Megachips Completes Restricted Share Award Payment

TOKYO, Jul 24 (Pulse News Wire) – MegaChips Corporation (6875.T) completed the payment process for restricted share awards to directors and officers aimed at incentivizing sustained growth and enhancing shareholder value. The transaction involved the issuance of ordinary shares totaling 11,500 at a price of ¥10,520 per share, resulting in a total amount of ¥121.0 million.

This distribution was approved during the board meeting held on June 26, 2026 as part of the company's restricted stock award program designed to align executive interests with long-term shareholder gains. Six directors, including outside directors, and six non-executive officers received the shares.