TOKYO, May 9 (Reuters) - Japan's Panasonic Holdings ( PCRFF )

said on Friday it will cut 10,000 employees and

expected to book structural reform costs of 130 billion yen

($896.06 million) this business year as part of a continuing

management reform push of its group.

The company will make the headcount reduction at

consolidated companies mainly in the current business year, with

half of the cuts planned for Japan and the other half for

overseas, it said in a statement.

Panasonic ( PCRFF ) will review the operational efficiency of its

group companies, particularly in the sales and back-office

divisions, it said.

The company also forecast a 39% operating profit jump for

its electric vehicle battery-making energy unit this fiscal year

to March 31,2026, upgrading it to 167 billion yen on expected

higher battery and energy storage system sales.

The energy segment, which makes batteries for Tesla

and other automakers, made 120.2 billion yen in the year that

ended in March, missing its own 124 billion yen forecast.

($1 = 145.0800 yen)