PowerX Revises Earnings Forecast Upward! Coinciding with the approval of two new listings in the energy sector, there is a growing sense of momentum among energy security stocks. On June 25, PowerX, Inc. disclosed its earnings forecast for the fiscal year ending December 2026. The company projects net sales of ¥40.0 billion (compared to ¥19.31 billion in the prior fiscal year, representing a year-on-year growth rate of 107.2%), effectively doubling revenue, while operating income is expected to swing to a profit of ¥2.0 billion from a loss of ¥680 million in the prior fiscal year. The company develops and manufactures large-capacity battery storage systems in-house, addressing challenges in the power infrastructure through proprietary "storage" technology that compensates for the intermittency of renewable energy. Solar and wind power generation, which is subject to weather conditions, has long faced barriers to wider adoption due to mismatches in the timing of supply and demand. Battery storage systems play a vital role in storing surplus electricity and supplying it when needed, enabling both the effective utilization of energy and a stable power supply. Against the backdrop of a global transition toward a decarbonized society, the company's efforts to establish a manufacturing infrastructure in the high-growth energy storage sector underpin the projected substantial revenue growth and return to profitability.