Renesas Electronics Reports Financial Results for the First Quarter Ended June 30, 2015

Renesas Electronics Corporation (TSE:6723) today announced consolidated financial results for the three months ended June 30, 2015.

Summary of Consolidated Financial Results

	Three months ended June 30, 2015
Net sales Sales from semiconductors Sales from others Operating income (loss) Ordinary income (loss) Net income attributable to shareholders of parent company	Billion Yen % of Net Sales 179.3 100.0 174.5 4.8 32.4 18.0 33.4 18.6 29.9 16.7
Capital expenditures Depreciation and others R&D expenses	19.6 15.4 19.7
Exchange rate (USD) Exchange rate (Euro)	Yen 120 131

	As of June 30, 2015
Total assets Net assets Equity capital Equity ratio (%) Interest-bearing debt	Billion Yen 851.8 344.7 342.4 40.2 259.4

Note 1:

All figures are rounded to the nearest 100 million yen.

Note 2:

Consolidated financial results for the three months ended June 30, 2015 have not been reviewed by the auditors. The figures are subject to change based on subsequent events or the auditors' review.

Note 3:

Due to the amendments of “Accounting Standard for Business Combinations” and so forth, Renesas Electronics Group has changed the presentation of “Net income” into “Net income attributable to shareholders of parent company” from the first quarter ended June 30, 2015.

Note 4:

Capital expenditures refer to the amount of order placed for property, plant and equipment (manufacturing equipment).

Note 5:

Depreciation and others includes depreciation and amortization of intangible assets and amortization of long-term prepaid expenses in quarterly consolidated statements of cash flows.

Forward-Looking Statements

The statements in this press release with respect to the plans, strategies and financial outlook of Renesas Electronics Corporation and its consolidated subsidiaries (collectively “we”) 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 several important factors including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723), the world's number one supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad range of analog and power devices. Business operations began as Renesas Electronics 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 has subsidiaries in approximately 20 countries worldwide.

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