# Socionext (6526.JP)

Canonical: https://gigainvestors.com/s/6526.JP

Analysis as of: 2026-10-14T08:17:54.541Z. 

Listing currency: JPY. Reporting currency: JPY.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: JPY 1,825.50 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Down 61% since Apr 2024

Story as of 2026-10-16T10:01:29.880Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Annual sales are JPY 200.8 billion.

- Source: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YHHK.pdf (filed 2026-06-23); FY2026: revenue 200834000000; grossProfit 89777000000; margin = grossProfit / revenue.

### Why customers stay

Margins ranged from 44.7% to 55.1% during 2024–26.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); FY2024: grossProfit / revenue = 49.7%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); FY2025: grossProfit / revenue = 55.1%.

- Source: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YHHK.pdf (filed 2026-06-23); FY2026: grossProfit / revenue = 44.7%.

### Where the cash goes

Spends 36.1% of cash earnings on expansion; paid dividends in 3 of 5 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); FY2022: growth capex 1715544650.4115067; upkeep 11062455349.588493; owner earnings 4907544650.411507. Growth capex / owner earnings = 0.3495729071497404.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); FY2023: growth capex 7140195640.126339; upkeep 12632804359.873661; owner earnings 18872195640.12634. Growth capex / owner earnings = 0.3783447234377303.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); FY2024: growth capex 2724803928.486061; upkeep 20341196071.51394; owner earnings 18730803928.48606. Growth capex / owner earnings = 0.1454718088390292.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); FY2025: growth capex 0; upkeep 16579000000; owner earnings 18794000000. Growth capex / owner earnings = 0.

- Source: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YHHK.pdf (filed 2026-06-23); FY2026: growth capex 1289953886.7626152; upkeep 21617046113.237385; owner earnings 3575953886.762615. Growth capex / owner earnings = 0.360730011518811.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); Dividend observations: [[2022,0],[2023,0],[2024,11160000000],[2025,8952000000],[2026,8854000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YHHK.pdf (filed 2026-06-23); FY2026: cash repurchases 5000000000 JPY.

### What the price says

The price is 1.6 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-06-23); Closing price 1825.5 JPY; reporting-to-trading FX 1; FY2026 annual sales per share 1143.8776090690485; price multiple 1.595887519369921. FY2026 cash earnings/share 20.36733611903956. Closing-price date 2026-10-15.

## Monthly share-price history (JPY per share)

- 2022-11: JPY 1,334.00 per share

- 2022-12: JPY 1,160.00 per share

- 2023-01: JPY 1,660.00 per share

- 2023-02: JPY 1,922.00 per share

- 2023-03: JPY 1,946.00 per share

- 2023-04: JPY 2,252.00 per share

- 2023-05: JPY 3,352.00 per share

- 2023-06: JPY 4,174.00 per share

- 2023-07: JPY 3,364.00 per share

- 2023-08: JPY 3,610.00 per share

- 2023-09: JPY 2,956.00 per share

- 2023-10: JPY 2,884.00 per share

- 2023-11: JPY 2,650.00 per share

- 2023-12: JPY 2,560.00 per share

- 2024-01: JPY 3,432.00 per share

- 2024-02: JPY 3,843.00 per share

- 2024-03: JPY 4,229.00 per share

- 2024-04: JPY 4,691.00 per share

- 2024-05: JPY 4,578.00 per share

- 2024-06: JPY 3,809.00 per share

- 2024-07: JPY 3,078.00 per share

- 2024-08: JPY 3,233.00 per share

- 2024-09: JPY 2,836.00 per share

- 2024-10: JPY 2,922.00 per share

- 2024-11: JPY 2,414.50 per share

- 2024-12: JPY 2,530.50 per share

- 2025-01: JPY 2,435.50 per share

- 2025-02: JPY 2,154.00 per share

- 2025-03: JPY 1,784.50 per share

- 2025-04: JPY 1,532.50 per share

- 2025-05: JPY 2,143.00 per share

- 2025-06: JPY 2,776.00 per share

- 2025-07: JPY 2,905.00 per share

- 2025-08: JPY 2,870.00 per share

- 2025-09: JPY 2,790.00 per share

- 2025-10: JPY 3,491.00 per share

- 2025-11: JPY 2,226.00 per share

- 2025-12: JPY 2,189.50 per share

- 2026-01: JPY 2,061.50 per share

- 2026-02: JPY 2,023.50 per share

- 2026-03: JPY 1,869.00 per share

- 2026-04: JPY 1,859.00 per share

- 2026-05: JPY 2,635.00 per share

- 2026-06: JPY 2,551.50 per share

- 2026-07: JPY 1,912.50 per share

- 2026-08: JPY 1,998.00 per share

- 2026-09: JPY 2,097.50 per share

- 2026-10: JPY 2,004.00 per share

## Annual estimated value (JPY per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original EDINET filing](https://disclosure2dl.edinet-fsa.go.jp/searchdocument/pdf/S100YHHK.pdf); period 2026-03-31, filed 2026-06-23.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

## Reported holder observations