4.1 Changes in significant subsidiaries for the three-month period ended
March 31, 2017: Yes
(Note) For details, please refer to page 6.
4.2 Adoption of special accounting policies for quarterly financial
statements: Yes
(Note) For details, please refer to page 13.
4.3 Changes in Accounting Policies, Changes in Accounting Estimates and Corrections of Prior Period Errors
1. Changes in accounting policies with revision of accounting standard:
No
2. Changes in accounting policies except for 4.3.1: No
3.
Changes in accounting estimates: No
4. Corrections of prior period
errors: No
4.4 Number of shares issued and outstanding (common stock)
1. Number of shares issued and outstanding (including treasury stock)
As
of March 31, 2017: 1,667,124,490 shares
As of December 31, 2016:
1,667,124,490 shares
2. Number of treasury stock
As of March 31, 2017: 2,581 shares
As
of December 31, 2016: 2,581 shares
3. Average number of shares issued and outstanding
For the
three-month period ended March 31, 2017: 1,667,121,909 shares
For
the three-month period ended June 30, 2016: 1,667,121,909 shares
(Note) Information regarding the implementation of quarterly review
procedures
These quarterly financial results are not subject to
quarterly review procedures based upon the Financial Instruments and
Exchange Act. The review procedures for the quarterly financial report
have been completed by the time of issuance of this report.
Cautionary Statement |
The statements with respect to the financial outlook of Renesas Electronics Corporation (hereafter “the Company”) and its consolidated subsidiaries (hereafter “the Group”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to changes in several important factors. |
The Group will hold a quarterly earnings conference for institutional investors and analysts on May 12, 2017. The Group plans to post the materials which are provided at the meeting, on the Group’s website on that day. |
Forward-Looking Statements
The statements in this press release with respect to the plans, strategies and financial outlook of Renesas Electronics Corporation and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to several important factors including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast.
About Renesas Electronics Corporation
Renesas Electronics Corporation ( TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live—securely and safely. The number one global supplier of microcontrollers, and a leader in Analog & Power and SoC products, Renesas provides the expertise, quality, and comprehensive solutions for a broad range of Automotive, Industrial, Home Electronics (HE), Office Automation (OA) and Information Communication Technology (ICT) applications to help shape a limitless future. Learn more at renesas.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170511006586/en/
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