Renesas Electronics Corp

Good afternoon, ladies and gentlemen. Thank you very much for joining us. It applies to a busy schedule for the RENESAS Electronics second quarter 2026 earnings call. With regards to the starting time of this earnings call, I would like to deeply apologize for making the change in short notice. We have simultaneous interpretation channel available. Please use the interpretation icon at the bottom of the screen to choose the language of your choice. and so please could I have other speakers turn on their videos please. In today's earnings call we have our CEO Mr. Hidetoshi Shibata as well as our CFO Mr. Shuhei Shinkai as well as our other staff attending this earnings poll. First, we will have our CEO, Mr. Shibata, give you an opening remark and then Mr. Shinkai will be explaining about the second quarter earnings. and that will be followed by Q&A. And we're planning to spend a total of 16 minutes for the earnings call. And the materials that are used in this earnings call are the same as the materials posted in our webpage IR site. Mr. Shibata, please turn on your mic.

Hello, my name is Shibata. As Sato-san mentioned earlier, Very sorry about changing of the time on a short notice. And in regards to the earthquake, we've had to make some internal confirmation work, so very sorry we had to change the time for this earnings call. And as for this earthquake, of course, there are some things that are not yet known and But overall speaking, the impact to our earnings should be limited. And as for the Nishiki factory, the back-end factory, the full production has been resumed and the impact seems to be limited. And as for the Kawashiri, the front-end factory, this accounts for about 13% of the company-wide sales. and already the wafer testing has been resumed and in operation. And now for the pure water and the water leakage repairs and confirmation has been going on and there has been some damages to the facilities which we are trying to repair and resume. and we expect the production to resume on August 5. But as for the Daiba Bank and the inventory, fortunately speaking, we have secured those beforehand. So we think that these impacts on our performance should be limited. And as for the Kyushu area, OSAT partner, has been impacted by the earthquake as well, and as of today, their outlook, we think, is going to be limited on the business as well. So, all in all, the impact of the earthquake should be limited to our results. However, on the other hand, when it comes to our customers' situation, There are some cases that supply chain has been suspended, so we need to be very carefully monitoring them in the future. So that is about the earthquake. And in terms of the human safety and injuries, it is limited and it's nothing serious.

And at the same time,