Specifications | NOTICE OF THE 9TH ORDINARY GENERAL MEETING OF SHAREHOLDERS Renesas Electronics Corporation |
Business section |

Specifications | NOTICE OF THE 9TH ORDINARY GENERAL MEETING OF SHAREHOLDERS Renesas Electronics Corporation |
Business section |
Specifications | NOTICE OF THE 9TH ORDINARY GENERAL MEETING OF SHAREHOLDERS Renesas Electronics Corporation |
Outline | Notice_9th_SH_final_① Business_Report_9th_final_② Financial_Statements_final_③ |
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Content | 23 (3) Capital Expenditures of the Group During the Period, the Group invested a total of 43.5 billion yen in capital expenditures mainly aiming to expand facilities for using 200mm wafers, and other production facilities of back-end process mainly at overseas sites. (4) Financing Activities of the Group The Company newly issued shares to NEC Corporation, Hitachi Ltd. and Mitsubishi Electric Corporation by way of third party allotment as of April 1, 2010, and raised 134.6 billion yen for R&D investment to develop competitive products in global markets, investment to expand overseas sales, reform of business structure and repayment of interest-bearing debt. (5) Issues to be Addressed by the Group The Group has strongly implemented management strategies and various measures during the Period to attain following management targets; expanding business and strengthening product competitiveness , improving cost competitiveness , and expanding overseas businesses . However, the Great East Japan Earthquake has strongly affected operation of its business. Given this circumstance, the Group is putting all possible efforts into “rapid recovery from the earthquake and maximizing product supply to customers”. At the same time, the Group will expedite its efforts of “reforming its business structure to achieve stable and profitable management base”. (i) Rapid Recovery from the Earthquake and Maximizing Product Supply to Customers The Group production site damaged seriously by the Great East Japan Earthquake was the Naka factory, which is one of its major front-end processing sites. As a result of all-out efforts by the whole Group to restore this factory, the Group expects to restart part of its manufacturing at the Naka factory from June 2011, which is earlier than the Group’s original schedule. The Group will continue to put the greatest efforts possible into achieving a complete recovery. Also, as a response to the earthquake related problem of possible power shortages anticipated within the areas covered by the Tokyo Electric Power Company and Tohoku Electric Power Company, the Group will be making use of privately-owned electrical power facilities to secure stable operation at each of factories as well as be implementing energy conservation efforts at its offices and sites. With regard to the supply chain, the Group is working to assure stable procurement through multiple routes or to acquire alternative suppliers for production materials that have become hard to acquire as their suppliers suffered damages and spare parts for maintenance, many of which are custom-ordered and require longer manufacturing times. In addition to these efforts, the Group is putting all possible efforts into quickly launching alternate products and increasing the production capacity by utilizing the Group’s other factories and foundries to |
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Following Datasheets | 09Q1_Press_Release_Earnings_Release_Final (7 pages) 09Q1-Form-10Q (36 pages) 09Q2_Press_Release_Earnings_Release_Final (8 pages) 09Q2-Form-10Q (42 pages) 09Q3_Press_Release_Earnings_Release_FINAL (8 pages) 09Q3-Form10Q (39 pages) 09Q4_10-K (79 pages) 09Q4_Press_Release_Earnings_Release_Final (9 pages) 09salesreps (1 pages) 09_iiic_engfuellaw-08-h130-final (8 pages) |
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