Maxell, Ltd. Responses to the Orders for Action Issued by Consumer Affairs Agency
November 31, 2021
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Maxell, Ltd. had announced to consider about responses to the Orders for Action issued by Consumer Affairs Agency as of July 28, 2021 to the company against the representations used for the product, Anti-bacterial Deodorizer OZONEO AERO (Model number: MXAP-AE270) in the company?s website under the provisions of the Article 7, Paragraph 1 of the Act against Unjustifiable Premiums and Misleading Representations (Act No. 134 of 1962). After considering the negative impact as well as the cost that may cause by continuing the dispute, the Company has decided to make a formal company announcement to accept the Orders for Action and posted the same to the company's website.
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. 
