★Top 10 Popular Themes

1. Data Centers

2. Physical AI

3. Semiconductors

4. Semiconductor Manufacturing Equipment

5. Recycling

6. Artificial Intelligence

7. SaaS

8. Space Development

9. Defense

10. JPX-Nikkei 400

In the "Popular Theme Rankings" compiled by Minkabu and Kabutan, "Battery Storage" ranks 11th.

As Middle East tensions intensify and energy costs face upward pressure, demand is expected to strengthen for battery storage systems for renewable energy sources such as solar and wind. Amid AI proliferation, expanding data centers with high power consumption are driving medium-term demand for battery storage as distributed power sources.

Regarding grid-connected battery storage, TOKYO GAS CO.,LTD. <9531> announced on April 16 a policy to set an operational target of 2,000,000 kilowatts by the early 2030s. The company raised its goal from the previous target of 1,000,000 kilowatts for fiscal 2030. PowerX, which manufactures and sells batteries, announced a production line expansion in March to meet growing medium-term demand.

In Tokyo trading on April 22, the Nikkei Average showed resilience after a weak start, while the TOPIX continued to decline, with declining issues on the Prime Market exceeding 1,200. Battery storage-related stocks were generally weak; PowerX slipped, and GS Yuasa Corporation <6674> fell sharply despite gains the previous day following new foreign brokerage coverage. TESS Holdings CO.,Ltd. <5074> retreated after the previous day's jump on an order announcement, while GreenEnergy & Company Inc. <1436> remained lackluster.

Source: MINKABU PRESS

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