Renesas Electronics, Jan-Mar (1Q) Net Income Decreases by 67%

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Thu Apr 24, 2025 9:00 am JST Earnings

6723 Renesas Electronics Corporation 【IFRS】

Earnings Report

Renesas Electronics Corporation <6723> [TSE Prime] announced its financial results (based on IFRS) in the morning on April 24th (09:00). The consolidated net income for the first quarter of the fiscal year ending December 2025 (January to March) significantly dropped 67.4% from the same period last year to 26 billion yen.

In the most recent three-month period, from January to March (1Q), the operating profit margin sharply declined from 22.1% in the same period last year to 7.0%.

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Actual Results

Accumulated Results 1st Quarter

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Progress Rate vs. First Half	Announce	Accounting Standards
Jan - Mar, 2023	359,374	123,265	127,762	105,211	58.5	53.1	Apr 27, 2023	IFRS
Jan - Mar, 2024	351,790	77,836	91,752	79,866	44.9	55.3	Apr 25, 2024	IFRS
Jan - Mar, 2025	308,777	21,525	26,769	26,006	14.5	ー	Apr 24, 2025	IFRS
YoY	-12.2%	-72.3%	-70.8%	-67.4%	-67.8%

Current Period Guidance

H1 Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Jan - Jun, 2024	710,597	147,508	165,985	139,587	78.3	0	Jul 25, 2024	IFRS
Jan - Jun, 2025 Guidance	ー	ー	ー	ー	－	－	Feb 6, 2025	IFRS
YoY	－	－	－	－	－

Current Period Guidance

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Adj. Dividend	Announce	Accounting Standards
Dec, 2023	1,469,415	390,766	422,173	337,086	189.8	28	Feb 8, 2024	IFRS
Dec, 2024	1,348,479	222,977	263,833	219,084	122.5	28	Feb 6, 2025	IFRS
Dec, 2025 Guidance	ー	ー	ー	ー	－	－	Feb 6, 2025	IFRS
YoY	－	－	－	－	－

Quarterly Results

Fiscal Year	Revenue	Operating Profit	Ordinary Profit	Net Profit	Adj. EPS	Operating Profit Margin	Announce	Accounting Standards
Jan - Mar, 2024	351,790	77,836	91,752	79,866	44.9	22.1	Apr 25, 2024	IFRS
Apr - Jun, 2024	358,807	69,672	74,233	59,721	33.5	19.4	Jul 25, 2024	IFRS
Jul - Sep, 2024	345,282	57,286	72,612	60,674	34.0	16.6	Oct 31, 2024	IFRS
Oct - Dec, 2024	292,600	18,183	25,236	18,823	10.5	6.2	Feb 6, 2025	IFRS
Jan - Mar, 2025	308,777	21,525	26,769	26,006	14.5	7.0	Apr 24, 2025	IFRS
YoY	-12.2%	-72.3%	-70.8%	-67.4%	-67.8%