4.1 Changes in significant subsidiaries for the nine months ended September 30, 2020: Yes |
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(Changes in specified subsidiaries resulting in changes in scope of consolidation) |
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(Note) For details, please refer to page 16. |
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4.2 Changes in Accounting Policies, Changes in Accounting Estimates and Corrections of Prior Period Errors |
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1. Changes in accounting policies with revision of accounting standard: No |
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2. Changes in accounting policies except for 4.2.1: Yes |
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3. Changes in accounting estimates: No |
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4.3 Number of shares issued and outstanding (common stock) |
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1. Number of shares issued and outstanding (including treasury stock) |
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As of September 30, 2020: |
1,723,201,290 shares |
As of December 31, 2019: |
1,710,276,790 shares |
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2. Number of treasury stock |
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As of September 30, 2020: |
2,581 shares |
As of December 31, 2019: |
2,581 shares |
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3. Average number of shares issued and outstanding |
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Nine months ended September 30, 2020: |
1,716,107,309 shares |
Nine months ended September 30, 2019: |
1,689,257,809 shares |
(Note) Information regarding the implementation of audit procedures. |
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These financial results are not subject to quarterly review procedures by the independent auditor. |
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Cautionary Statement |
The Group will hold a quarterly earnings conference for institutional investors and analysts on October 29, 2020. The Group plans to post the materials which are provided at the meeting, on the Group’s website on that day. |
The statements with respect to the financial outlook of Renesas Electronics Corporation (hereinafter “the Company”) and its consolidated subsidiaries (hereinafter “the Group”) 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 changes in several important factors. |
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) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live—securely and safely. A global leader in microcontrollers, analog, power, and SoC products and integrated platforms, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics, Office Automation and Information Communication Technology applications to help shape a limitless future. Learn more at renesas.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20201028006318/en/
Contact:
Media Contacts
Kyoko Okamoto
Renesas Electronics Corporation
+81 3-6773-3001
pr@renesas.com
Investor Contacts
Shigeo Muto
Renesas Electronics Corporation
+81 3-6773-3002
ir@renesas.com
