| [July 31, 2015] |
 |
Renesas Electronics Reports Financial Results for the First Quarter Ended June 30, 2015
Renesas Electronics Corporation (TSE:6723) today announced consolidated
financial results for the three months ended June 30, 2015.
Summary of Consolidated Financial Results
|
|
|
Three months ended
June 30, 2015
|
|
|
|
Billion Yen
|
|
% of Net Sales
|
|
Net sales
|
|
179.3
|
|
100.0
|
|
Sales from semiconductors
|
|
174.5
|
|
|
|
Sales from others
|
|
4.8
|
|
|
|
Operating income
|
|
32.4
|
|
18.0
|
|
Ordinary income
|
|
33.4
|
|
18.6
|
|
Net income attributable to shareholders of parent company
|
|
29.9
|
|
16.7
|
|
Capital expenditures
|
|
19.6
|
|
|
|
Depreciation and others
|
|
15.4
|
|
|
|
R&D expenses
|
|
19.7
|
|
|
|
|
|
Yen
|
|
|
|
Exchange rate (USD)
|
|
120
|
|
|
|
Exchange rate (Euro)
|
|
131
|
|
|
|
|
|
|
|
|
|
As of June 30, 2015
|
|
|
|
Billion Yen
|
|
Total assets
|
|
851.8
|
|
Net assets
|
|
344.7
|
|
Equity Capital
|
|
342.4
|
|
Equity ratio (%)
|
|
40.2
|
|
Interest-bearing debt
|
|
259.4
|
|
Note 1:
|
|
All figures are rounded to the nearest 100 million yen.
|
|
Note 2:
|
|
Consolidated financial results for the three months ended June 30,
2015 have not been reviewed by the auditors. The figures are subject
to change based on subsequent events or the auditors' review.
|
|
Note 3:
|
|
Due to the amendments of "Accounting Standard for Business
Combinations" and so forth, Renesas Electronics Group has changed
the presentation of "Net income" into "Net income attributable to
shareholders of parent company" from the first quarter ended June
30, 2015.
|
|
Note 4:
|
|
Capital expenditures refer to the amount of order placed for
property, plant and equipment (manufacturing equipment).
|
|
Note 5:
|
|
Depreciation and others includes depreciation and amortization of
intangible assets and amortization of long- term prepaid expenses in
quarterly consolidated statements of cash flows.
|
|
|
|
|
|
|
|
Consolidated Financial Results for the First Quarter Ended June
30, 2015
|
|
English translation from the original Japanese-language document
|
|
|
|
July 31, 2015
|
|
|
|
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
|
|
: Takao Endo, Representative Director,
|
|
|
|
Chairman and CEO
|
|
Contact person
|
|
: Yoichi Kobayashi, Department Manager
|
|
|
|
Corporate Communications Dept, CEO
|
|
|
|
Office
|
|
|
|
Tel. +81 (0)3-6773-3002
|
|
Filing date of Shihanki Hokokusho (scheduled)
|
|
: August 6, 2015
|
|
|
|
|
|
(Amounts are rounded to the nearest million yen)
|
|
|
|
|
|
1. Consolidated financial results for the three months
ended June 30, 2015
|
|
1.1 Consolidated financial results
|
|
(% of change from corresponding period of the previous year)
|
|
|
|
|
Net sales
|
|
Operating
income
|
|
Ordinary income
|
|
Net income
attributable to
shareholders of
parent company
|
|
|
|
|
Million yen
|
|
%
|
|
Million yen
|
|
%
|
|
Million yen
|
|
%
|
|
Million yen
|
|
%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, 2015
|
|
179,302
|
|
(14.3)
|
|
32,363
|
|
19.9
|
|
33,367
|
|
31.7
|
|
29,872
|
|
40.9
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Three months ended June 30, 2014
|
|
209,259
|
|
5.1
|
|
26,984
|
|
175.9
|
|
25,343
|
|
196.8
|
|
21,199
|
|
---
|
|
|
Reference: Comprehensive income for the three months ended June 30,
2015: 32,844 million yen (54.2%)
|
|
|
Comprehensive income for the three months ended June 30, 2014:
21,301 million yen (810.3%)
|
|
|
|
|
|
|
|
|
Net income per
share basic
|
|
Net income per
share diluted
|
|
|
|
Yen
|
|
Yen
|
|
Three months ended June 30, 2015
|
|
17.92
|
|
---
|
|
|
|
|
|
|
|
Three months ended June 30, 2014
|
|
12.72
|
|
---
|
|
|
|
|
|
|
|
1.2 Consolidated financial position
|
|
|
|
|
Total assets
|
|
Net assets
|
|
Equity ratio
|
|
|
|
|
Million yen
|
|
Million yen
|
|
%
|
|
|
June 30, 2015
|
|
851,750
|
|
344,744
|
|
40.2
|
|
|
|
|
|
|
|
|
|
|
|
March 31, 2015
|
|
840,087
|
|
311,909
|
|
36.8
|
|
|
Reference:
|
|
Equity as of June 30, 2015:
|
|
342,354 million yen
|
|
|
|
|
Equity as of March 31, 2015:
|
|
309,529 million yen
|
|
|
|
|
|
|
|
|
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 March 31, 2015
|
|
---
|
|
0.00
|
|
---
|
|
0.00
|
|
0.00
|
|
|
Year ending March 31, 2016
|
|
---
|
|
|
|
|
|
|
|
|
|
|
Year ending March 31, 2016 (forecast)
|
|
|
|
0.00
|
|
---
|
|
---
|
|
---
|
|
|
Note: Change in forecast of cash dividends since most recently
announced forecast: Yes
|
|
|
For details, please refer to Appendix 1.4., "Forecasts of Cash
Dividends" on page 5.
|
|
|
|
|
|
|
3. Forecast of consolidated results for the six months ending
September 30, 2015
|
|
|
(% of change from corresponding period of the previous year)
|
|
|
|
|
Net sales
|
|
Operating
income
|
|
Ordinary income
|
|
Net income
attributable to
shareholders of
parent company
|
|
Net
income
per share
|
|
|
|
|
Million yen
|
|
%
|
|
Million yen
|
|
%
|
|
Million yen
|
|
%
|
|
Million yen
|
|
%
|
|
yen
|
|
|
Six months ending September 30, 2015
|
|
364,000
|
|
(12.7)
|
|
59,000
|
|
16.8
|
|
58,000
|
|
18.1
|
|
44,000
|
|
25.3
|
|
26.39
|
|
|
Note: Change in forecast of consolidated results since the most
recently announced forecast: Yes
|
|
|
Renesas Electronics Group reports its consolidated forecasts on a
quarterly basis as substitute for a yearly forecast. For details,
please refer to Appendix 1.3., "Consolidated Forecasts" on page 5.
|
|
|
|
4. Others
4.1 Changes in significant subsidiaries for the three months ended June
30, 2015
(Changes in specified subsidiaries resulting in changes in scope of
consolidation): No
4.2 Adoption of special accounting policies for quarterly financial
statements: Yes
(Note) For details, please refer to page 6.
4.3 Changes in Accounting Policies, Changes in Accounting Estimates and
Corrections of Prior Period Errors
1. Changes in accounting policies with revision of accounting standard:
Yes
(Note) For details, please refer to page 6.
2. Changes in accounting policies except for 4.3.1: No
3. Changes in accounting estimates: No
4. Corrections of prior period errors: No
4.4 Number of shares issued and outstanding (common stock)
1. Number of shares issued and outstanding (including treasury stock)
As of June 30, 2015: 1,667,124,490 shares
As of March 31, 2015: 1,667,124,490 shares
2. Number of treasury stock
As of June 30, 2015: 2,548 shares
As of March 31, 2015: 2,548 shares
3. Average number of shares issued and outstanding
For the three months ended June 30, 2015: 1,667,121,942 shares
For the three months ended June 30, 2014: 1,667,121,942 shares
(Note) Information regarding the implementation of quarterly review
procedures
These quarterly financial results are not subject to quarterly review
procedures based upon the Financial Instruments and Exchange Act. The
review procedures for the quarterly financial report are underway by the
time of issuance of this report.
Cautionary Statement
The statements with respect to the financial outlook of Renesas
Electronics Corporation (hereafter "the Company") and its consolidated
subsidiaries (hereafter "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.
The Group will hold an earnings conference for institutional investors
and analysts on July 31, 2015. The Group plans to post the materials
which are provided at the meeting, on the Group's website on that day.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150730006841/en/
[ Back To TMCnet.com's Homepage ]
|
