Renesas Electronics Corp
TSE:6723

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Renesas Electronics Corp Logo
Renesas Electronics Corp
TSE:6723
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Price: 2 070.5 JPY -2.82% Market Closed
Market Cap: 3.9T JPY

Renesas Electronics Corp
Investor Relations

Renesas Electronics Corp., a pivotal player in the microcontroller and semiconductor realm, has firmly rooted its origins in the convergence of leading technology pioneers. Born out of the merger of NEC Electronics, Renesas Technology, and Intersil Corporation, this Japanese powerhouse operates at the intersection of innovation and practical application. Renesas harnesses its engineering expertise to develop cutting-edge microcontrollers, system-on-chip (SoC) solutions, and a variety of analog and power devices. The company's product portfolio is crucial across a spectrum of industries, including automotive, industrial automation, and broader consumer electronics, where reliable and efficient semiconductors are the backbone of technological advancement.

Renesas thrives on a robust business model that taps into the cyclical nature of the semiconductor industry while strategically positioning itself amidst burgeoning technological trends such as electric vehicles, smart homes, and IoT. The company earns revenue by selling its highly specialized and customized semiconductor solutions to original equipment manufacturers (OEMs) and contract manufacturers globally. Its focus on research and development ensures a steady flow of innovative products that meet the evolving needs of its clientele. By optimizing manufacturing processes and maintaining strategic relationships with key industry players, Renesas mitigates risks associated with supply chain constraints, enabling it to sustain profits and reinforce its standing as a leader in the electronics sector.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 30, 2025
AI Summary
Q3 2025

Revenue: Q3 revenue was JPY 334.2 billion, in line with expectations and slightly above forecast, driven by strong AI infrastructure and IIoT demand.

Margins: Gross margin improved to 57.6%, and operating margin rose to 30.9%, both higher than forecast due to better product mix and cost reductions.

Automotive Weakness: Automotive segment saw some decline due to inventory adjustments, especially in China, but certain products like 28nm MCUs are gradually increasing.

Channel Inventory: Channel inventory decreased in Q3 (down to 8.1 weeks) thanks to robust sell-through; further slight decreases are expected in Q4.

Guidance: Q4 revenue is guided at JPY 340 billion (up 1.7% QoQ), with gross margin expected to decline slightly to 57% and operating margin to 27.5%.

AI & Data Center: Demand for AI and data center-related products remains very strong, with notable share gains and order strength, especially in memory interface and PMIC.

Altium Integration: Altium's cost synergies and organic growth are progressing as planned, with annual recurring revenue up 15% YoY; transition to a cloud-based platform (Renesas 365) is underway.

Customer Behavior: No major signs of inventory buildup among customers yet, but continued close monitoring as supply-demand dynamics shift, especially for AI components.

Key Financials
Revenue
JPY 334.2 billion
Gross Margin
57.6%
Operating Profit
JPY 103.2 billion
Operating Margin
30.9%
Profit Attributable to Owners of Parent
JPY 88.2 billion
EBITDA
JPY 122.5 billion
Channel Inventory (Weeks of Inventory)
8.1 weeks
In-House Inventory (Days of Inventory)
111 days
Altium Annual Recurring Revenue
15% YoY increase
Earnings Call Recording
Other Earnings Calls

Management

Mr. Hidetoshi Shibata
President, CEO, Director & Representative Executive Officer
No Bio Available
Mr. Shuhei Shinkai
Executive VP & CFO
No Bio Available
Dr. Sailesh Chittipeddi Ph.D.
Executive VP & Head of Operations
No Bio Available
Mr. Chris Allexandre
Senior VP & GM of Power
No Bio Available
Mr. Vivek Bhan
Senior VP & GM of High Performance Computing
No Bio Available
Mr. Shinichi Yoshioka
Senior VP & CTO
No Bio Available
Mr. Yuya Hasegawa
Acting Chief Sales & Marketing Officer
No Bio Available
Ms. Julie D. Pope
Senior VP & Chief Human Resources Officer
No Bio Available
Mr. Kataoka Takeshi
Senior VP and Head of Engineering & Quality Assurance
No Bio Available
Mr. Eizaburo Shono
Senior VP and Head of Production & Technology Unit
No Bio Available

Contacts

Address
TOKYO-TO
Koto-ku
Toyosu Foresia, 3-2-24, Toyosu
Contacts
+81367733000.0
www.renesas.com