Renesas Electronics Reports Financial Results for the Second Quarter Ended June 30, 2019

TOKYO — (BUSINESS WIRE) — August 6, 2019 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the six months ended June 30, 2019.

Summary of Consolidated Financial Results

 

Three months ended
June 30, 2019

Six months ended
June 30, 2019

 

Billion Yen

% of Net Sales

Billion Yen

% of Net Sales

Revenue

192.6

100.0

342.9

100.0

Revenue from semiconductors

189.0

 

335.7

 

Revenue from others

3.7

 

7.2

 

Operating profit

(2.5)

(1.3)

(3.8)

(1.1)

Net profit

(1.2)

(0.6)

(3.0)

(0.9)

Capital expenditures

2.7

 

4.6

 

Depreciation and others

31.0

 

60.3

 

R&D expenses

32.9

 

61.2

 

 

Yen

 

Yen

 

Exchange rate (USD)

111

 

111

 

Exchange rate (Euro)

125

 

125

 

 

As of June 30, 2019

 

Billion Yen

Total assets

1,673.7

Total equity

599.0

Equity attributable to owners of the parent

596.2

Equity ratio attributable to owners of the parent (%)

35.6

Interest-bearing debt

852.7

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, 2019.

Note 3:

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

Note 4:

R&D expenses includes partially capitalized R&D expenses recorded as intangible assets.

RENESAS ELECTRONICS CORPORATION

Consolidated Financial Results for the Second Quarter Ended June 30, 2019

English translation from the original Japanese-language document

August 6, 2019

Company name

: Renesas Electronics Corporation

Stock exchanges on which the shares are listed

:Tokyo Stock Exchange, First Section

Code number

:6723

URL

: https://www.renesas.com

Representative

:Hidetoshi Shibata, Representative Director,

President and CEO

Contact person

:Yoichi Kobayashi, Senior Director

Corporate Communications Dept.

Tel. +81 (0)3-6773-3002

Filing date of Shihanki Hokokusho (scheduled)

:August 6, 2019

 
(Amounts are rounded to the nearest million yen)

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