Makita Reports First Quarter Revenue Increase Amid Global Economic Uncertainty

TOKYO, Jul 29 (Pulse News Wire) – Makita Corporation (6586.NG) reported a revenue increase of 14.6% to ¥88.7 billion for the quarter ending June 30, 2026, compared to the same period last year. Operating profit rose by 23.1% to ¥9 billion due to improved cost efficiency from tariff refunds in the United States.

Net income attributable to parent shareholders increased by 20.9% to ¥8.1 billion. The company noted that despite challenging economic conditions globally, including high interest rates and supply chain disruptions, robust sales in North America and Europe contributed significantly to the positive results. In particular, strong performance in infrastructure investments and key industries bolstered earnings. However, regional markets such as China faced ongoing challenges due to prolonged real estate downturns affecting tool demand.

For the fiscal year ending March 31, 2027, Makita maintains its previous forecast without revision, projecting overall revenue growth and continued focus on high-value products in emerging sectors. The company plans to hold an analyst call via telephone conference to discuss these results further. Makita’s capital structure showed an increase in total assets by ¥10.1 billion and liabilities by ¥4.5 billion, primarily driven by inventory buildup and operational debt. Equity grew by ¥4.7 billion, largely influenced by foreign exchange rate fluctuations impacting overseas operations.