Socionext Inc.

Socionext fell back on the 24th after three business days, with a relatively large drop of 64.5 yen, or 3.24 percent, from the previous day. In its first-quarter results for the fiscal year ending March 2027, announced on July 29, revenue rose 13.0 percent year on year to 39.039 billion yen, but research and development expenses swelled 19.2 percent to 16.978 billion yen. Operating profit swung to a loss of 662 million yen, ordinary profit to a loss of 782 million yen, and net profit to a loss of 580 million yen. NRE revenue grew 37.1 percent to 11.594 billion yen, helped by prototype-related work for new mass-production products for North American data centers, but product revenue rose only 5.9 percent to 27.4 billion yen because some automotive mass-production shipments slipped into the second quarter. The quarterly loss reflects a pattern in which development investment is running ahead of mass production. Full-year guidance was unchanged from the figures announced on April 28, including revenue of 215 billion yen, up 7.1 percent. The company also highlighted the strength of its multi-foundry structure, including adoption of TSMC's 1.4-nanometer-generation process A14 and Intel Foundry's 18A-P.