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Renesas Electronics (6723.T) is the world's largest automotive microcontroller (MCU) supplier and Japan's biggest chipmaker by revenue.
No controlling shareholder or corporate parent. GLEIF LEI 5299000EPC47VJQOFB81 record status is LAPSED (registration not renewed) and reports no parent (parent_reported: false) -- an absence-of-data outcome, not confirmation of independence, so cross-checked against Renesas's own IR disclosure. As of 2026-06-30, ownership is dispersed: top-10 shareholders combined hold ~39.6% of shares, led by Japanese trust-bank nominee accounts (The Master Trust Bank of Japan 15.65%, Custody Bank of Japan 6.10% -- both pooled institutional/pension holdings, not beneficial owners in their own right) and Toyota Motor Corporation at 4.10% (the largest identifiable non-nominee strategic holder). No single party approaches a controlling stake.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 2 suppliers. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Renesas's own newsroom disclosure: a 10-year SiC wafer supply agreement, with a $2.062bn prepaid deposit converted through Wolfspeed's Chapter 11 restructuring into convertible notes, common stock and warrants -- leaving Renesas holding ~38.7% of Wolfspeed's common stock (~17.9% fully diluted). Renesas is now both Wolfspeed's customer and its largest shareholder; related_party: true reflects that equity stake, not a corporate-group affiliation. No share of Renesas's silicon/SiC procurement spend is expressed as a percentage in the disclosure -- only the absolute deposit and expected-loss figures.
Wolfspeed's own 8-K, filed after CFIUS cleared the equity issuance, confirms the Chapter 11 restructuring agreed in 2025 was actually consummated, not abandoned or renegotiated: Renesas received 16,852,372 shares of Wolfspeed common stock plus a warrant for 4,943,555 shares (exercisable on CFIUS clearance) and conversion rights on its 2.5% Convertible Second-Lien Senior Secured Notes due 2031; Wolfspeed's total common shares outstanding rose to ~45.1m post-issuance. 16.85m/45.1m is ~37.4% on issued common stock alone, before the warrant and note conversion are folded in -- the 8-K does not itself restate a single consolidated post-conversion percentage, so the prior row's 38.7%/17.9%-fully-diluted figures remain the most explicit estimate on record, now confirmed as executed rather than superseded by an equally explicit final number. Renesas executive Aris Bolisay was appointed to Wolfspeed's board effective 2026-02-02 (TipRanks/Evertiq reporting on the same filings). Re-checked 2026-10-02 (wake-minerals-buyers, step 0.5).
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
Every exposure is read as a buyer dependency; the top 3 are its binding chokepoints.
As a buyer, policy pressure across its consumed materials is rising.
Descriptive trend in official policy actions on this company’s materials — a policy-pressure trend, not a price or trading signal. No forward probability is implied. Direction is measured on actions we have discovered, and discovery lags events: where the recent window is too thin to support a calm reading, the row says coverage-limited instead of easing.
🇯🇵 JP accounts for 100% of severity-weighted pressure.