RenesasRenesas Electronics Corporation6723東証プライム電気機器FY ending Dec 2025, consolidated, IFRS

Renesas FY ending Dec 2025 results

About 51% of Renesas's sales come from Industrial/Infrastructure/IoT, with Automotive and Other making up much of the rest.

Out of every ¥100 of sales, about ¥15 is left as operating profit.

Revenue changed -2.0% from the prior year, operating profit -9.8%.

Revenue and profit pattern

Revenue and profit down

Revenue -2.0% · profit -9.8%, calculated from disclosed figures.

Operating leverage: 4.84× (profit growth ÷ revenue growth)

What changed from last year

FY ending Dec 2024 → FY ending Dec 2025

Revenue: -2.0%¥1.35T → ¥1.32T
Gross profit: +0.5%¥749.8B → ¥753.8B
Operating income: -9.8%¥223B → ¥201.2B
Net income attributable to owners: -123.6%¥219.1B → -¥51.8B
Operating cash flow: +33.0%¥340.5B → ¥452.9B
Free cash flow: +87.0%¥170.6B → ¥319.1B

Results at a glance

Revenue for FY ending Dec 2025 was ¥1.32T, down -2.0% from ¥1.35T the year before.
Gross profit held roughly flat at +0.5%, but operating income fell -9.8% to ¥201.2B.
Net income attributable to owners was -¥51.8B, a swing to a loss from a ¥219.1B profit a year earlier.
Cash generation improved: operating cash flow rose +33.0% to ¥452.9B, and free cash flow grew to ¥319.1B.

What drove the change

Automotive sales fell as that market softened, while Industrial/Infrastructure/IoT sales grew on stronger demand in infrastructure.
Factories ran at lower utilization, but lower manufacturing costs kept gross profit about level. SG&A went up.
After US chipmaker Wolfspeed filed for bankruptcy protection, Renesas booked a valuation loss on its financial assets tied to Wolfspeed, which pushed it to a pretax loss.

Things to watch

A downturn in the chip market could shrink demand, lower prices and leave factories underused, which would squeeze margins.
Trade and investment rules, including tariffs and import/export limits, could disrupt its supply chain and raise costs.
Swings in exchange and interest rates affect its sales, costs, and the yen value of its assets and debts.

Annual Securities Report, 24th fiscal period (2025/01/01–2025/12/31) / 経営者による財政状態、経営成績及びキャッシュ・フローの状況の分析 · Annual Securities Report, 24th fiscal period (2025/01/01–2025/12/31) / 事業等のリスク

Where the money goes

FY ending Dec 2024 → FY ending Dec 2025

Where ¥100 of sales goes

For every ¥100 Renesas sells, how much goes where, and how much is kept.

FY ending Dec 2025

Cost of sales: ¥43
SG&A: ¥40
Other costs: ¥2
Operating profit: ¥15
Net loss: ¥4

Annual margin trends

Gross margin57.1%

Operating margin15.2%

Net margin-3.9%

Aligned fiscal years compare the shares of revenue remaining as gross, core, and net profit. Missing years are left unconnected.

Which businesses earn the money

Revenue by business segment, and the profit each one keeps.

FY ending Dec 2025

Industrial/Infrastructure/IoT¥671.8B
51%
Op. margin 25.2%Industry: Semiconductors
Automotive¥639.7B
49%
Op. margin 30.7%Industry: Semiconductors
Other¥7.03B
1%
Op. margin 8.6%

Profit by segment

※ Segment figures include inter-segment sales and do not sum to the company total

Sources

Show source documents (6)

EDINET (FSA Japan)
有価証券報告書－第24期(2025/01/01－2025/12/31)
ID S100XR062026-03-19Open
EDINET (FSA Japan)
有価証券報告書－第23期(2024/01/01－2024/12/31)
ID S100VFR62025-03-26Open
EDINET (FSA Japan)
訂正有価証券報告書－第22期(2023/01/01－2023/12/31)
ID S100TDHU2024-05-09Open
EDINET (FSA Japan)
訂正有価証券報告書－第21期(2022/01/01－2022/12/31)
ID S100QP902023-05-10Open
EDINET (FSA Japan)
有価証券報告書－第20期(令和3年1月1日－令和3年12月31日)
ID S100NRVN2022-03-30Open
EDINET (FSA Japan)
有価証券報告書－第19期(令和2年1月1日－令和2年12月31日)
ID S100L3KH2021-03-31Open

Extracted from XBRL: 44 / Derived from other figures: 1

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