Panasonic Holdings Corp
6752: XTKS (JPN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
¥1,713.00 | Yqsh | Zfxnlym |
Panasonic Earnings: Electronic Devices and Materials for Generative AI Offset Macro Weakness
Our impression of Panasonic’s June quarter results is mixed. Operating income of JPY 83.8 billion was down 7% year on year and below our expectation of JPY 90 billion. Still, excluding the impact of the one-time expenses and inventory adjustments of the automotive battery in the energy segment, it was broadly in line with our expectations.