Renesas Electronics, a major semiconductor manufacturer, reported that although there was a fire at its main factory in Ibaraki prefecture last year, demand increased significantly due to a global shortage of semiconductors, so both sales and final profits It has become the highest ever since it became the current accounting standard.
The group's financial results for the year to December last year announced by the company were 994.4 billion yen, a 38% increase from the previous year, and the final profit was 127.2 billion yen, about 2.7 times higher.
Both sales and final profits have reached their highest levels since becoming the current accounting standard in 2018.
In Renesas, a fire broke out at its main factory in Ibaraki prefecture in March last year, production stopped for about a month, and it took another four months for product shipments to return to their original levels. rice field.
However, as the global semiconductor shortage continued, demand from automobile manufacturers and others increased significantly, and sales and profits of the acquired British semiconductor design company were also captured, resulting in favorable performance.
Renesas expects that demand for semiconductors will continue to be high, and that sales are expected to increase by about 60% from the same period of the previous year, even in the three-month earnings forecast from last month to next month. ..
President Hidetoshi Shibata said in an online press conference, "Demand continues to be strong, but we would like to be ready to respond immediately if the market changes."