- Makita anticipated operating income is 75 billion yen, in line with estimates of 74.3 billion yen.
- The prepared net income forecast is 51 billion yen, slightly less than the estimate of 51.97 billion yen.
- The company expects net sales to reach 710 billion yen, lower than the estimate of 746.48 billion yen.
- Makita’s fourth quarter showed strong results with operating income of 18.12 billion yen, a massive increase from last year’s 1.09 billion yen and surpassing the estimate of 12.73 billion yen.
- Net Sales for the fourth quarter was 190.78 billion yen, a 3.4% year-on-year increase, and significantly higher than the estimate of 170.93 billion yen.
- Net income for the fourth quarter was a substantial 11.05 billion yen, a turnaround compared to last year’s loss of 2.51 billion yen and better than the estimate of 7.53 billion yen.
- The consensus among analyst recommendations consists of 5 buys, 8 holds, and 3 sells.
- All comparisons to past results are derived from Makita’s original company disclosures.
A look at Makita Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
When looking at the long-term outlook for Makita Corp, an analysis of their Smart Scores reveals a promising picture. Makita Corp scores particularly well in resilience and momentum, with a score of 4 in both categories. This indicates that the company is well-positioned to weather potential market challenges and has positive momentum driving its performance forward. While its value, dividend, and growth scores are slightly lower, at 3, 2, and 2 respectively, the overall outlook for Makita Corp appears stable and robust.
Makita Corporation, a company specializing in the manufacturing of electric power tools and related products, demonstrates a solid foundation with strengths in resilience and momentum according to its Smart Scores. With a diverse product range that includes battery-operated tools, stationary woodworking machines, pneumatic devices, and gardening tools, Makita Corp also offers services such as parts replacement and repair. Despite some areas for potential improvement in value, dividend, and growth, the company’s strong scores in resilience and momentum bode well for its long-term prospects.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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