Renesas Electronics Reports Financial Results for the Second Quarter Ended June 30, 2020

30 Jul 2020

Tokyo, Japan — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the six months ended June 30, 2020.

Summary of Consolidated Financial Results

  Three months ended
June 30, 2020
Six months ended
June 30, 2020
  Billion Yen % of Revenue  Billion Yen % of Revenue
Revenue 166.7 100.0 345.4 100.0
Operating profit 17.3 10.4 30.6 8.8
Profit attributable to owners of the parent 11.9 7.2 23.2 6.7
Capital expenditures (Note 2) 3.9   10.2  
Depreciation and others (Note 3) 34.3   73.2  
R&D expenses (Note 4) 31.4   65.1  
  Yen   Yen  
Exchange rate (USD) 108   109  
Exchange rate (EUR) 118   119  
  As of June 30, 2020
  Billion Yen
Total assets 1,634.5
Total equity 629.4
Equity attributable to owners of the parent 626.5
Equity ratio attributable to owners of the parent (%) 38.3
Interest-bearing debt 740.2

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

Note 2: Capital expenditures refer to the amount of capital for property, plant and equipment (manufacturing equipment) and intangible assets based on the amount of investment decisions made during the quarter ended June 30, 2020. From the quarter ended March 31, 2020, capital expenditures include Integrated Device Technology, Inc (hereinafter “IDT”)’s investments as well as investments including fixed costs of masks and tools.

Note 3: Depreciation and others includes depreciation of fixed assets, amortization of intangible assets and amortization of long-term prepaid expenses in consolidated statements of cash flows.

Note 4: R&D expenses includes a partially capitalized R&D expenses recorded as intangible assets.

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.

关于瑞萨电子集团

瑞萨电子集团 (TSE: 6723) ,提供专业可信的创新嵌入式设计和完整的半导体解决方案,旨在通过使用其产品的数十亿联网智能设备改善人们的工作和生活方式。作为全球领先的微控制器供应商、模拟功率器件和SoC产品的领导者,瑞萨电子为汽车、工业、家居、基础设施及物联网等各种应用提供综合解决方案,期待与您携手共创无限未来。更多信息,敬请访问renesas.com。关注瑞萨电子微信公众号领英官方账号,发现更多精彩内容。


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