#MaxellHoldings

Maxell Holdings, Ltd. has resolved to transfer the EF2 business to Sonocom Inc., with a transfer price of 930 million yen and execution planned for July 2026.

Maxell Holdings, Ltd. plans to conclude a loan agreement with financial covenants totaling 10 billion yen with city and regional banks on March 16, 2026. The impact is expected to be minimal.

On March 1, 2026, Maxell Holdings, Ltd. acquired the secondary battery business from Murata Manufacturing Co., Ltd. and Tohoku Murata Manufacturing Co., Ltd., making the new company Maxell Sakura Co., Ltd. its subsidiary.

Maxell Holdings, Ltd. plans to transfer all equity of its consolidated subsidiary Wuxi Maxell Energy Co., Ltd. to a Chinese company for 48.96 million RMB (approximately 1,083 million JPY), with the transfer execution scheduled for February 2026.