TOKYO — (BUSINESS WIRE) — February 8, 2023 — Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results in accordance with IFRS for the year ended December 31, 2022.
Summary of Consolidated Financial Results (Note 1)
|
Year ended
|
|
|
Billion Yen |
% of Revenue |
Revenue |
1,500.9 |
100.0 |
Operating profit |
424.2 |
28.3 |
Profit attributable to owners of parent |
256.6 |
17.1 |
Capital expenditures (Note 2) |
216.4 |
|
Depreciation and amortization |
186.0 |
|
R&D expenses (Note 3) |
206.7 |
|
|
Yen |
|
Exchange rate (USD) |
130 |
|
Exchange rate (EUR) |
137 |
|
|
As of December 31, 2022 |
|
Billion Yen |
Total assets |
2,812.3 |
Total equity |
1,537.5 |
Equity attributable to owners of parent |
1,533.8 |
Equity ratio attributable to owners of parent (%) |
54.5 |
Interest-bearing liabilities |
770.0 |
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, 2022. However, the investments from Dialog Semiconductor Limited (hereinafter “Dialog”) and Celeno Communications Inc. (hereinafter “Celeno”) are listed as an input basis. |
Note 3: |
|
R&D expenses include capitalized R&D expenses recorded as intangible assets. |
Note 4: |
|
The allocation of the acquisition costs for the business combinations with Dialog and Celeno has been revised at the end of the three months ended March 31, 2022 and at the end of the three months ended June 30, 2022, respectively. These revisions to the allocation of the acquisition costs (PPA) have been reflected in the consolidated financial results for the year ended December 31, 2021 and for the three months ended March 31, 2022. |
RENESAS ELECTRONICS CORPORATION Consolidated Financial Results for the Year Ended December 31, 2022 English translation from the original Japanese-language document |
|
February 9, 2023 |
|
| Company name |
: Renesas Electronics Corporation |
| Stock exchanges on which the shares are listed |
: Tokyo Stock Exchange, Prime Market |
| Code number |
: 6723 |
| URL |
|
| Representative |
: Hidetoshi Shibata, President and CEO |
| Contact person |
: Fujiko Yamaguchi, Vice President, IR Office Tel. +81 (0)3-6773-3002 |
| Filing date of Yukashoken Hokokusho (scheduled) |
: March 30, 2023 |
