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).<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6723","jir_company_name":"Renesas Electronics Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-05","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/6723-20260205-01.pdf","jir_short_summary":"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).","jir_summary":"### Background and Purpose of the Transfer\nAs part of its medium- to long-term growth strategy, Renesas Electronics has decided to transfer its timing business to SiTime Corporation. The transferred business unit has enjoyed high market evaluations for many years, and by leveraging SiTime's cutting-edge MEMS timing technology, it will enable the provision of more advanced products to customers. At the time of transfer, both companies will enter into a memorandum of partnership to explore developing new solutions through silicon-level integration of embedded compute technology and MEMS timing technology.\n\n### Overview of the Transfer and Future Outlook\nThe business to be transferred is the timing business acquired from Integrated Device Technology, Inc. in 2019. For the fiscal year ending December 2024, sales were JPY 30,414 million and operating income was JPY 15,841 million. The transfer price is USD 3,000 million (approximately JPY 468 billion), to be settled by USD 1,500 million in cash and 4.13 million shares of SiTime. The transfer is scheduled to be completed by the end of 2026, with an expected one-time gain of approximately USD 1.5 billion (about JPY 234 billion) to be recorded in the same fiscal year\u2019s consolidated financial statements. The exact timing and amount of the gain will be confirmed after consultation with the audit firm.","jir_financial_highlights":"Transfer Price: USD 3,000 million (approx. JPY 468 billion) (Unknown)\nTransferred Business Revenue (FY ending December 2024): JPY 30,414 million (USD 201.4 million) (2.26% of consolidated revenue)\nTransferred Business Operating Income (FY ending December 2024): JPY 15,841 million (USD 104.9 million) (7.10% of consolidated operating income)\nExpected One-time Gain (FY ending December 2026): Approximately USD 1.5 billion (approx. JPY 234 billion) (Unknown)\nExpected Transfer Completion Date: Scheduled to be completed by the end of 2026 (Unknown)","jir_category":"","jir_hashtags":"#RenesasElectronics, #BusinessTransfer, #MandA, #JapaneseStocks","jir_key_figures":"Transfer Price: USD 3,000 million (approx. JPY 468 billion)\nTransferred Business Revenue (FY ending December 2024): JPY 30,414 million (USD 201.4 million)\nTransferred Business Operating Income (FY ending December 2024): JPY 15,841 million (USD 104.9 million)\nExpected One-time Gain (FY ending December 2026): Approximately USD 1.5 billion (approx. JPY 234 billion)\nExpected Transfer Completion Date: Scheduled to be completed by the end of 2026","jir_meta_title":"Renesas to Transfer Timing Business to SiTime for Approximately JPY 468 Billion, Completion Scheduled by End of 2026","jir_meta_description":"Renesas Electronics announced it will transfer its timing business to SiTime Corporation for USD 3,000 million (approx. JPY 468 billion), expecting to record a one-time gain of about USD 1.5 billion in the fiscal year ending December 2026.","jir_og_title":"Renesas to Transfer Timing Business to SiTime (Approx. JPY 468 Billion)","jir_og_description":"Renesas Electronics plans to transfer its timing business to SiTime, with completion expected by the end of 2026 and a one-time gain of about JPY 234 billion anticipated.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":6885,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-24142","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n