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Makita Corporation rises for third straight day on forecast of higher sales and profit for fiscal year ending March 2027, driven by 40V max series

Thu Apr 30, 2026 10:17 am JST Catalyst

Makita <6586> extended its winning streak to a third session. After the close on April 28, the company issued a positive outlook for the fiscal year ending March 2027, forecasting sales of 820 billion yen (up 5.5%), operating profit of 110 billion yen (up 5.1%), and net profit of 81 billion yen (up 2.0%). Investors also welcomed the announcement of a 79 yen interim dividend, a sharp increase from 20 yen a year earlier.

The group is expanding its sales force and product lineup, particularly the "40V max" lithium-ion battery series. Retail investors and institutions expect growth in new markets beyond construction, such as gardening and infrastructure. For the current year, Makita assumes exchange rates of 155 yen to the dollar (vs 150.67 yen last year), 180 yen to the euro (vs 174.64 yen), and 22.50 yen to the yuan (vs 21.22 yen).

For the fiscal year ended March 2026, Makita reported sales of 777.6 billion yen (up 3.2%) and a 0.1% rise in net profit to 79.4 billion yen. Operating profit fell 2.2% to 104.7 billion yen, as higher personnel and advertising costs weighed on margins despite robust sales of "40V max" products. The annual dividend was set at 150 yen.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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