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Sockets Inc. <3634> hits daily limit high on upbeat final profit for previous fiscal year

Fri Apr 24, 2026 10:21 am JST Catalyst

Sockets Inc. <3634> surged to the daily limit high of 678 yen and remained locked at that level with buy orders. After the market close on the 23rd, Sockets announced that its net profit for the fiscal year ending March 2026 is expected to come in at 86 million yen (compared to a net loss of 139 million yen in the previous year), exceeding the previous forecast by 36 million yen. The announcement triggered buying interest. Although revenue is projected to fall short of the plan by 39 million yen to 1.06 billion yen (up 2.0% year-on-year), the company reported expanding revenue from its core data services related to music, anime, movies, and dramas. Anticipating steady earnings in the current fiscal year as well, Sockets recorded deferred tax assets of 33 million yen.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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