Renesas Statistics By Operating Profit, Sales, Employees, Total Assets, Market Growth and Facts

Maitrayee Dey
Written by
Maitrayee Dey

Updated · Oct 25, 2024

Rohan Jambhale
Edited by
Rohan Jambhale

Editor

Renesas Statistics By Operating Profit, Sales, Employees, Total Assets, Market Growth and Facts

Introduction

Renesas Statistics: Renesas Electronics is a Japanese semiconductor company headquartered in Tokyo, Japan. The company provides high-quality semiconductor products to corporations such as Hitachi and Mitsubishi. In the past, it was one of the biggest semiconductor manufacturers in the world.

As we go through the Renesas Statistics, we will learn more about the company and the factors that have played a significant role in its success on a holistic basis. With a comprehensive analysis, we can learn   Renesas’s performance metrics, market position, and strategic initiatives that have shaped its current status in the global semiconductor landscape.

Editor’s Choice

  • Renesas achieved peak operating profit of ¥424.15 billion in 2022, demonstrating strong financial performance.
  • Total assets reached ¥3.17 trillion in 2023, showing significant growth from previous years.
  • The employee count grew to 21.2 thousand in 2023, marking the highest workforce level.
  • Global semiconductor industry revenue reached $527 billion in 2023.
  • Asia Pacific region dominated semiconductor sales with $289.99 billion in revenue in 2023.
  • The industry growth rate stood at 16% in 2023, with a projected 12.5% growth in 2024.
  • Integrated circuit market revenue hit $422.17 billion in 2023.
  • Renesas ranks second among Japanese semiconductor companies by employee count.
  • Operating profit recovered from ¥6.26 billion in 2019 to ¥173.83 billion in 2021.
  • The Americas contributed $134.28 billion to global semiconductor revenue.
  • Europe generated $55.76 billion in semiconductor revenue.
  • Japan’s semiconductor revenue reached $46.75 billion.
  • The integrated circuit market is expected to reach $487.45 billion by 2024.
  • The lowest employee count was 18.75k in 2020 during the restructuring period.
  • The semiconductor industry is projected to reach $6.87 trillion by 2025.

Renesas Operating Profit

operating-profit-of-renesas-electronics-corporation-from-fiscal-year-2017-to-2023

(Reference: statista.com)

Renesa statistics show that the company’s operating profit showed significant fluctuations, indicating potential challenges and recovery phases.

  • Operating profit in 2017 was ¥101.86 billion, marking a solid financial performance for Renesas Electronics.
  • 2019 saw a significant drop, with the operating profit falling to ¥6.26 billion, the lowest in the observed period.
  • A notable recovery occurred in 2021 when the operating profit increased to ¥173.83 billion.

Renesas Electronics Employees

number-of-employees-working-for-renesas-electronics-corporation-from-fiscal-year-2017-to-2023

(Reference: statista.com)

  • Renesas Statistics show that the employee count remained relatively stable from 2017 to 2023, with slight fluctuations but no drastic changes.
  • The lowest employee count was recorded in 2020, with 18.75k
  • The number of employees grew to 21.02 thousand in 2022 and reached its peak of 21.2 thousand in 2023.
  • The lowest number of employees was in 2020, with 18.75K, possibly due to restructuring, external challenges, or strategic changes.

Renesas Electronics Total assets

total-assets-of-renesas-electronics-corporation-from-fiscal-year-2017-to-2023

(Reference: statista.com)

  • Renesas Statistics show that from 2017 to 2023, Renesas Electronics experienced overall growth in total assets despite some fluctuations in earlier years.
  • Total assets increased to ¥2.43 trillion in 2021, reflecting a substantial rise compared to previous years.
  • Total assets increased to ¥2.43 trillion in 2021, reflecting a substantial rise compared to previous years, and in 2023, Renesas Electronics recorded its highest asset level of ¥3.17 trillion.
  • The company recovered and grew its asset base despite external challenges, such as market fluctuations or global conditions.

Market Revenue of The Semiconductor Industry

(Reference: statista.com)

  • The semiconductor industry has witnessed significant growth in recent years, and Renesas’s growth can be compared to the industry’s.
  • Renesas statistics show that as of 2023, the semiconductor industry had a market revenue of around $527 billion.
  • The semiconductor industry is predicted to grow enormously by the end of 2025, reaching a value of $6.87.38 billion.

Semiconductor Market Growth

semiconductor-market-revenue-growth-worldwide-from-1988-to-2025

(Reference: statista.com)

  • Renesas statistics show that the semiconductor industry’s market growth has fluctuated over the past 35 years.
  • The graph shows that the industry usually experiences positive growth in a year and negative growth in subsequent years.
  • As of 2023, the industry showed a positive % growth rate of 16%.
  • By the end of 2024, the Semiconductor industry is predicted to post a positive growth rate of 12.5%.

Integrated Circuit Market Revenue Worldwide

integrated-circuit-ic-market-revenue-worldwide-from-2009-to-2024

(Reference: statista.com)

  • The integrated circuit is the backbone of the semiconductor industry, and all chips are based on this technology.
  • Renesas statistics show that by the end of 2023, the integrated circuit market showcased revenue of $422.17 billion.
  • The integrated circuit market is expected to reach $487.45 billion by 2024.

Semiconductor Sales Worldwide By Region

-semiconductor-sales-worldwide-from-2015-to-2023-by-region

(Reference: statista.com)

  • Renesas Statistics show that the semiconductor industry has witnessed growth in sales from different regions.
  • Revenue regions can be broadly divided into the Americas, Europe, Japan, and Asia Pacific.
  • The Asia Pacific region has consistently provided the most significant revenue. In 2023, it posted $289.99 billion in revenue.
  • When comparing the revenue of other regions, one may find revenue of $134.28 billion, $55.76 billion, and $46.75 billion from the Americas, Europe, and Japan.

Top Semiconductor Companies in Japan

leading-semiconductor-companies-in-japan-as-of-april-2024-based-on-the-number-of-employees

(Reference: statista.com)

  • Renesas Statistics show that Rohm Corporation has the highest number of employees among semiconductor companies in Japan, with 74 thousand employees.
  • Tokyo Electron stands out: As a major player, Tokyo Electron maintains a large workforce, indicating its significant role in the semiconductor industry.
  • Wide employee distribution: There is a notable disparity in employee numbers between companies, with the top three employing significantly more than the others.
  • Smaller companies like Maruwa and Lasenies have smaller workforces, indicating a more specialized or niche market focus in the semiconductor industry.

List of Renesas Products

Analog Products

  • Automotive Photocouplers
  • Automotive Power Management
  • Automotive MCUs (RL78, RH850)
  • RZ Automotive MPUs
  • Automotive SoCs (System-on-Chips)
  • Automotive Timing
  • Automotive Battery Management
  • Automotive Cell Balancing and Safety
  • Automotive Power Devices
  • Automotive Driver ICs
  • Automotive LED Drivers
  • Automotive Motor Control
  • Automotive Intelligent Power Devices (IPD)

Microcontrollers & Microprocessors

  • RX Arm Cortex-M MCUs
  • RX 32-bit Power-Efficient MCUs
  • RX 32-bit Performance/Efficiency MCUs
  • RISC-V 32- & 64-bit MCUs and MPUs
  • RL78 16-bit Power-Efficient MCUs
  • RH850 Automotive MCUs
  • Synergy™ Platform MCUs

Power Discretes

  • Power Diodes
  • Power MOSFETs
  • Power IGBTs (Insulated Gate Bipolar Transistors)
  • Power Thyristors & Triacs
  • Power Discrete Thyristors
  • Power Discrete Triacs

RF Products

  • Modulators & Demodulators
  • Phased Array Beamformers
  • RF Amplifiers
  • RF Attenuators
  • RF Mixers
  • RF Switches
  • RF Synthesizers
  • Transistor Arrays
  • Variable Gain Amplifiers (VGA)

Sensor Products

  • Environmental Sensors (Humidity & Temperature Sensors, Intelligent Sensor Modules, Metal Oxide Gas Sensors)
  • Flow Sensors
  • Optical Sensors (Ambient Light Sensors, Laser Diode Drivers, Proximity Sensors)
  • Position Sensors
  • Sensor Signal Conditioners (SSC/AFE)
  • Automotive Sensors (Automotive Light Sensors, Automotive Position Sensors, Automotive Signal Conditioners)

Wireless Connectivity

  • Bluetooth® Low Energy
  • Wi-Fi
    • Low-Power Wi-Fi
    • Wi-Fi 6/6E Networking
  • DECT
  • NFC
  • Sub-GHz/IN-SUN Transceivers
  • Wireless Audio
  • Wireless Baseband Modem (RapidWave™)

Programmable Mixed-Signal, ASIC & IP Products

  • ForgeFPGA Low-density FPGAs
  • GreenPAK™ Programmable Mixed-Signal Products
  • GreenPAK™ with Extended Temperature Ranges
  • AnalogPAK™
  • Configurable AnalogPAK™
  • Dual Supply GreenPAK™
  • GreenPAK™ with Asynchronous State Machine
  • GreenPAK™ with In-System Programmability
  • GreenFET™ Drivers
  • Other GreenPAKs
  • Intellectual Property (IP)
    • Interface IPs
    • Monitor IPs
    • Processor IPs
    • Security IPs
    • ASIC IPs
    • Other IPs
  • Mixed-Signal ASICs
    • Communication ASICs
    • Consumer ASICs
    • Industrial ASICs
    • Other ASIC IPs

Memory & Logic

  • Bus Switch (CBT, QuickSwitch™)
  • Logic Solutions (74HC, AHC, LV-AHC, etc.)
  • EMB (Embedded Host Bridges)
  • FIFO Products (Asynchronous/Synchronous FIFOs)
  • Memory Interface Products (DDR Solutions, I2C Bus, etc.)
  • Standard Logic (Low-Voltage CMOS, Fast CMOS, etc.)

Space & Harsh Environment

  • Rad Hard Hermetic Package Products (Rad Hard Analog, Rad Hard Converters, Rad Hard Digital)
  • Rad Hard Plastic Package Products (Rad Hard Analog, Rad Hard Converters, Rad Hard Digital)
  • Rad Tolerant Plastic Package Products
  • Harsh Environment Products
    • ADC/DAC Converters
    • Comparators
    • Microprocessors & Peripherals
    • Signal Conditioners

(Source: renesas.com)

Renesas Overview

  • Renesas Electronics Corporation is a leading semiconductor company, and its recent performance provides significant insights into its growth, market position, and operational dynamics. As of 2023 and 2024, Renesas continues solidifying its market presence globally, making notable advances in semiconductor technology while expanding its financial capabilities.
  • In 2023, Renesas Electronics recorded an operating profit of ¥390.77 billion, showing strong profitability even after a peak of ¥424.15 billion in 2022. This steady financial performance indicates the company’s resilience and ability to manage market challenges, making it an essential player in the semiconductor industry. Analyzing Renesas Statistics from a market researcher’s point of view reveals a company that has effectively expanded its revenue streams while maintaining operational efficiency.
  • The company’s total assets also followed a solid upward trajectory. In 023, Renesas reported assets worth ¥3.17 trillion, significantly higher than the ¥2.81 trillion recorded in 2022. This 2023 figure showcases continued growth and indicates further expansion in the company’s infrastructure and market investments. Fromincreasingoint, Renesas Electronics has demonstrated sustained asset accumulation, a key indicator of its healthy financial position in the competitive semiconductor market.
  • Renesas Statistics related to employee count highlight the company’s expansion and growth scale. In 2023, Renesas employed 21 thousand workers, showing an increase from 21.02 thousand in 2022. This workforce growth points to ongoing developments within the company, especially in its research and development (R&D) departments, which are crucial for advancing semiconductor technology. As the company continues to grow, its demand for skilled workers also rises, making human capital a significant part of Renesas’ strategic approach.
  • From 2022 to 2023, Renesas also saw an increase in its capital investments, reflecting its focus on expanding production capacity and innovating new semiconductor technologies. These investments align with global trends where demand for semiconductors continues growing, particularly in the automotive, communications, and consumer electronics industries. As a market researcher, I have analyzed Renesas’s statistics from 2023, which shows that the company is responding well to these market demands by increasing its manufacturing capabilities and investing in advanced technology.
  • The semiconductor market is highly competitive, and Renesas has secured its place among the top players, especially in Japan. As of April 2024, Renesas ranked second in Japan in terms of the number of employees in the semiconductor sector, employing 21 thousand workers. This positioning places Renesas just behind Rohm Corporation, which has 23.74 thousand employees. The fact that Renesas ranks this high in employee count reflects its substantial influence in the semiconductor market. It also emphasizes the company’s efforts to maintain a strong in domestic and international markets.
  • Renesas Statistics from 2024 further highlight the company’s strategic focus on mergers and acquisitions (to expand its technological capabilities. In recent years, Renesas has acquired several companies to strengthen its product offerings, particularly in areas such as embedded systems, automotive electronics, and communication technology. These acquisitions have enabled Renesas to diversify its product portfolio and tap into new markets, allowing it to leverage the latter in semiconductor design and manufacturing innovations.
  • The financial metrics of Renesas Electronics in 2023 and 2024 also reflect its focus on maintaining profitability while investing in long-term growth strategy; Renesas reported a consistent increase in revenues, driving strong demand for semiconductors in various industries. The automotive sector, in particular, has been a critical key area of growth for Renesas as the global shift toward electric vehicles (EVs) has boosted demand for advanced automotive chips. By analyzing Renesas Statistics, it becomes clear that the company’s focus on sectors with high growth potential, like automotive and industrial IoT, plays a significant role in its overall financial success.
  • In 2023, the semiconductor market faced supply chain disruptions and global economic uncertainty. However, Renesas managed to navigate these challenges effectively; as reflected in its operating profit and total assets, the company’s financial performance ts shows that Renesas has implemented robust risk management strategies, allowing it to maintain operational continuity and meet market demand. This adaptability is a creditor of the company’s ongoing success, especially in a sector as dynamic as semiconductors.
  • Moreover, Renesa’s Statistics from 2024 reveal that the company prioritizes innovation through research and development. Renesas will allocate significant revenue towards R&D in 2023, focusing on creating cutting-edge technologies such as AI-driven chips, automotive microcontrollers, and energy-efficient semiconductor solutions. This emphasis on innovation is crucial for maintaining competitiveness in the fast-evolving semiconductor industry, where technological advancements are vital to gaining a competitive advantage4; Renesas continues to strengthen its global footprint. The company initiated substantial inroads into North American and European markets, particularly with higher demand for automotive and industrial semiconducting. This geographic expansion aligns with global semiconductor trends, where companies are diversifying their market presence to mitigate regional risks and capitalize on global opportunities. The strategic moves made by Renesas, as shown in the 2023 and 2024 Renesas, indicate the company is well-positioned for future growth.
  • In terms of future outlook, Renesas is expected to continue its strong performance into 2024 and beyond. The demand for semiconductors in various sectors is anticipated mainly due to industries like automotive and telecommunications increasingly relying on semiconductor technology. Renesolid expected to leverage its strong financial position and technological advancements to capitalize on these trends, ensuring continued growth in the years to come.
  • Analyzing Renesa statistics from 2023 and 2024 shows a company typically invests in growth while maintaining operational efficiency; Renesas has solidified its position as a leading semiconductor induced and, both Indian and global, through its solid asset base, growing workforce, and continued investments in innovation.

Conclusion

Renesas Electronics has proven itself to be a resilient and forward-thinking player in the global semiconductor industry. The    Renesas Statistics showed that from 2017 to 2023, it demonstrated its ability to navigate market challenges while maintaining steady growth and operational efficiency;

Renesas appears well-equipped to capitalize on emerging opportunities in the semiconductor market, particularly in electric vehicles, IoT, and industrial automation. With substantial financial fundamentals, a diverse product portfolio, and a clear strategic vision, Renesas Electronics is positioned to remain a leading force in the global semiconductor industry.

Sources

FAQ.

What is Renesas Electronics?

Renesas Electronics is a Japanese semiconductor company headquartered in Tokyo that specializes in high-quality semiconductor products.

What are Renesas’s main products?

Renesas offers a range of products, including analog products, automotive solutions, microcontrollers, power discrete, RF products, and sense regarding

How many employees does Renesas have?

As of 2023, Renesas employs approximately 21.2 thousand people worldwide.

What was Renesas’s latest operating profit?

In 2023, Renesas recorded an operating profit of ¥390.77 billion.

Where does Renesas rank among Japanese semiconductor companies?

Renesas ranks second in Japan in terms of employee count, following Rohm Corporation.

What are Renesas’s total assets worth?

As of 2023, Renesas’s total assets were valued at ¥3.17 trillion.

Which market segment is most vital for Renesas?

The automotive sector, particularly electric vehicle components, is a key growth area for Renesas.

How has Renesas’s growth strategy evolved?

Renesas focuses on mergers and acquisitions and invests heavily in research and development (R&D) and innovation.

What is Renesas’s market position in the global semiconductor industry?

Renesas is a significant player, with particular strength in the automotive and industrial semiconductor sectors.

What are the central regions where Renesas operates?

Renesas has a strong presence in Japan, North America, Europe, and Asia-Pacific.

Maitrayee Dey
Maitrayee Dey

Maitrayee Dey has a background in Electrical Engineering and has worked in various technical roles before transitioning to writing. Specializing in technology and Artificial Intelligence, she has served as an Academic Research Analyst and Freelance Writer, particularly focusing on education and healthcare in Australia. Maitrayee's lifelong passions for writing and painting led her to pursue a full-time writing career. She is also the creator of a cooking YouTube channel, where she shares her culinary adventures. At Smartphone Thoughts, Maitrayee brings her expertise in technology to provide in-depth smartphone reviews and app-related statistics, making complex topics easy to understand for all readers.

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