Renesas Electronics reports FY 2021 net sales at USD8.57 billion, up 38.9% y/y
Operating profit ratio per revenue increased 18.5% y/y due to strong growth from automotive segment
Renesas Electronics reports fiscal year (FY) net sales of JPY994,418 billion (USD8.57 billion) with a 38.9% increase and full year ended 31 December 2021, according to a filing by the company on 9 February. Operating income for 2021 was JPY183,601 billion, an increase of 181.8 y/y from JPY65,142 billion in the previous year.
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