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Makita Corp ADR MKTAY

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Morningstar’s Analysis

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5-Star Price

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Economic Moat

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Company Profile

Business Description

Founded in 1915 as a sales and repair shop for motors in Nagoya, Japan, Makita is one of the largest power tool manufacturers in the world with a focus on professional users, such as contractors and manufacturing workers. Together with Hitachi Koki, Makita has dominant market share of over 70% in Japan, and is the second player after Robert Bosch in Europe. Japan, Europe, North America, Asia account for 18%, 41%, 16%, and 9% of its sales in fiscal 2017, respectively. Its Chinese factories supply around 70% of Makita’s global production.

Contact
3-11-8, Sumiyoshi-cho
Anjo, 446-8502, Japan
T +81 566981711
Sector Industrials
Industry Tools & Accessories
Most Recent Earnings Jun 30, 2021
Fiscal Year End Mar 31, 2020
Stock Type
Employees 23,491