Maxell, Ltd. has announced its new medium-term management plan, “MEX26” (Maximum Excellence 2026), aiming to accelerate the development of all-solid-state batteries as a core new business towards 2027.
Established in 1961, Maxell began as a manufacturer of batteries and magnetic tape. Leveraging its unique Analog Core Technologies—including mixing and dispersion, fine coating, and high-precision molding and forming—the company drives innovation across various fields. The “MEX26” plan focuses on improving profitability and capital efficiency while achieving sales and profit growth through proactive investments in growth areas.
In June 2023, Maxell achieved mass production of the world’s first small-sized sulfide-based all-solid-state battery. Building on this milestone, the company plans to commence mass production of medium-sized all-solid-state batteries by the end of fiscal 2027. These batteries offer high reliability with a lifespan of up to 20 years and can operate across a wide temperature range without the risk of leakage. By commercializing these batteries, Maxell aims to meet diverse market needs—including sensing and monitoring in harsh environments and automotive devices—contributing to the realization of a sustainable society.
The company targets sales of approximately 30 billion yen in its all-solid-state battery business by fiscal 2030. To achieve this, Maxell intends to make sequential investments toward developing next-generation technologies and commercializing medium-sized all-solid-state batteries.
Under the “MEX26” plan, Maxell will strengthen products with advantages in three focus areas: “Mobility,” “ICT/AI,” and “Human/Social Infrastructure.” Growth businesses within these areas include heat-resistant coin-type lithium batteries, coated separators, and primary batteries for medical devices. The company also plans to enhance relationships with global customers in the Americas, Europe, and Asia by strengthening its technical sales team.
Maxell aims to be recognized as an indispensable company by accelerating technology development in key areas and solidifying its position as a leading industry player.
Source: BusinessWire
