Renesas Electronics Corporation · TSE:6723

Renesas Electronics — Q2 2026 Earnings Presentation

21 slides from Renesas Electronics's earnings presentation, Jul 31, 2026

  1. Slide 1: 2Q 2026 Presentation

    2Q 2026 PRESENTATION RENESAS ELECTRONICS CORPORATION JULY 31, 2026 © 2026 Renesas Electronics Corporation. All rights reserved.

  2. Slide 2: Non-GAAP Basis Information

    NON-GAAP BASIS INFORMATION In this section, Renesas Electronics Group (hereinafter “the Group”) applies Non-GAAP financial measures (hereinafter “Non-GAAP basis”) used for management’s decision making. Non-GAAP figures are calculated by removing or adjusting non-recurring items and other adjustments

  3. Slide 3: Disclaimer

    DISCLAIMER ▪ Adoption of IFRS: With the outlook that the Group will continue to expand globally and to provide financial figures that can be compared on a global scale, the Group discloses its consolidated financial statements in accordance with IFRS starting from the annual securities report for FY

  4. Slide 4: 2Q 2026 Financial Snapshot

    2Q 2026 FINANCIAL SNAPSHOT NON-GAAP Results adjusted for the Timing 2025 2026 business3 Change Change 2Q 2Q from from 2025 2026 2Q 1H 1Q (Apr-Jun) (Apr-Jun) Apr.24 1H Apr.24 2Q YoY 1Q QoQ (B yen) (Apr-Jun) (Jan-Jun) (Jan-Mar) Forecast Actual YoY QoQ FCT1 (Jan-Jun) YoY FCT1 (Apr-Jun) (Adjusted) (Jan-

  5. Slide 5: 2Q 2026 Revenue and Gross / Operating Margin

    2Q 2026 REVENUE AND GROSS / OPERATING MARGIN Industrial / Company Total vs FCT QoQ1 Automotive2 Infrastructure / IoT2 405.3 B yen 187.1 B yen 216.3 B yen Revenue vs FCT: +4.5% vs FCT: + vs FCT: + QoQ1: +9.8% QoQ: +9.0% QoQ: +10.4% Gross 58.1 % ▲ Yen depreciation ▲ Increased utilization 55.3 % 60.7 %

  6. Slide 6: Quarterly Revenue Trends

    QUARTERLY REVENUE TRENDS NON-GAAP (B yen) ■Automotive ■Industrial ■Infrastructure ■IoT □Others Total Revenue3 YoY: +24.8% (+15.4%) 405.3 QoQ: +8.8% (+6.5%) 372.3 345.3 350.9 334.2 324.6 308.8 Automotive3 292.6 187.1 YoY: +15.9% (+7.3%) 171.6 QoQ: +9.0% (+6.1%) 185.5 162.9 158.8 161.4 148.8 154.9 Ind

  7. Slide 7: Inventory

    INVENTORY In-House Inventory1 (Financial Accounting Basis) Sales Channel Inventory3 (Management Accounting Basis4) (Days) DOI2 2Q Results: Increased (Weeks) WOI5 2Q Results: Increased 160 (Decreased DOI) (Decreased WOI) 14 140 ▪ WIP: Capacity expansion, 12 ▪ Auto: Inventory slight increase 120 10 10

  8. Slide 8: Front-End Utilization Rate and Capital Expenditures

    FRONT-END UTILIZATION RATE1 AND CAPITAL EXPENDITURES2 Front-end Utilization Rate (Wafer Input Basis) Capital Expenditures Total 6-inch line 8-inch line 12-inch line (B yen) Revenue Ratio3 30% 100% 80% 20% 94.0 60% 10% 40% 0% 22.2 22.6 20% 17.3 17.8 18.8 12.7 8.4 0% -10% 3Q24 4Q 1Q25 2Q 3Q 4Q 1Q26 2Q

  9. Slide 9: 3Q 2026 Forecast

    3Q 2026 FORECAST NON-GAAP Adjusted for the Timing 2025 2026 business2 3Q (Jul-Sep) Midpoint 9 months 2025 3Q 9 months 2Q Forecast (Jan-Sep) 3Q (B yen) (Jul-Sep) (Jan-Sep) (Apr-Jun) (Range)1 YoY QoQ Forecast YoY (Jul-Sep) YoY 430.0 +28.7% +6.1% 1,207.6 +24.8% Revenue 334.2 967.6 405.3 326.7 +31.6% (±

  10. Slide 10: Appendix

    APPENDIX The figures in this section are mainly based on segment disclosure and GAAP (IFRS) stated on a financial reporting basis and are provided as additional information. © 2026 Renesas Electronics Corporation. All rights reserved. Page 10

  11. Slide 11: Business Trends

    BUSINESS TRENDS NON-GAAP 2025 2026 1Q 2Q 3Q 4Q Full-Year 1Q 2Q 1H (B yen) (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) (Apr-Jun) YoY QoQ (Jan-Jun) YoY Revenue 308.8 324.6 334.2 350.9 1,318.5 372.3 405.3 +24.8% +8.8% 777.6 +22.8% Gross Margin 56.7% 56.8% 57.6% 59.3% 57.6% 59.2% 58.1% +

  12. Slide 12: Revenue and Gross Profit by Segment

    REVENUE AND GROSS PROFIT BY SEGMENT NON-GAAP 2025 2026 1Q 2Q 3Q 4Q Full-Year 1Q3 2Q 1H (B yen) (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) (Apr-Jun) YoY QoQ (Jan-Jun) YoY Revenue 308.8 324.6 334.2 350.9 1,318.5 372.3 405.3 +24.8% +8.8% 777.6 +22.8% Automotive1 154.9 161.4 158.8 162.9

  13. Slide 13: Operating Profit and EBITDA by Segment

    OPERATING PROFIT AND EBITDA1 BY SEGMENT NON-GAAP 2025 2026 1Q 2Q 3Q 4Q Full-Year 1Q4 2Q 1H (B yen) (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) (Apr-Jun) YoY QoQ (Jan-Jun) YoY Operating Profit 83.8 91.9 103.2 108.0 386.9 125.4 132.7 +40.9 +7.3 258.2 +82.5 (Margin) (27.1%) (28.3%) (30.

  14. Slide 14: Statement of Financial Position

    STATEMENT OF FINANCIAL POSITION GAAP (B yen) 2025/3 2025/6 2025/9 2025/12 2026/3 2026/6 Total Assets 4,195.5 3,872.2 4,012.7 4,177.2 4,227.4 4,562.5 Cash and Cash Equivalents1 177.6 211.1 238.4 295.9 267.6 376.0 Inventories 175.6 165.7 174.5 185.9 200.0 212.1 Goodwill2 2,134.5 2,067.9 2,125.6 2,239.

  15. Slide 15: GAAP / Non-GAAP Reconciliation

    GAAP / NON-GAAP RECONCILIATION 2025 2026 2Q (Apr-Jun) Full-Year 2Q (Apr-Jun) Operating Operating Operating (B yen) Gross Profit Profit Net Profit1 EBITDA Gross Profit Profit Net Profit1 EBITDA Gross Profit Profit Net Profit1 EBITDA Non-GAAP 184.4 91.9 77.8 110.2 759.9 386.9 329.3 464.1 235.3 132.7 1

  16. Slide 16: 2Q 2026 Consolidated Operating Profit Bridge from Non-GAAP to GAAP

    2Q 2026 CONSOLIDATED OPERATING PROFIT BRIDGE FROM NON-GAAP TO GAAP (B yen) Former-Intersil Former-IDT 132.7 PPA Effects PPA Effects Former-Dialog PPA Effects Former-Altium PPA Effects Other Stock-Based PPA Effects Timing Business Compensation Adjustment Others 102.1 Recurring Items Non-Recurring Ite

  17. Slide 17: 2Q 2026 Financial Snapshot (GAAP)

    2Q 2026 FINANCIAL SNAPSHOT GAAP 2025 2026 2Q 1H 1Q 2Q 1H (B yen) (Apr-Jun) (Jan-Jun) (Jan-Mar) (Apr-Jun) YoY QoQ (Jan-Jun) YoY Revenue 325.5 634.3 380.3 418.4 +28.5% +10.0% 798.7 +25.9% Gross Margin 55.7% 55.8% 58.7% 58.6% +2.9pts -0.1pt 58.6% +2.8pts Operating Profit 39.8 61.3 90.6 102.1 +62.3 +11.

  18. Slide 18: Takasaki Factory Production Phase-Out, R&D Functions Maintained and Strengthened

    TAKASAKI FACTORY PRODUCTION PHASE-OUT R&D FUNCTIONS MAINTAINED AND STRENGTHENED Overview R&D Functions Outlook ▪ Phase out production amid ▪ Maintain and strengthen on-site ▪ Production to end within 2-3 years, structural changes in 6-inch wafer R&D functions at current and followed by factory closu

  19. Slide 19: Impact of the 2026 Kumamoto Earthquake on Operations

    IMPACT OF THE 2026 KUMAMOTO EARTHQUAKE ON OPERATIONS (AS OF JULY 30) Impact on operations Kawashiri Factory Nishiki Factory ▪ All employees were safely ▪ Front-end factory ▪ Back-end factory evacuated, and employee safety ▪ Initial safety inspections within the ▪ Confirmed the safety of the has been

  20. Slide 20: Renesas at a Glance

    RENESAS AT A GLANCE 2025 Highlight1 Growth Trajectory1 Revenue Gross Operating Margin Margin 1,500 (B yen) Revenue Operating Margin FCF Margin2 60% 1,318.5 B yen 29.3% 25.1% 1,000 40% Gross Margin EBITDA Margin EPS 500 20% 57.6% 35.2% 182.27 yen 0 0% 2020 2021 2022 2023 2024 2025 Revenue Composition

  21. Slide 21: Renesas.com (Forward-Looking Statements)

    Renesas.com (FORWARD-LOOKING STATEMENTS) The statements in this presentation with respect to the plans, strategies and forecasts of Renesas Electronics and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. Such forward looking stateme

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