Renesas Reports Financial Results for the First Quarter Ended March 31, 2023

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
December 31, 2022

---

0.00

---

0.00

0.00

Year ending
December 31, 2023

---

 

 

 

 

Year ending

December 31, 2023 (forecast)

 

0.00

---

---

---

Note: Change in forecast of cash dividends since the most recently announced forecast: Yes

3. Forecast of consolidated results for the six months ending June 30, 2023

 

Non-GAAP

Revenue

Non-GAAP

Gross Margin

Non-GAAP

Operating Margin

 

Million yen

%

%

%pts

%

%pts

Six months ending June 30, 2023

712,166
to 727,166

(1.6)
to 0.5

55.8

(2.6)

33.3

(5.5)

Note 1:

The Group reports its consolidated forecast on a quarterly basis (cumulative quarters) as substitute for a yearly forecast in a range format. The non-GAAP gross margin and the non-GAAP operating margin forecasts are provided assuming the midpoint in the non-GAAP revenue forecast.

Note 2:

Non-GAAP figures are calculated by removing or adjusting non-recurring items and other adjustments from GAAP (IFRS) figures following a certain set of rules. The Group believes non-GAAP measures provide useful information in understanding and evaluating the Group’s constant business results, and therefore forecasts are provided on a non-GAAP basis.

4. Others

4.1

Changes in significant subsidiaries for the three months ended March 31, 2023: No
(Changes in specified subsidiaries resulting in changes in scope of consolidation)
 

4.2

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 4.2.1: No
3. Changes in accounting estimates: No
 

4.3

Number of shares issued and outstanding (common stock)

1. Number of shares issued and outstanding (including treasury stock)

As of March 31, 2023: 1,958,454,023 shares
As of December 31, 2022: 1,958,454,023 shares
 
2. Number of treasury stock
As of March 31, 2023: 158,896,378 shares
As of December 31, 2022: 161,488,167 shares
 

3. Average number of shares issued and outstanding

Three months ended March 31, 2023: 1,798,535,567 shares
Three months ended March 31, 2022: 1,944,641,915 shares

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