TOKYO--(BUSINESS WIRE)--
Renesas Electronics Corporation ( RNECF ) today announced consolidated financial results in accordance with IFRS for the three and nine months ended September 30, 2025.
Summary of Consolidated Financial Results (Note 1)
Summary of Consolidated Financial Results (Non-GAAP basis) (Note 2)
|
Three months ended
|
Nine months ended
|
||
|
Billion yen |
% of Revenue |
Billion yen |
% of Revenue |
Revenue |
334.2 |
100.0 |
967.6 |
100.0 |
Gross profit |
192.5 |
57.6 |
552.0 |
57.1 |
Operating profit |
103.2 |
30.9 |
278.9 |
28.8 |
Profit attributable to owners of parent |
88.2 |
26.4 |
239.3 |
24.7 |
EBITDA (Note 3) |
122.5 |
36.7 |
336.3 |
34.8 |
Summary of Consolidated Financial Results (IFRS basis)
|
Three months ended
|
Nine months ended
|
||
|
Billion yen |
% of Revenue |
Billion yen |
% of Revenue |
Revenue |
335.4 |
100.0 |
969.7 |
100.0 |
Gross profit |
192.3 |
57.3 |
546.5 |
56.4 |
Operating profit |
72.6 |
21.7 |
133.9 |
13.8 |
Profit (loss) attributable to owners of parent |
106.3 |
31.7 |
(69.1) |
(7.1) |
EBITDA (Note 3) |
117.4 |
35.0 |
276.7 |
28.5 |
Reconciliation of Non-GAAP gross profit to IFRS gross profit and Non-GAAP operating profit to IFRS operating profit
(Billion yen) |
||
|
Three months ended
|
Nine months ended
|
Non-GAAP gross profit Non-GAAP gross margin |
192.5 57.6% |
552.0 57.1% |
Reconciliation items in non-recurring revenue (Note 4) |
1.2 |
2.1 |
Amortization of purchased intangible assets and depreciation of property, plant and equipment |
(0.2) |
(0.7) |
Stock-based compensation |
(0.6) |
(2.1) |
Other reconciliation items in non-recurring expenses and adjustments (Note 5) |
(0.6) |
(4.9) |
IFRS gross profit IFRS gross margin |
192.3 57.3% |
546.5 56.4% |
|
|
|
Non-GAAP operating profit Non-GAAP operating margin |
103.2 30.9% |
278.9 28.8% |
Reconciliation items in non-recurring revenue (Note 4) |
1.2 |
2.1 |
Amortization of purchased intangible assets and depreciation of property, plant and equipment |
(25.4) |
(85.4) |
Stock-based compensation |
(9.1) |
(29.1) |
Other reconciliation items in non-recurring expenses and adjustments (Note 5) |
2.7 |
(32.5) |
IFRS operating profit IFRS operating margin |
72.6 21.7% |
133.9 13.8% |
(Note) |
1. |
All figures are rounded to the nearest |
|
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. |
||
3. |
Operating profit + Depreciation and amortization. |
||
4. |
Non-recurring revenue that the Group has determined should be excluded. |
||
5. |
“Other reconciliation items in non-recurring expenses and adjustments” includes the non-recurring items related to acquisitions and other adjustments as well as non-recurring profits or losses the Group believes to be applicable. |
RENESAS ELECTRONICS CORPORATION ( RNECF )
Consolidated Financial Results for the Third Quarter Ended September 30, 2025
English translation from the original Japanese-language document
October 30, 2025
Company name |
: |
Stock exchanges on which the shares are listed |
: |
Code number |
: 6723 |
URL |
: https://www.renesas.com |
Representative |
: |
Contact person |
: |
(Amounts are rounded to the nearest million yen)
1. Consolidated financial results for the nine months ended September 30, 2025
1.1 Consolidated financial results
(% of change from corresponding period of the previous year)
|
Revenue |
Operating profit |
Profit before tax |
Profit |
Profit attributable to owners of parent |
Total comprehensive income |
||||||
|
Million yen |
% |
Million yen |
%
|
Million yen |
% |
Million yen |
%
|
Million yen |
% |
Million yen |
% |
Nine months ended |
969,675 |
(8.2) |
133,921 |
(33.3) |
(49,243) |
― |
(68,994) |
― |
(69,086) |
― |
(278,743) |
― |
Nine months ended |
1,055,879 |
(4.7) |
200,891 |
― |
234,694 |
― |
197,291 |
― |
197,296 |
― |
142,509 |
― |
|
Basic earnings
|
Diluted earnings
|
|
|
Yen |
Yen |
|
Nine months ended |
(38.28) |
(38.28) |
|
Nine months ended |
110.44 |
109.11 |
(Note) |
1. |
The Group finalized the provisional accounting treatment for the business combination at the end of |
|
2. |
Diluted earnings per share is the same as basic earnings per share as there were no dilutive potential common shares outstanding for the nine months ended |
1.2 Consolidated financial position
|
Total assets |
Total equity |
Equity attributable to owners |
Ratio of equity attributable to owners |
|
Million yen |
Million yen |
Million yen |
% |
|
4,012,675 |
2,242,306 |
2,237,322 |
55.8 |
|
4,490,436 |
2,542,298 |
2,537,382 |
56.5 |
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
|
0.00 |
0.00 |
0.00 |
28.00 |
28.00 |
Year ending
|
0.00 |
0.00 |
0.00 |
|
|
Year ending
|
|
|
|
--- |
--- |
(Note) Change in forecast of cash dividends since the most recently announced forecast: No |
|||||
3. Forecast of consolidated results for the full year ending December 31, 2025
|
Three months ended
|
Nine months ended
|
||
|
Billion yen |
% of Revenue |
Billion yen |
% of Revenue |
Revenue |
335.4 |
100.0 |
969.7 |
100.0 |
Gross profit |
192.3 |
57.3 |
546.5 |
56.4 |
Operating profit |
72.6 |
21.7 |
133.9 |
13.8 |
Profit (loss) attributable to owners of parent |
106.3 |
31.7 |
(69.1) |
(7.1) |
EBITDA (Note 3) |
117.4 |
35.0 |
276.7 |
28.5 |
|
Three months ended
|
Nine months ended
|
||
|
Billion yen |
% of Revenue |
Billion yen |
% of Revenue |
Revenue |
335.4 |
100.0 |
969.7 |
100.0 |
Gross profit |
192.3 |
57.3 |
546.5 |
56.4 |
Operating profit |
72.6 |
21.7 |
133.9 |
13.8 |
Profit (loss) attributable to owners of parent |
106.3 |
31.7 |
(69.1) |
(7.1) |
EBITDA (Note 3) |
117.4 |
35.0 |
276.7 |
28.5 |
|
Three months ended
|
Nine months ended
|
||
|
Billion yen |
% of Revenue |
Billion yen |
% of Revenue |
Revenue |
335.4 |
100.0 |
969.7 |
100.0 |
Gross profit |
192.3 |
57.3 |
546.5 |
56.4 |
Operating profit |
72.6 |
21.7 |
133.9 |
13.8 |
Profit (loss) attributable to owners of parent |
106.3 |
31.7 |
(69.1) |
(7.1) |
EBITDA (Note 3) |
117.4 |
35.0 |
276.7 |
28.5 |
|
Three months ended
|
Nine months ended
|
||
|
Billion yen |
% of Revenue |
Billion yen |
% of Revenue |
Revenue |
335.4 |
100.0 |
969.7 |
100.0 |
Gross profit |
192.3 |
57.3 |
546.5 |
56.4 |
Operating profit |
72.6 |
21.7 |
133.9 |
13.8 |
Profit (loss) attributable to owners of parent |
106.3 |
31.7 |
(69.1) |
(7.1) |
EBITDA (Note 3) |
117.4 |
35.0 |
276.7 |
28.5 |
About Renesas Electronics Corporation ( RNECF )
Renesas Electronics Corporation ( RNECF ) empowers a safer, smarter and more sustainable future where technology helps make our lives easier. A leading global provider of microcontrollers, Renesas combines our expertise in embedded processing, analog, power and connectivity to deliver complete semiconductor solutions. These Winning Combinations accelerate time to market for automotive, industrial, infrastructure and IoT applications, enabling billions of connected, intelligent devices that enhance the way people work and live. Learn more at renesas.com. Follow us on LinkedIn, Facebook, Twitter, YouTube, and Instagram.
(FORWARD-LOOKING STATEMENTS)
The statements in this press release with respect to the plans, strategies and financial outlook of Renesas and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. Such forward-looking statements do not represent any guarantee by management of future performance. In many cases, but not all, we use such words as “aim,” “anticipate,” “believe,” “continue,” “endeavor,” “estimate,” “expect,” “initiative,” “intend,” “may,” “plan,” “potential,” “probability,” “project,” “risk,” “seek,” “should,” “strive,” “target,” “will” and similar expressions to identify forward-looking statements. You can also identify forward-looking statements by discussions of strategy, plans or intentions. These statements discuss future expectations, identify strategies, contain projections of our results of operations or financial condition, or state other forward-looking information based on our current expectations, assumptions, estimates and projections about our business and industry, our future business strategies and the environment in which we will operate in the future. Known and unknown risks, uncertainties and other factors could cause our actual results, performance or achievements to differ materially from those contained or implied in any forward-looking statement, including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast.
This press release is based on the economic, regulatory, market and other conditions as in effect on the date hereof. It should be understood that subsequent developments may affect the information contained in this presentation, which neither we nor our advisors or representatives are under an obligation to update, revise or affirm.
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Source: Renesas Electronics Corporation ( RNECF )