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Maxell

Hitachi Maxell, Ltd.
日立マクセル株式会社
Public KK
Traded as :
Industry Electronics
Founded November 7, 1947; 69 years ago (1947-11-07)
Osaka Prefecture, Japan
Headquarters
Key people
Yoshiharu Katsuta
(President and CEO)
Products
Revenue Increase ¥156.2 billion (2015)
Decrease ¥3.9 billion (2015)
Number of employees
4,040 (2015)
Parent Hitachi, Ltd. (32%)
Website www2.maxell.co.jp
Footnotes / references

Hitachi Maxell, Ltd. (日立マクセル株式会社 Hitachi Makuseru Kabushiki-gaisha?), commonly known as Maxell, is a Japanese company that manufactures consumer electronics.

The company's notable products are batteries—the company's name is a contraction of "maximum capacity dry cell"—wireless charging solutions, storage devices, computer tapes, professional broadcast tapes and functional materials.

In the past the company manufactured recording media, including audio cassettes and blank VHS tapes, and recordable optical discs including CD-R/RW and DVD±RW.

On March 4, 2008, Maxell announced that it would outsource the manufacturing of their optical media.

Maxell was formed in 1960 when a dry-cell manufacturing plant was created at the company's headquarters in Ibaraki, Osaka. In 1961, Maxell Electric Industrial Company, Limited was created out of the dry battery and magnetic tape divisions of Nitto Electric Industrial Company, Limited (now Nitto Denko Corporation).

On March 18, 2014 the company was listed on the First Section of the .

Hitachi Maxell, along with Nagasaki University, NIAIST, and Fuji Heavy Industries (the parent company of Subaru, makers of the R1e electric car), has developed a new chemistry for lithium-ion batteries. Part of the change is dropping the expensive cobalt element and using "nano-infused lithium" with manganese, with 20 times more power storage, and the ability to mass-produce it inexpensively.


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