TOKYO — (BUSINESS WIRE) — October 25, 2023 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the nine months ended September 30, 2023.
Summary of Consolidated Financial Results (Note 1)
|
Three months ended
|
Nine months ended
|
||
|
Billion Yen |
% of Revenue |
Billion Yen |
% of Revenue |
Revenue |
379.4 |
100.0 |
1,107.5 |
100.0 |
Operating profit |
98.0 |
25.8 |
318.5 |
28.8 |
Profit attributable to owners of parent |
75.3 |
19.9 |
271.1 |
24.5 |
Capital expenditures (Note 2) |
21.3 |
|
63.2 |
|
Depreciation and amortization |
46.9 |
|
137.3 |
|
R&D expenses (Note 3) |
61.2 |
|
173.1 |
|
|
Yen |
|
Yen |
|
Exchange rate (USD) |
142 |
|
137 |
|
Exchange rate (EUR) |
156 |
|
148 |
|
|
As of September 30, 2023 |
|
Billion Yen |
Total assets |
3,291.2 |
Total equity |
2,056.4 |
Equity attributable to owners of parent |
2,052.1 |
Equity ratio attributable to owners of parent (%) |
62.4 |
Interest-bearing liabilities |
710.3 |
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 three months and nine months ended September 30, 2023. However, the investments from Dialog Semiconductor Limited (hereinafter “Dialog”) and Celeno Communications Inc. (hereinafter “Celeno”) are listed as an input basis. It should be noted that as of September 29, 2023, Celeno changed its company name from Celeno Communications Inc. to Renesas Semiconductor Design US Inc. |
| 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 combination with Steradian Semiconductors Private Limited (hereinafter “Steradian”), which was completed on October 17, 2022, has been revised at the end of three months ended March 31, 2023. This revision to the allocation of the acquisition costs has been reflected in the consolidated financial results for the year ended December 31, 2022. |
RENESAS ELECTRONICS CORPORATION
