Renesas Electronics Corporation

Company Profile



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

Business Overview

-The Company is the Japanese semiconductor manufacturer with the highest share in the world of automotive micro-computers. The automotive business delivers semiconductors that control automotive engines and bodies (automotive control segment), as well as semiconductors for automotive information equipment and devices (automotive information segment) such as car-navigation products. This business also delivers micro-controllers, SoCs(systems-on-a-chip), and analog semiconductors.

ーRenesas Electronics Corporation (Renesas) announced that Innovation Network Corporation of Japan (INCJ), a Japan government-funded organization that holds the largest stake in Renesas, will sell its approximately 12% stake in the company on the open market. In early March, INCJ decreased its stake in Renesas from 50.1% to 45.6% by selling a portion of its shareholdings in the semiconductor manufacturer to Denso Corporation. As a result of the further sale of shares, INCJ's stake in Renesas will decrease to 33.4%. Hitachi, Ltd. and NEC Corporation will also cut their stake by selling shares in Renesas on the open market. (From an article in the Nikkan Jidosha Shimbun on April 5, 2018)

ーOn September 11 Renesas Electronics Corporation (Renesas) announced that it will acquire Integrated Device Technology, Inc. (IDT), which designs and manufactures semiconductor parts. Renesas is expected to complete acquisition of the U.S. semiconductor company by the end of June 2019. With this acquisition, Renesas is aiming to bolster its operations in autonomous driving and IoT segments. IDT has strength in communications semiconductor products like in-vehicle sensors, interconnected parts for subways, and wireless power systems. IDT achieved sales of USD 843 million (JPY 93.9 billion) and an operating profit of USD 111 million (JPY 12.3 billion) in the fiscal year that ended in March 2018. Meanwhile, Renesas has aimed to strengthen its automotive semiconductor business in its management policy over the years. With this acquisition, Renesas intends to bolster its semiconductor operations involving autonomous driving communications that require massive amounts of data. Renesas will also incorporate technologies for data center semiconductors and IoT sensors, in which IDT excels, in its systems. Counting on synergy effects, Renesas has a long-term goal under which it aims to increase its operating profit by over USD 250 million (JPY 27.8 billion). (From an article in the Nikkan Jidosha Shimbun on September 12, 2018)


Financial Overview

-In the fiscal year that ended on Dec. 31, 2018, consolidated sales were JPY 756.5 billion; operating income was JPY 68.2 billion; and current net income returned to the parent company’s shareholders was JPY 51.0 billion. Sales generated by the automotive business were JPY 398.4 billion, a 3.6% year-over-year decrease. Both sales and operating income of automotive-control and automotive-information segments decreased.


-Listed on the First section of the Tokyo Stock Exchange  (As of Dec. 31, 2018)
Name or Company name Investment Ratio (%)
Innovative Network Corporation of Japan 33.37
Denso 4.99
Mitsubishi Electric Corporation 4.53
Japan Trustee Services Bank, Ltd. 4.30
Hitachi, Ltd. 3.71
Toyota Motor Corporation 2.99
Japan Trustee Services Bank Ltd. (Trust Account) 1.40
Total 64.45


Advanced Driver Assistance System(ADAS)
-Smart Camera
-Surround View
-Cognitive Computing
-Starter Kits & Solution Kits
-Perception Quick Start Software

Car Audio System
-Display Audio / Connectivity Audio

-Heating, Ventilation and Air Conditioning (HVAC)
-Body Control Module (BCM) / LED Head Light Unit
-High-Intensity Discharge Lighting System (HID)
-Electric Sliding Door
-Electric Window Lifter
-Windscreen Wiper

Car Information System
-R-Car Cockpit ECU Reference Solution

Chassis & Safety
-Electric Power Steering (EPS)
-Brake System
-Airbag System

-Motor-Generator Control System
-Battery Control System
-Battery Charger/DC-DC Control System

Instrument Cluster

-Gasoline Engine System
-Gasoline Direct Injection Engine System
-Diesel Engine System
-Transmission Control System


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
Jan. 2018 Intersil Corporation absorbed the business operations of Renesas Electronics America Inc., adopting the company name Renesas Electronics America Inc.
Oct. 2018 Transferred the operations of the Kochi Plant of Renesas Semiconductor Manufacturing to Marusan Sangyo Co., Ltd.
Jan. 2019 Absorbed the operations of Renesas Semiconductor Parts and Test Solutions through a simple merger transaction.

Supplemental Information 1

Technology Licensing Agreement

(As of Dec. 31, 2018)
Partner Item of Contract Contract date
Texas Instruments Incorporated
Cross-licenses for semiconductor patents (includes subsidiaries) Mar. 02, 2011
ARM Limited

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