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Renesas Electronics
(6723)
Renesas Electronics (6723) vs. iShares MSCI Japan ETF (EWJ)
Renesas Electronics Business Overview & Revenue Model
Renesas Electronics Earnings Call Summary
Renesas Electronics Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 1.32T | 1.35T | 1.47T | 1.50T | 994.42B |
| Gross Profit | 636.22B | 749.80B | 834.33B | 853.99B | 496.40B |
| EBITDA | 404.42B | 433.70B | 589.90B | 611.61B | 299.85B |
| Net Income | -51.76B | 219.08B | 337.09B | 256.62B | 119.54B |
Balance Sheet | |||||
| Total Assets | 4.18T | 4.49T | 3.17T | 2.81T | 2.41T |
| Cash, Cash Equivalents and Short-Term Investments | 295.90B | 238.49B | 434.68B | 342.76B | 222.66B |
| Total Debt | 1.21T | 1.42T | 667.66B | 755.74B | 814.09B |
| Total Liabilities | 1.73T | 1.95T | 1.16T | 1.27T | 1.24T |
| Stockholders Equity | 2.44T | 2.54T | 2.00T | 1.53T | 1.16T |
Cash Flow | |||||
| Free Cash Flow | 347.87B | 210.59B | 367.50B | 391.13B | 255.04B |
| Operating Cash Flow | 437.02B | 340.48B | 496.63B | 479.32B | 307.38B |
| Investing Cash Flow | -124.69B | -1.28T | -267.49B | -97.52B | -663.13B |
| Financing Cash Flow | -253.84B | 677.35B | -181.25B | -294.77B | 340.92B |
Renesas Electronics Technical Analysis
Renesas Electronics Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥148.52B | 11.09 | 1.86% | 0.76% | -16.19% | -50.21% | |
63 Neutral | ¥5.28T | -102.21 | -2.51% | 1.31% | -10.97% | -118.87% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
55 Neutral | ¥154.27B | -42.55 | ― | ― | -51.82% | -96.08% | |
49 Neutral | ¥1.15T | -31.31 | -4.26% | 2.30% | 0.04% | -323.26% | |
49 Neutral | ¥9.47B | -27.97 | ― | 1.86% | -7.54% | ― | |
45 Neutral | ¥19.23B | -12.69 | ― | 3.98% | -6.84% | 50.71% |
Renesas Electronics Corporate Events
Renesas Electronics has agreed to transfer its timing business to SiTime in a $3 billion deal composed equally of cash and common stock, covering a unit that generated $201.4 million in revenue in fiscal 2024 and provides high-performance clock generation, distribution and synchronization solutions for digital electronic systems. The company has also signed a memorandum of understanding to explore a strategic partnership with SiTime that would combine Renesas’ embedded compute leadership with SiTime’s MEMS timing technology at the silicon level, with the transaction expected to close by the end of 2026, subject to regulatory approvals, generating an estimated non-recurring gain of about $1.5 billion that Renesas plans to recycle into growth investments and/or shareholder returns, potentially sharpening its focus on core businesses while positioning both firms for expanded innovation in precision timing and compute solutions.
The most recent analyst rating on (JP:6723) stock is a Buy with a Yen2647.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.
Renesas Electronics has issued its non-GAAP consolidated forecast for the quarter ending March 31, 2026, projecting revenue between ¥367.5 billion and ¥382.5 billion, up from ¥308.8 billion a year earlier, with gross margin expected at 58.5% and operating margin at 32.0%. The guidance, calculated using exchange assumptions of ¥154 to the US dollar and ¥182 to the euro, indicates continued margin expansion and stronger quarterly performance versus the prior-year period, underscoring Renesas’s efforts to stabilize earnings amid semiconductor market volatility and to provide investors with clearer visibility through non-GAAP metrics that strip out acquisition-related and other non-recurring items.
The most recent analyst rating on (JP:6723) stock is a Buy with a Yen2647.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.
Renesas Electronics reported a 2.0% year-on-year decline in consolidated revenue to 1,321.2 billion yen for the year ended December 31, 2025, as weaker demand in its Automotive Business outweighed growth in its Industrial, Infrastructure and IoT operations, where infrastructure-related demand remained robust. While gross profit edged up due to lower manufacturing costs, operating profit fell by 21.8 billion yen, and the company swung from a profit of 219.1 billion yen to a loss of 51.8 billion yen attributable to owners of the parent, largely driven by a 236.6 billion yen loss linked to foreign exchange effects and the reclassification of its deposit with Wolfspeed, Inc. into other financial assets under a restructuring support agreement, significantly impacting earnings and underscoring Renesas’s exposure to both automotive market softness and financial restructuring risks.
The most recent analyst rating on (JP:6723) stock is a Buy with a Yen2647.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.
Renesas Electronics reported a decline in full-year 2025 performance, with revenue slipping 2.0% year-on-year to ¥1.32 trillion and operating profit falling 9.8% to ¥201.2 billion, while the company swung from a ¥219.1 billion profit attributable to owners in 2024 to a ¥51.8 billion loss in 2025. Despite the net loss, Renesas maintained a year-end dividend of ¥28 per share, similar to the prior year, supported by solid operating cash flow of ¥452.9 billion and an equity ratio attributable to owners improving to 58.5%, even as total assets decreased. Cash and cash equivalents at year-end dropped to ¥295.9 billion from ¥229.2 billion the previous year, reflecting reduced investing outflows and lower financing inflows. Looking ahead to the first quarter of 2026, the company issued a non-GAAP revenue forecast range of ¥367.5–382.5 billion with relatively robust projected non-GAAP gross and operating margins, signaling an expectation of resilient underlying business performance despite recent earnings volatility and the absence of a full-year 2026 guidance or dividend forecast.
The most recent analyst rating on (JP:6723) stock is a Buy with a Yen2647.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.
Renesas Electronics will transfer its timing business, which generated about 2.3% of group revenue and 7.1% of operating profit in fiscal 2024, to SiTime Corporation for roughly US$3.0 billion in a mix of cash and SiTime stock, with completion expected by the end of 2026 pending regulatory approvals. The move is part of Renesas’ strategy to sharpen its business focus, reallocate capital toward core embedded compute initiatives and advance its 2035 ambition to become a top-three global embedded semiconductor solutions supplier, while preserving customer access to leading-edge timing technology through SiTime. Alongside the divestiture, Renesas and SiTime signed an MoU to explore integrating SiTime’s MEMS resonator technology directly into Renesas’ MCUs and SoCs, potentially enabling more compact, higher-performance intelligent devices and reinforcing a strategic partnership even as Renesas exits direct operation of the timing product line.
The most recent analyst rating on (JP:6723) stock is a Buy with a Yen2647.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.
Renesas Electronics has responded to recent media reports claiming that it plans to sell its timing business to SiTime, stating that the articles are not based on any official announcement by the company. Renesas confirmed that discussions with SiTime are ongoing but emphasized that no decision has been made, and it pledged to disclose any material developments requiring formal announcement, signaling that the timing business remains under review but that any strategic move is still uncertain for investors and industry partners.
The most recent analyst rating on (JP:6723) stock is a Buy with a Yen2647.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.
Renesas Electronics has amended the terms of its existing 240 billion yen term loan facilities, comprising a 96 billion yen syndicated loan and a 144 billion yen facility with the Japan Bank for International Cooperation, by bringing forward the repayment date from the end of December 2026 to December 30, 2025. The company says the change is intended to support financial soundness and maintain a stable funding base while accommodating early repayment under the contractual terms, and it does not expect any material impact on its consolidated performance for fiscal 2025, suggesting limited immediate effects for shareholders and creditors while underscoring prudent balance-sheet management.
The most recent analyst rating on (JP:6723) stock is a Hold with a Yen2069.00 price target. To see the full list of analyst forecasts on Renesas Electronics stock, see the JP:6723 Stock Forecast page.