Maxell : Notice regarding Completion of Absorption-type Merger of Wholly Owned Subsidiary and Corporate Name Change
October 01, 2021 at 11:32 am IST
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Notice regarding Completion of Absorption-type Merger of Wholly Owned Subsidiary and Corporate Name Change
Tokyo, October 1, 2021－As previously announced in "Notice regarding Absorption-type Merger of Wholly Owned Subsidiary, Change of Corporate Name and Partial Amendments to the Articles of Incorporation" on April 28, 2021, Maxell, Ltd. (TSE: 6810, hereinafter "the Company") today announced that the absorption-type merger between the Company and Maxell, Ltd. used to be a wholly owned subsidiary of the Company has become effective and the corporate name of the Company has been changed from Maxell Holdings, Ltd. to Maxell, Ltd. as of today following the approval of the proposal of partial amendments to the Articles of Incorporation at the Annual general Meeting of Shareholders held on June 29, 2021.
Going forward, the Company will strive to achieve medium- to long-term growth by leading whole group strongly and become "Value Creation Company" that delivers highest value to all stakeholders.
1. Profile of the Company (Maxell, Ltd.)
(1)
Name
Maxell, Ltd.
(2)
Address
1 Koizumi, Oyamazaki, Oyamazaki-cho,Otokuni-gun,
Kyoto, Japan
21F Taiyo Life Shinagawa Building, 2-16-2 Konan, Minato-ku,
Tokyo, Japan
(3)
Representative
Mr. Keiji Nakamura
President and Representative Director
(4)
Description of
Production and Sales of Energy, Industrial Materials, Optics & Systems
Business
and Life Solution related products
(5)
Capital
12,203 million yen
(6)
Date of Establishment
September 3, 1960
(7)
Outstanding Shares
53,341,500 shares
(8)
End of Fiscal Year
March 31
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Hitachi Maxell Ltd. published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2021 06:01:04 UTC.
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.
MAXELL, LTD. 
