Panasonic

Panasonic raised its operating profit forecast for the fiscal year to ¥590 billion, slightly above the Bloomberg consensus estimate. In Tokyo the stock then rose to the upper daily limit at ¥4,284 and trading was suspended; it closed up 19.5%. Analysts view the group’s involvement in AI-related products such as multilayer substrates and supercapacitors positively both in the short and long term. » Más en de.investing.com

Panasonic will build a local supply chain for energy storage systems in the US to support preparation for mass production of battery cells at its Kansas plant, CEO Yuki Kusumi said. Production in Kansas is expected to supply battery cells for data centers in the fiscal year ending March 2029; the plant currently makes batteries for Tesla. Panasonic does not plan to produce lithium‑iron‑phosphate (LFP) batteries because the company is focused on decentralized systems for peak‑load control of individual servers. Despite political tensions, there are no problems procuring materials from China, Kusumi said. » Más en de.investing.com

Panasonic reported EPS of 20.19 JPY for the fourth quarter of 2026, missing the analyst estimate of 47.78 JPY by 57.74%. Revenue fell 5% to 8,048.7 billion JPY, and adjusted operating profit and net income declined. The stock fell 3.8% in premarket trading. The company recorded growth in the Connect and Electric Works segments and is strategically focusing on AI infrastructure and energy storage systems despite pressures from deconsolidation of the automotive business and US tariffs. » Más en de.investing.com