Renesas Electronics Reports Financial Results for the First Quarter Ended June 30, 2016

3. Forecast of consolidated results for the six months ending September 30, 2016 (% of change from corresponding period of the previous year)

        Net sales     Operating income     Ordinary income    

Net income
attributable to
shareholders of
parent company

   

Net
income
per share

Million yen

  % Million yen   % Million yen   % Million yen   % yen

Six months ending September 30, 2016

301.000   (16.6) 26.000   (58.8) 23.000   (65.7) 11.500   (80.0) 6.90
 
Note:     Change in forecast of consolidated results since the most recently announced forecast: Yes

At the 14th Ordinary General Shareholders’ Meeting held on June 28, 2016, a partial amendment to the Articles of Incorporation was approved and Renesas Electronics Group implemented a change of the fiscal term in which the fiscal year-end will change from March 31 to December 31 starting from the fiscal year 2016. The current fiscal year (fiscal year ending December 31, 2016) in which the transition to the new accounting period is to take place, will comprise the financial results for the nine months from April 1, 2016, to December 31, 2016.

 

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