Renesas Electronics Revises Full-Year Forecasts

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Net sales are expected to be 50.0 billion yen down from the previous forecast

Renesas Electronics Revises Full-Year Forecasts
Renesas Electronics Revises Full-Year Forecasts

Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, revised its consolidated financial forecasts for the full year (the period from April 1, 2012 to March 31, 2013), which it disclosed on December 10, 2012. As for the sales forecasts for the fiscal year ending March 31, 2013: net sales are expected to be 770.0 billion yen, 50.0 billion yen down from the previous forecast (announced on December 10, 2012); sales from semiconductors are expected to be 711.0 billion yen, 49.0 billion yen down from the previous forecast.

Posted on February 8, 2013 - (465 views)
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