Want to see JP:6810 full AI Analyst Report?
Top Page
Maxell, Ltd.
(6810)
Select Model
Select Model
Rating:70Outperform
Price Target:
¥2,827.00
▲(42.92% Upside)
Action:Upgraded
Date:08/04/26
The score is driven primarily by improving but still uneven financial fundamentals (flat revenue, volatile free cash flow, and a notable recent increase in leverage). Technicals are supportive with a strong trend above key moving averages, while valuation is a clear positive due to the low P/E and moderate dividend yield.
Positive Factors
Profitability Recovery
The return to sustained positive earnings after the 2021–2022 loss period indicates the company can generate operating profits across cycles. Durable profitability improves internal funding for R&D and capex, strengthens supplier/customer confidence, and reduces dependence on external financing over the next 2–6 months.
Negative Factors
Recent Debt Step-Up
A sharp increase in debt alongside declining equity materially reduces balance-sheet flexibility. Higher leverage raises fixed servicing needs and limits the firm's ability to fund capex, absorb demand shocks, or pursue strategic investments without either restructuring or refinancing in the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Profitability Recovery
The return to sustained positive earnings after the 2021–2022 loss period indicates the company can generate operating profits across cycles. Durable profitability improves internal funding for R&D and capex, strengthens supplier/customer confidence, and reduces dependence on external financing over the next 2–6 months.
Read all positive factors
Maxell, Ltd. (6810) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥88.36B
Dividend Yield2.05%
Average Volume (3M)139.49K
Price to Earnings (P/E)10.6
Beta (1Y)1.02
Revenue Growth6.32%
EPS Growth186.26%
CountryJP
Employees3,765
SectorGeneral
Sector StrengthN/A
IndustryConsumer Electronics
Share Statistics
EPS (TTM)230.13
Shares Outstanding40,664,000
10 Day Avg. Volume151,660
30 Day Avg. Volume139,486
Financial Highlights & Ratios
PEG Ratio0.09
Price to Book (P/B)0.97
Price to Sales (P/S)0.65
P/FCF Ratio77.55
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
¥2,180.00Price Target Upside10.21% Upside
Rating ConsensusHold
Number of Analyst Covering4
EPS Forecast (FY)199.02
Revenue Forecast (FY)¥146.70B
Maxell, Ltd. Business Overview & Revenue Model
Company Description
Maxell, Ltd., headquartered in Tokyo, Japan, and established in 1947, is a multifaceted enterprise engaged in the production and sale of energy solutions, industrial materials, and a diverse range of consumer electronics and appliances. Its extens...
How the Company Makes Money
Maxell makes money primarily by selling manufactured products through a mix of business-to-business (B2B) and business-to-consumer (B2C) channels. Key revenue streams typically include: (1) Energy-related products: sales of batteries and related p...
Maxell, Ltd. Financial Statement Overview
Summary
Income Statement
72
Positive
Balance Sheet
64
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 136.82B | 129.43B | 129.81B | 129.14B | 132.78B | 138.22B |
| Gross Profit | 32.10B | 30.42B | 31.86B | 33.28B | 30.10B | 34.60B |
| EBITDA | 13.87B | 15.67B | 11.66B | 14.02B | 12.15B | 3.69B |
| Net Income | 9.06B | 8.26B | 4.09B | 7.54B | 5.19B | -3.66B |
Balance Sheet | ||||||
| Total Assets | 185.34B | 180.47B | 164.51B | 171.10B | 168.18B | 177.53B |
| Cash, Cash Equivalents and Short-Term Investments | 27.55B | 31.56B | 33.07B | 38.66B | 38.17B | 45.55B |
| Total Debt | 39.28B | 37.37B | 18.84B | 18.34B | 25.99B | 32.86B |
| Total Liabilities | 92.15B | 90.28B | 70.34B | 73.79B | 82.24B | 92.92B |
| Stockholders Equity | 90.57B | 87.06B | 91.36B | 93.89B | 82.82B | 81.50B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 1.08B | 1.99B | 7.64B | -1.52B | 13.30B |
| Operating Cash Flow | 0.00 | 8.93B | 9.84B | 14.24B | 4.00B | 18.44B |
| Investing Cash Flow | 0.00 | -15.06B | -8.03B | -4.85B | 1.71B | -3.91B |
| Financing Cash Flow | 0.00 | 2.91B | -7.75B | -9.49B | -13.98B | -6.21B |
Maxell, Ltd. Technical Analysis
Positive
1978.00
Price Trends
2180.58
Positive
2106.69
Positive
2165.69
Positive
Market Momentum
91.45
Negative
59.63
Neutral
71.59
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:6810, the sentiment is Positive. The current price of 1978 is below the 20-day moving average (MA) of 2236.60, below the 50-day MA of 2180.58, and below the 200-day MA of 2165.69, indicating a bullish trend. The MACD of 91.45 indicates Negative momentum. The RSI at 59.63 is Neutral, neither overbought nor oversold. The STOCH value of 71.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:6810.
Maxell, Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥88.36B | 10.61 | ― | 1.99% | 6.32% | 186.26% | |
70 Outperform | ¥152.69B | 10.56 | 12.43% | 1.57% | 0.75% | -19.03% | |
65 Neutral | ¥5.14T | 31.89 | 4.27% | 1.41% | 6.22% | 606.26% | |
60 Neutral | ¥21.92T | -106.45 | -4.05% | 0.73% | 1.02% | -119.24% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
50 Neutral | ¥10.92T | 43.52 | 3.86% | 1.03% | -0.76% | -31.01% | |
50 Neutral | ¥423.97B | 18.82 | ― | ― | -11.67% | -63.93% |
* General Sector Average
JP:6810
Maxell, Ltd.
2,442.00
502.19
25.89%
JP:6971
Kyocera
3,908.00
2,055.06
110.91%
JP:6752
Panasonic
4,721.00
3,227.57
216.12%
JP:6758
Sony
3,912.00
-152.19
-3.74%
JP:6632
JVCKENWOOD Corporation
1,044.00
-197.68
-15.92%
JP:6753
Sharp Corporation
675.60
-206.30
-23.39%
Maxell, Ltd. Corporate Events
Maxell Uses Treasury Shares for New Restricted Stock Remuneration Scheme
Jul 31, 2026
Maxell has approved the disposition of 21,774 treasury shares of common stock as restricted stock remuneration, valued at about ¥44.8 million, to three executive officers and 110 employees for the fiscal period from April 1, 2026 to March 31,...
Maxell Delivers Strong Q1 Rebound but Guides Lower Full-Year Profit
Jul 31, 2026
Maxell, Ltd., listed on the Tokyo Stock Exchange Prime Market, operates in the electronics and industrial components sector, supplying a range of energy, industrial, and consumer-related products. The company serves both domestic and global market...
Maxell Completes Transfer of EF2 Business to SONOCOM
Jul 1, 2026
Maxell, Ltd. has completed the transfer of its Electro Fine Forming (EF2) business to a newly established company via a simplified absorption-type company split, as part of a previously announced restructuring. All shares of the new entity have no...
Maxell Issues Further Numerical Corrections to FY2026 Financial Results
Jun 2, 2026
Maxell, Ltd. has issued a further correction to its previously released consolidated financial results for the year ended March 31, 2026, following earlier amendments in May. The company identified errors in the reported figures for treasury share...
Maxell Confirms Year-End Dividend, Targets Payout Ratio Above 100%
May 22, 2026
Maxell’s board has approved a year-end dividend of 25 yen per share for the fiscal year ended March 31, 2026, matching its prior forecast and the previous year’s payout. The total dividend distribution will be 922 million yen, with an ...
Maxell Adjusts 2026 Financial Results After Battery Business Acquisition Price Update
May 22, 2026
Maxell, Ltd. has issued a partial correction to its previously released consolidated financial results for the year ended March 31, 2026, revising several cash flow and balance sheet figures after finalizing purchase price adjustments tied to its ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.