Renesas Electronics Reaches a Definitive Agreement to Transfer its Subsidiaries’ Back-End Facilities and Others to J-Devices

* After March 31, 2012, the splitting companies had 7 billion yen of fixed liability of which Renesas becomes the creditor. 7 billion of fixed liability has the equivalent effect as the future payment for the transferred company.

4. Status of the Splitting Companies and the Successor Company Following the Corporate Split

(1) Status of the Splitting Companies
There will be no changes to company names, major operations, capital and fiscal terms of the splitting companies (Renesas Northern Japan, SKS, Renesas Kyushu and Hokkai Electronics) following the corporate split. Representatives and locations of the companies are subject to change.

(2) Status of the Successor Company (Planned to be Established in April 2013)

Company Name*1 Renesas J Semiconductor Corporation
Location*1 2-6-2, Ote-machi, Chiyoda-ku, Tokyo 100-0004, Japan
Representative Akira Furuki, Representative Director and President
Major Operations Research, development, design, manufacture and sale of electronic products
Capital*2 301 million yen
Fiscal Term March 31
Net Asset Not fixed yet at the moment
Total Asset Not fixed yet at the moment
Note 1: The successor company’s name and location will be changed on the effective date of the transfer. (The name is scheduled to change to J-Devices Semiconductor Corporation.)
Note 2: The successor company’s capital will be increased by 300 million yen following the corporate split.

5. Financial Outlook

The splitting companies and the successor company in absorption-type split are wholly owned subsidiaries of Renesas, thereby there will be no impact to Renesas’ consolidated financial results.


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »



Review Article Be the first to review this article
Featured Video
Editorial
More Editorial  
Upcoming Events
MPSoc Forum 2017 - July 2 - 7, 2017, Les Tresoms Hotel, Annecy, France at Les Tresoms Hotel Annecy France - Jul 2 - 7, 2017
SEMICON West 2017 at Moscone Center San Francisco CA - Jul 11 - 13, 2017
11th International Conference on Verification and Evaluation of Computer and Communication Systems at 1455 DeMaisonneuve W. EV05.139 Montreal Quebec Canada - Aug 24 - 25, 2017
DVCon India 2017, Sept 14 - 15, 2017 at The Leela Palace Bengalore India - Sep 14 - 15, 2017
S2C: FPGA Base prototyping- Download white paper



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy