Revenue mix centered on product sales and NRE sales

「Product revenue increased 10.4% from the previous consolidated fiscal year to ¥161,792 million, as sales of new mass-produced automotive products in China and certain industrial products increased from the second quarter onward, despite lower demand for communications equipment in China. NRE revenue was ¥38,325 million, down 6.6% from the previous consolidated fiscal year.」

「Group revenue mainly consists of product revenue received for products in the mass-production phase and NRE revenue received in stages for design and development costs. During the consolidated fiscal year under review, product revenue was ¥161,792 million, up 10.4% from the previous consolidated fiscal year. Although demand for communications equipment in the Chinese market declined, sales of new mass-produced products for automotive applications in China and certain industrial equipment began to increase from the second quarter onward. NRE revenue was ¥38,325 million, down 6.6% from the previous consolidated fiscal year.」

「Product revenue began increasing from the second quarter after bottoming in the first quarter, but declined 12.0% from the previous interim period to ¥70,357 million because of lower demand for communications equipment in China's data center and network market. NRE revenue was ¥16,428 million, down 12.4% from the previous interim period.」

「The group's revenue comprises product revenue received during mass production and NRE revenue received progressively for design and development costs. Product revenue was ¥79,952 million, down 21.2% from the previous interim period, because special demand for projects involving 5G base stations in China ended, demand for communications-related products in China's data center and network market declined, and demand for factory automation and office equipment in the industrial sector weakened. NRE revenue was ¥18,756 million, up 23.3% from the previous interim period, as several development projects using advanced technologies finer than 7nm for automotive applications and data centers were completed.」

「NRE revenue for the consolidated fiscal year increased 7.9% from the previous consolidated fiscal year to ¥37,609 million. Product revenue increased 16.7% to ¥182,876 million.」

「Product revenue was ¥141,954 million, up 28.8% year on year. NRE revenue was ¥27,110 million, down 1.8% year on year and approximately unchanged from the previous year, as development projects using advanced processes continued.」

「Product revenue was ¥101,439 million, up 52.9% year on year. Product volumes, particularly for advanced processes, increased as product development for new projects in data centers and networks, smart devices and automotive applications was completed and gradually moved into mass production. Short-term special demand from some customers in China and continued yen depreciation also contributed. NRE revenue was ¥15,215 million, down 5.4% year on year, as development projects using advanced processes continued.」

「Product revenue was ¥52,920 million, up 70.5% year on year. This reflected higher product volumes, particularly for advanced processes, as product development for projects acquired since the fiscal year ended March 2020 was completed and gradually moved into mass production, as well as short-term special demand from some customers in China and the impact of yen depreciation. NRE revenue was ¥8,381 million, approximately the same as in the same quarter of the previous year, as development projects using advanced processes continued.」

「NRE revenue for the consolidated fiscal year was ¥34,867 million. Product revenue increased substantially to ¥156,751 million, up 85.3% from the previous consolidated fiscal year.」

「Product revenue was ¥110,240 million, reflecting revenue contributions from products acquired since fiscal 2019, production progressing earlier than anticipated and the impact of yen depreciation. NRE revenue was ¥27,617 million, partly because development projects using advanced processes increased.」

「Product revenue was ¥66,325 million. NRE revenue was ¥16,087 million, partly because development projects using advanced processes increased, bringing revenue for the cumulative second quarter of the current consolidated fiscal period to ¥82,767 million.」