MegaChips Management

Management criteria checks 2/4

MegaChips' CEO is Tetsuo Hikawa, appointed in Jun 2019, has a tenure of 4.92 years. directly owns 0.57% of the company’s shares, worth ¥380.07M. The average tenure of the management team and the board of directors is 3.3 years and 4.3 years respectively.

Key information

Tetsuo Hikawa

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	4.9yrs
CEO ownership	0.6%
Management average tenure	3.3yrs
Board average tenure	4.3yrs

Recent management updates

Recent updates

CEO

Tetsuo Hikawa

4.9yrs

Tenure

Mr. Tetsuo Hikawa serves as President & CEO of MegaChips Corp. since 2019. Mr. Tetsuo Hikawa served as the President of MegaChips System Solutions Inc., a subsidiary of Megachips Corp. Mr. Hikawa serves as...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Tetsuo Hikawa	President	4.9yrs	no data	0.57% ¥ 380.1m
Yoshimasa Hayashi	Executive VP & Director	3.3yrs	no data	0.75% ¥ 505.5m
Masaaki Iwai	Executive Officer & Director	less than a year	no data	0.0055% ¥ 3.7m

3.3yrs

Average Tenure

Experienced Management: 6875's management team is considered experienced (3.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Tetsuo Hikawa	President	no data	no data	0.57% ¥ 380.1m
Yoshimasa Hayashi	Executive VP & Director	no data	no data	0.75% ¥ 505.5m
Masaaki Iwai	Executive Officer & Director	less than a year	no data	0.0055% ¥ 3.7m
Masahiro Shindo	Chairman	5.3yrs	no data	3.04% ¥ 2.0b
Keiichi Kitano	Outside Auditor	21.9yrs	no data	0.055% ¥ 36.9m
Satoshi Nakamura	Independent Outside Director	less than a year	no data	no data
Tomoyoshi Furukawa	Outside Auditor	5.3yrs	no data	no data
Junko Nagata	Independent Outside Director	5.3yrs	no data	0.011% ¥ 7.4m
Ikuo Iwama	Director	4.3yrs	no data	no data
Hirofumi Nagai	Independent Outside Director	4.3yrs	no data	0.011% ¥ 7.4m
Heihachi Matsumoto	Independent Outside Director	2.3yrs	no data	0.0055% ¥ 3.7m
Masashi Kuramoto	Director	no data	no data	0.044% ¥ 29.5m

4.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 6875's board of directors are considered experienced (4.3 years average tenure).

MegaChips Management

Management criteria checks 2/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

Recent updates

MegaChips Corporation to Report Fiscal Year 2024 Results on May 10, 2024

Upcoming dividend of JP¥50.00 per share

Third quarter 2024 earnings released: EPS: JP¥21.65 (vs JP¥93.36 in 3Q 2023)

Price target increased by 7.3% to JP¥5,600

Consensus EPS estimates fall by 10%

MegaChips Corporation to Report Q3, 2024 Results on Feb 09, 2024

Second quarter 2024 earnings released: EPS: JP¥40.05 (vs JP¥88.99 in 2Q 2023)

MegaChips Corporation to Report Q2, 2024 Results on Nov 08, 2023

First quarter 2024 earnings released: EPS: JP¥50.18 (vs JP¥61.55 in 1Q 2023)

Price target increased by 7.2% to JP¥4,983

Full year 2023 earnings: Revenues and EPS in line with analyst expectations

MegaChips Corporation to Report Q1, 2024 Results on Aug 04, 2023

Consensus EPS estimates increase by 17%, revenue downgraded

Consensus EPS estimates increase by 17%, revenue downgraded

Upcoming dividend of JP¥40.00 per share at 1.2% yield

Price target decreased by 12% to JP¥4,567

Third quarter 2023 earnings released: EPS: JP¥93.36 (vs JP¥1,193 in 3Q 2022)

Price target decreased to JP¥5,183

Less than half of directors are independent

Second quarter 2023 earnings released: EPS: JP¥88.99 (vs JP¥74.69 in 2Q 2022)

Price target decreased to JP¥5,183

First quarter 2023 earnings released: EPS: JP¥61.55 (vs JP¥34.44 in 1Q 2022)

Price target decreased to JP¥5,700

Full year 2022 earnings: EPS in line with expectations, revenues disappoint

Price target increased to JP¥6,350

Less than half of directors are independent

MegaChips Corporation to Report Q3, 2023 Results on Feb 03, 2023

MegaChips Corporation to Report Fiscal Year 2022 Results on May 13, 2022

Price target increased to JP¥6,350

Upcoming dividend of JP¥35.00 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Consensus forecasts updated

Price target increased to JP¥5,567

Second quarter 2022 earnings released: EPS JP¥74.69 (vs JP¥32.26 in 2Q 2021)

Price target increased to JP¥4,200

First quarter 2022 earnings released: EPS JP¥34.44 (vs JP¥68.79 in 1Q 2021)

Full year 2021 earnings released: EPS JP¥961 (vs JP¥82.34 loss in FY 2020)

MegaChips Corporation (TSE:6875) announces an Equity Buyback for 1,600,000 shares, representing 7.35% for ¥5,000 million.

Upcoming dividend of JP¥17.00 per share

MegaChips Corporation to Report Fiscal Year 2021 Results on May 14, 2021

Analysts update estimates

Investor sentiment improved over the past week

New 90-day high: JP¥3,445

Third quarter 2021 earnings released: EPS JP¥44.80 (vs JP¥37.63 loss in 3Q 2020)

Revenue and earnings beat expectations

New 90-day high: JP¥3,320

New 90-day high: JP¥3,240

New 90-day high: JP¥3,075

Price target raised to JP¥3,097

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age