TOKYO, Apr 28 (Pulse News Wire) – Socionext Inc. (6526.T) reported its consolidated earnings for the fiscal year ending March 31, 2026, surpassing previously announced forecasts.
For the fiscal year from April 1, 2025, to March 31, 2026, the company's revenue reached ¥1.057 billion, exceeding the previous estimate of ¥1 billion. Operating profit was also higher than anticipated, coming in at ¥235 million compared to the forecast of ¥190.0 billion. Similarly, ordinary profit stood at ¥306 million against the earlier projection of ¥235 million.
The net income attributable to shareholders of the parent company saw a significant increase to ¥303 million from the estimated ¥232 million. The improved performance was attributed to robust sales of new products and unexpected favorable exchange rate movements, contributing to increased revenues and profitability. In addition, the company noted that the positive impact of stronger-than-expected foreign exchange rates further bolstered operating profit, ordinary profit, and net income beyond initial expectations.
🟢 Confidence: High AI-translated content.