Car battery industry M & A wave
Industry analysts believe that, Matsushita to spend 4.6 billion acquisition of Sanyo Electric trams deal could trigger a new round between the battery manufacturer M & A wave, becauseinspiron battery ， Latitude battery automobile manufacturers are reluctant to over-reliance on a limited number of batteries.
Matsushita, said recently that it has acquired 50.2% stake in Sanyo Electric. The acquisition, so that Matsushita was the world's biggest battery maker's holding of shares, strengthening its presence in the battery market. Panasonic is expected that by 2018, when the battery market will grow five times to the present, to 3.2 trillion yen (about 36 billion U.S. dollars) scale.
Tokyo investment bank Ichiyoshi Investment Management Co.'s Analyst Mitsushige Akino said, the battery will be the various car manufacturers such as Toyota Motor and other important product components, automobile manufacturers may try to mergers and acquisitions are key components of production vendors. He said: "We may see in the automotive industry and electronics industry, a merger took place between the waves."
Sanyo, Panasonic will be Volkswagen, Ford and Honda automotive customers. 2011 Matsushita plans to ¥ 123,000,000,000 investment will increase capacity of its lithium battery 3 times to the present.
AT Kearney in Tokyo analyst Eiji Kawahara that the tram development of new energy technologies may be Panasonic and Sanyo will provide more than the bargaining power of automobile manufacturers. Nomura Holdings Shotaro Noguchi, senior analyst, said: "It might lead to great changes in the industry."
Largest manufacturer
According to market research agency Tokyo Japan Economic Center Co. Said that, as of most recent fiscal year, Sanyo is the world's largest rechargeable battery maker, followed by manufacturers followed by Sony, Samsung SDI, Panasonic, BYD, and LG Chemical. Panasonic and Sanyo's market share and reached 43%.
Since last December 19 to announce this acquisition has been accumulated Matsushita shares rose 17% over the same period Sanyo Electric shares rose 29%. The Nikkei 225 Stock Average has risen 15%.
According to Nissan Motor CEO Carlos Ghosn is expected that if the price of oil has remained above 70 U.S. dollars a barrel, then the tram in the global auto demand by 2020 the proportion will reach 10% of the time.
In order to meet that demand, auto makers and electronics manufacturers Dell Inspiron 9200 battery， Dell Inspiron 9300 battery， Dell Inspiron 9400 battery， Dell Inspiron B120 battery， Dell Inspiron B130 batteryare either formed an alliance, or invest in to build their own battery manufacturing operations.
Cooperation
Kyoto, Japan, GS Yuasa Corp. Is a Honda Motor and Mitsubishi Motors formed a joint venture battery manufacturer, and Johnson Controls Inc. And France, Saft Groupe SA Ford Motor Co. and General Motors will offer battery products. GS stock has risen 21 percent this year, the company's value reached 3 billion U.S. dollars; Saft Groupe shares up 90 percent this year, valuing the company at 1.2 billion.
Honda spokesman Akemi Ando said: "Battery manufacturers and car makers to cooperate is to develop an effective way to car batteries."
Sony Executive Vice President Hiroshi Yoshioka told the media last month, Sony is working with several companies on the supply of automotive lithium batteries negotiations. He said that Sony is planning to invest 100 billion yen for research and development of rechargeable batteries.
Chinese battery maker BYD in Shenzhen has been the support of billionaire Warren Buffett, it agreed in May lithium battery hybrid energy vehicles and automotive fields to cooperate with Volkswagen. Automobile
BYD investor relations director John Lee, Samsung SDI spokesman Seo Hae Soo, as well as Nissan Motor spokesman Mitsuru Yonekawa have refused to buy Panasonic Sanyo deal comments. LG Chemical spokesman Tracey Park that the acquisition of Sanyo, Matsushita transaction will not be a significant impact on the overall market.
Barclays Capital analyst Yuji Fujimori said in Tokyo, the tram about 70% of the production costs will come from the electrical part.
Nissan Motor said it intends to Aveiro in Portugal of 160 million euros investment in production plant (about 236 million U.S. dollars), is expected to house plant that will begin profile production in 2012 the tram batteries. Toyota last year in Shizuoka Prefecture has established a major research battery R & D division.
Toyota spokesman Hideaki Homma Tokyo, said: "We want control of our own key to the future technologies such as electric motors and batteries. Fully understand the technology we use is very important for us."
Homma said today that Toyota is working with Panasonic to conduct negotiations in the hope to increase its joint venture between the two sides share of the battery manufacturer's shares.
Goldman Sachs, Daiwa
Matsushita agreed last year from Goldman Sachs, Daiwa Securities and Sumitomo Mitsui Financial Group acquired a controlling stake in Sanyo Electric. After more than a year, Panasonic Sanyo acquisition deal finally got the United States, Europe, Japan and China, and approval of antitrust regulators. Panasonic and Sanyo plan to focus on the competition with international competitors.
Sanyo rechargeable battery pack charge Mitsuru Honma said last week that: "Any technology has a major battery manufacturers are a threat to us."