Maxell : Notice regarding Selection and Application for Prime Market in the New Market Segments
October 01, 2021 at 02:12 am EDT
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FOR IMMEDIATE RELEASE
Notice regarding Selection and Application for Prime Market
in the New Market Segments
Tokyo, October 1, 2021 --- Maxell, Ltd. (TSE: 6810, hereinafter "the Company") today announced that the Company has selected and will apply for the Prime Market in the new market segments of Tokyo Stock Exchange, Inc. (hereinafter "TSE") after resolution at the Board of Directors held on September 28, 2021.
On July 9, 2021, the Company has received the results of the initial assessment by TSE of its compliance with the criteria for the market to be listed, and has confirmed of being compliant with the criteria to be listed in the Prime Market.
Toward the transition to the new market segments scheduled on April 4, 2022, the Company will proceed the procedures relating to selection and application for the new market segment in accordance with the application schedule set by TSE.
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Hitachi Maxell Ltd. published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2021 06:11:16 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.