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Socionext (6526) investor relations material
Socionext Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for 3Q FY2026/3 rose 19.2% year-over-year to ¥54.9B, with product revenue up 26.4% and NRE revenue up 30.9% sequentially, driven by new automotive mass production and strong demand in key markets.
For the first nine months ended December 31, 2025, net sales were ¥142.1B, down 2.2% year-over-year, with operating income at ¥7.2B (down 65.1%) and net income at ¥4.8B (down 71%).
Product revenue bottomed out in Q1 and rebounded, driven by new automotive products for China, but overall product revenue declined 0.3% and NRE revenue fell 9.2% year-over-year.
Operating income for 3Q FY2026/3 increased 47.7% sequentially to ¥3.4B, but declined 32.7% year-over-year due to a higher product cost ratio and increased R&D expenses.
The company continued to invest in advanced semiconductor technologies and expanded its chiplet development platform.
Financial highlights
Gross profit for the period was ¥65.8B, with a gross margin decline due to lower-margin new products and increased development investment.
Ordinary income was ¥6.6B, down 68.6% year-over-year, impacted by foreign exchange losses and higher costs.
Cash on hand and in banks decreased to ¥43.8B as of December 31, 2025, from ¥72.8B at the previous fiscal year-end.
Inventories rose to ¥32.8B, reflecting higher regular inventory and customer-reserved stock.
Net cash provided by operating activities was ¥2.8B, down sharply from ¥23.5B in the prior year period.
Outlook and guidance
Full-year FY2026/3 net sales forecast is ¥190.0B (+0.8% vs. prior year), with operating income forecast at ¥10.0B (-60.0%) and net income at ¥6.7B (-65.8%).
Basic EPS forecasted at ¥38.16 and dividend at ¥50 per share.
Product cost ratio is expected to remain elevated in FY26/3 due to new product mix and FX impact, but improvement is anticipated from FY27/3 onward.
Operating margin is expected to recover in FY27/3 and beyond as product revenue grows and cost structure improves.
- TimeTickerHeadlineOpen
- 6 FebJ
Strong growth, digital innovation, and margin expansion drive robust multi-year financial outlook. - 6 Feb004020
Operating profit rose on cost savings and high-value sales, with major US expansion underway. - 6 FebJOUT
Net sales up 31%, gross margin at 36.6%, and net loss narrowed to $3.3 million. - 6 FebPECO
Record 2025 occupancy and 7% Core FFO growth; 2026 targets 5.5% FFO growth and strong acquisitions. - 6 FebPROV
Q2 FY2026 net income rose 65% year-over-year, with higher margins and strong credit quality. - 6 FebNVDA
AI-driven digital twins and accelerated computing are set to revolutionize industrial design and manufacturing. - 6 FebCDP
2025 FFO/share rose 5.8% to $2.72, with strong leasing and investment; 2026 guidance signals more growth. - 6 FebCRI
Q1 2025 saw record revenue, a return to profit, and major new contracts in space technology. - 6 FebCRI
Net loss widened to 7.5m PLN in H1 2024 as revenue fell and R&D costs remained high. - 6 FebCRI
Net loss deepened on lower sales and higher costs, but major new contracts and restructuring are underway.
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