Panasonic cuts outlook as battery business struggles

Investing.comThursday, October 30, 2025 at 12:58:26 PM
Panasonic cuts outlook as battery business struggles
Panasonic has revised its financial outlook downward due to ongoing struggles in its battery business. This adjustment highlights the challenges the company faces in a competitive market, particularly as demand for electric vehicle batteries fluctuates. Investors and stakeholders are concerned about the implications for Panasonic's overall performance and future growth, making it a significant development in the tech and automotive sectors.
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