#RenesasElectronics

Renesas Electronics will transfer its timing business to SiTime Corporation for approximately USD 3.0 billion (about JPY 468 billion), with completion expected by the end of 2026. The transfer is expected to record a one-time gain of approximately USD 1.5 billion (about JPY 234 billion).

For the fiscal year ending December 2025, revenue amounted to 1,321.2 billion yen (2.0% decrease YoY), and net income attributable to owners of the parent was a loss of 51.763 billion yen (decrease of 270.8 billion yen YoY).

The Non-GAAP revenue forecast for Q1 FY2026 is expected to be between JPY 367.5 billion and JPY 382.5 billion, with a gross profit margin of 58.5% and an operating income margin of 32.0%, exceeding the previous fiscal year results.

For the full fiscal year ending December 2025, revenue was ¥1,318.5 billion (YoY -2.2%), operating income was ¥386.9 billion (YoY -¥11.0 billion), and net income attributable to owners of parent was ¥329.3 billion (YoY -¥31.1 billion).

The company is in discussions regarding the media reports about the sale of the Timing Business to SiTime Corporation; however, no decisions have been made at this time, and if there are any facts to disclose in the future, the company will promptly publish them.

The final repayment date of the syndicated loan agreement and the JBIC loan agreement has been changed from the end of December 2026 to December 30, 2025.