Company profile

Maxell, Ltd.

EDINET
E01947
Securities
6810
Industry
Electric Appliances
Latest annual securities report
2026-06-24 Annual Securities Report PDF HTML
Latest financial report
—
Latest filing
2026-06-26 Extraordinary Report PDF HTML
Compare this company

Industry position

Electric Appliances

View details
Profitability Above average Current Top 45% 5-year trend Improving
Financial strength Weak Based on Equity ratio Current Bottom 25% 5-year trend Broadly stable
Growth Weak Current Bottom 27% 5-year trend Broadly stable
Cash generation Weak Current Bottom 24% 5-year trend Deteriorating

Latest half-year results

H1 FY2026

2025/04/01 - 2025/09/30

Consolidated · Japanese GAAP · Cumulative YTD

For H1 FY2026, revenue was ¥64.66 billion, up 2.4% year over year. Operating income was ¥5.06 billion, up 21.0% year over year. Net income was ¥4.29 billion, up 39.5% year over year.

Revenue ¥64.66B up 2.4% year over year
Operating income ¥5.06B up 21.0% year over year
Net income ¥4.29B up 39.5% year over year
Operating cash flow ¥5.25B
Free cash flow ¥987M
Total assets ¥167.82B

Half-year trend

Half-year financial trend

H1 values are cumulative year-to-date.

H2 values are calculated when comparable.

Consolidated · Japanese GAAP · Cumulative YTD

Mode

Half-year financial data

Annual key financial indicators

FY2026

Consolidated Japanese GAAP

Revenue reached ¥129.43 billion, down 0.3% year over year. Operating income was ¥7.89 billion, down 15.3% year over year. Operating margin was 6.1%. Net income was ¥8.26 billion, up 102.0% year over year. ROE was 9.2%; equity ratio was 48.2%; free cash flow was -¥6.13 billion.

Revenue ¥129.43B down 0.3% year over year
Operating income ¥7.89B down 15.3% year over year
Net income ¥8.26B up 102.0% year over year
Total assets¥180.47B
Total equity—
Operating cash flow¥8.37B
Free cash flow-¥6.13B

Industry position details

Electric Appliances

Annual data for the same fiscal year and industry

Comparison sample varies by metric

Profitability Above average

Operating margin Bottom 56% / ROE Top 35%

Financial strength Weak
Based on Equity ratio

Equity ratio Bottom 76%

Growth Weak

Revenue growth Bottom 73% / 3-year revenue CAGR Bottom 76%

Cash generation Weak

Operating cash flow margin Bottom 67% / Free cash flow margin Bottom 88%

Profitability Industry position history Improving
2026 Top 45% 2025 Bottom 43% 2024 Top 45% 2023 Bottom 40% 2022 Bottom 29%
Financial strength Industry position history Broadly stable
2026 Bottom 25% 2025 Bottom 39% 2024 Bottom 42% 2023 Bottom 32% 2022 Bottom 29%
Growth Industry position history Broadly stable
2026 Bottom 27% 2025 Bottom 24% 2024 Bottom 22% 2023 Bottom 15% 2022 Bottom 22%
Cash generation Industry position history Deteriorating
2026 Bottom 24% 2025 Bottom 41% 2024 Top 35% 2023 Top 44% 2022 Top 19%
Profitability Operating margin 6.1% Industry median 7.0% Bottom 56% Comparison sample 185
Profitability ROE 9.2% Industry median 7.3% Top 35% Comparison sample 188
Financial strength Equity ratio 48.2% Industry median 61.0% Bottom 76% Comparison sample 188
Growth Revenue growth -0.3% Industry median +4.0% Bottom 73% Comparison sample 186
Growth 3-year revenue CAGR -0.8% Industry median +3.0% Bottom 76% Comparison sample 180
Cash generation Operating cash flow margin 6.5% Industry median 9.2% Bottom 67% Comparison sample 187
Cash generation Free cash flow margin -4.7% Industry median 3.6% Bottom 88% Comparison sample 187

Annual financial data

Fiscal year Scope Accounting standard Revenue Operating income Ordinary income Profit before tax Net income Profit attributable to owners of parent Comprehensive income Total assets Total liabilities Net assets Shareholders' equity Equity Equity attributable to owners of parent Equity for ratio Operating cash flow Investing cash flow Financing cash flow Free cash flow Cash and cash equivalents Basic EPS P/E Share price Market cap Book value per share Dividend per share Shares issued Equity ratio Official equity ratio ROE ROA Operating margin Ordinary income margin Net margin Operating cash flow margin Free cash flow margin Dividend payout ratio Revenue YoY Operating income YoY Ordinary income YoY Profit before tax YoY Net income YoY Total assets YoY Equity YoY Operating cash flow YoY Investing cash flow YoY Financing cash flow YoY Free cash flow YoY Cash and cash equivalents YoY EPS YoY Dividend per share YoY Shares issued YoY Employees YoY Average salary YoY Employees Average salary
FY2026 Consolidated Japanese GAAP 129429000000 7891000000 8601000000 8260000000 8260000000 11420000000 180467000000 90284000000 90183000000 77832000000 90183000000 8372000000 -14505000000 2911000000 -6133000000 31557000000 202.03 10.19 2058.6857 96668057466.3400 2361.8 46956200 0.4997201704 0.482 0.0915915416 0.0457701408 0.0609677893 0.0664534223 0.0638187732 0.0646841125 -0.0473850528 -0.0029043342 -0.1531444516 -0.1196519959 1.0195599022 0.0969704706 -0.0423484937 -0.1488409923 -0.8074766355 1.3756613757 -4.3865267808 -0.0458091437 1.1695661512 0.0 -0.0084277061 3765
FY2025 Consolidated Japanese GAAP 129806000000 9318000000 9770000000 4090000000 4090000000 4961000000 164514000000 70343000000 94171000000 84905000000 94171000000 9836000000 -8025000000 -7749000000 1811000000 33072000000 93.12 19.58 1823.2896 85614751115.5200 2118.37 46956200 0.5724193686 0.555 0.0434316297 0.024861106 0.071784047 0.0752661664 0.0315085589 0.0757746175 0.0139515893 0.0051649773 0.1527898058 -0.0016349888 -0.4578472959 -0.0384921099 -0.0322278973 -0.3092696629 -0.6553217822 0.1834562698 -0.8071763203 -0.1446527868 -0.4342305122 -0.0551273951 -0.0401921132 3797
FY2024 Consolidated Japanese GAAP 129139000000 8083000000 9786000000 7544000000 7544000000 13231000000 171100000000 73793000000 97307000000 88229000000 97307000000 14240000000 -4848000000 -9490000000 9392000000 38665000000 164.59 9.68 1593.2312 79176899068.9600 2048.15 49695800 0.5687142022 0.549 0.0775278243 0.0440911748 0.0625914712 0.075778812 0.058417674 0.1102687802 0.0727278359 -0.0273919986 0.43366442 0.4547346514 0.4527248219 0.0173804979 0.1322666977 2.5591102224 -3.8301225919 0.3214158026 0.6436821841 0.0573163062 0.5054422391 0.0 -0.0377037217 3956
FY2023 Consolidated Japanese GAAP 132776000000 5638000000 6727000000 5193000000 5193000000 8373000000 168177000000 82237000000 85940000000 82487000000 85940000000 4001000000 1713000000 -13985000000 5714000000 36569000000 109.33 14.08 1539.3664 76500044741.1200 1807.25 49695800 0.5110092343 0.492 0.0604258785 0.0308781819 0.0424624932 0.0506642767 0.0391109839 0.0301334579 0.0430348858 -0.0393517346 -0.3958422632 -0.3196804207 2.4192402296 -0.0527107331 0.0156471589 -0.7830495608 1.4383316274 -1.2516502979 -0.6068528967 -0.1561714009 2.4778318464 -0.0683464095 -0.016507177 4111
FY2022 Consolidated Japanese GAAP 138215000000 9332000000 9888000000 -3659000000 -3659000000 2020000000 177535000000 92919000000 84616000000 84215000000 84616000000 18442000000 -3908000000 -6211000000 14534000000 43337000000 -73.98 1647.78 53341500 0.4766158786 0.459 -0.0432424128 -0.0206100206 0.0675179973 0.0715407156 -0.0264732482 0.1334298014 0.1051550121 -0.0060407752 1.4519180242 1.5709828393 0.6096233863 0.004117484 0.0121894326 0.4154578249 -1.4861301157 0.4775403769 -0.3101385988 0.3214514408 0.6096248219 0.0 -0.0823271131 4180
FY2021 Consolidated Japanese GAAP 139055000000 3806000000 3846000000 -9373000000 -9373000000 -3913000000 176807000000 93210000000 83597000000 88864000000 83597000000 13029000000 8039000000 -11888000000 21068000000 32795000000 -189.51 1640.98 53341500 0.4728149904 0.459 -0.1121212484 -0.053012607 0.0273704649 0.0276581209 -0.0674049836 0.0936967387 0.151508396 -0.0412710889 28.7810218978 49.6052631579 0.1062267569 -0.0115500942 -0.1002561564 -0.0841417124 1.6644899983 -5.6376326075 8.9003759398 0.4628869658 0.0765969887 0.0 -0.1082615505 4555
FY2020 Consolidated Japanese GAAP 145041000000 -137000000 76000000 -10487000000 -10487000000 -12336000000 178873000000 85961000000 92912000000 103571000000 92912000000 14226000000 -12098000000 -1791000000 2128000000 22418000000 -205.23 1828.68 53341500 0.5194299866 0.506 -0.1128702428 -0.0586281887 -0.0009445605 0.0005239898 -0.0723036934 0.0980826111 0.0146717135 -0.0368100197 -1.0252581121 -0.9884691246 -2.9745810582 -0.1028763448 -0.2596948329 23.8272251309 0.7388507534 -1.0792197452 1.0465106113 -0.011769892 -3.0418863795 0.0 -0.0294508835 5108
FY2019 Consolidated Japanese GAAP 150584000000 5424000000 6591000000 5311000000 5311000000 4499000000 199385000000 73880000000 125505000000 134079000000 125505000000 573000000 -46326000000 22608000000 -45753000000 22685000000 100.51 15.62 1569.9662 83744352057.3000 2328.41 53341500 0.6294605913 0.617 0.0423170392 0.0266369085 0.0360197631 0.0437695904 0.0352693513 0.0038051851 -0.303837061 0.0161000823 -0.3869801085 -0.2306525038 -0.2548056686 0.1692557602 0.0220776259 -0.9265101962 -4.1934977578 11.6290550071 -39.7417631345 -0.5018555524 -0.2548190985 0.3011124845 5263
FY2018 Consolidated Japanese GAAP 148198000000 8848000000 8567000000 7127000000 7127000000 6569000000 170523000000 47729000000 122794000000 131093000000 122794000000 7797000000 -8920000000 -2127000000 -1123000000 45539000000 134.88 15.36 2071.7568 2290.22 0.7201022736 0.71 0.0580402951 0.0417949485 0.0597039096 0.0578077977 0.0480910674 0.052612046 -0.0075777001 0.0968205098 0.1692876966 0.1597400839 0.2451083159 0.0693510761 0.0393939394 -0.3486759669 -2.8087105038 -0.047267356 -1.1166268564 -0.0687511503 0.2451994092 0.0199193142 4045
FY2017 Consolidated Japanese GAAP 135116000000 7567000000 7387000000 5724000000 5724000000 6254000000 159464000000 41324000000 118140000000 125869000000 118140000000 11971000000 -2342000000 -2031000000 9629000000 48901000000 108.32 18.75 2031.0000 2203.19 0.7408568705 0.73 0.0484509904 0.0358952491 0.0560037301 0.0546715415 0.0423635987 0.0885979455 0.0712646911 -0.1350693911 0.0357240624 0.103031208 0.4561180361 0.033092332 0.0378999526 -0.1659583362 0.630657625 0.2404637248 0.2018222666 0.1638384463 0.4561096922 -0.0183168317 3966

Source filings

Select a document type to load the filings list.

Select a filing type to load the list.

Document filter

Select filing types

Choose the filing types to display.

Filing types containing financial data are selected by default.

Source data: Financial Services Agency EDINET / Data organization, aggregation, and metric calculations: bestforever.jp