Renesas Sees Loss From Wolfspeed Restructuring Agreement

June 22, 2025, 10:57 PM UTC

Renesas says it expects to record a loss as a result of entering a restructuring support agreement with Wolfspeed.

  • Says it sees possibility of ~250b yen loss in results for 6 months to June 2025; timing and amount may change
  • Related Story: Wolfspeed Nearing Bankruptcy Deal With Apollo, Other Lenders (2)

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To contact the reporter on this story:
Gareth Allan in Tokyo at gallan11@bloomberg.net

To contact the editors responsible for this story:
Go Onomitsu at gonomitsu@bloomberg.net

Seyoon Kim

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