Makita Corporation Reports 3.8% Decrease in Revenue, 22.1% Increase in Operating Profit for Q1 2025
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Makita Corporation reported a 3.8% decrease in consolidated revenue to 186.614 billion yen for Q1 2025, attributed to foreign exchange impacts. However, operating profit rose by 22.1% to 26.069 billion yen, driven by improved cost ratios. Profit before income taxes increased by 25.9%, and profit attributable to owners rose by 20.4%. The company forecasts a revenue decline of 7.1% for the fiscal year ending March 31, 2026, amid challenges in overseas markets, despite strong performance in Japan's cordless outdoor power equipment sales.
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