Powerx Secures Major Order for 2.5 Billion
TOKYO, Jul 15 (Pulse News Wire) – Powerx,inc. (485A.T) announced on July 15 that it had secured a significant contract for its large-scale stationary power storage system, "PowerX Mega Power 2,700A," along with peripheral equipment.
The order amount is approximately ¥2.5 billion, according to the company's statement. The sale is expected to be recognized in the fiscal year ending December 2027.
In accordance with regulatory requirements, the company will disclose any orders exceeding the previous consolidated revenue of approximately ¥1.930 billion for the fiscal year ending December 2025 whenever such contracts are concluded. Regarding future outlook, the company stated that the sales from this order will not impact the current fiscal year’s earnings forecast.
However, the order is included in the projected sales for the fiscal year 2027, which was previously outlined in the first quarter results presentation released on May 14, specifically noted on page 16 of the document.
