Koichi Tsuchiya
Senior Executive Officer & CFO
Replay available
Panasonic Holdings Corporation (0QYR) Q3 2026 Earnings Call
Panasonic Holdings Corporation (LSE: 0QYR) Q3 2026 earnings conference call, held 2026-02-04. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Masahiro Fujita
General Manager, Investor Relations
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Panasonic Holdings Corporation.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:06.182 I'll present the consolidated financial results for the third quarter of fiscal 2026 00:00:06.182 -- 00:00:09.384 and December 31st, 2025. 00:00:09.708 -- 00:00:13.555 The summary, sales and operating profit decreased year on year. 00:00:13.555 -- 00:00:18.704 Sales decreased overall due to lower sales in lifestyle and the deconsolidation 00:00:18.704 -- 00:00:23.453 of automotive despite higher sales in Kinect Industry Energy. 00:00:23.453 -- 00:00:28.760 By business, sales of generative AI-related businesses in industry energy 00:00:28.760 -- 00:00:33.847 increased. In addition to higher sales of process automation and connect, sales 00:00:33.847 -- 00:00:38.935 decreased in in-vehicle and energy consumer electronics and air 00:00:38.935 -- 00:00:42.620 conditioners in lifestyle and various other businesses. 00:00:42.620 -- 00:00:47.807 Adjusted operating profit increased overall due to increased profit in lifestyle, connect, 00:00:47.807 -- 00:00:51.432 and industry despite deconsolidation of automotive. 00:00:51.432 -- 00:00:56.720 Operating profit and net profit decreased due to recording of restructuring expenses 00:00:56.720 -- 00:01:02.289 for ongoing group management reform. Operating cash flows for the nine months decreased 00:01:02.289 -- 00:01:07.417 year-on-year due to the absence of monetization of IRA tax credit through 00:01:07.417 -- 00:01:12.526 transferable method in FY March 25 and restructuring 00:01:12.526 -- 00:01:17.632 expenses. As for the full year forecast, overall sales in adjusted OP remain 00:01:17.632 -- 00:01:23.158 unchanged by segment. Adjusted OP is revised downward in lifestyle 00:01:23.158 -- 00:01:28.404 and upward in connect and industry. Overall, adjusted OP forecast for energy 00:01:28.404 -...