Renesas Electronics Reports Financial Results for the First Quarter Ended March 31, 2017

TOKYO — (BUSINESS WIRE) — May 11, 2017 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the three months ended March 31, 2017.

Summary of Consolidated Financial Results

    Three-month period ended
      March 31, 2017
Billion Yen     % of Net Sales
Net sales 177.6 100.0
Sales from semiconductors 172.5
Sales from others 5.1
Operating income 25.5 14.3
Ordinary income 24.5 13.8
Net income attributable to shareholders of parent company     20.0     11.2
Capital expenditures 31.2
Depreciation and others 20.1
R&D expenses     27.1      
Yen
Exchange rate (USD) 114
Exchange rate (EUR)     121      
       
       
      As of March 31, 2017
Billion Yen
Total assets 966.8
Net assets 432.8
Equity Capital 430.5
Equity ratio (%) 44.5%
Interest-bearing debt     252.7
 
Note 1:   All figures are rounded to the nearest 100 million yen.
Note 2: Consolidated financial results for the three months ended March 31, 2017 have been reviewed by the auditors.
Note 3: Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment) and intangible assets.
Note 4: Depreciation and others includes depreciation and amortization of intangible assets, amortization of long-term prepaid expenses and amortization of good will in quarterly consolidated statements of cash flows.
 
 

Consolidated Financial Results for the First Quarter Ended March 31, 2017

English translation from the original Japanese-language document
 

May 12, 2017

 
Company name    

:

 

Renesas Electronics Corporation

Stock exchanges on which the shares are listed

:

Tokyo Stock Exchange, First Section

Code number

:

6723

URL

:

http://www.renesas.com

Representative

:

Bunsei Kure, Representative Director,

President and CEO
Contact person

:

Yoichi Kobayashi, Senior Manager

Corporate Communications Dept.
Tel. +81 (0)3-6773-3002
Filing date of Shihanki Hokokusho (scheduled)

:

May 12, 2017

 
(Amounts are rounded to the nearest million yen)
 

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