Renesas Q1 profit attributable to owners jumps 162.1% to 68.1 billion yen

• Renesas posted profit attributable to owners of parent of JPY 68.1 billion for three months ended March 31, 2026, more than doubled from a year earlier.
• Revenue climbed 23.2% to JPY 380.3 billion.
• Operating profit surged to JPY 90.6 billion from a year earlier, up 320.7%.
• Non-GAAP revenue was JPY 372.3 billion, reflecting exclusion of Timing business from non-GAAP measures starting February 2026 due to a planned business transfer.
• For six months ending June 30, 2026, forecast non-GAAP revenue is JPY 752.8 billion to JPY 767.8 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Renesas Electronics Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202604232000BIZWIRE_USPR_____20260423_BW792907) on April 24, 2026, and is solely responsible for the information contained therein.