Hitachi Maxell Ltd. Provides Dividend Guidance for the Year Ending March 31, 2015; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2015
January 29, 2015 at 08:40 pm IST
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Hitachi Maxell Ltd. provided dividend guidance for the year ending March 31, 2015. For the year ending March 31, 2015, the company expects year end dividend of JPY 31.50 per share compared to JPY 63.00 per share paid a year ago.
The company reported consolidated earnings results for the nine months ended December 31, 2014. For the period, the company reported net sales of JPY 117,594 million against JPY 110,137 million a year ago. Operating income was JPY 4,601 million against JPY 5,318 million a year ago. Ordinary income was JPY 5,273 million against JPY 6,207 million a year ago. Income before income taxes and minority interests was JPY 2,394 million against JPY 2,589 million a year ago. Net loss was JPY 560 million or JPY 10.60 per share against net income of JPY 5,398 million or JPY 81.59 per share a year ago.
For the year ending March 31, 2015, on consolidated basis, the company expects net sales of JPY 154,000 million, operating income of JPY 5,100 million, ordinary income of JPY 4,900 million and net income of JPY 6,750 million or JPY 127.74 per share.
Maxell Ltd, formerly Maxell Holdings Ltd, is mainly engaged in the manufacturing and sales of energy, industrial materials and electric appliances and consumer products. The Company mainly operates through three business segments. The Energy segment manufactures and sells secondary batteries, such as coin type lithium secondary batteries, industrial lithium ion batteries and electrodes, and consumer lithium ion batteries, primary batteries such as lithium primary batteries and button batteries, and charger and battery packs. The Industrial Materials segment manufactures and sells optical components, functional materials, electroforming and precision parts, semiconductor-related embedded systems, mold and synthetic resin molded parts, adhesive tapes, radio-frequency identification (RFID) systems and Integrated Circuit (IC) cards, industrial rubber products and others. The Electric Appliance and Consumer segment manufactures and sells projectors, small electric equipments and others.
Hitachi Maxell Ltd. Provides Dividend Guidance for the Year Ending March 31, 2015; Reports Consolidated Earnings Results for the Nine Months Ended December 31, 2014; Provides Consolidated Earnings Guidance for the Full Year Ending March 31, 2015
MAXELL, LTD. 
