Panasonic Holdings surges on positive investor sentiment over data center battery sales target

Panasonic Holdings Corporation <6752> shares gapped higher at Tuesday's opening. Panasonic held an Investor Day on Monday and published presentation materials on its website. Its subsidiary, Panasonic Energy, revealed a net sales target of around 1.00 trillion yen for data center battery storage systems in fiscal year 2028, approximately triple the fiscal year 2025 level, prompting buying interest. Panasonic Energy also aimed to increase net sales to around 2.00 trillion yen in the same fiscal year, positioning the data center segment as a growth driver. Concurrently, Panasonic Industry announced its growth strategy for AI-related businesses. The firm outlined plans to drive growth by expanding supply capacity for high-performance multilayer substrate materials and conductive polymer capacitors, alongside launching new supercapacitor products, aiming to boost AI-related net sales to over 500.00 billion yen in fiscal year 2030.

Source: MINKABU PRESS

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