Maxell, Ltd. Provides Earnings Guidance for the Year 2023
June 01, 2023 at 02:15 am EDT
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Maxell, Ltd. provided earnings guidance for the year 2023. Net sales are forecast at JPY 133 billion, an increase of JPY 200 million from the previous year. The plan is to increase operating profit by JPY 1.9 billion from the previous year to JPY 7.5 billion, but this is a JPY 5 billion drop from the original mid-term plan.
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. 
