Makita Corporation (6586) Stock Price

Market cap
¥1.56T
P/E ratio
20.3x
Makita manufactures and sells power tools, garden equipment, and household appliances for professionals and consumers worldwide, known for reliable products like electric drills and lawn mowers.

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Business Overview

Makita's primary business is the manufacture and sale of power tools, garden equipment, air tools, and household appliances. These products serve a wide range of users, from professionals to consumers. In particular, products such as electric drills and lawn mowers are highly regarded within the industry.

The company operates in a single business field and does not provide segment explanations based on product categories. This reflects that all products maintain consistent quality and technical capability. Makita's products are trusted for their reliability worldwide.

For production and sales operations, Makita handles domestic operations directly, while overseas operations are managed by Makita (China) Limited and Makita do Brasil Ltda. This structure enables the company to supply products tailored to regional needs. Production facilities are located in the United States, Europe, China, Thailand, and other regions.

Sales operations are managed by subsidiaries worldwide, including Makita U.S.A., Inc. and Makita Canada Inc. This approach allows the company to respond quickly to regional markets and enhance customer satisfaction. Makita products are sold globally, establishing the company's position as a recognized international brand.

Additionally, Makita Europe N.V. (Belgium) functions as the regional headquarters for European operations, overseeing sales strategies by region. This strengthens the company's competitive position in the European market and supports sustained growth. As a trusted brand worldwide, Makita is positioned for continued expansion.

Management Policy

Makita aims to contribute to the realization of a sustainable society as a global supplier of power tools, garden equipment, and air tools. The company operates under principles including "management that lives with society" and "management that values customers," building a sound revenue structure and pursuing sustainable growth alongside shareholders and local communities.

In its medium-term management plan, Makita promotes the development of new products with high professional user satisfaction, based on battery charging/discharging technology and motor technology. The company also strengthens its sales and service infrastructure domestically and internationally, building trust with customers through rapid repair and logistics services.

Makita maintains a strong financial position capable of withstanding foreign exchange and country risks, while concentrating management resources in the professional tools sector. This strategy aims to maintain and acquire top market share in regions worldwide and build powerful brand strength.

The company enhances its research and development capabilities to lead the cordless market transition, while focusing on market development for cordless garden equipment and cleaning-related products. Makita also strengthens its diversified production and procurement systems, pursuing a strategy that avoids dependence on specific countries or regions.

Additionally, Makita reinforces its sales and after-sales service infrastructure in each region to enhance the Makita brand. Through these efforts, the company aims to contribute to the realization of a sustainable society and secure a firm position in the industry.

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