(Billion yen) |
||||
|
Three months ended September 30, 2024 |
Nine months ended September 30, 2024 |
||
Non-GAAP gross profit |
192.8 |
595.7 |
||
Non-GAAP gross margin |
55.9% |
56.4% |
||
Amortization of purchased intangible assets and depreciation of property, plant and equipment |
(0.2) |
(0.8) |
||
Stock-based compensation |
(0.8) |
(2.1) |
||
Other reconciliation items in non-recurring expenses and adjustments (Note 4) |
0.4 |
(2.4) |
||
IFRS gross profit |
192.2 |
590.6 |
||
IFRS gross margin |
55.7% |
55.9% |
||
|
|
|
||
Non-GAAP operating profit |
98.4 |
322.5 |
||
Non-GAAP operating margin |
28.5% |
30.5% |
||
Amortization of purchased intangible assets and depreciation of property, plant and equipment |
(28.7) |
(85.0) |
||
Stock-based compensation |
(10.0) |
(24.9) |
||
Other reconciliation items in non-recurring expenses and adjustments (Note 4) |
(2.4) |
(7.8) |
||
IFRS operating profit |
57.2 |
204.8 |
||
IFRS operating margin |
16.6% |
19.4% |
||
Note 1: |
|
All figures are rounded to the nearest 100 million yen. |
Note 2: |
|
Non-GAAP figures are calculated by removing or adjusting non-recurring items and other adjustments from GAAP (IFRS) figures following a certain set of rules. The Group believes Non-GAAP measures provide useful information in understanding and evaluating the Group’s constant business results. |
Note 3: |
|
Operating profit + Depreciation and amortization. |
Note 4: |
|
“Other reconciliation items in non-recurring expenses and adjustments” includes the non-recurring items related to acquisitions and other adjustments as well as non-recurring profits or losses the Group believes to be applicable. |
RENESAS ELECTRONICS CORPORATION |
|
| Consolidated Financial Results for the Third Quarter Ended September 30, 2024 |
|
| English translation from the original Japanese-language document |
|
|
|
|
| October 31, 2024 |
|
| 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 |
: Tomohiko Sato, Vice President, Investor Relations Tel. +81 (0)3-6773-3002 |
