01-November-2026
Corporate News
 
Panasonic Raises Annual Profit Forecast 20%, Sees Strong AI Demand
31-Oct-2026

Panasonic Holdings raised its full-year operating profit forecast by 20% to 710 billion yen ($4.5 billion) on Friday, helped by a range of factors including stronger-than-expected AI-related demand. • The Japanese company lifted its group operating profit forecast for the year ending March 2027 from 590 billion yen previously, raising it for the second successive quarter

News Source:- https://money.usnews.com/investing/news/articles/2026-10-30/panasonics-battery-unit-posts-higher-q2-operating-profit-lifts-forecast