Financial Results and Dividend Forecast for FY03/2022 slide image

Financial Results and Dividend Forecast for FY03/2022

- gremz Adoption of Residential Storage Battery Systems Outlook - Total Adoption (# units) for New / Existing Homes - Adoption of residential storage battery systems for new/existing homes stood at a total of 110,000 units/year in 2019. This market is expected to expand to 260,000 units/year in 2025 (cumulative: 1.58 million), and to 350,000 units/year in 2030 (cumulative: 3.14 million), excluding replacement sales. The forecast was raised by approximately 20,000 units, from 330,000 in the second METI forecast. Adoption of Storage Battery Systems as a share of PV adoption (both on a cumulative basis) is projected at approximately 44% in 2025 and 77% in 2030. Adoption of Residential Storage Battery Systems - Results and Outlook (Non-recurring) 40 (10,000 units) 350,000 units (Cumul: approx. 3.14 MM units) 35 I Storage Batteries for New Homes (Non-recurring) Storage Batteries for Existing Homes / New PV installations (Non-recurring) Forecast 30 270,000 units I Storage Batteries for Existing Homes / Post-FIT (Non-recurring) (Cumul: approx. 1.58 MM units) 25 20 15 10 5 0 2016 2017 2018 2019 130,000 units (Cumul: approx. 490 K units) 2020 2025 2030 Source: METI Commission for the Promotion of Stationary Storage Battery Systems 18 Copyright gremz, Inc All Rights Reserved
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