Panasonic: Beats Q2 Expectations And Raises Full-Year Outlook

I retain a 'Buy' rating for Panasonic Holdings after considering its solid results and favorable prospects. PCRFF's AI infrastructure exposure drove a 16.7% 2QFY27 operating profit beat, with its representative Energy and Industry segments revenues growing 46% and 20% YoY, respectively. Management raised FY2027 operating profit guidance by 20.3% to ¥710B, supported by robust AI demand, ongoing restructuring, and sustained inflation pass-through.