Top Message
To our shareholders and investors,
Firstly, I would like to express my sincere gratitude for your continued support and patronage.
I am Keiji Nakamura and will continue to serve as president of the Company after approval at the Annual General Meeting of Shareholders held on June 26, 2025.
Our group is strongly promoting business and financial strategies in order to realize PBR over 1.0x at early stage.
In terms of business strategy, we are reforming our business portfolio by discontinuing the production of prismatic lithium-ion batteries which had problems in profitability, while concentrating our resources on highly reliable small batteries and making proactive investment to enhance this area. Additionally, we have commenced deliveries of all-solid-state batteries, which are expected to see future growth, aimed at customer mass production for industrial equipment and small devices, while also intensifying the development of applications for infrastructure and medical devices.
Furthermore, we have defined the three businesses of Energy, Functional Materials, and Optics & Systems as Analog Core Business Group to be prioritized for future growth. We will accelerate growth through innovation in Analog Core Technologies and proactive growth investments, including M&A, in the 3 focus areas of "Mobility," "ICT/AI," and "Human/Social Infrastructure," which have significant growth potential and technological evolution.
In terms of financial strategy, we will steadily execute growth investments and, during mid-term management plan MEX26 period, aim to maintain a total payout ratio of 100% or more. By continuing shareholder return measures, we will improve capital efficiency and, together with the strengthening of our business strategies, aim to achieve PBR of over 1.0x at early stage.
Going forward, management team and all employees will do its utmost to make the Company to become "Value-Creating Company" that provides the highest value to all stakeholders, including shareholders and investors.
I would like to ask all of you for continued support.
June 2025
Keiji Nakamura
President and Representative Director
Maxell, Ltd.