Slide 1: Consolidated Financial Results and Growth Strategy
Fiscal Year Ended March 31, 2026 Consolidated Financial Results and Growth Strategy April 28, 2026 Socionext Inc.
Slide 2: Disclaimer
Disclaimer This presentation’s sole purpose is to present certain information regarding Socionext Inc. (“Socionext”). This presentation does not constitute an offer to sell or the solicitation of an offer to buy shares of our common stock (the “securities”). This presentation and the information con
Slide 3: Cautionary Note Regarding Design Win Amount and Design Win Balance
Cautionary Note Regarding “Design Win Amount” and “Design Win Balance” The calculation of “Design Win Amount” and “Design Win Balance” involves a significant degree of future estimation and subjective judgment. Such calculations are based on assumptions regarding development plans, development costs
Slide 4: Consolidated Financial Results for the Fiscal Year Ended March 31, 2026
Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 • Consolidated Financial Results FY2026/3 • Consolidated Earnings Forecast FY2027/3 Toward Further Growth
Slide 5: FY2026/3 Consolidated Statements of Income
FY2026/3 Consolidated Statements of Income （JPY in billions） (Reference) FY2025/3 FY2026/3 FY2026/3 YoY YoY% Forecast as of Oct. 2025 Net Sales 188.5 200.8 +12.3 +6.5% 190.0 +10.8 Product revenue 146.6 161.8 +15.2 +10.4% - NRE revenue 41.0 38.3 -2.7 -6.6% - Other revenue 0.9 0.7 -0.2 -23.6% - Cost o
Slide 6: FY2026/3 Consolidated Statements of Income (by Quarter)
FY2026/3 Consolidated Statements of Income (by Quarter) （JPY in billions） FY2025/3 FY2026/3 YoY QoQ 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q YoY% QoQ% Net Sales 52.8 46.4 46.1 43.3 34.6 52.7 54.9 58.7 +15.4 +35.6% +3.8 +6.9% Product revenue 42.3 37.7 35.0 31.6 25.9 44.5 44.3 47.1 +15.5 +49.2% +2.8 +6.3% NRE revenue
Slide 7: Quarterly Net Sales and Operating Income
Quarterly Net Sales and Operating Income Net Sales1 Operating Income1 Other Revenue Operating Margin NRE Revenue （JPY in billions） （JPY in billions） Operating Income Product Revenue 19.4% including 61.4 Special Demand 58.7 17.6% 56.1 55.5 54.9 16.5% 53.9 8.4 52.751.652.8 52.7 11.5 6.8 11.5 7.3 46.44
Slide 8: FY2026/3 Financial Results YoY
FY2026/3 Financial Results YoY Net Sales and Operating Income YoY Operating Income YoY Analysis NRE Revenue Operating Margin （JPY in billions） （JPY in billions） Product Revenue Operating Income 13.3% 200.8 188.5 38.3 41.0 6.2% -12.0 146.6 161.8 25.0 25.0 -2.7 +1.2 +0.9 12.4 12.4 2 1,2 2 2 FY25/3 FY2
Slide 9: Net Sales and Operating Income FY2026/3 Full-Year Results (vs. October 2025 Forecast)
Net Sales and Operating Income FY2026/3 Full-Year Results (vs. October 2025 Forecast) ◼ Net Sales: +10.8 billion yen vs. Oct. 2025 forecast, despite a shift in NRE and product revenues to FY2027/3 ◼ Operating Income: +2.4 billion yen vs. Oct. 2025 forecast, as FX contributed to increase despite a sh
Slide 10: 4Q FY2026/3 Financial Results YoY
4Q FY2026/3 Financial Results YoY Net Sales and Operating Income YoY Operating Income YoY Analysis NRE Revenue Operating Margin （JPY in billions） （JPY in billions） Product Revenue Operating Income 58.7 11.5 10.0% 43.3 8.8% 11.4 +1.2 5.2 -1.5 47.1 +1.5 4.3 -0.3 5.2 31.6 4.3 2 1,2 2 2 FY25/3 4Q FY26/3
Slide 11: 4Q FY2026/3 Financial Results QoQ
4Q FY2026/3 Financial Results QoQ Net Sales and Operating Income QoQ Operating Income QoQ Analysis NRE Revenue Operating Margin （JPY in billions） （JPY in billions） Product Revenue Operating Income 58.7 54.9 8.8% 11.5 +0.6 10.4 6.3% 5.2 +1.7 47.1 -1.2 +0.7 5.2 44.3 3.4 3.4 2 1,2 2 2 FY26/3 3Q FY26/3
Slide 12: Consolidated Balance Sheet (As of March 31, 2026)
Consolidated Balance Sheet (As of March 31, 2026) （JPY in billions） Cash on-hand and in banks1 （JPY in billions） As of As of Change Mar.31, 2025 Mar.31, 2026 Total Assets 170.3 167.6 -2.7 74.0 69.9 72.8 69.5 55.9 69.7 69.1 Total Current Assets 126.3 122.8 -3.5 53.0 46.3 45.1 47.5 45.7 43.8 44.5 37.2
Slide 13: Capex, Depreciation & Amortization, Cash Flow
Capex, Depreciation & Amortization, Cash Flow Capex1, Depreciation & Amortization Cash Flow (JPY in billions) (JPY in billions) 10.0 40.0 Capex Depreciation & Amortization Operating CF Investment CF Free CF 30.0 8.0 20.0 6.0 10.0 0.0 4.0 -10.0 2.0 -20.0 0.0 -30.0 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q
Slide 14: Breakdown by Application Market
Breakdown by Application Market Net Sales NRE Revenue Automotive Data Center & Networking Automotive Data Center & Networking Smart Devices Industrial Smart Devices Industrial Other Other 100% 6% 5% 100% 7% 6% 6% 3% 14% 11% 10% 8% 14% 13% 12% 8% 23% 23% 16% 8% 29% 27% 17% 17% 13% 19% 11% 16% 80% 11%
Slide 15: Breakdown by Geographic Region
Breakdown by Geographic Region Net Sales NRE Revenue US China Japan Other US China Japan Other 100% 100% 10% 7% 8% 8% 9% 10% 7% 8% 10% 12% 12% 11% 12% 11% 14% 19% 18% 21% 80% 80% 26% 31% 20% 29% 38% 37% 36% 44% 45% 20% 51% 52% 60% 59% 60% 63% 21% 18% 66% 71% 55% 12% 56% 25% 16% 20% 40% 40% 39% 40% 3
Slide 16: Breakdown by Process Node
Breakdown by Process Node Net Sales NRE Revenue 7nm & beyond 10-16nm 20-28nm 40nm & above/Other 7nm & beyond 10-16nm 20-28nm 40nm & above/Other 100% 100% 3% 10% 8% 14% 13% 7% 18% 17% 22% 23% 21% 25% 25% 12% 6% 29% 12% 7% 80% 42% 80% 45% 43% 18% 10% 6% 9% 55% 16% 64% 21% 19% 19% 30% 60% 22% 13% 60% 3
Slide 17: Quarterly Net Sales Trends
Quarterly Net Sales Trends From October 2025 presentation (revised) FY25/3, FY26/3 Sales Result (actual FX rate) FY26/3 Sales Forecast (as of April 2025, USD/JPY 130) FY25/3, FY26/3 Sales Result (on USD/JPY 130 basis 1) FY26/3 Sales Forecast (Average Sales, USD/JPY 130) FY25/3 Sales Result (Average
Slide 18: Design Wins Trends
Design Wins Trends ◼ FY2026/3 Design Win Amount totaled 310 billion yen with large-scale projects secured primarily in the DC & NW sector, though the amount was lower than in FY2025/3, mainly due to the factors including: high level of design wins in 4Q FY2025/3, FY2026/3 being transitional period b
Slide 19: Design Win Balance: Breakdown of Changes
Design Win Balance: Breakdown of Changes ◼ Design Win Balance totaled 1.51 trillion yen in FY2026/3, up 170 billion yen from FY2025/3, due to an increase in the balance of existing projects, offsetting decrease in Design Win Amounts and cancellations ◼ Approx. 60% of Design Win Balance at the end of
Slide 20: Design Win Balance: by Application Market and Region
Design Win Balance: by Application Market and Region ◼ By application market: ‐ Share of Data Center & Networking and Industrial increased in FY2026/3, while Automotive and Other declined. ‐ Aiming well-balanced portfolio over medium- to long-term, across Automotive, Data Center & Networking, and th
Slide 21: Consolidated Earnings Forecast FY2027/3
Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 • Consolidated Financial Results FY2026/3 • Consolidated Earnings Forecast FY2027/3 Toward Further Growth
Slide 22: Consolidated Earnings Forecast FY2027/3
Consolidated Earnings Forecast FY2027/3 (JPY in billions) (Reference) FY2026/3 FY2027/3 FY2027/3 forecast figures Full Year calculated using actual FX rate Full Year in FY2026/3 and FX sensitivity Forecast as of Results indicated in the footnote April 2026 YoY YoY % Net Sales 200.8 215.0 +14.2 +7.1%
Slide 23: Consolidated Earnings Forecast FY2027/3 (vs. FY2026/3 Results)
Consolidated Earnings Forecast FY2027/3 (vs. FY2026/3 Results) Net Sales Operating Income (JPY in billions） (JPY in billions） Product Gross Profit : Increase (+) Product revenue increase (-) Product gross margin: slight decrease (-) Product mix change (higher share of large-scale projects) NRE Reven
Slide 24: Net Sales Trends
Net Sales Trends FY26/3 Sales Result (actual FX rate) FY26/3 Sales Result (on USD/JPY 130 basis1） FY27/3 Sales Forecast (as of April 2026, USD/JPY 130） FY26/3 Sales Result Average (on USD/JPY 130 basis1) FY27/3 Sales Forecast Average (as of April 2026, USD/JPY 130） FY27/3 Average Sales Forecast (USD
Slide 25: Net Sales Trends: Past and Future
Net Sales Trends: Past and Future ◼ Net sales are expected to return to growth track in 2nd half FY2026/3 and exceed the assumptions made when the Medium-Term Targets were set ◼ FY2027/3 net sales are also to slightly exceed the Medium-Term Targets assumptions (based on the same FX rate) ◼ Design Wi
Slide 26: Product Gross Profit and R&D Ratio: Trends and Future Outlook
Product Gross Profit and R&D Ratio: Trends and Future Outlook Product Gross Profit Trends and Future Outlook ◼ FY2026/3 product gross margin decreased by several percentage points compared to April 2025 forecast, due to more-than-forecast volume in the early mass production phase of large-scale proj
Slide 27: Operating Income Trends and Future Outlook
Operating Income Trends and Future Outlook ◼ FY26/3: Due to decline in product gross margin, both operating income and operating margin fell below the assumption as of April 2025. ◼ FY27/3: Although product gross margin is expected to remain slightly lower than in FY26/3 and aggressive investments i
Slide 28: Medium-Term Targets: Progress Update
Medium-Term Targets: Progress Update Progress update added to April 2025 presentation Medium-Term Targets (as of April 2025) FY25/3 FY26/3 Medium-Term Results Results (Updated) Targets2 Progress Update Growth expected to exceed the Net Sales 188.5(170.01) 200.8 (175.51) CAGR assumptions made when th
Slide 29: Market Trend, Background of FY27/3 Forecast, Outlook for FY28/3 and Beyond
Market Trend, Background of FY27/3 Forecast, Outlook for FY28/3 and Beyond Market Trend & Design Win Status FY27/3 Forecast Outlook for FY28/3 and beyond Net sales are to be slightly higher than the assumptions in the Net sales are expected to exceed the assumptions in the Automotive Medium-Term Tar
Slide 30: Toward Further Growth
Consolidated Financial Results for the Fiscal Year Ended March 31, 2026 • Consolidated Financial Results FY2026/3 • Consolidated Earnings Forecast FY2027/3 Toward Further Growth
Slide 31: Growth Scenario to Date and Going Forward
Growth Scenario to Date and Going Forward ◼ Building on Design Win Balance, acquired through the “First Transformation (shift in business model and focus areas),” we aim to achieve continued revenue growth (expecting to exceed the previous assumptions) and expansion of both product gross margin and
Slide 32: Semiconductor Market Trends
Semiconductor Market Trends Background of the Growing Demand for Custom SoCs and Solution SoC Business Model Advances in SoC and AI technologies accelerate market expansion (Spiral of evolution) Emergence of new services and applications − AI utilization is expanding alongside advancements in SoC te
Slide 33: For Future Growth: Aggressive Advance Investment
For Future Growth : Aggressive Advance Investment Emergence of new services and applications utilizing AI / Evolution of SoC ecosystem across diverse fields → Innovative companies are looking for SoC partner with Entire Design capability → Need for advance investment for Entire Design and Complete S
Slide 34: Strengthening design and development capabilities through development track-record
For Future Growth : Strengthening design and development capabilities through development track-record Track record in large scale & advanced technology development （Strengthening design and development capabilities through development track record in multiple fields and products） Entire Design capa
Slide 35: Physical AI
Expanding Business in Each Application Market with Computer Architecture Based Platform Smart Devices Physical AI Industrial （Edge Devices) Physical AI represents long-term growth opportunities ◼ Demand for new technologies in smart devices area continues to be strong ◼ Demand is expanding for Solut
Slide 36: Advanced SoC Developments on Computer Architecture Basis in Diverse Fields
Advanced SoC Developments on Computer Architecture Basis in Diverse Fields ◼ Common development platform established as system configurations across major applications become similar towards computer architecture-based ◼ Address PPA optimization challenges due to design complexity such as chiplets,
Slide 37: Design Wins Expanding in Each Application Market
Design Wins Expanding in Each Application Market Physical AI Smart Devices (Edge Devices) Industrial 3/5/7nm Network 5/7/12nm cameras Test & Measurement 28nm DSLR/Action Printer Camera ISP ecific IPs, User 5/7nm n-sp Log atio ic, lic Network camera pp et EDA Tool AR A c Automotive Data Center & Netw
Slide 38: Strengthening Entire Design Capability / Fundamental Reform of Global Structure
Strengthening Entire Design Capability / Fundamental Reform of Global Structure April 2025～ Continuously strengthen Global Leading Group at the core of Entire Design Fundamental reform of global organizational structure Establish global co-lead structure - Make organization truly global co-lead stru
Slide 39: Strengthen Executive Structure
Strengthen Executive Structure As of April 2026 CEO M. Koezuka COO EVP & CFO H. Yoshida Y. Yoneyama Global Leading Group / Business Development Business Group / Sales Group Production Management Group Corporate Development Group Group EVP EVP EVP EVP EVP GLG co-Lead Development Group Business Promot
Slide 40: Appendix: Overview
Appendix: Overview • Consolidated Financial Statements • Breakdown of Net Sales (Quarterly)
Slide 41: Consolidated Statements of Income
Consolidated Statements of Income (JPY in billions) FY21/3 FY22/3 FY23/3 FY24/3 FY25/3 FY26/3 Net Sales 99.7 117.0 192.8 221.2 188.5 200.8 % YoY -3.7% +17.3% +64.7% +14.8% -14.8% +6.5% Product revenue 73.1 84.6 156.8 182.9 146.6 161.8 NRE revenue 23.0 28.1 34.9 37.6 41.0 38.3 Other revenue 3.6 4.3 1
Slide 42: Consolidated Balance Sheets
Consolidated Balance Sheets (JPY in billions) FY21/3 FY22/3 FY23/3 FY24/3 FY25/3 FY26/3 FY21/3 FY22/3 FY23/3 FY24/3 FY25/3 FY26/3 Assets Liabilities and Equity Cash on-hand and in banks1 42.7 46.3 45.1 69.7 72.8 44.5 Accounts payable-trade 12.0 16.6 23.4 15.8 11.9 15.8 Accounts receivable-trade, net
Slide 43: Breakdown by Application Market (Quarterly)
Breakdown by Application Market (Quarterly) Net Sales1 NRE Revenue1 Automotive Data Center & Networking Automotive Data Center & Networking Smart Devices Industrial Smart Devices Industrial Other Other 100% 100% 3% 2% 3% 5% 3% 3% 4% 5% 6% 5% 6% 6% 8% 6% 4% 4% 6% 4% 4% 8% 7% 5% 5% 8% 7% 7% 8% 8% 11%
Slide 44: Breakdown by Geographic Region (Quarterly)
Breakdown by Geographic Region (Quarterly) Net Sales1 NRE Revenue1 US China Japan Other US China Japan Other 100% 100% 3% 4% 3% 7% 8% 6% 7% 8% 9% 7% 8% 9% 8% 7% 7% 5% 7% 5% 6% 8% 6% 12% 11% 12% 11% 10% 11% 10% 12% 11% 12% 11% 12% 9% 12% 10% 20% 22% 26% 23% 14% 31% 23% 80% 80% 17% 34% 30% 17% 40% 34%
Slide 45: Breakdown by Process Node (Quarterly)
Breakdown by Process Node (Quarterly) Net Sales1 NRE Revenue1 7nm & beyond 10-16nm 20-28nm 40nm & above/Other 7nm & beyond 10-16nm 20-28nm 40nm & above/Other 100% 100% 1% 4% 3% 5% 3% 3% 2% 8% 10% 6% 8% 10% 11% 11% 7% 8% 16% 17% 15% 15% 15% 6% 10% 5% 8% 20% 4% 23% 23% 21% 21% 22% 23% 23% 24% 26% 7% 2
Slide 46: Design Win Amount to Revenue / Illustrative Description of Design Win Balance
“Design Win Amount” to Revenue / Illustrative Description of “Design Win Balance” From April 2025 presentation (revised) “Design Win Balance1” ・・・ “Design win balance” (LTR; Life Time Revenue) represents our estimates of remaining accumulated “design win amount” that is associated with projects that
Slide 47: Timeline from Design Win to Mass Production / Illustrative Description of Design Win Amount
Timeline from Design Win to Mass Production / Illustrative Description of “Design Win Amount” From April 2025 presentation “Design Win Amount１” ・・・ “Design Win Amount” represents estimate of the lifetime demand from design projects. “Design Win Amount” is divided into NRE-based and product-based amo
Slide 48: Transformation into Global Custom SoC Company in Advanced Technology Areas
Transformation into Global Custom SoC Company in Advanced Technology Areas From April 2025 presentation (revised) ◼ Through transformation of business and company culture, Socionext has turned into global leading custom SoC company with new and distinctive “Solution SoC” business model Expansion of
Slide 49: Features of Solution SoC Business Model
Features of Solution SoC Business Model From April 2025 presentation ◼ The primary difference between “traditional ASIC” and “Solution SoC “ is how to interface with customers ◼ The primary difference between “Solution SoC” and “ASIC designed by ASSP vendors“ is the breadth of optional customization
Slide 50: (Reference) Architecting the AI Silicon Era
(Reference) Architecting the AI Silicon Era The Collapse of the General-Purpose Pyramid The “Entire Design” Moat Beyond Silicon: The Hardware race is ultimately decided in software. Standard ASSP (Legacy Approach) Custom SoC (The AI Mandate) AI custom accelerators fail without software compatibility
Slide 51: (Reference) Recent activities in the advanced technology field - Flexlets
(Reference) For future growth : Recent activities in the advanced technology field - “Flexlets” Integrated, yet flexible, chiplet platform built for end-to-end bespoke SoC design in line with Solution SoC business model Flexlets: The Composable Silicon Platform RTL-Configurable Base: Socionext’s Fle
Slide 52: Entire Design
(Reference) Socionext’s Solution SoC design & development platform Computer Architecture Based Platform SoC Design Process Application Framework Software Specific API AI API Linux API Architecture (Service/Application) Customer Specific Libraries AI Libraries Standard Libraries Linux Security & Syst
Slide 53: socionext: The Solution SoC Company
socionext’ The Solution SoC Company