Sale of Investment Securities and Recognition of an Extraordinary Gain
MegaChips Corporation
Part of the Company's holdings of SiTime Corporation shares (headquartered in California, U.S., and listed on the NASDAQ Global Market)
To focus on developing businesses in new fields and strengthen its business portfolio while maintaining financial soundness, with a view to sustainable medium- to long-term growth
¥37 billion gain on the sale of investment securities (extraordinary gain in the consolidated and non-consolidated financial statements)
Fiscal year ending March 2027
Already reflected in the consolidated earnings forecast for the fiscal year ending March 2027
Following the sale of part of its SiTime shares, the Company expects to recognize a ¥37 billion gain on the sale of investment securities as an extraordinary gain in its consolidated and non-consolidated financial statements for the fiscal year ending March 2027. The impact of the sale on financial results has already been reflected in the consolidated earnings forecast for the fiscal year ending March 2027 stated in the financial results summary for the fiscal year ended March 2026, released on the same date.
| Item | Details |
|---|---|
| Event name | Sale of Investment Securities and Recognition of an Extraordinary Gain |
| Date of occurrence | 14 May 2026 (the date on which the Board of Directors decided to sell part of the Company's SiTime shares) |
| Subject Entity | MegaChips Corporation |
| Target Locations / Products | Part of the Company's holdings of SiTime Corporation shares (headquartered in California, U.S., and listed on the NASDAQ Global Market) |
| Cause | To focus on developing businesses in new fields and strengthen its business portfolio while maintaining financial soundness, with a view to sustainable medium- to long-term growth |
| Amount of Impact on Business Performance | ¥37 billion gain on the sale of investment securities (extraordinary gain in the consolidated and non-consolidated financial statements) |
| Accounting period in which recognized | Fiscal year ending March 2027 |
| Impact on Earnings Forecast | Already reflected in the consolidated earnings forecast for the fiscal year ending March 2027 |
| Outlook | Following the sale of part of its SiTime shares, the Company expects to recognize a ¥37 billion gain on the sale of investment securities as an extraordinary gain in its consolidated and non-consolidated financial statements for the fiscal year ending March 2027. The impact of the sale on financial results has already been reflected in the consolidated earnings forecast for the fiscal year ending March 2027 stated in the financial results summary for the fiscal year ended March 2026, released on the same date. |
Items this document does not state (16)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To focus on developing businesses in new fields and strengthen its business portfolio while maintaining financial soundness.