Valuation Update With 7 Day Price Move • 12h
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥2,847, the stock trades at a forward P/E ratio of 38x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total loss to shareholders of 12% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,651 per share. New Risk • May 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Paying a dividend despite having no free cash flows. High level of non-cash earnings (31% accrual ratio). Minor Risk Profit margins are more than 30% lower than last year (4.3% net profit margin). Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to JP¥2,382, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 22x in the Semiconductor industry in Japan. Total returns to shareholders of 6.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,574 per share. Major Estimate Revision • May 05
Consensus EPS estimates fall by 19% The consensus outlook for fiscal year 2027 has been updated. 2027 EPS estimate fell from JP¥91.49 to JP¥74.38 per share. Revenue forecast steady at JP¥226.7b. Net income forecast to grow 50% next year vs 26% growth forecast for Semiconductor industry in Japan. Consensus price target down from JP¥2,390 to JP¥2,260. Share price fell 4.1% to JP¥1,928 over the past week. Annonce • Apr 29
Socionext Inc., Annual General Meeting, Jun 25, 2026 Socionext Inc., Annual General Meeting, Jun 25, 2026. New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Japanese stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 111% Paying a dividend despite having no free cash flows. High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (4.3% net profit margin). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to JP¥2,054, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 19x in the Semiconductor industry in Japan. Total returns to shareholders of 10% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,713 per share. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 05 June 2026. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 2.9%. Lower than top quartile of Japanese dividend payers (3.6%). Higher than average of industry peers (1.0%). Annonce • Mar 10
Socionext Inc. to Report Fiscal Year 2026 Results on Apr 28, 2026 Socionext Inc. announced that they will report fiscal year 2026 results on Apr 28, 2026 Major Estimate Revision • Feb 27
Consensus EPS estimates fall by 15% The consensus outlook for fiscal year 2026 has been updated. 2026 EPS estimate fell from JP¥55.76 to JP¥47.34 per share. Revenue forecast steady at JP¥198.2b. Net income forecast to grow 97% next year vs 21% growth forecast for Semiconductor industry in Japan. Consensus price target down from JP¥2,700 to JP¥2,620. Share price rose 3.8% to JP¥2,020 over the past week. Price Target Changed • Feb 14
Price target decreased by 7.8% to JP¥2,700 Down from JP¥2,930, the current price target is an average from 5 analysts. New target price is 29% above last closing price of JP¥2,093. Stock is up 2.5% over the past year. The company is forecast to post earnings per share of JP¥55.76 for next year compared to JP¥110 last year. Reported Earnings • Jan 31
Third quarter 2026 earnings released: EPS: JP¥15.54 (vs JP¥27.40 in 3Q 2025) Third quarter 2026 results: EPS: JP¥15.54 (down from JP¥27.40 in 3Q 2025). Revenue: JP¥54.9b (up 19% from 3Q 2025). Net income: JP¥2.72b (down 44% from 3Q 2025). Profit margin: 5.0% (down from 11% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Major Estimate Revision • Jan 28
Consensus EPS estimates fall by 10%, revenue upgraded The consensus outlook for fiscal year 2026 has been updated. 2026 revenue forecast increased from JP¥189.2b to JP¥191.1b. EPS estimate fell from JP¥65.05 to JP¥58.42 per share. Net income forecast to grow 52% next year vs 18% growth forecast for Semiconductor industry in Japan. Consensus price target down from JP¥2,930 to JP¥2,810. Share price fell 8.9% to JP¥2,090 over the past week. Annonce • Dec 12
Socionext Inc. to Report Q3, 2026 Results on Jan 30, 2026 Socionext Inc. announced that they will report Q3, 2026 results on Jan 30, 2026 Declared Dividend • Nov 27
First half dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 30th March 2026 Payment date: 5th June 2026 Dividend yield will be 2.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by earnings (88% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 6.0% per year over the past 3 years and payments have been stable during that time. EPS is expected to grow by 125% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Nov 05
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to JP¥2,441. The fair value is estimated to be JP¥3,207, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 13% over the last year. Earnings per share has declined by 55%. For the next 3 years, revenue is forecast to grow by 15% per annum. Earnings are also forecast to grow by 30% per annum over the same time period. Reported Earnings • Nov 01
Second quarter 2026 earnings released: EPS: JP¥9.12 (vs JP¥22.38 in 2Q 2025) Second quarter 2026 results: EPS: JP¥9.12 (down from JP¥22.38 in 2Q 2025). Revenue: JP¥52.7b (up 14% from 2Q 2025). Net income: JP¥1.60b (down 60% from 2Q 2025). Profit margin: 3.0% (down from 8.6% in 2Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 7.8% growth forecast for the Semiconductor industry in Japan. Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to JP¥3,485, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 18x in the Semiconductor industry in Japan. Total returns to shareholders of 209% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,351 per share. Annonce • Oct 28
Socionext Unveils Flexlets, A Configurable Chiplet Ecosystem to Accelerate Multi-Die Silicon Innovation Socionext Inc. introduced "Flexlets", a new class of configurable chiplets designed to advance heterogenous integration. As traditional monolithic SoC designs face physical and economic limits--reticle size constraints, yield challenges, and thermal bottlenecks- the industry is turning toward chiplet-based design, where designers can integrate their core features and interface functionalities, provided as chiplets, into a packaged device to improve performance, cost, and accelerate time-to-market. While chiplet technology opens exciting possibilities for modular designs and scalability, many current solutions are derived from fixed-function ASSPs, limiting flexibility and customization. Socionext's Flexlets overcome this by offering a configurable library of chiplet designs at the RTL level. Customers have the option to customize their designs at the RTL level to meet specific application requirements. Engineering samples of the initial Flexlet base designs, including Known Good Die (KGD), are currently in development. Socionext will initiate its first customer design this year and broaden design engagements beginning in Second Quarter calendar year 2026. Memory Expansion Flexlets: Scalable memory solutions with support for the latest DDR/LPDDR standards connected to either UCIe-S or UALink; Ethernet Controller Flexlets: Robust and high-performance networking connectivity via 224G/UE bridged to UCIe 2.0; PCIe Controller Flexlets: Seamless integration to PCIe ecosystem by bridging PCIe Gen7 128G PHY to UCIe 2. 0 with configurable lanes; Hybrid PCIe + Ethernet Controller Flexlets: A versatile range of I/O capabilities, bridging high-speed SerDes (224G/UE) to UCIe 2.2.0. All Flexlets support 2.5D/3D advanced packaging, including CoWoS, SoW-X, EMIB, and 3D stacking, process nodes (5, 3, 2nm), and industry standards, including UCIe, UALink, PCIe Gen7, and Ultra Ethernet - enabling robust interoperability across multi-vendor ecosystems. Socionext's packaging capabilities rival those of the largest chipmakers. With successful tapeouts in 2nm and 3DIC test vehicles, company offer real-world proof of engineering excellence, including support of multiple - 64 to 128 - instances of high-speed 224G SerDes in a Flexlet. In a market still lacking standardized design rule checks for large chiplet-based packages, Socionext provides the credibility and capability customers need to innovate with confidence. New Risk • Oct 06
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.8% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (7.3% net profit margin). Buy Or Sell Opportunity • Oct 02
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at JP¥2,675. The fair value is estimated to be JP¥3,405, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last year. Earnings per share has declined by 51%. For the next 3 years, revenue is forecast to grow by 14% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. Annonce • Sep 12
Socionext Inc. to Report Q2, 2026 Results on Oct 31, 2025 Socionext Inc. announced that they will report Q2, 2026 results on Oct 31, 2025 Price Target Changed • Sep 06
Price target increased by 10% to JP¥2,910 Up from JP¥2,638, the current price target is an average from 5 analysts. New target price is 12% above last closing price of JP¥2,603. Stock is down 7.1% over the past year. The company is forecast to post earnings per share of JP¥72.85 for next year compared to JP¥110 last year. Buy Or Sell Opportunity • Sep 01
Now 20% undervalued Over the last 90 days, the stock has risen 21% to JP¥2,689. The fair value is estimated to be JP¥3,365, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last year. Earnings per share has declined by 51%. For the next 3 years, revenue is forecast to grow by 13% per annum. Earnings are also forecast to grow by 26% per annum over the same time period. Price Target Changed • Sep 01
Price target increased by 9.5% to JP¥2,738 Up from JP¥2,500, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of JP¥2,695. Stock is down 15% over the past year. The company is forecast to post earnings per share of JP¥76.67 for next year compared to JP¥110 last year. Annonce • Aug 28
Socionext Expands 3DIC Support with Advanced 3D Die Stacking and 5.5D in Packaging Portfolio Socionext announced the availability of 3DIC support in its portfolio of well-proven capabilities for the delivery of complete solutions for consumer, AI, and HPC data center applications that include chiplets, 2.5D, 3D, and 5.5D packaging. Socionext empowers customers with a proven development process and unmatched expertise delivering high-performance, high-quality solutions that accelerate innovation and success. As a key milestone, Socionext has successfully taped out a complete packaged device leveraging TSMC's SoIC-X 3D stacking. The design combines an N3 compute die and an N5 I/O die in a face-to-face (F2F) configuration. The F2F 3D stacking approach minimizes interconnect distance, significantly reduces signal latency and power consumption compared to traditional 2D and 2.5D designs. Building on the company's experience in 2.5D designs, Socionext applies proven design experience and methodologies to 3DICs, which stack components vertically to unlock key advantages: View the 3DIC F2F and 5.5D Structure; Heterogeneous Integration: 3D ICs enable the integration of different technology nodes (3nm, 5nm, 7nm) and functions (e.g., logic, memory, interface) into a single package, allowing for a more optimally partitioned solution addressing performance, density, and cost; Higher Integration Density for a Broader Range of Applications; vertical stacking enables greater functionality in a smaller footprint--an essential advantage as traditional scaling nears its limits. This is especially valuable for space-constrained consumer devices; Improved Performance; Shorter, wider connections between dies reduce latency and boost bandwidth; Lower Power consumption; Compact interconnects result in reduced drive requirements due to lower impedance. A Vision for the Future: The introduction of 3DIC, along with 5.5D support, reflects Socionext's strong focus on advancing heterogeneous integration, bringing together multiple functions within a unified system of semiconductors and packaging elements. As demand grows for scalable, high-density, and energy-efficient platforms, especially in consumer, AI, and data center applications, 3DICs will play a pivotal role in shaping the future of semiconductor innovation. New Risk • Aug 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 7.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (7.5% average weekly change). Minor Risk Profit margins are more than 30% lower than last year (7.3% net profit margin). Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥3,213, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total returns to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥3,352 per share. Reported Earnings • Aug 02
First quarter 2026 earnings released: EPS: JP¥2.61 (vs JP¥42.33 in 1Q 2025) First quarter 2026 results: EPS: JP¥2.61 (down from JP¥42.33 in 1Q 2025). Revenue: JP¥34.6b (down 35% from 1Q 2025). Net income: JP¥461.0m (down 94% from 1Q 2025). Profit margin: 1.3% (down from 14% in 1Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Semiconductor industry in Japan. Declared Dividend • Jul 09
Final dividend of JP¥25.00 announced Dividend of JP¥25.00 is the same as last year. Ex-date: 29th September 2025 Payment date: 27th November 2025 Dividend yield will be 1.9%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is covered by both earnings (46% earnings payout ratio) and cash flows (57% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 65% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • Jul 04
Now 22% undervalued Over the last 90 days, the stock has risen 72% to JP¥2,671. The fair value is estimated to be JP¥3,408, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Reported Earnings • Jun 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥110 (down from JP¥148 in FY 2024). Revenue: JP¥188.5b (down 15% from FY 2024). Net income: JP¥19.6b (down 25% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 3.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Semiconductor industry in Japan. Buy Or Sell Opportunity • Jun 13
Now 22% undervalued Over the last 90 days, the stock has risen 19% to JP¥2,429. The fair value is estimated to be JP¥3,107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Earnings per share has grown by 15%. For the next 3 years, revenue is forecast to grow by 12% per annum. Earnings are also forecast to grow by 19% per annum over the same time period. Annonce • Jun 11
Socionext Inc. to Report Q1, 2026 Results on Jul 31, 2025 Socionext Inc. announced that they will report Q1, 2026 results on Jul 31, 2025 Major Estimate Revision • May 20
Consensus EPS estimates fall by 17% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from JP¥204.0b to JP¥189.7b. EPS estimate also fell from JP¥100 per share to JP¥83.38 per share. Net income forecast to shrink 25% next year vs 0.1% decline forecast for Semiconductor industry in Japan. Consensus price target down from JP¥2,425 to JP¥2,375. Share price fell 2.0% to JP¥1,822 over the past week. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to JP¥1,864, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 57% over the past year. Reported Earnings • Apr 29
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: JP¥110 (down from JP¥148 in FY 2024). Revenue: JP¥188.5b (down 15% from FY 2024). Net income: JP¥19.6b (down 25% from FY 2024). Profit margin: 10% (down from 12% in FY 2024). The decrease in margin was driven by lower revenue. Revenue missed analyst estimates by 7.4%. Earnings per share (EPS) also missed analyst estimates by 3.0%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 7.6% growth forecast for the Semiconductor industry in Japan. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥1,675, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 14x in the Semiconductor industry in Japan. Total loss to shareholders of 64% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥673 per share. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 05 June 2025. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of Japanese dividend payers (3.7%). Higher than average of industry peers (1.8%). Annonce • Mar 11
Socionext Inc. to Report Fiscal Year 2025 Results on Apr 28, 2025 Socionext Inc. announced that they will report fiscal year 2025 results on Apr 28, 2025 Price Target Changed • Mar 01
Price target decreased by 11% to JP¥2,625 Down from JP¥2,950, the current price target is an average from 4 analysts. New target price is 22% above last closing price of JP¥2,154. Stock is down 44% over the past year. The company is forecast to post earnings per share of JP¥113 for next year compared to JP¥148 last year. Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: JP¥27.40 (vs JP¥28.11 in 3Q 2024) Third quarter 2025 results: EPS: JP¥27.40 (down from JP¥28.11 in 3Q 2024). Revenue: JP¥46.1b (down 13% from 3Q 2024). Net income: JP¥4.89b (down 2.4% from 3Q 2024). Profit margin: 11% (up from 9.5% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Semiconductor industry in Japan. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to JP¥2,902, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 13x in the Semiconductor industry in Japan. Total returns to shareholders of 26% over the past year. Declared Dividend • Nov 28
First half dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 28th March 2025 Payment date: 5th June 2025 Dividend yield will be 2.0%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (20% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: JP¥22.38 (vs JP¥41.50 in 2Q 2024) Second quarter 2025 results: EPS: JP¥22.38 (down from JP¥41.50 in 2Q 2024). Revenue: JP¥46.4b (down 17% from 2Q 2024). Net income: JP¥4.01b (down 45% from 2Q 2024). Profit margin: 8.6% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. New Risk • Sep 27
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥25.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 28 November 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of Japanese dividend payers (3.8%). In line with average of industry peers (1.6%). Price Target Changed • Sep 16
Price target decreased by 9.2% to JP¥3,300 Down from JP¥3,633, the current price target is an average from 3 analysts. New target price is 14% above last closing price of JP¥2,884. Stock is down 7.0% over the past year. The company is forecast to post earnings per share of JP¥140 for next year compared to JP¥148 last year. Annonce • Sep 11
Socionext Inc. to Report Q2, 2025 Results on Oct 31, 2024 Socionext Inc. announced that they will report Q2, 2025 results on Oct 31, 2024 Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,152, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 14x in the Semiconductor industry in Japan. Negligible returns to shareholders over past year. New Risk • Aug 02
New minor risk - Dividend sustainability The company has a short dividend paying track record. Continuous dividend paying years: 1 Dividend yield: 1.8% This is considered a minor risk. For dividend focussed investors, companies that have not established a long-term track record of consistently maintaining or growing dividends are less attractive than those companies that have a long track record. Those that have a long track record have proven their underlying business is stable enough to consistently maintain or grow the dividend and that the company considers maintaining the dividend to be one of its priorities. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Short dividend paying track record (1 year of continuous dividend payments). Share price has been volatile over the past 3 months (6.4% average weekly change). Shareholders have been diluted in the past year (2.8% increase in shares outstanding). Reported Earnings • Aug 01
First quarter 2025 earnings released: EPS: JP¥42.33 (vs JP¥46.48 in 1Q 2024) First quarter 2025 results: EPS: JP¥42.33 (down from JP¥46.48 in 1Q 2024). Revenue: JP¥52.8b (down 14% from 1Q 2024). Net income: JP¥7.57b (down 4.8% from 1Q 2024). Profit margin: 14% (up from 13% in 1Q 2024). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Semiconductor industry in Japan. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥3,241, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 13% over the past year. Declared Dividend • Jul 11
Final dividend of JP¥25.00 announced Shareholders will receive a dividend of JP¥25.00. Ex-date: 27th September 2024 Payment date: 28th November 2024 Dividend yield will be 1.2%, which is higher than the industry average of 1.0%. Sustainability & Growth Dividend is well covered by both earnings (32% earnings payout ratio) and cash flows (30% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annonce • Jun 10
Socionext Inc. to Report Q1, 2025 Results on Jul 31, 2024 Socionext Inc. announced that they will report Q1, 2025 results on Jul 31, 2024 Annonce • Apr 28
Socionext Inc., Annual General Meeting, Jun 26, 2024 Socionext Inc., Annual General Meeting, Jun 26, 2024. Valuation Update With 7 Day Price Move • Apr 22
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to JP¥4,108, the stock trades at a forward P/E ratio of 29x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 85% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,762 per share. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to JP¥4,952, the stock trades at a forward P/E ratio of 35x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 170% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,743 per share. New Risk • Apr 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Japanese stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Shareholders have been diluted in the past year (6.0% increase in shares outstanding). Annonce • Mar 23
Socionext Inc. to Report Fiscal Year 2024 Results on Apr 26, 2024 Socionext Inc. announced that they will report fiscal year 2024 results on Apr 26, 2024 Upcoming Dividend • Mar 21
Upcoming dividend of JP¥23.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 June 2024. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Japanese dividend payers (3.2%). Higher than average of industry peers (0.9%). Reported Earnings • Jan 31
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: JP¥52.7b (down 2.4% from 3Q 2023). Net income: JP¥5.01b (up 11% from 3Q 2023). Profit margin: 9.5% (up from 8.4% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Semiconductor industry in Japan. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to JP¥3,381, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 20x in the Semiconductor industry in Japan. Total returns to shareholders of 119% over the past year. Simply Wall St's valuation model estimates the intrinsic value at JP¥2,612 per share. Buy Or Sell Opportunity • Jan 22
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 6.9% to JP¥3,158. The fair value is estimated to be JP¥2,612, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 46% over the last year. Earnings per share has grown by 81%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 6.1% per annum over the same time period. Annonce • Dec 24
Socionext Inc. to Report Q3, 2024 Results on Jan 30, 2024 Socionext Inc. announced that they will report Q3, 2024 results on Jan 30, 2024 Price Target Changed • Dec 20
Price target decreased by 17% to JP¥16,167 Down from JP¥19,500, the current price target is an average from 3 analysts. New target price is 37% above last closing price of JP¥11,840. Stock is up 95% over the past year. The company is forecast to post earnings per share of JP¥715 for next year compared to JP¥587 last year.