ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
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 2022 JPYUSD
Gross Profit228,318M2,031.79M
Operating income91,728M816.28M
Income before tax92,483M823.00M
Net income64,770M576.38M
Diluted EPS238.532.12
Dividends Per Share720.64
Total Assets1,007.49B8,300.69M
Total liabilities254,967M2,100.65M
Total equity746,344M6,149.07M
Operating cash flow-103,660M-922.46M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 477,298M 490,578M 492,617M 608,331M 739,260M
Gross Profit 175,906M 177,222M 168,841M 203,049M 228,318M
Operating income 80,231M 78,305M 64,046M 88,464M 91,728M
Income before tax 79,865M 79,919M 66,008M 87,199M 92,483M
Net income 54,943M 55,750M 47,731M 62,018M 64,770M
EBITDA 91,014M 89,576M 78,395M 104,955M 112,730M
Diluted EPS 202.37 205.33 175.80 228.40 238.53
Dividends Per Share 61 62 53 69 72
Total Assets 654,841M 680,250M 674,564M 812,878M 1,007.49B
Total liabilities 96,402M 103,028M 98,816M 149,552M 254,967M
Total equity 554,046M 572,748M 571,275M 657,855M 746,344M
Operating cash flow 34,191M 23,155M 57,310M 64,537M -103,660M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 4,306.48M 4,423.81M 4,530.82M 5,735.86M 6,578.64M
Gross Profit 1,587.13M 1,598.11M 1,552.90M 1,914.51M 2,031.79M
Operating income 723.89M 706.12M 589.05M 834.11M 816.28M
Income before tax 720.59M 720.67M 607.10M 822.18M 823.00M
Net income 495.73M 502.72M 439.00M 584.75M 576.38M
EBITDA 821.18M 807.75M 721.03M 989.60M 1,003.17M
Diluted EPS 1.82 1.85 1.61 2.15 2.12
Dividends Per Share 0.55 0.55 0.48 0.65 0.64
Total Assets 6,157.41M 6,145.81M 6,248.56M 7,356.36M 8,300.69M
Total liabilities 906.45M 930.82M 915.34M 1,353.41M 2,100.65M
Total equity 5,209.64M 5,174.57M 5,291.78M 5,953.43M 6,149.07M
Operating cash flow 308.49M 208.80M 527.10M 608.51M -922.46M

Valuation Measures

Mar 2022
Operating margin12.40%
Profit margin8.76%

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


  • Nomura Asset Management Co., Ltd. (3.2%)
  • Maruwa KK (3.0%)
  • Makita Corp. (3.0%)
  • Mitsubishi UFJ Financial Group, Inc. (3.0%)
  • Lazard Asset Management LLC (2.8%)
  • The Vanguard Group, Inc. (2.2%)
  • Makita Business Association (2.2%)
  • Sumitomo Mitsui Financial Group, Inc. (2.0%)
  • Nippon Life Insurance Co. (1.9%)
  • Black Creek Investment Management, Inc. (1.7%)

Contact Details

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.


  • Einhell Germany AG Pref
  • Basso Industry Corp. Ltd.
  • Qijing Machinery Co., Ltd. Class A
Last Updated on 4 Oct, 2022

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more