Panasonic(PCRFY)

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Panasonic: Silver Linings To The IRA Concerns
Seeking Alpha· 2024-12-15 12:47
Group 1 - Panasonic Holdings, a Japan-based conglomerate, has shifted focus from traditional industrials and home appliances to its automotive batteries segment, Panasonic Energy, due to the transition from combustion engines to electric vehicles [1] - Panasonic Energy is now a key supplier in the electric vehicle battery market, highlighting the company's strategic pivot in response to industry trends [1]
Panasonic: AI And HVAC Businesses Have Favorable Prospects (Rating Upgrade)
Seeking Alpha· 2024-12-11 20:00
Core Viewpoint - Panasonic Holdings Corporation's shares have been upgraded from Hold to Buy due to plans aimed at improving Return On Invested Capital (ROIC) and operating margin in its HVAC segment [1]. Group 1: Company Overview - Panasonic Holdings Corporation is focusing on enhancing its financial metrics, particularly ROIC and operating margin, which indicates a strategic shift towards improving profitability in its HVAC business [1]. Group 2: Investment Strategy - The research service Asia Value & Moat Stocks targets value investors looking for Asia-listed stocks with significant discrepancies between market price and intrinsic value, emphasizing deep value balance sheet bargains and wide moat stocks [1].
Panasonic Information Systems Selects Oracle Cloud Infrastructure to Drive Modernization of Internal Systems Across the Group
Prnewswire· 2024-06-13 15:00
Panasonic Group's IT subsidiary completes migration of one of its largest internal systems, its sales data analytics system, to Exadata Database Service AUSTIN, Texas, June 13, 2024 /PRNewswire/ -- Panasonic Information Systems Co., Ltd. (Panasonic IS), the IT subsidiary of Panasonic Holdings Corporation, has selected Oracle Exadata Database Service on Oracle Cloud Infrastructure (OCI) as the cloud database platform to support the internal systems used by all companies within the Panasonic Group. This entai ...
Panasonic: Chinese Battery Tariffs And A Ticker Change
seekingalpha.com· 2024-05-19 12:57
Core Viewpoint - The introduction of new tariffs on lithium-ion batteries from China is expected to benefit Panasonic and other South Korean manufacturers, potentially enhancing their profitability in the U.S. market as the EV industry faces challenges [2][29]. Company Overview - Panasonic's stock has declined to levels lower than a year ago, primarily due to its association with the EV industry, which is currently experiencing a downturn [1]. - The company is transitioning from being viewed as a home appliance manufacturer to a battery cell provider, with a focus on its energy division [1][2]. Tariff Impact - The U.S. is increasing tariffs on lithium-ion batteries and parts from 7.5% to 25%, which could make Chinese imports more expensive than U.S.-produced cells [5][29]. - This tariff change is likely to increase reliance on South Korean and Japanese manufacturers, including Panasonic, to fill supply chain gaps in the U.S. [3][29]. Financial Performance - Panasonic's recent quarterly results showed an increase in sales and profit year-over-year, aided by one-time gains from the sale of its LCD unit [11]. - The energy division currently accounts for approximately 11.9% of Panasonic's revenue, with expectations to grow significantly as new production capacity comes online [18]. Strategic Developments - Panasonic is constructing a new battery manufacturing facility in Kansas, expected to start mass production of 2170 cells by Q4 FY3/25 [14]. - The company has signed agreements with Subaru and Mazda for battery supply, diversifying its customer base beyond Tesla [15]. Valuation Metrics - Panasonic's stock is trading at a price-to-book ratio of 0.67, indicating it is undervalued compared to its book value [20]. - The company has a current ratio of 1.3 and a debt-to-equity ratio of 0.296, reflecting a conservative balance sheet [24]. Future Outlook - The energy division is projected to represent over 25% of Panasonic's sales by 2026, driven by capacity expansion and reinvestment from asset sales [18]. - The company aims for a return on equity of 10.9% for FY2024, up from 7.8% in 2023, as it focuses on improving capital efficiency [19].
Panasonic(PCRFY) - 2024 Q4 - Earnings Call Transcript
2024-05-10 21:47
Kenji Yasui - UBS Securities Yu Okazaki - Nomura Securities Junya Ayada - JPMorgan Securities Mikio Hirakawa - BofA Securities Kota Ezawa - Citi Group Securities Yasuo Nakane - Mizuho Securities Unidentified Company Representative I'd like to now present the fiscal 2024 financial results as well as fiscal 2025 financial forecast. This is a summary. Regarding the accounting treatment of the U.S. Inflation Reduction Act or IRA, the amount was recorded on PL as before. In fiscal 2024, both sales and profit inc ...
Panasonic Corp. (PCRFY) Flat As Market Sinks: What You Should Know
Zacks Investment Research· 2024-04-02 22:56
Panasonic Corp. (PCRFY) ended the recent trading session at $9.36, demonstrating no swing from the preceding day's closing price. This change was narrower than the S&P 500's daily loss of 0.72%. At the same time, the Dow lost 1%, and the tech-heavy Nasdaq lost 0.95%.Coming into today, shares of the company had lost 2.95% in the past month. In that same time, the Consumer Discretionary sector lost 0.15%, while the S&P 500 gained 2.16%.The investment community will be paying close attention to the earnings pe ...
Panasonic (PCRFY) to Sell Majority Stake in PAS to Apollo
Zacks Investment Research· 2024-04-01 14:00
Panasonic Holdings Corporation (PCRFY) has inked an agreement with Apollo Global Management, Inc. (APO) to sell its majority stake in Panasonic Automotive Systems Corporation (“PAS”) for an aggregate enterprise value of ¥311 billion.The transaction is expected to be completed by the end of the first quarter of 2025, subject to customary closing conditions, including regulatory approvals.Per the agreement, a newly formed company (indirectly owned by the funds managed by Apollo) will acquire all of the shares ...
Panasonic (PCRFY) Is Considered a Good Investment by Brokers: Is That True?
Zacks Investment Research· 2024-03-22 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Panasonic Corp. (PCRFY) .Panasonic currently has an average brokerage reco ...
3 Blue-Chip Bargains Under $20 for Outsized Total Returns
InvestorPlace· 2024-03-19 10:28
Blue-Chip stocks are like the fortress for the portfolio. These stocks defend the portfolio from volatility besides providing regular cash flows through dividends. At the same time, blue-chip stocks can deliver healthy capital gains. As a small example, Costco Wholesale (NASDAQ:COST) has trended higher by 226% (capital gains) in the last five years. This has led to this list of blue-chip stocks under $20.Therefore, in any market condition, I would look at 40% to 50% exposure to quality blue-chip names. It’s ...
Panasonic Corp. (PCRFY) Registers a Bigger Fall Than the Market: Important Facts to Note
Zacks Investment Research· 2024-03-14 22:56
In the latest market close, Panasonic Corp. (PCRFY) reached $9.15, with a -0.44% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.29% for the day. Meanwhile, the Dow experienced a drop of 0.35%, and the technology-dominated Nasdaq saw a decrease of 0.3%.Prior to today's trading, shares of the company had lost 1.08% over the past month. This has lagged the Consumer Discretionary sector's gain of 2.42% and the S&P 500's gain of 4.42% in that time.Analyst ...