Maxell, Ltd. Financial Summary for the Second Quarter (Interim) of the Fiscal Year Ending March 2027

Overview of Results

Despite rising raw material costs and yen depreciation, Maxell, Ltd. posted higher revenue and profits compared with the prior-year period as sales of core product groups remained strong. By segment, Energy, Functional Materials, Optics, Systems, and Value Co-creation contributed to revenue and profit growth, with particularly notable margin improvements in Functional Materials. The full-year forecast is revenue of 143,000 million yen, operating income of 10,000 million yen, and net income attributable to owners of parent of 6,700 million yen. Supplementary materials note that foreign exchange effects and uncertainties related to the Middle East remain as risks.

Outlook and Financial Position

In line with the full-year forecast published on April 27, 2026, we will continue growth strategies for the fiscal year ending March 2027. We aim to improve profitability through the start-up of new production lines and portfolio reforms, and to secure early contributions from new businesses centered on all-solid-state batteries. However, uncertainties remain from demand pull-forward prior to primary battery price revisions, geopolitical risks, and continued volatility in raw material and energy prices and supply, so attention to external conditions is necessary.