Worth reading
83Important
Scored from 2 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
4433
¥100 millionWording
Avoiding a definitive answer
How definitive the wording is.This transaction
Transfer of the Company's timing businessCounterpartySiTime Corporation
Disclosing companyRenesas Electronics Corporation
Execution Date / Effective Date1 July 2026 (completion date of the transfer)
Consideration and expenses
Amount of extraordinary income (loss)Gain on transfer: approximately ¥443.3 billion, scheduled to be recorded in the consolidated results for the nine months ended 30 September 2026
Impact on Business Performance
The Company plans to record a gain on transfer of approximately ¥443.3 billion in its consolidated results for the nine months ended 30 September 2026. The amount and timing of recognition may increase, decrease or change in the future and are scheduled to be finalized following discussions with the audit firm.
| Item | Details |
|---|---|
| Transaction name | Transfer of the Company's timing business |
| Counterparty name | SiTime Corporation |
| Amount of extraordinary income (loss) | Gain on transfer: approximately ¥443.3 billion, scheduled to be recorded in the consolidated results for the nine months ended 30 September 2026 |
| Impact on Business Performance | The Company plans to record a gain on transfer of approximately ¥443.3 billion in its consolidated results for the nine months ended 30 September 2026. The amount and timing of recognition may increase, decrease or change in the future and are scheduled to be finalized following discussions with the audit firm. |
| Execution Date / Effective Date | 1 July 2026 (completion date of the transfer) |
Items this document does not state (27)
Name of the Subject CompanyBusiness Description of the Subject CompanyLocation of the Subject CompanyCapital Stock of the Subject CompanyDate of Establishment of the Subject CompanyNet Sales of the Subject CompanyOperating Profit of the Subject CompanyNet Income of the Subject CompanyNet Assets of the Subject CompanyAcquisition priceExpenses other than the acquisition priceType of ConsiderationMerger ratio/share exchange ratioTender offer priceMinimum number of shares to be purchasedTender offer periodNumber of shares acquiredVoting rights ownership percentageFunding arrangementsGoodwill amountDate of board resolutionContract DateValuation methodologyIndependent valuation institutionSpecial CommitteeConditions Precedent to ExecutionManagement structure after acquisition
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To further develop the partnership with SiTime Corporation.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.