Renesas Electronics Reports Financial Results for the Third Quarter Ended December 31, 2015

09 Feb 2016

Tokyo, Japan, February 9, 2016 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the nine months ended December 31, 2015.

 

Summary of Consolidated Financial Results

  Three months ended December 31, 2015 Nine months ended December 31, 2015
  Billion Yen % of Net Sales Billion Yen % of Net Sales
Net sales 164.8 100.0 525.5 100.0
   Sales from semiconductors 160.9   512.4  
   Sales from others 3.9   13.1  
Operating income 25.0 15.1 88.1 16.8
Ordinary income 23.7 14.4 90.9 17.3
Net income attributable to shareholders of parent company 18.6 11.3 76.0 14.5
Capital expenditures (Note 2) 18.6   49.6  
Depreciation and others 16.0   46.9  
R&D expenses 23.5   70.1  
  Yen   Yen  
Exchange rate (USD) 121   122  
Exchange rate (Euro) 134   134  
  As of December 31, 2015
  Billion Yen
Total assets 862.8
Net assets 379.3
Equity capital 377.0
Equity ratio (%) 43.7
Interest-bearing debt 252.1

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

Note 2: Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment) and intangible assets.

Note 3: 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, home electronics, office automation, and information communication technology applications that help shape a limitless future. Learn more at renesas.com.


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.