Renesas Electronics Corporation

Company Profile

■URL

https://www.renesas.com/en-us/

■Address

Toyosu Foresia, 3-2-24, Toyosu Koto-ku, Tokyo 135-0061, Japan

Business Overview

-A Japanese semiconductor manufacturer. It has the largest share of the global automotive micro controller market (37.7% in 2014 according to the Company's own research), and the third largest share of the global automotive semiconductor market as of 2015 (Source: Strategy Analytics, April 2016).

-The Innovative Network Corporation of Japan started investing in the Company in September 2013, and the Company moved into the black (generated operating profit and ordinary profit) in FY ended 2014.

-The Company announced the completion of its acquisition of Intersil Corporation. In connection with the closing of the transaction as of February 24, Intersil becomes a wholly-owned subsidiary of the Company. The Company will focus its efforts on future product development for Intersil's power management and precision analog solutions.

-The Company announced that by July it would form a new organizational structure comprised of three divisions on which its business would be based. For example, the Automotive Solutions Division will be the division responsible for the automotive sector. It launched the Broad-based Solutions Division on April 1st, aiming to gain synergy effects from Intersil’s business as soon as possible.

-Major technical partnership agreements as of 2017:

  • Agreement with Great Wall Motor Co., Ltd. (based in China) to develop new-energy vehicles such as EVs and PHVs, and semi-conductor technology and solutions for self-driving cars.
  • Agreement with TTTech Computertechnik AG (based in Austria) to jointly develop a Highly Automated Driving (HAD) platform that supports the development of ECUs for self-driving cars.
  • Analogue Devices: developed a radar-sensor demonstrator that has a system-level of 77/79Ghz, for radar applications used onboard automobiles.
  • Cogent Embedded: collaborated on developing a 3D surround-view solution for next-generation automobile systems.
  • HELLA:collaborated on onboard-vehicle front-camera solution for advanced-driving-assist systems (ADASs) and self-driving systems.
  • Dibotics:collaborated on developing a lidar solution for ADASs
  • Green Hills Software:Developed a new type of connected demonstration vehicle.
  • Altia:collaborated in developing a connected-car with new type of onboard cockpit.

Financial Overview

-In the fiscal year that ended on Dec. 31, 2017, consolidated sales were JPY 780,261 million yen; operating income was JPY 78,400 million yen; and ordinary income was JPY 75,288 million. Current net income returned to the parent company’s shareholders was JPY 77,196 million. Sales generated by the automotive segment were JPY 407.8 billion, a 16.4% increase compared to the same period during the previous year.

Shareholders

-Listed on the First section of the Tokyo Stock Exchange  (As of Dec. 31, 2017)
Name or Company name Investment Ratio (%)
Innovative Network Corporation of Japan 50.09
Japan Trustee Services Bank, Ltd. 6.42
Hitachi, Ltd. 5.55
Mitsubishi Electric Corporation 4.54
JP MORGAN CHASE BANK 380055 4.45
GIC PRIVATE LIMITED-C 2.61
Toyota Motor Corporation 2.49
Japan Trustee Services Bank Ltd. (Trust Account) 1.12
NORTHERN TRUST CO. (AVFC) SUB A/C NON TREATY 0.95
The Master Trust Bank of Japan, Ltd. (Trust Account) 0.95
Total 96.88

Products

Development Kit for Automotive

Micro Controllers and Micro Processors


Smart Analog
Smart Analog ICs
Smart Analog MCUs

Secure MCUs

Embedded Systems Platform
Renesas Synergy Platform

Power MOSFET
MOSFETs for switching
Power MOSFETs for automotive

IGBT: Insulated-gate bipolar transistors

Intelligent Power Devices
High side drivers / Low side drivers
Thermal FETs

Transistors
Bipolar power transistors
Bipolar small signal transistors

Analog ICs for Automotive
CAN transceivers
ICs for car audio, Driver/receiver ICs for bus interface
Power supply ICs for R-Car


Analog & Mixed Signal
ICs for LED lighting

General-purpose Linear
Operational amplifiers
Comparators
Application specified reset ICs
Single-function reset ICs

LSI for Automotive
SoC; System on Chips for car information systems

History

Nov. 2002 NEC Electronics Corporation was established in Kawasaki, Kanagawa Prefecture. It was formed as a wholly owned subsidiary of NEC Corporation, which spun off its semiconductor operations except its general-purpose DRAM business.
April 2003 Renesas Technology Corporation was established by Hitachi, Ltd., which owned a 55% stake, and Mitsubishi Electric Corporation, which owned a 45% stake.
July 2003 NEC Electronics was listed on the first section of the Tokyo Stock Exchange.
April 2010 Renesas Electronics was established through the integration of NEC Electronics Corporation and Renesas Technology Corporation.
Sep. 2013 The Company issued third-party shares to be bought by Innovative Network Corporation of Japan, Toyota Motor Corporation, Nissan Motor Co., Ltd., Keihin Corporation, Denso Corporation, Canon Inc., Nikon Corporation, Panasonic Corporation, and Yasukawa Electric Corporation.
Feb. 2017 Acquired all stock shares in Intersil Corporation based in the USA, turning it into a subsidiary.xxx
Jan. 2018 Intersil Corporation absorbed the business operations of Renesas Electronics America Inc., adopting the company name Renesas Electronics America Inc.

Supplemental Information 1

Technology Licensing Agreement

(As of Dec. 31, 2017)
Partner Item of Contract Contract date
Texas Instruments Incorporated
(U.S.)
Cross-licenses for semiconductor patents (includes subsidiaries) Mar. 02, 2011
ARM Limited
(UK)

Licensing-in of semiconductor designing technology

Dec. 22, 2015



>>>IR Information on Renesas Electronics

>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income etc.)

Note: A figure in brackets ( ) indicates a loss