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Renesas Electronics Corporation (JP:6723)
:6723
Japanese Market
6723
Renesas Electronics
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Renesas Electronics (6723) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Jul 23, 2026
TBA (Confirmed)
Period Ending
2026 (Q2)
Consensus EPS Forecast
58.31
Last Year’s EPS
-111.82
Same Quarter Last Year
Analyst Consensus
Strong Buy
Based on 10 Analysts Ratings

Earnings Call Summary

Q1 2026
Earnings Call Date:Apr 24, 2026|
% Change Since:
|
Earnings Call Sentiment|Neutral
The call presents a mix of strong demand and execution positives (Q1 beat vs guidance, rising utilization, product ramps such as R‑Car Gen4, AI/data center demand, and a significant CapEx plan) tempered by meaningful near‑term constraints and margin pressure (supply disruptions from Taiwan earthquake, tester/wafer bottlenecks, Q2 gross and operating margin declines driven by FX, mix and higher manufacturing and labor costs). Management is constructive on demand and is investing to expand capacity, but several near‑term operational and cost headwinds balance the upbeat demand outlook.
Company Guidance
Renesas guided Q2 revenue at a JPY 388.0 billion midpoint with gross margin 57.0% and operating margin 29.0% (FX assumptions JPY156/USD, JPY180/EUR); on a pro‑forma basis management expects Q‑on‑Q revenue +5.1% (+5.0% ex‑FX) but a gross‑margin decline of ~2.1 percentage points and an operating‑margin decline of ~4.5 percentage points. For context Q1 non‑GAAP results were revenue JPY372.3B (pro‑forma JPY369.1B), gross margin 59.2% (pro‑forma 59.1%), operating profit JPY125.4B (pro‑forma JPY123.7B), operating margin 33.7% (pro‑forma 33.5%), EBITDA JPY146.2B and net profit JPY102.9B (Q1 FX: JPY156/USD, JPY183/EUR). Operational guidance: front‑end wafer‑input utilization ~55% in Q1 (up ~6 points QoQ) and expected flat‑to‑slight increase in Q2; in‑house DOI target 150 days; channel inventory to be further built (WOI for automotive/IIoT expected to fall). CapEx decision = JPY94.0B (≈80% for capacity ≈JPY77B; ~50% to Kofu, >20% Naka, ~15% Saijo), with Kofu production targeted FY2028. Management flagged ~2 percentage‑point net OpEx headwind in Q2 (OpEx run‑rate ≈JPY100B+), manufacturing‑cost and FX pressure as drivers, and noted supply bottlenecks (testers/wafers) that could limit or, if resolved, add upside.
Q1 Revenue and Profit Beat vs Forecast
Pro forma Q1 revenue (excluding divested timing business) ~JPY 369.1–372.3 billion, above company guidance by ~1.4%; gross margin ~59.1–59.2%, above forecast by ~1.1 percentage points; operating profit ~JPY 123.7–125.4 billion, ~2.5% above forecast; EBITDA JPY 146.2 billion; net profit JPY 102.9 billion.
Strong Q2 Revenue Outlook
Company guidance midpoint for Q2 revenue JPY 388 billion; on a pro forma basis Q2 revenue expected to increase ~5.1% Q‑on‑Q (5.0% ex-FX).
Robust Demand and Product Ramps
Automotive demand stronger than expected with R‑Car Gen4 ramping successfully; legacy R‑Car and microcontrollers also showing steady growth; data center AI and client‑side AI demand described as growing strongly.
Capacity Utilization and Planned Capacity Expansion
Front‑end wafer-input utilization ~55% in Q1 (up ~6 percentage points Q‑on‑Q); management approved decision‑based CapEx of JPY 94 billion (≈80% for capacity expansion, ~JPY 77 billion), with ~50% of capacity expansion allocated to Kofu, >20% to Naka and ~15% to Saijo to support AI, data center and digital power demand.
Operational Efficiency and Margin Drivers in Q1
Q1 gross margin benefit driven by yen depreciation (~80% of revenue beat impact attributed to FX) and declines in manufacturing/fixed costs (maintenance reduction and conservative forecasting helped improve gross margin and operating margin).
Software/Service Momentum
Altium ARR increased ~8% year‑on‑year in Q1; management prioritizing platform adoption and account expansion over short‑term maximized ARR growth; Renesas 365 moved to general availability.
Clear Inventory & DOI Targeting
Company reiterates channel inventory build policy and a target Days Of Inventory (DOI) of 150 days to buffer supply risks and shorter lead‑time requirements.

Renesas Electronics (JP:6723) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
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JP:6723 Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Jul 23, 2026
2026 (Q2)
58.31 / -
-111.82―――
Apr 24, 2026
2026 (Q1)
58.92 / 37.57
14.48159.46% (+23.09)
Feb 05, 2026
2025 (Q4)
44.17 / 9.63
10.41-7.49% (-0.78)
Oct 30, 2025
2025 (Q3)
46.98 / 59.06
33.8274.63% (+25.24)
Jul 25, 2025
2025 (Q2)
39.77 / -111.82
33.38-434.99% (-145.20)
Apr 24, 2025
2025 (Q1)
39.22 / 14.48
44.9-67.75% (-30.42)
Feb 06, 2025
2024 (Q4)
32.17 / 10.41
54.991-81.07% (-44.58)
Oct 31, 2024
2024 (Q3)
48.68 / 33.82
42.64-20.68% (-8.82)
Jul 26, 2024
2024 (Q2)
50.71 / 33.38
51.46-35.13% (-18.08)
Apr 25, 2024
2024 (Q1)
50.13 / 44.90
58.5-23.25% (-13.60)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

JP:6723 Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Apr 24, 2026
¥3300.00¥3141.00-4.82%
Feb 05, 2026
¥2574.00¥2766.50+7.48%
Oct 30, 2025
¥1881.32¥1805.81-4.01%
Jul 25, 2025
¥1892.18¥1802.85-4.72%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Renesas Electronics Corporation (JP:6723) report earnings?
Renesas Electronics Corporation (JP:6723) is schdueled to report earning on Jul 23, 2026, TBA (Confirmed).
    What is Renesas Electronics Corporation (JP:6723) earnings time?
    Renesas Electronics Corporation (JP:6723) earnings time is at Jul 23, 2026, TBA (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is the P/E ratio of Renesas Electronics Corporation stock?
          The P/E ratio of Renesas Electronics is N/A.
            What is JP:6723 EPS forecast?
            JP:6723 EPS forecast for the fiscal quarter 2026 (Q2) is 58.31.