Maxell, Ltd.
Notice Regarding Transfer of EF2 (Electro Fine Forming) Business by Share Transfer
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.
Key Figures
- Sales: 2,175 million yen (Fiscal Year Ending March 2025)
- Total Assets: 1,421 million yen (As of March 31, 2025)
- Transfer Price: 930 million yen (Planned)
AI要約
Reason and Method of Transfer
Maxell Holdings, Ltd. is promoting business portfolio reform from the standpoint of growth and profitability of existing businesses based on the medium-term management plan MEX26. The company has decided to transfer the EF2 business to Sonocom Inc. to further develop this business and accelerate portfolio reform. Regarding the transfer, a wholly owned subsidiary will first be established, and after business transfer by company split, Sonocom will acquire 100% of the shares of the new company.
Overview and Future Outlook of the Transfer
The EF2 business subject to transfer recorded sales of 2,175 million yen, total assets of 1,421 million yen, and total liabilities of 495 million yen for the fiscal year ending March 2025. The transfer price is 930 million yen, with execution scheduled for July 2026. The impact on consolidated results for the fiscal year ending March 2026 is expected to be minor.