Consumer Durables

Makita Corp.

In the news

Bargain hunters quietly defy coronavirus sell-off in Japan Feb 1, 2020
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Analysts less bullish on Japan Inc. earnings Sep 25, 2015

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	JPY	USD
Revenue	739,260M	6,578.64M
Gross Profit	228,318M	2,031.79M
Operating income	91,728M	816.28M
Income before tax	92,483M	823.00M
Net income	64,770M	576.38M
EBITDA	112,730M	1,003.17M
Diluted EPS	238.53	2.12
Dividends Per Share	72	0.64
Total Assets	1,007.49B	8,300.69M
Total liabilities	254,967M	2,100.65M
Total equity	746,344M	6,149.07M
Operating cash flow	-103,660M	-922.46M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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 2018	Mar 2019	Mar 2020	Mar 2021	Mar 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
PER	16.49
ROA	7.11%
ROE	9.22%
Operating margin	12.40%
Profit margin	8.76%

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

Shareholders

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

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 4 Oct, 2022