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Panasonic Holdings Corporation (6752.T)

Tokyo - Tokyo Delayed Price. Currency in JPY
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1,271.50-21.00 (-1.62%)
At close: 03:15PM JST
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  • Bloomberg

    Panasonic’s CEO Urges Managers to Embrace a ‘Sense of Crisis’

    (Bloomberg) -- Panasonic Holdings Corp.’s managers need to feel more of a “sense of crisis” given the company’s low profitability and will be judged accordingly, Chief Executive Officer Yuki Kusumi said. Most Read from BloombergCanada’s Immigration Minister Has a Message for Foreign Students: You Can’t All StayBrookfield Lines Up a 36-Year-Old Rising Star as Next Billionaire CEOBiden Faces Intensified Calls to Step Aside While Ill With CovidWall Street’s ‘Great Rotation Trade’ Takes a Break: Mar

  • Reuters

    Slowing EV uptake may delay Panasonic's EV battery expansion, CEO says

    A slowdown in the take-up of electric vehicles in the U.S. may prompt Tesla-supplier Panasonic to delay investing in additional plants to boost its automotive battery capacity in North America, the Japanese group's chief executive said. Panasonic, whose energy unit makes batteries for Tesla, is closely watching its Chinese supply chain and battery material procurement following China's move last year to tighten graphite export controls, Yuki Kusumi said. Kusumi's remarks may suggest Panasonic will not build a third battery plant in North America with its energy unit any time soon.

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