July 31, 2015

TOKYO, Japan, 2015 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the three months ended June 30, 2015.

 

Summary of Consolidated Financial Results
  Three months ended June 30, 2015
  Billion Yen % of Net Sales
Net sales 179.3 100.0
   Sales from semiconductors 174.5  
   Sales from others 4.8  
Operating income (loss) 32.4 18.0
Ordinary income (loss) 33.4 18.6
Net income attributable to shareholders of parent company 29.9 16.7
Capital expenditures 19.6  
Depreciation and others 15.4  
R&D expenses 19.7  
  Yen  
Exchange rate (USD) 120  
Exchange rate (Euro) 131  
  As of June 30, 2015
  Billion Yen
Total assets 851.8
Net assets 344.7
Equity capital 342.4
Equity ratio (%) 40.2
Interest-bearing debt 259.4

Note 1: All figures are rounded to the nearest 100 million yen.

Note 2: Consolidated financial results for the three months ended June 30, 2015 have not been reviewed by the auditors. The figures are subject to change based on subsequent events or the auditors' review.

Note 3: Due to the amendments of “Accounting Standard for Business Combinations” and so forth, Renesas Electronics Group has changed the presentation of “Net income” into “Net income attributable to shareholders of parent company” from the first quarter ended June 30, 2015.

Note 4: Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment).

Note 5: Depreciation and others includes depreciation and amortization of intangible assets and amortization of long-term prepaid expenses in quarterly consolidated statements of cash flows.

Forward-Looking Statements

The statements in this press release with respect to the plans, strategies and financial outlook of Renesas Electronics Corporation and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to several important factors including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power,and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, industrial, infrastructure, and IoT applications that help shape a limitless future.Learn more at renesas.com.Follow us on LinkedIn, Facebook, Twitter, and YouTube.


The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.