Maxell, Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending March 31, 2022
October 28, 2021 at 02:00 am EDT
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Maxell, Ltd. revised consolidated earnings guidance for the fiscal year ending March 31, 2022. For the period,the company expected Net Sales of JPY 136,500 million against JPY 125,000 million announced earlier. Operating profit of JPY 9,500 million against JPY 6,000 million announced earlier. Profit attributable to owners of parent of JPY 5,700 million against JPY 3,500 million announced earlier. Net profit per share of JPY 115.25 against JPY 70.77 announced earlier.
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. 
