TOKYO, Jan 19, 2026, 09:40 JST — Regular session
Renesas Electronics Corp (6723.T) shares edged lower in early Tokyo trade Monday, slipping about 0.8% to 2,310.5 yen by 9:40 a.m. The stock fluctuated between 2,307 and 2,326 yen. The yen firmed, and fresh tariff concerns weighed on investor sentiment. Renesas has traded within a 52-week range of 1,320 to 2,750 yen. 1
Currency swings matter more than ever for Japanese tech firms with global reach. Renesas, known for its microcontrollers and other chips powering cars and industrial gear, operates in sectors vulnerable to changing growth forecasts and trade rules. 2
Investors are gearing up for Feb. 5, when Renesas will release its full-year 2025 results, per the company’s financial calendar. The market will be watching closely for demand forecasts and any comments on customer inventory, which could steer the stock’s next move. 3
The yen strengthened after U.S. President Donald Trump threatened fresh tariffs on several European nations unless the U.S. gets the green light to buy Greenland, steering investors toward safer bets. The dollar slipped 0.33% to 157.59 yen. Michael Brown, a strategist at Pepperstone, said he expects an “off ramp” from the tariff threats to emerge soon. 4
Domestic politics is throwing another twist into the mix. Prime Minister Sanae Takaichi is expected to hold a news conference Monday to declare her plan to dissolve parliament and call a snap election in February, Reuters reported. Party officials are also weighing temporary cuts to the consumption tax on food. 5
A stronger yen can reduce the value of overseas earnings once converted back to Japan. The currency often acts as a “safe haven,” typically gaining when investors retreat from risk and seek shelter.
Tensions lingered in the broader market after a quiet, holiday-thinned session in the U.S., where stocks and bonds remained closed. Reuters noted that S&P 500 futures dropped 0.9%, while Nasdaq futures lost 1.1%, weighed down by renewed tariff concerns. Chip stocks also came under pressure ahead of a packed earnings calendar featuring Intel. 6
That could change fast. Should tariff threats ease and the yen slide lower again, Tokyo’s exporters and tech stocks might bounce back as swiftly as they dropped.
Renesas faces pressure from both macro and micro angles: trade tensions could dampen end-demand, while a strong yen persisting into earnings would add strain. Should the company issue a cautious outlook on Feb. 5, it could trigger another round of profit-taking following the recent rally.
Renesas told investors it will release its full-year financial results for 2025 on Feb. 5, 2026. That report—and the accompanying guidance—stands as the next major trigger for its share price. 7
