Renesas Reports Financial Results for the First Quarter Ended March 31, 2024

2. Cash dividends

 

Cash dividends per share

 

At the end of

first quarter

At the end of second quarter

At the end of third quarter

At the end of year

Total

 

Yen

Yen

Yen

Yen

Yen

Year ended December 31, 2023

---

0.00

---

28.00

28.00

Year ending December 31, 2024

0.00

 

 

 

 

Year ending December 31, 2024 (forecast)

 

---

---

---

---

Note: Change in forecast of cash dividends since the most recently announced forecast: No

3. Forecast of consolidated results for the six months ending June 30, 2024

 

Non-GAAP

Revenue

Non-GAAP

Gross Margin

Non-GAAP

Operating Margin

Million yen

 

%

 

%

 

%pts

 

%

 

%pts

Six months ending June 30, 2024

699,290 to 714,290

 

(4.0) to (1.9)

 

56.1

 

(0.7)

 

31.4

 

(3.5)

 

Note 1:

The Group reports its consolidated forecast on a quarterly basis (cumulative quarters) as substitute for a yearly forecast in a range format. The non-GAAP gross margin and the non-GAAP operating margin forecasts are provided assuming the midpoint in the non-GAAP revenue forecast.

Note 2:

Non-GAAP figures are calculated by removing or adjusting non-recurring items and other adjustments from GAAP (IFRS) figures following a certain set of rules. The Group believes non-GAAP measures provide useful information in understanding and evaluating the Group’s constant business results, and therefore forecasts are provided on a non-GAAP basis.


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