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← CockpitCompetitor Analysis › 6526.T Socionext IncOpen in the cockpit ↗

Socionext Inc6526.TCompetitor analysis, valuation and peers

Japan · JPY·Industrials›Semiconductors

Japanese fabless chip designer making custom SoCs (ASICs) for automotive, imaging, networking and industrial customers.

≈ A Japanese fabless ASIC house, akin to Broadcom's custom-silicon businessMomentum laggard 9
Mkt cap
$1.78B
US dollars, full cap
Free float
97%
of shares outstanding
$/day
$77.6M
20-day average traded
Fwd P/E
21.1×
forward earnings
ROIC−WACC
-9.9 pp
WACC 16.0%
Hurdle
n/a
no reverse DCF
Next earnings
84 days
29 Jan 2027
Close · JPY¥1,556
1D-3.4%
1W-20.7%
1M-31.1%
3M-23.3%
6M-16.3%
YTD-28.0%
1Y-46.7%
ATR %7.6%
52w lowhigh54.9% off high

What Socionext does

Japanese fabless chip designer making custom SoCs (ASICs) for automotive, imaging, networking and industrial customers.

Customers hire it to design a chip for their product, paying engineering fees upfront, then buy the chips in volume once the product ships; outside foundries make them, as it owns no factories. Formed in 2015 by combining the system-chip arms of Fujitsu and Panasonic, it listed in 2022.

In one line: A Japanese fabless ASIC house, akin to Broadcom's custom-silicon business.

Products and services

  • Automotive SoCs
  • Imaging/networking SoCs
  • Custom ASIC design services
  • IP licensing

Customers

  • Automotive OEMs/Tier 1s
  • Industrial and networking equipment makers

Where it sits in the supply chain

  • Semiconductors
  • Fabless chip design
  • Custom SoC/ASIC

What could go right

  • Automotive electrification/ADAS chip content growth
  • Custom silicon demand from data-center/edge AI

What could go wrong

  • Customer/design-win concentration
  • Foundry capacity and cost exposure

Moat: narrow (customer qualification, process know-how). Design-in relationships and multi-year automotive qualification cycles are costly for customers to switch.

Headquarters: Yokohama, Japan · Founded: 2015 · Employees: 2,469

Named competitors

Socionext at a glance

Size Socionext (6526.T) is a Japan Industrials company (Semiconductors) with a market value of $1.78B, the 520th largest of 1,379 Japan companies the cockpit tracks. Shares closed at ¥1,556 on 6 Nov 2026.

Performance Over six months the shares fell 16.3%, against -0.4% for the median peer and +1.8% for the Japan market (cap-weighted) — 4th lowest of 21 in its peer set.

Growth Revenue grew 20.7% over the last twelve months (peer median +7.8%); the operating margin is 4.8% (peer median 8.6%).

Valuation It trades at 21.1× forward earnings against a peer median of 11.1× (2nd most expensive of 20).

Capital Return on invested capital runs 9.9 points below its cost of capital (16.0% WACC).

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026Peer median 1006526.T 81
Six months, rebased to 100: Socionext against the median of its 20 peers (local-currency closes).

Socionext financials

Reported figures in JPY; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue¥213B¥201B¥189B¥221B¥193B
Revenue growth—+7%-15%+15%—
Gross profit¥93.0B¥89.8B¥104B¥110B¥88.8B
EBITDA¥29.3B¥29.3B¥41.2B¥48.9B¥33.8B
Net income¥8.20B¥8.73B¥19.6B¥26.1B¥19.8B
Free cash flow-¥14.4B-¥7.16B¥19.1B¥41.0B¥5.39B
Capital expenditure¥32.5B¥22.9B¥16.6B¥23.1B¥19.8B
Total debt¥8.10B¥1.56B¥1.63B¥2.04B¥0

Quarterly statements and history in the cockpit →

Socionext competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-20%0%4902755299341414580519419303310561366544304817197014784665087947141770036526.T6-month return →1-month return →
Up and to the right = strong over both horizons. Socionext is the large dot.

Fundamentals: revenue growth against valuation

0%+10%+20%+30%+40%10×20×30×490275521414580519419303310561366371585765443048171970147846650870036526.TRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Socionext is the large dot.

Socionext competitors and peer comparison

Head to head with its named competitors (6526.T vs 6723.T vs 2454.TW vs MRVL)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Socionext 6526.T$1.78B-16%+21%5%21.1×n/a
Renesas Electronics 6723.T$27.9B-23%+26%24%9.9×12.2%
Mediatek 2454.TW$164B+7%+6%15%24.7×40.7%
Marvell Technology MRVL$124B-17%+31%17%25.0×54.4%
Broadcom AVGO$1.40T-32%+49%49%16.9×26.6%

How Socionext compares with its peers

Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Socionext against its 20 peers (data as of 6 Nov 2026)
Measure6526.TPeer medianRank in peer set
1-month return-31.1%-4.7%3rd lowest of 21
6-month return-16.3%-0.4%4th lowest of 21
Distance from 52-week high-54.9%-22.8%2nd lowest of 21
Revenue growth (TTM)+20.7%+7.8%2nd highest of 21
Operating margin4.8%8.6%3rd lowest of 21
Forward P/E21.1×11.1×2nd most expensive of 20
ROIC minus cost of capital-9.9 pp+3.3 pplowest of 21
EV / EBITDA9.1×7.2×5th most expensive of 17
Net debt / EBITDA-0.5×0.2×7th least indebted of 19

Peer table

Peer set: Sector in the same market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Socionext 6526.TJapan$1.78B-16%+21%5%21.1×n/an/a
Konica Minolta 4902.TJapan$1.79B+14%0%5%9.7×-5.6%+4.7%
Happinet 7552.TJapan$1.82B+133%+19%3%16.2×-4.1%+11.1%
Inaba Denkisangyo 9934.TJapan$1.82B-4%+15%8%n/a-11.9%+8.5%
SHO BOND 1414.TJapan$1.71B-6%-2%23%16.3×-7.5%+2.2%
SWCC 5805.TJapan$1.71B+1%+21%11%11.1×6.4%+11.4%
Chudenko 1941.TJapan$1.71B+3%+9%12%11.0×-8.6%+4.3%
Sumitomo Warehouse 9303.TJapan$1.87B+4%+2%6%16.3×11.3%+0.4%
Nisshinbo 3105.TJapan$1.87B-9%+2%7%11.5×3.6%+1.9%
OSG 6136.TJapan$1.88B-2%+20%18%11.4×1.7%+9.0%
Tsubakimoto Chain 6371.TJapan$1.68B+7%+20%8%10.3×2.0%+8.9%
ARE 5857.TJapan$1.89B+1%+38%7%9.3×2.0%+29.4%
Japan Elevator Service 6544.TJapan$1.65B-9%+17%19%29.3×4.0%+18.6%
BIC Cameras 3048.TJapan$1.94B+10%+7%4%15.2×-8.2%+4.5%
HAZAMA ANDO 1719.TJapan$1.94B-11%+4%8%9.8×-11.7%+4.5%
Namura Shipbuilding 7014.TJapan$1.62B-9%+7%19%9.9×-3.1%+10.1%
PILOT 7846.TJapan$1.62B+33%+7%14%14.6×-3.8%+7.7%
Meidensha 6508.TJapan$1.96B-20%+12%10%11.0×5.1%+7.1%
FP Corporation 7947.TJapan$1.61B+35%+4%9%15.5×-1.0%+5.1%
MIRAIT ONE 1417.TJapan$1.60B-24%+5%6%10.4×-5.7%+5.4%
Mitsui ES 7003.TJapan$1.98B-45%+12%11%8.7×16.0%-11.3%

Questions

Who are Socionext's main competitors?
Named competitors: Renesas Electronics (6723.T), MediaTek (2454.TW), Marvell Technology (MRVL), Broadcom (AVGO). The cockpit's measured peer set (sector in the same market, nearest in size) also includes Konica Minolta (4902.T), Happinet (7552.T), Inaba Denkisangyo (9934.T), SHO BOND (1414.T), SWCC (5805.T), Chudenko (1941.T).
Is Socionext expensive compared with its peers?
On forward p/e it trades at 21.1× against a peer median of 11.1×, 2nd most expensive of 20 in its peer set.
How has Socionext stock performed?
Over six months to 6 Nov 2026 the shares returned -16.3% against -0.4% for the median peer; over one year -46.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.