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Maxell falls on downward sales, operating profit revision

Wed Apr 15, 2026 10:24 am JST Catalyst

Maxell <6810> shares fell sharply on Wednesday after the company slashed its core operating profit forecast, overshadowing an upward revision to its net profit target.

Following the close on the 14th, the company lowered its consolidated sales forecast for the fiscal year ended March 2026 to 129.5 billion yen (down 0.2% year-on-year) from 136.5 billion yen. It also cut its operating profit outlook to 7.9 billion yen (down 15.2% year-on-year) from a previous estimate of 10.0 billion yen. The downward revision reflects a delayed recovery in semiconductor-related products and the burden of rising raw material costs.

Conversely, Maxell raised its net profit forecast to 8.2 billion yen (up 2.0-fold year-on-year) from 7.0 billion yen. The hike was driven by a one-off gain of approximately 2.9 billion yen from the sale of equity in an affiliated company. Despite the stronger bottom line, the focus on deteriorating core earnings triggered heavy selling pressure in morning trade.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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