TOKYO — (BUSINESS WIRE) — February 5, 2014 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the three months and nine months ended December 31, 2013.

Summary of Consolidated Financial Results

		Three months ended				Nine months ended
		December 31, 2013				December 31, 2013
		Billion Yen		% of Net Sales		Billion Yen		% of Net Sales
Net sales		215.6		100.0		632.5		100.0
Sales from semiconductors		207.6				605.0
Sales from others		8.0				27.5
Operating income (loss)		30.0		13.9		50.7		8.0
Ordinary income (loss)		29.3		13.6		43.2		6.8
Net income (loss)		23.0		10.7		10.2		1.6
Capital expenditures		6.7				26.0
Depreciation and others		18.5				56.9
R&D expenses		24.8				89.2
		Yen				Yen
Exchange rate (USD)		99				98
Exchange rate (Euro)		134				130
		As of December 31, 2013
		Billion Yen
Total assets		795.8
Net assets		252.2
Equity Capital		240.4
Equity ratio (%)		30.2
Interest-bearing debt		280.9

Note 1:		All figures are rounded to the nearest 100 million yen.
Note 2:		Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment).
Note 3:		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 Third Quarter Ended December 31, 2013

English translation from the original Japanese-language document

February 6, 2014

	Company name						: Renesas Electronics Corporation
	Stock exchanges on which the shares are listed						: Tokyo Stock Exchange, First Section
	Code number						: 6723
	URL						: http://www.renesas.com
	Representative						: Hisao Sakuta, Representative Director,
							Chairman and CEO
	Contact person						: Taizo Endo, Executive Manager
							Corporate Communications Dept
							Tel. +81 (0)3-6756-5552
	Filing date of Shihanki Hokokusho (scheduled)						: February 6, 2014
							(Amounts are rounded to the nearest million yen)

1. Consolidated financial results for the nine months ended December 31, 2013

1.1 Consolidated operating results						(% of change from corresponding period of the previous year)
		Net sales				Operating income (loss)					Ordinary income (loss)					Net income (loss)
		Million yen		%		Million yen			%		Million yen			%		Million yen			%
Nine months ended December 31, 2013		632,508		5.3		50,667			---		43,244			---		10,171			---
Nine months ended December 31, 2012		600,398		(10.8)		(31,240)			---		(35,535)			---		(161,722)			---

Reference:		Comprehensive income for the nine months ended December 31, 2013:			27,539 million yen
		Comprehensive income for the nine months ended December 31, 2012:			(153,083) million yen

		Net income (loss)		Net income (loss)
		per share basic		per share diluted
		Yen		Yen
Nine months ended December 31, 2013		12.11		---
Nine months ended December 31, 2012		(387.71)		---

1.2 Consolidated financial condition
		Total assets		Net assets		Equity ratio
		Million yen		Million yen		%
December 31, 2013		795,802		252,245		30.2
March 31, 2013		669,104		77,924		10.0

Reference:		Equity as of December 31, 2013:		240,365 million yen
		Equity as of March 31, 2013:		66,744 million yen

2. Cash dividends

		Cash dividends per share
		At the end of first quarter		At the end of second quarter		At the end of third quarter		At the end of year		Total
		Yen		Yen		Yen		Yen		Yen
Year ended March 31, 2013		---		0.00		---		0.00		0.00
Year ending March 31, 2014		---		0.00		---
Year ending March 31, 2014 (forecast)								0.00		0.00

Note:		Change in forecast of cash dividends since the most recently announced forecast:		Yes
		For details, please refer to page 7.

3. Forecast of consolidated results for the year ending March 31, 2014

(% of change from corresponding period of the previous year)
		Net sales				Operating income (loss)				Ordinary income (loss)				Net income (loss)				Net income (loss) per share
		Million yen		%		Million yen		%		Million yen		%		Million yen		%		Yen		%
Year ending March 31, 2014		822,500		4.7		54,700		--		44,200		--		(21,800)		--		(20.88)		--

Note:		Change in forecast of consolidated financial results since the most recently announced forecast:		Yes
		For details, please refer to page 7.

4. Others

4.1		Changes in significant subsidiaries for the nine months ended December 31, 2013
		(Changes in specified subsidiaries resulting in changes in scope of consolidation):		Yes
		(Note) For details, please refer to page 7.

4.2		Adoption of special accounting policies for quarterly financial statements:		Yes
		(Note) For details, please refer to page 7.

4.3		Changes in Accounting Policies, Changes in Accounting Estimates and Corrections of Prior Period Errors
		1. Changes in accounting policies with revision of accounting standard: No
		2. Changes in accounting policies except for 4.3.1: No
		3. Changes in accounting estimates: No
		4. Corrections of prior period errors: No

4.4		Number of shares issued and outstanding (common stock)
		1. Number of shares issued and outstanding (including treasury stock)
				As of December 31, 2013:		1,667,124,490 shares
				As of March 31, 2013:		417,124,490 shares

2.		Number of treasury stock
				As of December 31, 2013:		2,548 shares
				As of March 31, 2013:		2,548 shares

3.		Average number of shares issued and outstanding
				For the nine months ended December 31, 2013:		839,849,215 shares
				For the nine months ended December 31, 2012:		417,121,942 shares

(Note) Information regarding the implementation of quarterly review procedures
These quarterly financial results are not subject to quarterly review procedures based upon the Financial Instruments and Exchange Act. The review procedures for the quarterly financial report have been completed by the time of issuance of this report.

Cautionary Statement

The statements with respect to the financial outlook of Renesas Electronics Corporation (hereafter “the Company”) and its consolidated subsidiaries 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 changes in several important factors.

The Renesas Electronics Corporation and its consolidated subsidiaries (hereafter “the Group”) will hold a quarterly earnings conference for institutional investors and analysts on February 6, 2014. The Group plans to post the materials which are provided at the meeting, on the Group’s homepage on that day.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE:6723), the world’s number one supplier of microcontrollers, is a premiere supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad-range of analog and power devices. Business operations began as Renesas Electronics Corporation 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 Corporation has subsidiaries in approximately 20 countries worldwide. More information can be found at www.renesas.com.

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Renesas Electronics Corporation
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