Market Overview

Renesas Electronics Announces Consolidated Forecasts for the Nine Months Ending September 30, 2018

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Renesas Electronics Corporation (TSE: 6723), a premier supplier of
advanced semiconductor solutions, today announced the consolidated
financial forecasts for the nine months ending September 30, 2018.

 

1. Consolidated forecasts for the nine months ending
September 30, 2018

(January 1, 2018 to September 30, 2018)

                     

In millions of yen

                        Net Income      
Attributable

Net

Net Sales Operating Ordinary to

Income

Income Income Shareholders

per Share

of Parent

(Yen)

                                Company        
Original forecasts       ---       ---       ---       ---       ---

Forecasts as of

565,000 48,000 44,000 51,000 30.59

July 31, 2018

                             
Increase (decrease)       ---       ---       ---       ---       ---
Percent change       ---       ---       ---       ---       ---
Reference: 570,058 56,542 54,956 58,610 35.16

Corresponding

period of the

previous year

(January 1, 2017 to

September 30, 2017)

                             
 

The figures of the consolidated forecasts for the nine months ending
September 30, 2018 above are sum of the results of the six-month period
ended June 30, 2018 and the forecasts of the three months ending
September 30, 2018.

The consolidated forecasts for the nine months ending September 30, 2018
are calculated at the rate of 108 yen per USD and 130 yen per Euro.

The statements with respect to the financial outlook of the Group are
forward-looking statements involving risks and uncertainties. The
Company cautions you in advance that actual results may vary materially
from such forward-looking statements due to several important factors.

Refer to Renesas Electronics' earnings report "Renesas Electronics
Reports Financial Results for the Second Quarter Ended June 30, 2018
"
issued on July 31, 2018 for more details.

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. A global
leader in microcontrollers, analog, power and SoC products and
integrated platforms, Renesas provides the expertise, quality, and
comprehensive solutions for a broad range of Automotive, Industrial,
Home Electronics, Office Automation and Information Communication
Technology applications to help shape a limitless future. Learn more at renesas.com.

(FORWARD-LOOKING STATEMENTS)

The statements in this press release with respect to the plans,
strategies and financial outlook of Renesas and its consolidated
subsidiaries (collectively "we") are forward-looking statements
involving risks and uncertainties. Such forward-looking statements do
not represent any guarantee by management of future performance. In many
cases, but not all, we use such words as "aim," "anticipate," "believe,"
"continue," "endeavor," "estimate," "expect," "initiative," "intend,"
"may," "plan," "potential," "probability," "project," "risk," "seek,"
"should," "strive," "target," "will" and similar expressions to identify
forward-looking statements. You can also identify forward-looking
statements by discussions of strategy, plans or intentions. These
statements discuss future expectations, identify strategies, contain
projections of our results of operations or financial condition, or
state other forward-looking information based on our current
expectations, assumptions, estimates and projections about our business
and industry, our future business strategies and the environment in
which we will operate in the future. Known and unknown risks,
uncertainties and other factors could cause our actual results,
performance or achievements to differ materially from those contained or
implied in any forward-looking statement, 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.

This press release is based on the economic, regulatory, market and
other conditions as in effect on the date hereof. It should be
understood that subsequent developments may affect the information
contained in this presentation, which neither we nor our advisors or
representatives are under an obligation to update, revise or affirm.

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