Renesas Electronics Corp. (RNECF,6723.T) on Thursday reported a loss in fiscal 2025, compared to prior year's profit. Operating profit declined from last year with weak revenues. Further, the firm issued first-quarter outlook, expecting year-over-year growth in adjusted revenues and margin.
On the Tokyo Stock Exchange, the shares were trading 6.4 percent higher at 2,739.50 yen.
For the full year, Consolidated loss attributable to owners of parent was 80.60 billion yen, compared to prior year's profit of 529.21 billion yen a year ago. Loss per share was 28.65 yen, compared to profit of 120.85 yen last year.
However, the company recorded operating profit of 201.17 billion yen for the period, down 9.8 percent from 222.98 billion yen a year ago.
Revenue for the year slipped 2 percent to 1.32 trillion yen from 1.35 trillion in the prior year.
Looking ahead for the first quarter ending March 31, the company projects adjusted revenues of 367.50 billion yen to 382.50 billion yen, a growth of 19% to 23.9 percent year-over-year.
Adjusted operating margin would be 32.0 percent and adjusted gross margin would be 58.5 percent, both higher than last year.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.