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The latest update is out from PowerX, Inc. ( (JP:485A) ).
PowerX, Inc. has secured a large-scale order for its stationary battery energy storage system, the PowerX Mega Power 2500, including related equipment and maintenance services, from an undisclosed energy-sector customer. The contract, valued at approximately JPY 2.6 billion, underscores growing demand for grid-scale storage solutions and reinforces PowerX’s positioning as a key supplier in Japan’s evolving energy infrastructure market.
Revenue from this contract will be recognized in the fiscal year ending December 2027, with no effect on the company’s earnings forecast for the year ending December 2026. The order is already reflected in PowerX’s projected probable orders of JPY 34.7 billion slated for 2027, offering investors greater visibility into the company’s medium-term revenue pipeline and supporting confidence in its growth outlook.
More about PowerX, Inc.
PowerX, Inc., listed on the Tokyo Stock Exchange Growth Market, operates in the energy storage sector, supplying large-scale stationary battery systems and related equipment. Its flagship offerings, such as the PowerX Mega Power series, target energy-related businesses that require grid-scale storage, maintenance, and ancillary services to support power system stability and efficiency.
Average Trading Volume: 2,404,173
For detailed information about 485A stock, go to TipRanks’ Stock Analysis page.