TOKYO — (BUSINESS WIRE) — August 9, 2016 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the three months ended June 30, 2016.
Summary of Consolidated Financial Results
Three months ended
June 30, 2016
|Billion Yen||% of Net Sales|
|Sales from semiconductors||147.5|
|Sales from others||4.4|
|Net income attributable to shareholders of parent company||10.0||6.6|
|Depreciation and others||14.5|
|Exchange rate (USD)||111|
|Exchange rate (Euro)||124|
|As of June 30, 2016|
|Equity ratio (%)||45.4%|
|Note 1:||All figures are rounded to the nearest 100 million yen.|
|Note 2:||Consolidated financial results for the three months ended June 30, 2016 have been reviewed by the auditors.|
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 will change from March 31 to December 31 starting from the fiscal year 2016. The current fiscal year (fiscal year ending December 31, 2016) in which the transition to the new accounting period is to take place, will comprise the financial results for the nine months from April 1, 2016, to December 31, 2016.
Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment) and intangible assets.
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 First Quarter Ended June 30, 2016
|English translation from the original Japanese-language document|
August 10, 2016
: Renesas Electronics Corporation
|Stock exchanges on which the shares are listed||: Tokyo Stock Exchange, First Section|
: Bunsei Kure, Representative Director,
: Yoichi Kobayashi, Department Manager
|Filing date of Shihanki Hokokusho (scheduled)||: August 10, 2016|
|(Amounts are rounded to the nearest million yen)|