OREANDA-NEWS. Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the six months ended September 30, 2015.

Summary of Consolidated Financial Results

  Three months ended
September 30, 2015		 Six months ended
September 30, 2015
 
Net sales
Sales from semiconductors
Sales from others
Operating income
Ordinary income
Net income attributable to shareholders of parent company
Billion Yen % of Net Sales
181.4 100.0
177.0  
4.4  
30.7 16.9
33.8 18.6
27.5 15.2
Billion Yen % of Net Sales
360.7 100.0
351.5  
9.2  
63.1 17.5
67.1 18.6
57.4 15.9
Capital expenditures (Note 3)
Depreciation and others
R&D expenses
11.1  
15.5  
27.0  
30.7  
30.9  
46.7  
 
Exchange rate (USD)
Exchange rate (Euro)
Yen  
123  
137  
Yen  
122  
134  
  As of September 30, 2015
 
Total assets
Net assets
Equity capital
Equity ratio (%)
Interest-bearing debt
Billion Yen
866.4
360.4
358.2
41.3%
254.8
Note 1:
All figures are rounded to the nearest 100 million yen.
Note 2:
Consolidated financial results for the six months ended September 30, 2015 have not been reviewed by the auditors. The figures are subject to change based on subsequent events or the auditors' review.
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.

Forward-Looking Statements

The statements in this press release with respect to the plans, strategies and financial outlook of Renesas Electronics Corporation and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to several important factors 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.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723), the world's number one supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in approximately 20 countries worldwide.