Renesas Electronics Corporation (TYO: 6723)

Japan flag Japan · Delayed Price · Currency is JPY
2,089.50
-67.00 (-3.11%)
Sep 9, 2024, 3:15 PM JST
-14.28%
Market Cap 3.74T
Revenue (ttm) 1.45T
Net Income (ttm) 280.91B
Shares Out 1.79B
EPS (ttm) 155.36
PE Ratio 13.45
Forward PE 15.10
Dividend 28.00 (1.30%)
Ex-Dividend Date n/a
Volume 18,433,200
Open 1,956.50
Previous Close 2,156.50
Day's Range 1,949.50 - 2,098.00
52-Week Range 1,821.00 - 3,397.00
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About Renesas Electronics

Renesas Electronics Corporation researches, develops, designs, manufactures, sells, and services semiconductors in Japan, China, rest of Asia, Europe, North America, and internationally. The company operates through Automotive Business and Industrial/Infrastructure/IoT Business segments. It offers microcontrollers (MCUs) and microprocessors; amplifiers, audio and video, data converters, power line communication, and switches and multiplexer products; and specific clocks, clock distribution and generation, jitter attenuators with frequency trans... [Read more]

Industry Semiconductors
Sector Technology
Founded 2002
Employees 21,204
Stock Exchange Tokyo Stock Exchange
Ticker Symbol 6723
Full Company Profile

Financial Performance

In 2023, Renesas Electronics's revenue was 1.47 trillion, a decrease of -2.09% compared to the previous year's 1.50 trillion. Earnings were 337.09 billion, an increase of 31.35%.

Financial Statements

News

Renesas Launches Ultra Compact Sensor Module for Smart Air Quality Monitoring at Homes, Schools and Public Buildings

TOKYO--(BUSINESS WIRE)-- #AirQuality--Renesas introduced an advanced all-in-one sensor module designed for indoor air quality monitoring.

19 days ago - Business Wire

NXP Semiconductors Dips 12.2% in a Month: Should You Hold or Sell?

NXP Semiconductors ' (NASDAQ: NXPI) shares have lost 12.2% in a month against the industry, the Zacks Computer & Technology sector and the S&P 500 index's declines of 14.2%, 10% and 5.4%, respectivel...

25 days ago - Benzinga

Renesas Completes Acquisition of Altium

TOKYO & SAN DIEGO--(BUSINESS WIRE)-- #Altium--Renesas and Altium Limited today announced the successful completion of the acquisition of Altium by Renesas.

5 weeks ago - Business Wire

Renesas Electronics Corporation (RNECF) Q2 2024 Earnings Call Transcript

Renesas Electronics Corporation (OTCPK:RNECF) Q2 2024 Earnings Conference Call July 24, 2024 9:00 PM ET Company Participants Hidetoshi Shibata - Representative, President and Chief Executive Officer S...

6 weeks ago - Seeking Alpha

Renesas Announces Consolidated Forecasts

TOKYO--(BUSINESS WIRE)-- #Forecast--Renesas Electronics Corporation (TSE: 6723) today announced the consolidated financial forecasts for the nine months ending September 30, 2024.

6 weeks ago - Business Wire

Renesas Reports Financial Results for the Second Quarter Ended June 30, 2024

TOKYO--(BUSINESS WIRE)-- #Q2Earnings--Renesas Electronics Corp (TSE:6723) announced consolidated financial results in accordance with IFRS for the three and six months ended June 30, 2024.

6 weeks ago - Business Wire

Aizip Teams Up with Renesas to Demonstrate First-of-Its-Kind Ultra-Efficient Small Language Models (SLMs) and AI Agents for On-Device Arm-based Applications

CUPERTINO, Calif.--(BUSINESS WIRE)--Aizip and Renesas demonstrate first-of-its-kind ultra-efficient small language models (SLMs) and AI agents for on-device arm-based applications.

6 weeks ago - Business Wire

Renesas and Altium Announce the Conclusion of the Regulatory Review for Renesas' Proposed Acquisition of Altium

TOKYO & SAN DIEGO--(BUSINESS WIRE)-- #Altium--Renesas and Altium announced that the Committee on Foreign Investment in the United States completed their investigation of the proposed merger.

2 months ago - Business Wire

Renesas' R-Car Open Access Platform Accelerates Software-Defined Vehicle Development With Market-Ready Software

TOKYO--(BUSINESS WIRE)-- #Automotive--Renesas launched R-Car Open Access, a development platform for software-defined vehicles (SDVs).

2 months ago - Business Wire

Renesas and Indian Institute of Technology Hyderabad Sign Agreement to Accelerate India's Semiconductor Independence

TOKYO & HYDERABAD, India--(BUSINESS WIRE)-- #IITH--Renesas and the Indian Institute of Technology Hyderabad have signed an MOU for research and collaboration in VLSI and embedded semiconductor systems...

3 months ago - Business Wire

Renesas Announces Execution of Facilities Agreement for Altium Acquisition

TOKYO--(BUSINESS WIRE)-- #Acquisition--To provide a portion of the funds for the Acquisition of Altium, Renesas today entered into a loan agreement with a borrowing limit of 1 trillion yen.

3 months ago - Business Wire

MACRONIX ARMORFLASH DEMONSTRATED WITH RENESAS RA8M1 MCU

Highly Secure NOR Flash Memory Demonstrates its Outstanding Breakthrough for Protecting Data with World's First Arm Cortex-M85 Core-Based Microcontroller Featuring Built-In Security Hardware HSINCHU, ...

4 months ago - PRNewsWire

Red Hat Forges Open Source Collaboration with Renesas Around Software-Defined Vehicles

DENVER – RED HAT SUMMIT 2024--(BUSINESS WIRE)--Red Hat and Renesas Electronics Corporation are collaborating to build an open and flexible compute platform to help shape the future of SDVs.

4 months ago - Business Wire

Renesas Electronics Corporation (RNECF) Q1 2024 Earnings Call Transcript

Renesas Electronics Corporation (OTCPK:RNECF) Q1 2024 Earnings Conference Call April 24, 2024 9:00 PM ET Company Participants Hidetoshi Shibata - President and CEO Shuhei Shinkai - SVP and CFO Confere...

4 months ago - Seeking Alpha

Renesas Reports Financial Results for the First Quarter Ended March 31, 2024

TOKYO--(BUSINESS WIRE)-- #Earnings--Renesas Electronics Corporation (TSE:6723) announced consolidated financial results in accordance with IFRS for the three months ended March 31, 2024.

4 months ago - Business Wire

Renesas' New FemtoClock™ 3 Timing Solution Delivers Industry's Lowest Power and Leading Jitter Performance of 25fs-rms

TOKYO--(BUSINESS WIRE)-- #25fsRMS--Renesas' FemtoClock™ 3 clock generators/jitter attenuators deliver leading 25fs-rms jitter for wireline infrastructure and data center applications.

5 months ago - Business Wire

Renesas Commences Operations of Kofu Factory as Dedicated 300-mm Wafer Fab for Power Semiconductors

TOKYO--(BUSINESS WIRE)-- #EVs--Renesas started operations of the Kofu Factory in Japan to boost its production capacity of power semiconductors in response to growing EV demand.

5 months ago - Business Wire

Renesas Expands Quick Connect Studio with Real-Time Code Customization, Remote Debugging and Broad Portfolio of Supported Devices

TOKYO--(BUSINESS WIRE)-- #CloudBasedDesign--Renesas announced real-time code customization and remote debugging for its Quick-Connect Studio, a cloud-based embedded system design platform.

5 months ago - Business Wire

Renesas Introduces New Entry-Level RA0 MCU Series with Best-in-Class Power Consumption

TOKYO--(BUSINESS WIRE)-- #LowPower--Renesas introduced the RA0 MCU Series based on the Arm® Cortex®-M23 processor. The new, low-cost devices offer best-in-class power consumption.

5 months ago - Business Wire

Renesas Introduces Industry's First General-Purpose 32-bit RISC-V MCUs with Internally Developed CPU Core

TOKYO--(BUSINESS WIRE)-- #Renesas--Renesas announced the industry's first general-purpose 32-bit RISC-V-based MCUs built with an internally developed CPU core.

5 months ago - Business Wire

New Renesas MCUs with High-Resolution Analog and Over-the-Air Update Support Help Customer Systems Conserve Energy

TOKYO--(BUSINESS WIRE)-- #EnergyManagement--Renesas' new, low-power RA2A2 MCUs offer a 24-bit ADC and make it easy to implement firmware over-the-air (FOTA) updates for smart energy management.

6 months ago - Business Wire

CG Power and Industrial Solutions Limited, Renesas, and Stars Microelectronics, to Jointly Build Outsourced Semiconductor Assembly and Test Facility in India

MUMBAI, India & TOKYO & AYUTTHAYA, Thailand--(BUSINESS WIRE)-- #India--CG Power and Industrial Solutions Limited, Renesas and Stars Microelectronics announced the approval of their joint venture OSAT ...

6 months ago - Business Wire

Renesas Unveils Powerful Single-Chip RZ/V2H MPU for Next-Gen Robotics with Vision AI and Real-Time Control

TOKYO--(BUSINESS WIRE)-- #AI--Renesas expanded its popular RZ Family of MPUs with a new device targeting high-performance robotics applications.

6 months ago - Business Wire

Renesas Develops New AI Accelerator for Lightweight AI Models and Embedded Processor Technology to Enable Real-Time Processing

TOKYO--(BUSINESS WIRE)-- #AdvancedVisionAI--Renesas announced embedded processor technology that enables higher speeds and lower power consumption in MPUs that realize advanced vision AI.

7 months ago - Business Wire