Makita Corp

6586: XTKS (JPN)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Makita Earnings: Margin Gains Offset FX Hit as Cordless Tools, Cost Control Drive Profitability

Makita's June-quarter sales fell 3.8% year on year due to Japanese yen appreciation. However, operating profit rose 20.4%, driven by reduced promotional spending and lower material costs, including batteries.

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