Renesas Reports Financial Results for the Year Ended December 31, 2022

TOKYO — (BUSINESS WIRE) — February 8, 2023 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the year ended December 31, 2022.

Summary of Consolidated Financial Results (Note 1)

 

Year ended
December 31, 2022

 

Billion Yen

% of Revenue

Revenue

1,500.9

100.0

Operating profit

424.2

28.3

Profit attributable to owners of parent

256.6

17.1

Capital expenditures (Note 2)

216.4

 

Depreciation and amortization

186.0

 

R&D expenses (Note 3)

206.7

 

 

Yen

 

Exchange rate (USD)

130

 

Exchange rate (EUR)

137

 

 

As of December 31, 2022

 

Billion Yen

Total assets

2,812.3

Total equity

1,537.5

Equity attributable to owners of parent

1,533.8

Equity ratio attributable to owners of parent (%)

54.5

Interest-bearing liabilities

770.0

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 year ended December 31, 2022. However, the investments from Dialog Semiconductor Limited (hereinafter “Dialog”) and Celeno Communications Inc. (hereinafter “Celeno”) are listed as an input basis.

Note 3:

 

R&D expenses include capitalized R&D expenses recorded as intangible assets.

Note 4:

 

The allocation of the acquisition costs for the business combinations with Dialog and Celeno has been revised at the end of the three months ended March 31, 2022 and at the end of the three months ended June 30, 2022, respectively. These revisions to the allocation of the acquisition costs (PPA) have been reflected in the consolidated financial results for the year ended December 31, 2021 and for the three months ended March 31, 2022.

 

RENESAS ELECTRONICS CORPORATION

Consolidated Financial Results for the Year Ended December 31, 2022

English translation from the original Japanese-language document

 

February 9, 2023

 

Company name

: Renesas Electronics Corporation

Stock exchanges on which the shares are listed

: Tokyo Stock Exchange, Prime Market

Code number

: 6723

URL

: https://www.renesas.com

Representative

: Hidetoshi Shibata, President and CEO

Contact person

: Fujiko Yamaguchi, Vice President, IR Office

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

Filing date of Yukashoken Hokokusho (scheduled)

: March 30, 2023


1 | 2 | 3 | 4 | 5  Next Page »



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us
ShareCG™ is a trademark of Internet Business Systems, Inc.

Report a Bug Report Abuse Make a Suggestion About Privacy Policy Contact Us User Agreement Advertise