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Company Description

Contact Info

3-11-8, Sumiyoshi-cho

Anjo, 446-8502

Japan

Phone: 81 5 6697 1711

Fax:

Makita Corporation engages in manufacturing and selling power tools for professional users worldwide. The company also engages in timber and metal processing, carpentry, forestry, concrete, and masonry works. The company sells its products in approximately 150 countries. It also manufactures power tools, including pneumatic and engine-powered tools in seven countries (Japan, China, the United States, Brazil, the United Kingdom, Germany, and Romania). The company’s geographic segments include Japan, Europe, North America, Asia, and other regions. Its primary market is Europe. The other regions segment is divided into Central and South America, Oceania, and the Middle East and Africa. Products Power Tools The company’s power tools consist primarily of drills, grinders and sanders, rotary hammers and hammer drills, cordless impact drivers, cutters and circular saws, and slide compound saws. The company’s drills are power tools used to drill metals, woods, and plastics. They are classified into pistol-grip drills, D-handle drills, spade-handle drills, and angle drills. It also manufactures various kinds of cordless drills. Some of them are equipped with a screw-driving mechanism and are called cordless driver drills. The company’s grinders and sanders are used for smoothing and finishing. Sanders might also be used for polishing. Grinders are primarily used on metal and sanders are used on metal, wood, stone, and concrete. Grinders are divided into portable disc grinders and bench grinders. Sanders are classified into disc sanders and orbital sanders, and belt sanders. Its rotary hammers, which are used for drilling concrete primarily in the construction industry, could also be used as ordinary hammers without using the rotary mechanism. The company’s hammer drills are equipped with a hammering function, and could also be used as conventional drills, these drills are used principally on metal and masonry in the civil engineering and electrical contracting industries. Demolition hammers are used to shatter hard surfaces, principally concrete. Cordless impact drivers are primarily in high demand across Japanese construction sites. It offers cordless impact drivers powered by lithium-ion batteries instead of the prevailing nickel-metal-hydride batteries. The cordless impact drivers are an addition to the company’s Japanese product line-up of new 14.4V cordless power tools powered by lithium-ion batteries, including cordless circular saws, cordless angle grinders, cordless nailers, cordless hammer drills, and cordless reciprocal saws. The company offers cordless power tools powered by lithium-ion batteries in the United States through major home centers. In addition to 14.4V cordless power tools available in Japan, it offers 18V Combo kits of cordless drills, cordless circular saws, and cordless lights in the United States. It also rolled out its 18V cordless power tools powered by lithium-ion batteries across major European markets in the construction industry. In 2012, the company introduced new power tool products, such as its cordless hammer drill with a brushless motor and advanced four-mode impact driver. The company’s circular saws are primarily sold to carpenters in the homebuilding industry. It also sells jigsaws primarily to carpenters and other woodworkers for delicate work, and reciprocal saws used for working in confined spaces unsuitable for conventional saws. Cutters and cutting machines are classified into two categories, including cutting machines that are equipped with a metal whetstone and are used for cutting metals, and cutters that are equipped with a diamond whetstone and are primarily used for cutting stones. The company also offers ‘Red series’ high-pressure air nailer used in housing construction in the Japanese market. Gardening Equipments, Household, and Other Products The company’s gardening products include brush-cutters, chain-saws, sprayers, blowers, hedge trimmers are used for agricultural and forestry operations, and home maintenance. Its household products include vacuum cleaners and cordless cleaners are used by housekeepers and professional cleaners. The com

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Price/Earnings 17.2x
Price/Sales 1.9x
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Price/Cash Flow 17.7x
TEV/Sales 1.6x
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