FY2026 Q1 Financial Summary [IFRS] (Consolidated)

Performance Overview

In the first quarter of FY2026, Renesas Electronics Corporation recorded revenue of JPY 380,293 million, representing a 23.2% increase year-over-year. Operating income substantially increased by 320.7% YoY to JPY 90,564 million, and net income attributable to owners of parent rose 162.1% YoY to JPY 68,149 million. By segment, the automotive business achieved revenue of JPY 171.7 billion (10.6% YoY increase) and operating income of JPY 61.8 billion (33.8% YoY increase), while the industrial, infrastructure & IoT business posted revenue of JPY 199.0 billion (32.0% YoY increase) and operating income of JPY 64.2 billion (99.4% YoY increase), both showing solid performance. On a Non-GAAP basis, revenue increased by 20.6% YoY to JPY 372.3 billion and operating income rose 49.6% YoY to JPY 125.4 billion, reflecting growth in both top and bottom lines.

Financial Condition and Cash Flow Status

Total assets increased by JPY 50.2 billion from the end of the previous period to JPY 4,227.4 billion, and the equity ratio attributable to owners of parent improved to 60.1%. Interest-bearing debt decreased by JPY 23.3 billion to JPY 1,203.5 billion, resulting in a debt-to-equity ratio of 0.47x. Cash flows from operating activities generated an inflow of JPY 84.8 billion, investing activities recorded an outflow of JPY 37.8 billion, producing a free cash flow inflow of JPY 47.0 billion. Financing activities resulted in an outflow of JPY 84.8 billion, primarily due to dividend payments and debt repayments. The annual dividend forecast remains unchanged at JPY 28 per share.