Maxell, Ltd. Reports Earnings Results for the Full Year Ended March 31, 2023
April 27, 2023 at 02:00 am EDT
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Maxell, Ltd. reported earnings results for the full year ended March 31, 2023. For the full year, the company reported sales was JPY 132,776 million compared to JPY 138,215 million a year ago. Net income was JPY 5,193 million compared to net loss of JPY 3,659 million a year ago.
Basic earnings per share from continuing operations was JPY 109.33 compared to basic loss per share from continuing operations of JPY 73.98 a year ago.
Maxell Ltd, formerly Maxell Holdings Ltd, is mainly engaged in the manufacturing and sales of energy, industrial materials and electric appliances and consumer products. The Company mainly operates through three business segments. The Energy segment manufactures and sells secondary batteries, such as coin type lithium secondary batteries, industrial lithium ion batteries and electrodes, and consumer lithium ion batteries, primary batteries such as lithium primary batteries and button batteries, and charger and battery packs. The Industrial Materials segment manufactures and sells optical components, functional materials, electroforming and precision parts, semiconductor-related embedded systems, mold and synthetic resin molded parts, adhesive tapes, radio-frequency identification (RFID) systems and Integrated Circuit (IC) cards, industrial rubber products and others. The Electric Appliance and Consumer segment manufactures and sells projectors, small electric equipments and others.
MAXELL, LTD. 
