Consumer Durables

Makita Corp.

Business Summary

Makita Corp. engages in the production and sale of electric power tools, woodworking machines, and household equipment. It operates through the following segments: Japan, Europe, North America, and Asia. Its products include drilling, fastening, cutting, grinding, sawing, sanding, pneumatic tools, and outdoor power equipment. The company was founded by Mosaburo Makita on March 21, 1915 and is headquartered in Anjo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	764,702M	5,642.83M
Gross Profit	188,748M	1,392.79M
Operating income	28,246M	208.43M
Income before tax	23,887M	176.26M
Net income	11,705M	86.37M
EBITDA	54,135M	399.46M
Diluted EPS	43.10	0.31
Dividends Per Share	21	0.15
Total Assets	1,099.35B	8,260.20M
Total liabilities	323,652M	2,431.82M
Total equity	769,247M	5,779.90M
Operating cash flow	44,430M	327.85M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	490,578M	492,617M	608,331M	739,260M	764,702M
Gross Profit	177,222M	168,841M	203,049M	228,318M	188,748M
Operating income	78,305M	64,046M	88,464M	91,728M	28,246M
Income before tax	79,919M	66,008M	87,199M	92,483M	23,887M
Net income	55,750M	47,731M	62,018M	64,770M	11,705M
EBITDA	89,576M	78,395M	104,955M	112,730M	54,135M
Diluted EPS	205.33	175.80	228.40	238.53	43.10
Dividends Per Share	62	53	69	72	21
Total Assets	680,250M	674,564M	812,878M	1,007.49B	1,099.35B
Total liabilities	103,028M	98,816M	149,552M	254,967M	323,652M
Total equity	572,748M	571,275M	657,855M	746,344M	769,247M
Operating cash flow	23,155M	57,310M	64,537M	-103,660M	44,430M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	4,423.81M	4,530.82M	5,735.86M	6,578.64M	5,642.83M
Gross Profit	1,598.11M	1,552.90M	1,914.51M	2,031.79M	1,392.79M
Operating income	706.12M	589.05M	834.11M	816.28M	208.43M
Income before tax	720.67M	607.10M	822.18M	823.00M	176.26M
Net income	502.72M	439.00M	584.75M	576.38M	86.37M
EBITDA	807.75M	721.03M	989.60M	1,003.17M	399.46M
Diluted EPS	1.85	1.61	2.15	2.12	0.31
Dividends Per Share	0.55	0.48	0.65	0.64	0.15
Total Assets	6,145.81M	6,248.56M	7,356.36M	8,300.69M	8,260.20M
Total liabilities	930.82M	915.34M	1,353.41M	2,100.65M	2,431.82M
Total equity	5,174.57M	5,291.78M	5,953.43M	6,149.07M	5,779.90M
Operating cash flow	208.80M	527.10M	608.51M	-922.46M	327.85M

Valuation Measures

Mar 2023
PER	76.09
ROA	1.11%
ROE	1.54%
Operating margin	3.69%
Profit margin	1.53%

Key executives

President & Representative Director: Munetoshi Goto
Director & General Manager-Technology Development: Tetsuhisa Kaneko
Director, Executive Officer & GM-Purchasing: Shinichiro Tomita
Director, Executive Officer & GM-Quality: Tomoyuki Ota
Director, Executive Officer & GM-Domestic Sales: Takashi Tsuchiya

Shareholders

Maruwa KK (3.0%)
Nomura Asset Management Co., Ltd. (3.0%)
Makita Corp. (3.0%)
Mitsubishi UFJ Financial Group, Inc. (3.0%)
Lazard Asset Management LLC (2.8%)
The Vanguard Group, Inc. (2.3%)
BlackRock Fund Advisors (2.2%)
Makita Business Association (2.2%)
Sumitomo Mitsui Financial Group, Inc. (2.0%)
Nippon Life Insurance Co. (1.9%)

Contact Details

Website:http://www.makita.co.jp
Phone: +81.566.98.1711

Related Companies

Makita Kazakhstan LLP
Makita Elvaerktoj Danmark
Makita Norway
Makita Restricted Stock Compensation Plan
Amadera Pneumatics Co. Ltd.
Makita Hardware UD
Makita LLC
Makita Colombia SAS
Makita Africa SARLAU
Makita Peru SA
Makita Ferramentas Electricas, Sociedade Unipessoal Lda.
Makita (New Zealand) Ltd.
Makita Bulgaria EOOD
Makita Power Tools India Pvt Ltd.
Makita Chile Comercial Ltda.
Makita Vietnam Co. Ltd.
Makita Power Tools (Malaysia) Sdn. Bhd.
Makita Manufacturing (Thailand) Co. Ltd.
Makita Power Tools (HK) Ltd.
Makita Ukraine LLC
Makita sro
Makita doo
Makita Werkzeug GmbH (Germany)
Zest KK
Makita Herramientas Electricas de Argentina SA
Makita Ichinomiya Corp.
Makita Korea Co., Ltd.
Makita Mexico SA de CV
Makita SA (Switzerland)
Makita Canada, Inc.

Competitors

Einhell Germany AG Pref
Basso Industry Corp. Ltd.
Qijing Machinery Co., Ltd. Class A

Last Updated on 31 May, 2023