List of analysts from securities companies and research firms who make recommendations and reports concerning Renesas Electronics' business performance, etc. (in alphabetical order)

(as of November, 2022)

BofA Securities Japan Mikio Hirakawa
Citigroup Global Markets Japan Takero Fujiwara
Daiwa Securities Co., Ltd. Toru Sugiura
Goldman Sachs (Japan) Daiki Takayama
J.P. Morgan Securities Japan Masashi Itaya
Macquarie Capital Securities (Japan) Hiroshi Taguchi
Mizuho Securities Yoshitsugu Yamamoto
Morgan Stanley MUFG Securities Kazuo Yoshikawa
Nomura Securities Masaya Yamasaki
SBI Securities Yoshiharu Izumi
SMBC Nikko Securities Takeru Hanaya
Tokai Tokyo Securities Masahiko Ishino
UBS Securities Japan Kenji Yasui

The above-mentioned analysts are those who we confirmed as writers of reports on Renesas Electronics. This list is subject to change as firms atd or delete coverage of Renesas Electronics. Please note it is possible that there are other analysts who perform analyses of Renesas Electronics, and that the table does not always show the most updated list of such analysts.

The information in this table is solely for informational purposes, and is not intended as a solicitation to make investments. Please note that any opinions, estimates or forecasts regarding Renesas Electronics' historical or predicted performance made by the analysts at these firms are theirs alone and do not represent opinions, forecasts or predictions of Renesas Electronics or its management. Renesas Electronics does not by listing these firms imply its endorsement of or concurrence with such forecasts, opinions or recommendations.

Analysts examine Renesas Electronics' performance, businesses, products and technologies, and make forecasts based on their independent judgments. Please be aware that neither Renesas Electronics nor its management is in any way involved in this process.

If you actually intend to trade stock, please make such decisions in accordance with your own judgment and responsibility.