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    6723   JP3164720009

RENESAS ELECTRONICS CORPORATION

(6723)
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Renesas Electronics : LGBTQ Initiatives Received Silver Rating in PRIDE Index 2021

11/16/2021 | 02:16am EST

TOKYO, Japan ― Renesas Electronics Corporation (TSE:6723), a premier supplier of advanced semiconductor solutions, today announced it has received a silver rating for the ''PRIDE Index 2021," an index that evaluates LGBTQ-inclusive initiatives of corporations and organizations in Japan.

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The PRIDE Index 2021 was established in 2016 by the "work with Pride" association, and is Japan's first benchmark tool that evaluates inclusive policies and programs for LGBTQ (lesbian, gay, bisexual, transgender and queer or questioning) sexual minorities. The PRIDE Index has been held annually since 2016, and it recognizes companies and organizations for their support to foster a LGBTQ-friendly workplace. Companies are evaluated based on five categories and graded into three levels: Gold, silver and bronze.

Diversity, Equity and Inclusion (DE&I) has been an important part of Renesas' corporate culture and Renesas is fully committed to providing equality in the workplace. For example, in June 2021, Renesas revised its Human Resources (HR) policies in Japan to accept common-law partners including same-sex couples and has implemented a new system among other LGBTQ-friendly programs. In addition, Renesas has pledged support for "Business for Marriage Equality (BME)," a campaign for companies to show support in advancing equality for marriage laws in Japan. Renesas will continue to challenge itself and strive to achieve an inclusive and equitable workplace for everyone.

For more information on Renesas' DE&I activities, visit Renesas' Sustainability website.

About Renesas Electronics Corporation

Renesas Electronics Corporation (TSE: 6723) delivers trusted embedded design innovation with complete semiconductor solutions that enable billions of connected, intelligent devices to enhance the way people work and live. A global leader in microcontrollers, analog, power, and SoC products, Renesas provides comprehensive solutions for a broad range of automotive, renesas.com. Follow us on LinkedIn, Facebook, Twitter, YouTube, and Instagram.

(Remarks) All names of products or services mentioned in this press release are trademarks or registered trademarks of their respective owners.

The content in the press release, including, but not limited to, product prices and specifications, is based on the information as of the date indicated on the document, but may be subject to change without prior notice.

Disclaimer

Renesas Electronics Corporation published this content on 16 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 November 2021 07:15:05 UTC.


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Sales 2021 973 B 8 442 M 8 442 M
Net income 2021 128 B 1 106 M 1 106 M
Net Debt 2021 675 B 5 861 M 5 861 M
P/E ratio 2021 18,5x
Yield 2021 -
Capitalization 2 399 B 20 827 M 20 813 M
EV / Sales 2021 3,16x
EV / Sales 2022 2,45x
Nbr of Employees 20 814
Free-Float 61,9%
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Number of Analysts 14
Last Close Price 1 234,00 JPY
Average target price 2 117,86 JPY
Spread / Average Target 71,6%
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Managers and Directors
Hidetoshi Shibata Chairman, President & Chief Executive Officer
Shuhei Shinkai Chief Finance Officer & Executive Officer
Shinichi Yoshioka Chief Technology Officer & Executive Officer
Tetsuro Toyoda Independent Non-Executive Outside Director
Jiro Iwasaki Independent Non-Executive Outside Director
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