Renesas Electronics Group plans to implement 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 change is subject to approval of “a partial amendment to its Articles of Incorporation” at the 14th Ordinary General Shareholders’ Meeting to be held on June 28, 2016.

The same change in the fiscal term will be applied to the consolidated subsidiaries of Renesas Group, with some exceptions. 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.

Renesas Electronics reports its consolidated forecast on a quarterly basis as substitute for a yearly forecast. However, due to impacts of the Kumamoto Earthquake that occurred after April 14, 2016, it is difficult to disclose the forecast of consolidated results for the three months ending June 30, 2016 at the time of the issuance of this earnings report. For details, please refer to Appendix 1.1.2., “Consolidated Forecasts” on page 4.

4. Others

4.1 Changes in significant subsidiaries for the year ended March 31, 2016

(Changes in specified subsidiaries resulting in changes in scope of consolidation): No

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: Yes

2. Changes in accounting policies except for 4.2.1: No

3. Changes in accounting estimates: No

4. Corrections of prior period errors: 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, 2016: 1,667,124,490 shares

As of March 31, 2015: 1,667,124,490 shares

2. Number of treasury stock

As of March 31, 2016: 2,581 shares

As of March 31, 2015: 2,548 shares

3. Average number of shares issued and outstanding

For the year ended March 31, 2016: 1,667,121,924 shares

For the year ended March 31, 2015: 1,667,121,942 shares

(Reference) Non-consolidated results for the year ended March 31, 2016

Non-consolidated financial results
		(% of change from corresponding period of the previous year)
		Net sales				Operating income				Ordinary income				Net income
		Million yen		%		Million yen		%		Million yen		%		Million yen		%
Year ended March 31, 2016		651,022		(9.4)		93,020		25.4		88,258		22.5		65,555		(22.5)
Year ended March 31, 2015		718,784		(2.6)		74,155		231.3		72,070		363.4		84,617		--

		Net income per share: basic		Net income per share: diluted
		Yen		Yen
Year ended March 31, 2016		39.32		--
Year ended March 31, 2015		50.76		--

Non-consolidated financial position
		Total assets		Net assets		Equity ratio		Net assets per share
		Million yen		Million yen		%		Yen
March 31, 2016		798,625		282,617		35.4		169.52
March 31, 2015		768,804		217,255		28.3		130.32
Reference:		Equity at the end of the year ended March 31, 2016: 282,617 million yen
		Equity at the end of the year ended March 31, 2015: 217,255 million yen

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