diff --git a/drivers/net/ethernet/renesas/sh_eth.c b/drivers/net/ethernet/renesas/sh_eth.c
index 67ade78fb767..7fd8828d3a84 100644
--- a/drivers/net/ethernet/renesas/sh_eth.c
+++ b/drivers/net/ethernet/renesas/sh_eth.c
@@ -2029,6 +2029,8 @@ static int sh_eth_phy_init(struct net_device *ndev)
 	if (mdp->cd->register_type != SH_ETH_REG_GIGABIT)
 		phy_set_max_speed(phydev, SPEED_100);
 
+	/* Indicate that the MAC is responsible for managing PHY PM */
+	phydev->mac_managed_pm = true;
 	phy_attached_info(phydev);
 
 	return 0;