Renesas Reports Financial Results for the Year Ended December 31, 2021

TOKYO — (BUSINESS WIRE) — February 8, 2022 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the year ended December 31, 2021.

Summary of Consolidated Financial Results (Note 1)

 

Year ended
December 31, 2021

 

Billion Yen

 

% of Revenue

Revenue

994.4

 

100.0

Operating profit

183.6

 

18.5

Profit attributable to owners of parent

127.3

 

12.8

Capital expenditures (Note 2)

88.0

 

 

Depreciation and others (Note 3)

136.5

 

 

R&D expenses (Note 4)

156.3

 

 

 

Yen

 

 

Exchange rate (USD)

109

 

 

Exchange rate (EUR)

130

 

 

 

As of December 31, 2021

 

Billion Yen

Total assets

2,406.2

Total equity

1,161.5

Equity attributable to owners of parent

1,158.1

Equity ratio attributable to owners of parent (%)

48.1

Interest-bearing liabilities

830.9

Note 1:

All figures are rounded to the nearest 100 million yen.

Note 2:

Capital expenditures refer to the amount of capital for property, plant and equipment (manufacturing equipment) and intangible assets based on the amount of investment decisions made during the year ended December 31, 2021. However, the investments from the former Dialog Semiconductors Plc (hereinafter Dialog) are listed as an input basis.

Note 3:

Depreciation and others includes depreciation of property, plant and equipment, amortization of intangible assets and amortization of long-term prepaid expenses in consolidated statements of cash flows.

Note 4:

R&D expenses includes capitalized R&D expenses recorded as intangible assets.

RENESAS ELECTRONICS CORPORATION

Consolidated Financial Results for the Year Ended December 31, 2021

English translation from the original Japanese-language document

February 9, 2022

Company name

: Renesas Electronics Corporation

Stock exchanges on which the shares are listed

: Tokyo Stock Exchange, First Section

Code number

: 6723

URL

: https://www.renesas.com

Representative

: Hidetoshi Shibata, President and CEO

Contact person

: Masayuki Nagayama, Vice President, CEO Office

Tel. +81 (0)3-6773-3002

Filing date of Yukashoken Hokokusho (scheduled)

: March 30, 2022

(Amounts are rounded to the nearest million yen)

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