Socionext Inc.'s first-quarter results for the fiscal year ending March 2027 showed revenue rising 13.0% year on year to ¥39 billion, while increased development investment resulted in an operating loss of ¥700 million and a quarterly net loss of ¥600 million. The nighttime PTS price was ¥2,014.5, up ¥9.5 from the previous day.
The Socionext Inc. stock page includes nighttime PTS information. The current trading price is ¥2,014.5, up 0.47% from the Tokyo Stock Exchange close. The opening price was ¥1,996, the high was ¥2,015, and the low was ¥1,995.2. Trading volume was 4,900 shares and turnover was ¥9.841 million as of 23:58.
According to the earnings report, revenue for the first quarter of the fiscal year ending March 2027 was ¥39 billion, representing a 13.0% year-on-year increase. However, research and development expenses rose 19.2% year on year due to expanded investment in forward-looking development, resulting in an operating loss of ¥700 million and a quarterly net loss of ¥600 million. Revenue and profit are expected to increase for the full year.
Regarding recent earnings trends, there have been reports that performance has continued to deteriorate over the past 12 quarters. In the latest quarter, the net profit margin and operating profit margin were negative, and profitability remains unstable. The equity ratio, however, remains high, preserving balance-sheet stability. EPS has declined from the year-earlier quarter, while free cash flow has shown a downward trend.
Analyst forecasts indicate that the price target has been lowered. A major Japanese securities firm was reported to have maintained a Neutral rating on 19 August while cutting its price target to ¥2,400. Changes in market sentiment may affect the stock's price performance going forward.