Renesas Electronics Reports Financial Results for the First Quarter Ended March 31, 2021

4. Others

4.1

 

Changes in significant subsidiaries for the three months ended March 31, 2021: No

 

 

(Changes in specified subsidiaries resulting in changes in scope of consolidation)

4.2

 

Changes in Accounting Policies, Changes in Accounting Estimates and Corrections of Prior Period Errors

 

 

1.

Changes in accounting policies with revision of accounting standard: No

 

 

2.

Changes in accounting policies except for 4.2.1: No

 

 

3.

Changes in accounting estimates: No

4.3

 

Number of shares issued and outstanding (common stock)

 

 

1.

Number of shares issued and outstanding (including treasury stock)

 

 

 

 

As of March 31, 2021:

1,732,968,290 shares

 

 

 

 

As of December 31, 2020:

1,731,898,990 shares

 

 

 

 

 

 

 

 

2.

Number of treasury stock

 

 

 

 

As of March 31, 2021:

2,581 shares

 

 

 

 

As of December 31, 2020:

2,581 shares

 

 

 

 

 

 

 

 

3.

Average number of shares issued and outstanding

 

 

 

 

Three months ended March 31, 2021:

1,732,607,242 shares

 

 

 

 

Three months ended March 31, 2020:

1,710,788,376 shares

(Note) Information regarding the implementation of audit procedures
These financial results are not subject to quarterly review procedures by the independent auditor.

Cautionary Statement

The Group will hold an earnings conference for institutional investors and analysts on April 28, 2021. The Group plans to post the materials which are provided at the meeting, on the Group’s website on that day.

The statements with respect to the financial outlook of Renesas Electronics Corporation (hereinafter “the Company”) and its consolidated subsidiaries (hereinafter “the Group”) 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 changes in several important factors.

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—securely and safely. A global leader in microcontrollers, analog, power, and SoC products and integrated platforms, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics, Office Automation and Information Communication Technology applications to help shape a limitless future. Learn more at renesas.com.

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