29 Oct 2014
TOKYO, Japan, October 29, 2014 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the six months ended September 30, 2014.
Summary of Consolidated Financial Results
|Three months ended September 30, 2014||Six months ended September 30, 2014|
|Billion Yen||% of Net Sales||Billion Yen||% of Net Sales|
|Sales from semiconductors||199.6||400.8|
|Sales from others||8.1||16.1|
|Operating income (loss)||23.5||11.3||50.5||12.1|
|Ordinary income (loss)||23.8||11.4||49.1||11.8|
|Net income (loss)||13.9||6.7||35.1||8.4|
|Depreciation and others||17.6||34.0|
|Exchange rate (USD)||102||102|
|Exchange rate (Euro)||138||139|
|As of September 30, 2014|
|Equity ratio (%)||27.9|
Note 1: All figures are rounded to the nearest 100 million yen.
Note 2: Consolidated financial results for the six months ended September 30, 2014 have not been reviewed by the auditors. The figures are subject to change based on subsequent events or the auditors' review. Renesas Electronics Corporation will promptly notify the correction by issuing a press release.
Note 3: Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment).
Note 4: Depreciation and others includes depreciation and amortization of intangible assets and amortization of longterm prepaid expenses in quarterly consolidated statements of cash flows.
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.