Renesas Announces Consolidated Forecasts for the 9 Months Ending September 2017

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Renesas Electronics Corporation, a premier supplier of advanced semiconductor solutions, on July 28, 2017, announced the consolidated financial forecasts for the nine months ending September 30, 2017.

  1. Consolidated forecasts for the nine months ending September 30, 2017

 

(January 1, 2017, to September 30, 2017) In millions of yen

  Net Sales Operating
Income
Ordinary
Income
Net Income Attributable to Shareholders of Parent Company Net Income per Share (Yen)
Original forecasts
Forecasts as of July 28, 2017 571,000 65,000 63,000 63,000 37.79
Increase (decrease)
Percent change
Reference:
Corresponding period of the previous year (January 1, 2016 to September 30, 2016)
472,396 48,838 40,077 29,686 17.81

The figures of the consolidated forecasts for the nine months ending September 30, 2017, above are sum of the results of the six-month period ended June 30, 2017, and the forecasts for the three months ending September 30, 2017.

The consolidated forecasts for the nine months ending September 30, 2017, are calculated at the rate of 112 yen per USD and 123 yen per Euro.

The allocation of the acquisition costs for Intersil, which Renesas acquired in February 2017, has not been completed at the end of the second quarter ended June 30, 2017. The foregoing consolidated forecasts have been provisionally calculated based on the available information. Consolidated results for the nine months ending September 30, 2017, are subject to change as a result of the completion of the allocation of the acquisition costs for Intersil.

The statements with respect to the financial outlook of the Group are forward-looking statements involving risks and uncertainties. The Company cautions you in advance that actual results may vary materially from such forward-looking statements due to several important factors.

Refer to Renesas Electronics’ earnings report “Renesas Electronics Reports Financial Results for the Second Quarter Ended June 30, 2017 (PDF: 537 KB)” issued on July 28, 2017, for more details.

 

For more information, visit www.renesas.com.

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