Maxell : Notice of difference between non-consolidated financial results of the fiscal year ended March 31, 2019 and the results of the previous fiscal year
April 26, 2019 at 02:15 am EDT
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FOR IMMEDIATE RELEASE
Notice of difference between non-consolidated financial results of the fiscal
year ended March 31, 2019 and the results of the previous fiscal year
Tokyo, April 26, 2019－Maxell Holdings, Ltd. (TSE: 6810) today announced difference between non- consolidated financial results of the fiscal year ended March 31, 2019 and the results of the fiscal year ended March 31, 2018 as follows.
1.Difference between non-consolidated financial results of the fiscal year ended March 31, 2019 and the results of the fiscal year ended March 31, 2018 (April 1, 2018 through March 31, 2019)
Operating
Operating
Ordinary
Net income
Net income
revenue
income
income
per share
(Million yen)
(Million yen)
(Million yen)
(Million yen)
(yen)
Results of the fiscal year
55,639
3,253
3,589
3,518
66.58
ended March 2018 (A)
Results of the fiscal year
6,077
3,208
3,477
3,885
73.53
ended March 2019 (B)
Variance (C)=(B)-(A)
(49,562)
(45)
(112)
367
% of change (C)/(A)
(89.1)
(1.4)
(3.1)
10.4
2.Reason of difference between non-consolidated financial results of the fiscal year ended March 31, 2019 and the results of the fiscal year ended March 31, 2018
The Company has executed absorption-type company split as of October 1, 2017 in which the Company was a splitting company, and all the businesses excluding management control of group companies and real estate have been succeeded by succeeding company, Maxell, Ltd. which is the Company's wholly owned subsidiary, and transitioned to a holding company. The difference in Operating revenue between non-consolidated financial results of the fiscal year ended March 31, 2019 and the results of the previous fiscal year mentioned above has occurred due to the transition to the holding company.
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Hitachi Maxell Ltd. published this content on 26 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 26 April 2019 06:12:19 UTC
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 : Notice of difference between non-consolidated financial results of the fiscal year ended March 31, 2019 and the results of the previous fiscal year
MAXELL, LTD. 
