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Renesas Forecasts Financials Amid Restructuring and Subsidiary Expansion

July 25, 2025 at 12:13 AM UTCBy FilingReader AI

Renesas forecasts non-GAAP revenue of JPY 955,914 million to JPY 970,914 million for the nine months ending September 30, 2025. The company recorded a JPY 235 billion loss in the six months ended June 30, 2025, from a restructuring support agreement with Wolfspeed. Renesas also announced a new US subsidiary for its Software & Digitalization business, expected to exceed 30% of total equity. This strategic move aims to enhance governance and operational efficiency.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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