6/16/2025
Murata Manufacturing Co., Ltd.
President: Norio Nakajima
Murata Manufacturing Co., Ltd. (below, “Murata”) hereby announces that, pursuant to the Board of Directors today, a resolution was passed to transfer the micro primary battery
* business (below, “the Business”), which is operated by Murata and its wholly owned subsidiary, Tohoku Murata Manufacturing Co., Ltd. (below, “Tohoku Murata”), to Maxell, Ltd. (below, “Maxell”), and has entered into a share transfer agreement with Maxell. The closing of this transaction is scheduled to take place within FY2025.
*Micro primary batteries: Coin manganese dioxide lithium batteries, silver oxide batteries, and alkaline manganese batteries
Murata acquired the battery business, including the Business, from Sony Corporation in 2017 and has since operated it. However, after careful consideration, Murata has determined that the best course for the future growth and development of the Business is to transfer it to Maxell, the most suitable owner, and has decided to proceed with the transfer.
By allocating and focusing management resources on Cylindrical Type Lithium Ion Secondary Battery business, Murata and Tohoku Murata will aim to increase their competitive advantage and further expand their business, mainly in the power tool market and the ESS (energy storage system) market.
[Scheme of business transfer]
The business will be transferred to a newly established wholly owned subsidiary through a company split (absorption-type split) in which Murata and Tohoku Murata will be the splitting companies. The business will then be transferred through the acquisition by Maxell of 100% of the shares of the new subsidiary from Murata.
[Company profile]
| Name: |
Maxell, Ltd.
|
Location:
|
1 Koizumi, Oyamazaki, Oyamazaki-cho, Otokuni-gun, Kyoto 618-8525, Japan
|
Business activities:
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Manufacturing and sales of batteries, functional materials, optical components, devices, and electrical appliances
|
Capital:
|
12.2 billion yen
|
Established:
|
September 1960
|
Number of employees:
|
Consolidated: 3,797 / non-consolidated: 1,296 (as of March 31, 2025)
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Murata Manufacturing Co., Ltd.
| Name: |
Murata Manufacturing Co., Ltd. |
Location:
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10-1, Higashikotari 1-chome, Nagaokakyo-shi, Kyoto 617-8555, Japan |
Business activities:
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Research, production and sales of electronic devices made from functional ceramics |
Capital:
|
69,444 million yen (as of March 31, 2025) |
Established:
|
December 23, 1950 (founded October 1944) |
Number of employees:
|
Consolidated: 72,572 (as of March 31, 2025)
|
Tohoku Murata Manufacturing Co., Ltd.
| Name: |
Tohoku Murata Manufacturing Co., Ltd. |
Location:
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1-1, Shimosugishita, Takakura, Hiwada-machi, Koriyama-shi, Fukushima 963-0531, Japan |
Business activities:
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Development, design, and manufacture of primary and secondary batteries, etc. |
Capital:
|
300 million yen |
Established:
|
September 2017 |
Number of employees:
|
1,275 (as of May 30, 2025)
|
Murata in Brief
Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world.
For more information, visit Murata's website