Edition:
United States

Renesas Electronics Corp (6723.T)

6723.T on Tokyo Stock Exchange

1,042JPY
2:00am EDT
Change (% chg)

¥-11 (-1.04%)
Prev Close
¥1,053
Open
¥1,053
Day's High
¥1,053
Day's Low
¥1,038
Volume
2,946,000
Avg. Vol
6,427,169
52-wk High
¥1,261
52-wk Low
¥550

Latest Key Developments (Source: Significant Developments)

NEC Corp plans to sell portion of stake in Renesas Electronics-Nikkei
Monday, 5 Jun 2017 01:29pm EDT 

June 5 (Reuters) - Nikkei::NEC Corp plans to sell portion of stake in Renesas Electronics, sale is expected to bring in more than 5 billion yen ($45.2 million) for Co - Nikkei.NEC corp's voting stake in Renesas is expected to fall from 8.9 percent to the 6 percent range - Nikkei.Proceeds from Renesas divestment will boost NEC's free cash flow for current fiscal year, which looks likely to exceed 90 billion yen - Nikkei.NEC's forecast of 10 percent rise in group net profit for current fiscal year ending March 2018 does not take into account Renesas divestment - Nikkei.  Full Article

Renesas Electronics to merge with unit Renesas System Design
Friday, 12 May 2017 01:53am EDT 

May 12 (Reuters) - Renesas Electronics Corp <6723.T> ::* Says it plans to merge with its wholly owned subsidiary Renesas System Design Co Ltd, effective on July 1 .* Says the unit will be dissolved after transaction .  Full Article

Innovation Network Corp plans to sell nearly 20 pct stake in Renesas Electronics - Nikkei
Wednesday, 26 Apr 2017 01:01pm EDT 

April 26 (Reuters) - Nikkei::Innovation network corp plans to sell off nearly a 20 percent stake in renesas electronics as soon as next month - Nikkei.  Full Article

Renesas & Intersil announce final regulatory approval for Renesas' acquisition
Wednesday, 22 Feb 2017 02:00am EST 

Intersil Corp : Renesas and Intersil announce final regulatory approval for Renesas' acquisition of Intersil . Says all necessary regulatory approvals for acquisition have now been received .Intersil Corp - Received notification by committee on foreign investment that investigation of Renesas-Intersil merger is complete, no unresolved national security concerns.  Full Article

Renesas Electronics to complete acquisition of Intersil Corporation on Feb. 24
Wednesday, 22 Feb 2017 02:00am EST 

Renesas Electronics Corp <6723.T>:Says the co will complete the acquisition of the U.S.-based firm Intersil Corporation on Feb. 24(the U.S. time).  Full Article

Renesas Electronics' purchase of Intersil unlikely to boost earnings of co until 2018 - Nikkei
Wednesday, 18 Jan 2017 01:03pm EST 

Nikkei:Renesas Electronics' purchase of U.S. company Intersil, is unlikely to boost earnings of Renesas Electronics until 2018 - Nikkei.  Full Article

Acacia Subsidiary acquires additional patents from Renesas Electronics Corp
Thursday, 22 Sep 2016 06:00am EDT 

Acacia Research Corp : Acacia Subsidiary acquires additional patents from Renesas Electronics Corporation .Patents relate to power management, system-on-chip system architecture and device manufacturing processes and packaging..  Full Article

Renesas Electronics is collaborating with Taiwan Semiconductor Manufacturing Co to develop microcontrollers for self-driving,fuel-saving autos-Nikkei
Thursday, 1 Sep 2016 01:33pm EDT 

Nikkei: Renesas Electronics is collaborating with Taiwan Semiconductor Manufacturing Co to develop Microcontrollers For Self Driving,Fuel-Saving autos - Nikkei .Renesas Electronics,Taiwan Semiconductor Manufacturing will start shipping samples for self-driving, fuel-saving autos to customers,taking orders in 2017 - Nikkei.  Full Article

Renesas Electronics names chairman and CEO
Wednesday, 11 May 2016 02:09am EDT 

Renesas Electronics <6723.T>: Says it names current president and CEO Tetsuya Tsurumaru as chairman, effective June 28 .Says Bunse Kure to succeed as president and CEO.  Full Article

Renesas Electronics to change fiscal year end date
Wednesday, 27 Apr 2016 02:00am EDT 

Renesas Electronics Corp:To change fiscal year end date from March 31 each year to Dec. 31 each year.Says 15th fiscal year will be from April 1, 2016 to Dec. 31, 2016.  Full Article

REFILE-TABLE-Renesas Electronics- 6-MTH group results

(Adds company forecast) Jul 28 (Reuters)- Renesas Electronics Corp CONSOLIDATED FINANCIAL HIGHLIGHTS (in billions of yen unless specified) 6 months ended 6 months ended 9 months to Jun 30, 2017 Jun 30, 2016 Dec 31, 2017 LATEST YEAR-AGO LATEST RESULTS RESULTS FORECAST Sales 375.78 304.60 571.00