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Notice Concerning the Difference between Renesas' Financial Results for the Year Ended December 31, 2025, and Results in the Previous Period

#Renesas--Renesas Electronics Corporation (TSE: 6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced the difference between its consolidated financial results ...

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TOKYO: #Renesas--Renesas Electronics Corporation (TSE: 6723, “Renesas”), a premier supplier of advanced semiconductor solutions, today announced the difference between its consolidated financial results for the year ended December 31, 2025 (January 1, 2025 to December 31, 2025), which it disclosed on February 5, 2026, and the financial results in the previous period (January 1, 2024 to December 31, 2024).

The forecasts for the above period are not based on IFRS. Therefore, the differences are shown as actual figures.

1. Difference between consolidated financial results for the year ended December 31, 2025, and the year ended December 31, 2024

In millions of yen

 

Revenue

Operating
Profit

Profit
Before Tax

Profit

Profit Attributable to Owners of Parent

Year ended

December 31, 2024

1,348,479

222,977

263,833

219,422

219,084

Year ended

December 31, 2025

1,321,212

201,166

-30,275

-51,658

-51,763

Difference

-27,267

-21,811

-294,108

-271,080

-270,847

Difference (%)

-2.0%

-9.8%

2. Background to the difference

Consolidated revenue for the year ended December 31, 2025, was 1,321.2 billion yen, a 2.0% decrease year on year. This was mainly attributable to a decrease in revenue from the Automotive Business due to market softening, although revenue from the Industrial, Infrastructure, and IoT Business increased, driven by stronger demand in the Infrastructure Business.

Gross profit for the year ended December 31, 2025, increased slightly year on year due to lower manufacturing costs. On the other hand, operating profit decreased by 21.8 billion yen from the previous year, mainly due to an increase in selling, general, and administrative expenses. Additionally, profit attributable to owners of parent decreased by 270.8 billion yen from the previous year. This was because Renesas recorded a loss of 236.6 billion yen, including the impact of foreign exchange fluctuations, for the year ended December 31, 2025, resulting from converting the deposit with Wolfspeed, Inc. into other financial assets in accordance with the Restructuring Support Agreement entered into with Wolfspeed.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) 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.

Fonte: Business Wire

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