Financial Data
- Sales Data
- Profit Data
- Information by Business Segment
- Net Assets and others
- Capital Investment
and others - Cash Flows
- Per Share Data
- ROE・ROA・ROIC
Financial Highlights
Net Sales
Net sales had been on a declining trend due to a review of the business portfolio. However, in fiscal 2024, despite decreased sales of rechargeable batteries, automotive optical components, semiconductor-related products, and licensing revenues, increased sales of primary batteries, adhesive tapes, coated separators, and health and beauty care products resulted in a 0.5% increase compared to the previous fiscal year.
Operating Profit/Operating Profit Ratio
In fiscal 2024, operating profit rose by 15.3% compared to the previous fiscal year due to increased profits from primary batteries, coated separators, and health and beauty care products, as well as the impact of the weaker yen. The operating profit ratio improved to 7.18%
Maxell's basic policy is to continue to return profits to shareholders stably and appropriately, while taking into consideration current capital investment funding and investment funds focused on future business development. As for dividends, Maxell adopts a dividend payout ratio of 30-40% as a guide when paying dividends Additionally, during the period of the Mid-Term Management Plan MEX26, Maxell is enhancing shareholder returns with a total payout ratio of 100% or more as a guide.
Maxell views around 50% as an appropriate shareholders' equity ratio from the standpoint of capital structure optimization. It aims to ensure a robust financial structure by utilizing borrowing while providing stable and continuous shareholder returns.
ROIC
Maxell has been employing ROIC as an important, groupwide management benchmark since fiscal 2019, as an indicator that demonstrates profitability with regard to invested capital. In fiscal 2024, ROIC improved to 5.78% due to factors such as an increase in operating profit.
ROE・ROA
In fiscal 2024, ROE decreased to 4.42% due to a decrease in net profit resulting from the recording of operating expenses and extraordinary losses associated with the production discontinuation of prismatic lithium-ion batteries. However, ROA increased to 5.82% due to an increase in operating profit.
* From the beginning of FY2021, the Company has applied the "Accounting Standard for Revenue Recognition" (ASBJ Statement No. 29 of March 31, 2020), etc. The numbers relating to FY2021 onwards are after application of the accounting standards, etc.