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In 2010, the global shipments of lithium batteries registered some 3.902 billion units, up 27.4% compared with that in 2010. The figure is estimated to reach approximately 4.448 billion units in 2011, up 14% over 2010.
In 2010, Panasonic restructured Sanyo’s battery business and merged it with Panasonic’s battery business into Panasonic Energy Device Corporation. In FY 2011, the company achieved revenue of JPY 760 billion (about USD 8.66 billion), with operating margin of 1.6%. The revenue from lithium battery reached JPY 298 billion, ranking first in the world.