Renesas Delivers Profit Surge and Higher Margins in First Quarter 2026

Renesas Electronics ( (JP:6723) ) has shared an update.

Renesas Electronics reported a strong rebound in the first quarter ended March 31, 2026, with revenue climbing 23.2% year-on-year to ¥380.3 billion and operating profit surging more than fourfold to ¥90.6 billion, as profitability recovered from last year’s slump. Profit attributable to owners of the parent rose 162.1% to ¥68.1 billion, boosting basic earnings per share to ¥37.57 and lifting the equity ratio to 60.1%, while total equity increased to ¥2.55 trillion.

The chipmaker maintained a conservative stance on shareholder returns with no first-quarter dividend declared for 2026 after paying ¥28 per share in 2025, but guided for continued top-line growth with non-GAAP revenue for the first half forecast at ¥752.8 billion to ¥767.8 billion, up roughly 19% to 21%. The outlook assumes a solid improvement in non-GAAP gross and operating margins, signaling that Renesas expects sustained demand and operating leverage, which could further strengthen its balance sheet and underpin its competitive position in key automotive and industrial segments.

The most recent analyst rating on (JP:6723) stock is a Buy with a Yen3300.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.

More about Renesas Electronics

Renesas Electronics Corporation is a Japan-based semiconductor manufacturer listed on the Tokyo Stock Exchange Prime Market. The company supplies microcontrollers, analog, power and SoC products that serve automotive, industrial, infrastructure and IoT markets, positioning it as a key global provider of embedded solutions across cyclical chip demand cycles.

Average Trading Volume: 12,177,893

Technical Sentiment Signal: Buy

Current Market Cap: Yen5471.6B

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