Renesas Electronics Reports Financial Results for the Year Ended December 31, 2016

TOKYO — (BUSINESS WIRE) — February 7, 2017 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the year ended December 31, 2016.

Summary of Consolidated Financial Results

   

Year ended
December 31, 2016

  Billion Yen   % of Net Sales
Net sales 471.0 100.0

Sales from semiconductors

457.2
Sales from others 13.9
Operating income 54.7 11.6
Ordinary income 50.0 10.6
Net income attributable to shareholders of parent company   44.1   9.4
Capital expenditures 72.8
Depreciation and others 45.3
R&D expenses   78.1    
Yen
Exchange rate (USD) 106
Exchange rate (EUR)   118    
     
    As of December 31, 2016
Billion Yen
Total assets 823.1
Net assets 422.4
Equity Capital 420.2
Equity ratio (%) 51.0
Interest-bearing debt   157.3
 

Note 1:

All figures are rounded to the nearest 100 million yen.

Note 2:

At the 14th Ordinary General Shareholders’ Meeting held on June 28, 2016, a partial amendment to the Articles of Incorporation was approved and Renesas Electronics Group implemented a change of the fiscal term in which the fiscal year-end changed from March 31 to December 31 starting from the fiscal year 2016. The fiscal year (fiscal year ended December 31, 2016) in which the transition to the new accounting period took place, comprised the financial results for the nine months from April 1, 2016, to December 31, 2016.

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 and amortization of long-term prepaid expenses in quarterly consolidated statements of cash flows.

 
 

Consolidated Financial Results for the Year Ended December 31, 2016

English translation from the original Japanese-language document
 

 

February 8, 2016

 

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

Date of the ordinary general shareholders’ meeting (scheduled)

: March 30, 2017

Filing date of Yukashoken Hokokusho (scheduled)

: March 30, 2017

 

 

(Amounts are rounded to the nearest million yen)

 
 

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