Maxell, Ltd. Revises Year End Dividend Guidance for the Year Ended March 31, 2024
April 26, 2024 at 02:00 am EDT
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Maxell, Ltd. revised year end dividend guidance for the year ended March 31, 2024. For the year, the company expects to pay year end dividend of JPY 30.00 per share compared to previous guidance of JPY 20.00 per share.
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.