Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
SYS-CON.TV
Today's Top SOA Links


Renesas Electronics Revises Full-Year Forecasts

Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today 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.

1. Revised forecasts for the full-year consolidated financial results

(For the year ending March 31, 2013)   

         

In millions of yen

   

Net
Sales

 

(Reference)
Sales from
Semiconductors

 

Operating
Income
(Loss)

 

Ordinary
Income
(Loss)

 

Net
Income
(Loss)

 

Net Income
(Loss) per
Share (Yen)

Previous forecasts

(As of December 10, 2012)

820,000 760,000 21,000 10,000 (150,000) (359.60)
Revised forecasts

(As of February 8, 2013)

770,000 711,000 (26,000) (34,000) (176,000) (421.94)
Increase (decrease) (50,000) (49,000) (47,000) (44,000) (26,000)
Percent change (6.1) (6.4)
Reference:

Results for the year

ended March 31, 2012

883,112 786,033 (56,750) (61,228) (62,600) (150.08)
 

Background to the revision of full-year forecasts

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.

Sales from semiconductors for the three months ended December 31, 2012, were lower than the expectation. This was mainly due to a decline in demand of semiconductors for automotive and industrial applications which were expected to recover the demand at certain level in the second half of the fiscal year ending March 31, 2013 as well as semiconductors for consumer electronics whose sales were expected to be steady through a large-scale custom project, influenced by production decrease at customers due to the prolonged downturn of the global economy. In addition to this, production decrease of automotive, electronic and other equipment for China also brought further impact on demand of semiconductors through the period. Moreover, the Group expects sales from semiconductors for the three months ending March 31, 2013 also to fall below its original expectation due to the same factors at the previous quarter. For these reasons, the Group has made a downward revision to its forecasts for both net sales and sales from semiconductors. The Group expects the sales from three product areas; MCUs, Analog & Power Devices and SoC solutions; to be lower than the previous forecasts respectively.

As for the earnings forecasts for the fiscal year ending March 31, 2013, despite the Group’s efforts on holding down costs including personnel expenses, lower profit is expected along with decrease in sales from semiconductors and production decrease. Therefore, the Group has revised the earnings forecasts as follow: operating loss is expected to be 26.0 billion yen, 47.0 billion yen down from the previous forecast; ordinary loss is expected to be 34.0 billion yen, 44.0 billion yen down from the previous forecast; net loss is expected to be 176.0 billion yen, 26.0 billion yen down from the previous forecast.

The consolidated financial forecasts for the fiscal year ending March 31, 2013 are based on the rate of 83 yen per USD and 109 yen per Euro for the average of the second half of the fiscal year ending March 31, 2013, 82 yen per USD and 106 yen per Euro for the average of the full fiscal year ending March 31, 2013.

Details will be explained in Renesas' announcement of financial results for the third quarter ended December 31, 2012 on February 8, 2013.

Forward-Looking Statements

The statements in this press release with respect to the plans, strategies and financial outlook of Renesas Electronics and its consolidated subsidiaries (collectively “we”) are forward-looking statements involving risks and uncertainties. We caution you in advance that actual results may differ materially from such forward-looking statements due to several important factors including, but not limited to, general economic conditions in our markets, which are primarily Japan, North America, Asia, and Europe; demand for, and competitive pricing pressure on, products and services in the marketplace; ability to continue to win acceptance of products and services in these highly competitive markets; and fluctuations in currency exchange rates, particularly between the yen and the U.S. dollar. Among other factors, downturn of the world economy; deteriorating financial conditions in world markets, or deterioration in domestic and overseas stock markets, may cause actual results to differ from the projected results forecast.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723), the world’s number one supplier of microcontrollers, is a premier supplier of advanced semiconductor solutions including microcontrollers, SoC solutions and a broad-range of analog and power devices. Business operations began as Renesas Electronics in April 2010 through the integration of NEC Electronics Corporation (TSE:6723) and Renesas Technology Corp., with operations spanning research, development, design and manufacturing for a wide range of applications. Headquartered in Japan, Renesas Electronics has subsidiaries in 20 countries worldwide. More information can be found at www.renesas.com.

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Web 2.0 Latest News
Windows Server 2003 End of Support is here and there is little most enterprises can do at this point to change the fact that they are now dependent on an unsupported operating system. Here we are at Microsoft's World Wide Partner Conference again, muttering "I'm late, I'm late," just l...
With worldwide spending on cloud services and infrastructure growing by 23% in 2015 to $118B, it is clear that cloud services are here to stay. Yet, the rate of cloud adoption varies by companies and markets around the world. With thousands of outages and hijacks across the Internet ev...
SaaS businesses can be overwhelmingly complex. If the multi-tenant, cloud-based technology isn’t enough, there’s the recurring revenue model which creates all kinds of challenges from accounting to sales compensation to funding. Then, there’s the marketing. Getting noticed on the Inter...
Conservation International (CI) in Arlington, Virginia uses new technology to pursue more data about what's going on in tropical forests and other ecosystems around the world. As a non-profit, they have a goal of a sustainable planet, but we're going to learn how they've learned to m...
Today enterprises are facing a massive challenge that will require new strategies and investment. In fact, 80 percent of survey participants reported that increasing demand for mobile apps is forcing IT departments to rethink and change how they have designed IT environments. Rethinki...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021




SYS-CON Featured Whitepapers
ADS BY GOOGLE