Renesas forecasts lower revenue amid inventory adjustments, market softening

Renesas Electronics (TSE: 6723) has revised its consolidated earnings forecast for the second quarter of fiscal year 2025, projecting revenue between JPY 603.277 billion and JPY 618.277 billion. This announcement acknowledges the semiconductor industry's susceptibility to rapid environmental changes, making precise forecasting difficult. The expected decline stems from market softening and inventory adjustments within the distribution channel, primarily impacting the automotive and industrial/infrastructure/IoT sectors.