Maxell, Ltd.
Notice Regarding Change in Consolidated Subsidiary (Equity Transfer)
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.
Key Figures
- Transfer Price: 48.96 million RMB (approximately 1,083 million JPY)
- Equity Ratio Before Change: 100%
- Equity Ratio After Change: 0%
AI要約
Overview of the Change
Maxell Holdings, Ltd. has resolved to transfer all of its equity in the consolidated subsidiary Wuxi Maxell Energy Co., Ltd. (WME). WME engaged in the manufacturing of prismatic lithium-ion batteries and completed production in May 2025. Initially, dissolution of WME was planned; however, upon receiving an offer from a domestic Chinese company to acquire all equity, the dissolution plan was canceled and the transfer decided. The transfer price is 48.96 million RMB (approximately 1,083 million JPY), resulting in an equity ratio of 0% post-transfer. The transfer is scheduled to be executed in February 2026.
Future Outlook
The impact of this equity transfer on consolidated financial results for the fiscal year ending March 2026 is expected to be minimal. Should any matters requiring disclosure arise in the future, prompt notification will be made. The Chinese company acquiring the equity is deemed reliable with appropriate business operations, and no technical collaboration or brand licensing is deemed necessary.
