Slide 1: 2Q 2025 Presentation
2Q 2025 PRESENTATION RENESAS ELECTRONICS CORPORATION JULY 25, 2025 © 2025 Renesas Electronics Corporation. All rights reserved.
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
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
Slide 4: 2Q 2025 Financial Snapshot
2Q 2025 FINANCIAL SNAPSHOT NON-GAAP 2024 2025 (B yen) 2Q 2Q Change 1H Change 2Q 1H 1Q (Apr-Jun) (Apr-Jun) YoY QoQ from Apr 24 (Jan-Jun) YoY from Apr 24 (Apr-Jun) (Jan-Jun) (Jan-Mar) Forecast Actual FCT*1 Actual FCT*1 302.0 Revenue 358.8 710.6 308.8 324.6 -9.5% +5.1% +7.5% 633.4 -10.9% +3.7% (±7.5) R
Slide 5: 2Q 2025 Revenue and Gross / Operating Margin
2Q 2025 REVENUE AND GROSS / OPERATING MARGIN NON-GAAP vs FCT Industrial / Company Total Automotive Infrastructure / IoT Revenue: Gross Margin: (+) Yen depreciation, Increased utilization, Decreased production cost Revenue 324.6 B yen 161.8 B yen 161.3 B yen Operating Margin: vs FCT: +7.5% vs F
Slide 6: Quarterly Revenue Trends
QUARTERLY REVENUE TRENDS NON-GAAP (B yen) Automotive Industrial/Infrastructure/IoT Others 450 379.4 Revenue 400 361.9 358.8 YoY: -9.5% 2.3 351.8 345.3 2.2 2.2 324.6 QoQ: +5.1% 2.1 1.6 350 308.8 292.6 1.5 2.7 300 168.2 3.0 Automotive 172.0 178.2 190.4 YoY: -15.0% 250 185.5 161.8 155.3 QoQ: +4.2% 148.
Slide 7: Quarterly Business Trends
QUARTERLY BUSINESS TRENDS NON-GAAP Gross Profit (Margin) Operating Profit (Margin) YoY: +0.1pt YoY: -2.5pts Gross Profit Gross Margin QoQ: +0.0pt Operating Profit Operating Margin QoQ: +1.2pts (B yen) (B yen) 40% 200 57.9% 60% 200 34.9% 56.4% 56.7% 56.7% 56.7% 31.9% 32.3% 35% 150 55.9% 56.8% 150 30.
Slide 8: Inventory
INVENTORY In-House Inventory*1 Sales Channel Inventory*3 In-House Inventory/DOI (Financial Accounting Basis) (Management Accounting Basis*4) 2Q Results: Decreased (Days) (Weeks) DOI*2 WOI*5 RM / WIP: Decreased due to power outages (disposal) 18 and production based on demand 120 12 FG: Shipment ba
Slide 9: Front-End Utilization Rate and Capital Expenditures
FRONT-END UTILIZATION RATE*1 AND CAPITAL EXPENDITURES*2 FRONT-END UTILIZATION RATE CAPITAL EXPENDITURES (WAFER INPUT BASIS) Total 6-inch line (B yen) Capital Expenditures % Revenue Ratio 8-inch line 12-inch line 100% 40 10.2% 80% 30 60% 5.6% 6.4% 20 5.9% 40% 3.9% 3.4% 4.1% 10 2.6% 20% 0% 0 3Q 4Q 1Q
Slide 10: 3Q 2025 Forecast
3Q 2025 FORECAST NON-GAAP 2024 2025 3Q (B yen) (Jul-Sep) 9 months 3Q 9 months 2Q Midpoint YoY QoQ (Jan-Sep) YoY (Jul-Sep) (Jan-Sep) (Apr-Jun) Forecast Forecast (Range)*1 330.0 -4.4% +1.7% 963.4 -8.8% Revenue 345.3 1,055.9 324.6 (±7.5) (±2.2pts) (±2.3pts) (±7.5) (±0.7pt) Revenue - - - - -4.6% +2.0% -
Slide 11: 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. © 2025 Renesas Electronics Corporation. All rights reserved. Page 11
Slide 12: Revenue and Gross Profit by Segment
REVENUE AND GROSS PROFIT BY SEGMENT NON-GAAP 2024 2025 (B yen) 1Q 2Q 3Q 4Q Full-Year 1Q 2Q 1H YoY QoQ YoY (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) (Apr-Jun) (Jan-Jun) Revenue 351.8 358.8 345.3 292.6 1,348.5 308.8 324.6 -9.5% +5.1% 633.4 -10.9% Automotive 178.2 190.4 185.5 148.8 70
Slide 13: Operating Profit and EBITDA by Segment
OPERATING PROFIT AND EBITDA*1 BY SEGMENT NON-GAAP 2024 2025 (B yen) 1Q 2Q 3Q 4Q Full-Year 1Q 2Q 1H YoY QoQ YoY (Jan-Mar) (Apr-Jun) (Jul-Sep) (Oct-Dec) (Jan-Dec) (Jan-Mar) (Apr-Jun) (Jan-Jun) Operating Profit 113.5 110.6 98.4 75.4 397.9 83.8 91.9 -18.7 +8.0 175.7 -48.4 (Margin) (32.3%) (30.8%) (28.5%
Slide 14: Statement of Financial Position
STATEMENT OF FINANCIAL POSITION GAAP (B yen) 24/3 24/6 24/9 24/12 25/3 25/6 Total Assets 3,233.7 3,663.0 4,201.6 4,490.4 4,195.5 3,872.2 Cash and Cash Equivalents*1 231.8 288.4 239.1 229.2 177.6 211.1 Inventories 171.4 178.1 173.1 176.5 175.6 165.7 Goodwill 1,453.8 1,589.1 2,036.7 2,256.2 2,134.5 2,
Slide 15: GAAP / Non-GAAP Reconciliation
GAAP / NON-GAAP RECONCILIATION 2024 2025 (B yen) 2Q (Apr-Jun) Full Year (Jan-Dec) 2Q (Apr-Jun) Gross Operating Net Gross Operating Net Gross Operating Net EBITDA EBITDA EBITDA Profit Profit Profit*1 Profit Profit Profit*1 Profit Profit Profit*1 Non-GAAP 203.6 110.6 96.7 132.8 756.3 397.9 360.4 486.2
Slide 16: 2Q 2025 Consolidated Operating Profit Bridge from Non-GAAP to GAAP
2Q 2025 CONSOLIDATED OPERATING PROFIT BRIDGE FROM NON-GAAP TO GAAP (B yen) 91.9 Former-Intersil PPA Effects Former-IDT PPA Effects Former-Dialog PPA Effects Former-Altium Other PPA Effects PPA Effects Stock-Based Compensation 39.8 Others Recurring Items Non-Recurring Items Non-GAAP GAAP © 2025 Renes
Slide 17: 2Q 2025 Financial Snapshot (GAAP)
2Q 2025 FINANCIAL SNAPSHOT GAAP 2024 2025 (B yen) 2Q 1H 1Q 2Q 1H YoY QoQ YoY (Apr-Jun) (Jan-Jun) (Jan-Mar) (Apr-Jun) (Jan-Jun) Revenue 358.8 710.6 308.8 325.5 -9.3% +5.4% 634.3 -10.7% Gross Margin 56.0% 56.1% 56.0% 55.7% -0.3pt -0.3pt 55.8% -0.2pt Operating Profit 69.7 147.5 21.5 39.8 -29.9 +18.3 61
Slide 18: Renesas at a Glance
RENESAS AT A GLANCE 2024 Highlight*1 Growth Trajectory*1 Revenue Gross Operating 1,500 (B yen) Margin Margin 60% Revenue Operating Margin FCF Margin *2 1,348.5 B yen 29.5% 12.5% 1,000 40% Gross Margin EBIDTA Margin EPS 500 20% 56.1% 36.1% 201.53 yen 0 0% 2019 2020 2021 2022 2023 2024 Revenue Composi
Slide 19: 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