Renesas Electronics Announces Consolidated Financial Forecasts for the First Quarter Ending June 30, 2014

  Renesas Electronics Announces Consolidated Financial Forecasts for the First   Quarter Ending June 30, 2014  Business Wire  TOKYO -- May 9, 2014  Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced the consolidated financial forecasts for the three months ending June 30, 2014.  1. Consolidated forecasts for the three months ending June 30, 2014                                                                 (April 1, 2014 to  In millions of yen June 30, 2014)                                 Operating   Ordinary   Net Income   Net Income                    Net Sales   Income      Income     (Loss)       (Loss) per                                 (Loss)      (Loss)                  Share Original            ---         ---         ---        ---          --- forecasts Forecasts as of     202,000     20,000      17,500     14,000       8.40 May 9, 2014 Increase            ---         ---         ---        ---          --- (decrease) Percent change      ---         ---         ---        ---          --- Reference:  Results for the     199,057     9,779       8,538      (3,990)      (9.57) three months ended June 30, 2013                                                                       The consolidated forecasts for the first quarter ending June 30, 2014 are calculated at the rate of 100 yen per USD and 136 yen per Euro.  Refer to Renesas Electronics’ press release “Renesas Electronics Reports Financial Results for the Year Ended March 31, 2014” issued on May 9, 2014 for more details.  Forward-Looking Statements  The statements in this press release with respect to the plans, strategies and financial outlook of Renesas Electronics and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to several important factors including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast.  About Renesas Electronics Corporation  Renesas Electronics Corporation (TSE: 6723), the world’s number one supplier of microcontrollers, is a premiere supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad-range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in 20 countries worldwide. More information can be found at www.renesas.com.  Contact:  Renesas Electronics Corporation Media Contacts Kyoko Okamoto, +81 3-6756-5555 pr@renesas.com or Investor Contacts Makie Uehara, +81 3-6756-5552 ir@renesas.com  
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