MegaChips Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2015; Provides Dividend Guidance for the Full Year of Fiscal 2015
January 30, 2015 at 04:32 pm EST
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MegaChips Corporation reported consolidated earnings results for the nine months ended December 31, 2014. For the period, the company reported net sales of JPY 50,807 million, operating income of JPY 4,122 million and net income of JPY 1,552 million or JPY 68.87 per share compared to net sales of JPY 46,721 million, operating income of JPY 3,885 million and net income of JPY 4,902 million or JPY 209.96 per share a year ago. Ordinary income of JPY 3,125 million compared with JPY 3,940 million for the same period a year ago. Net income before taxes was JPY 3,076,551,000 compared with JPY 4,175,763,000 for the same period a year ago.
The company provided earnings guidance for the full year ending March 31, 2015. For the year, the company expects to report net sales of JPY 63,000 million, operating income of JPY 3,200 million, ordinary income of JPY 3,100 million and net income of JPY 1,700 million or JPY 72.81 per share.
The company provided dividend guidance for the full year of fiscal 2015. The company planned to pay a year end dividend of JPY 34.00 per share.
MegaChips Corporation is a Japan-based company engaged in the design, development, manufacture and sale of system large-scale integrations (LSIs) based on the basic technologies of image, audio and telecommunication sectors, and electronic components and system machinery equipped with its system LSIs. The Companyâs main products Include LSIs for entertainment devices such as game consoles, image processing LSIs for digital cameras, LSIs for liquid crystal display (LCD) panels, and video surveillance system equipment for security field, among others. As of March 31, 2014, the Company had four subsidiaries.
MegaChips Corporation Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Earnings Guidance for the Fiscal Year Ending March 31, 2015; Provides Dividend Guidance for the Full Year of Fiscal 2015
MEGACHIPS CORPORATION 
