Makita Corporation

Is Makita Corporation publicly traded?
Yes, on the Tokyo and Nagoya Stock Exchanges under code 6586, a Nikkei 225 component.

Does Makita have a parent company?
No. It is an independent public company with dispersed shareholders and no controlling owner.

What brands does Makita own?
Essentially one: the Makita flagship. It retired the Maktec value line and folded the acquired Dolmar brand into Makita.

When was Makita founded?
Mosaburo Makita founded the business in 1915 in Nagoya; it was incorporated in 1938.

What is Makita's revenue?
JPY 777.6 billion for the fiscal year ended March 31, 2026, up 3.2 percent, with operating profit of JPY 104.7 billion.

Where is Makita headquartered?
Anjo, Aichi Prefecture, Japan, with manufacturing in eight countries across three continents.

What makes Makita different from competitors?
Its owned global sales and service network, its single brand focus, and its early push into cordless outdoor power equipment.

Mosaburo Makita opened an electric motor sales and repair shop in Nagoya in 1915, incorporating as Makita Electric Works in 1938. The company built motors and generators before pivoting to tools: in 1958 it produced Japan's first portable electric planer, the product that established its power tool identity.

International expansion came remarkably early for a Japanese mid sized maker. A US subsidiary opened in 1970, followed by European and Asian operations, building the global sales network that remains its structural advantage. Cordless tools became its modern franchise: nickel cadmium drills in the 1980s and 1990s, then the 18V LXT lithium ion platform from 2005 that grew to more than 300 compatible tools.

Strategic evolution since 2010 has pushed beyond construction tools into outdoor power equipment and commercial cleaning, where cordless mowers, trimmers and blowers extend its battery platform into landscaping. The acquisition of German outdoor equipment maker Dolmar years earlier had seeded that capability.

Fiscal 2026, ended March 31, 2026, delivered revenue of JPY 777.6 billion, up 3.2 percent, though operating profit eased to JPY 104.7 billion on labor and sales cost increases. The company changed its dividend policy to a consolidated payout ratio above 50 percent, announced JPY 55.9 billion in buybacks, and adopted a 2030 vision targeting JPY 820 billion in FY2027 revenue.

Makita publishes environmental reporting covering emissions, water use and waste across its eight global plants under Japanese corporate governance frameworks. Product level sustainability centers on battery powered equipment displacing combustion engines in landscaping and grounds care.

The company is not B Corp certified; its posture is standard Japanese industrial ESG disclosure.