Financial Results and Dividend Forecast for FY03/2022
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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
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