Makita Corp
6586: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|vm$ | LOCK|p&JW | LOCK|p$>zkB |
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.
