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Renesas Electronics ( (JP:6723) ) has issued an update.
Renesas Electronics Corporation announced a recorded loss of 235 billion yen due to a restructuring support agreement with Wolfspeed, following a Chapter 11 filing by Wolfspeed in the U.S. The loss has been accounted for in Renesas’ financial results for the second quarter of 2025, potentially impacting its financial performance and stakeholder interests.
The most recent analyst rating on (JP:6723) stock is a Buy with a Yen2700.00 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 leading global provider of microcontrollers and semiconductor solutions, specializing in embedded processing, analog, power, and connectivity. The company focuses on delivering comprehensive solutions for automotive, industrial, infrastructure, and IoT applications, aiming to enhance the way people work and live through technology.
Average Trading Volume: 13,927,824
Technical Sentiment Signal: Hold
Current Market Cap: Yen3356.9B
Find detailed analytics on 6723 stock on TipRanks’ Stock Analysis page.