Maxell announces 14.5 bn yen share buyback to boost shareholder returns

Maxell, Ltd. announced on November 18, 2025, that its board of directors resolved to execute a share buyback. This acquisition will be conducted via an off-auction own share buyback system (ToSTNeT-3) on the Tokyo Stock Exchange at 8:45 a.m. on November 19, 2025, at today's closing price of 2,103 yen. The company aims to acquire up to 6,867,000 shares, representing 15.9% of its total issued shares outstanding (excluding treasury shares), with an upper limit of 14.5 billion yen.

The buyback is motivated by Maxell's "Mid-Term Management Plan MEX26," which prioritizes portfolio reform, strengthening business foundations, and maximizing capital efficiency with a total payout ratio exceeding 100%. The decision was also prompted by a shareholder's intent to sell a large block of Maxell shares, with the company aiming to prevent market disruption and further contribute to shareholder returns.

As of September 30, 2025, Maxell reported 43,167,287 issued shares outstanding (excluding treasury shares) and held 3,788,913 treasury shares. The results of this specific share buyback transaction will be announced after completion on November 19, 2025.