Renesas Electronics, a major semiconductor manufacturer, held a general meeting of shareholders on the 31st, saying that it is rushing to recover with the aim of restarting production of semiconductors for automobiles, which has been stopped due to a fire at its main factory, within a month. I explained and asked shareholders for their understanding.
Renesas Electronics has stopped some production of semiconductors for automobiles at its main factory in Hitachinaka City, Ibaraki Prefecture on the 19th of this month due to a fire that burns manufacturing equipment, and there are concerns about the impact on automobile production and business performance. I am.
The company held a general meeting of shareholders on the 31st, and explained that President Hidetoshi Shibata is rushing to recover with nearly 1,000 people with the support of business partners, aiming to resume production within a month.
After resuming production, he explained that it would take more than three months for shipments to return to pre-fire levels, and a shortage of products equivalent to one and a half to two months would be expected.
In addition, regarding the impact on business performance, we estimated that the loss on sales would amount from approximately 17.5 billion yen to 24 billion yen, and asked shareholders to understand that we would reduce the loss through alternative production at another factory.
President Shibata said, "The damage to the factory is enormous. Although the hurdles are high due to physical damage and chemical pollution, we are working toward recovery as soon as possible."