Latest Key Developments (Source: Significant Developments)
Sharp Corp Sign Business Alliance Agreement with Makita Corp
Sharp Corp announced that it has signed a business alliance agreement with Makita Corp. The two companies will collaborate in the business expansion through the product planning, manufacturing and sale. Full Article
Makita Corp to Issue Year-end Dividend for FY 2013
Makita Corp announced that it has decided to pay a year-end dividend of JPY 54 per share, to all shareholders of record as of March 31, 2013, effective June 26, 2013 Full Article
Makita Corp Appoints Chairman and President
Makita Corp announced that it has appointed Masahiko Goto as Chairman of the Board and Representative Director, and Shiro Hori as President and Representative Director, effective Jun 25, 2013. Full Article
Makita Corp Completes Delisting of ADR from NASDAQ
Makita Corp announced that its stock has been delisted from NASDAQ market on April 22, 2013. Full Article
Makita Corp Announces Delisting of ADR from NASDAQ
Makita Corp announced that its stock will be delisted from NASDAQ market, effective April 22, 2013. Full Article
Makita Corp Raises Consolidated Full-year Forecast for FY 2013; to File for Delisting from NASDAQ
Makita Corp announced that it has raised the consolidated full-year forecast for revenue from JPY 288,000 million to JPY 303,000 million, operating profit from JPY 41,500 million to JPY 44,600 million, net profit before tax from JPY 40,200 million to JPY 44,700 million, net profit distributed to shareholders from JPY 27,400 million to JPY 30,900 million and earning per share distributed to shareholders from JPY 201.84 to JPY 227.63 for the fiscal year ending March 31, 2013. The Company raised the consolidated full-year forecast due to decreasing value of yen. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of JPY 296.56 billion and net profit of JPY 30.09 billion for the fiscal year ending March 2013. The Company has decided to file for delisting its stock from NASDAQ in April 2013. Full Article
Makita Corp Raises Consolidated Full-year Outlook for FY 2013
Makita Corp announced that it has raised its consolidated full-year outlook for revenue from JPY 280,000 million to JPY 288,000 million, operating profit from JPY 38,000 million to JPY 41,500 million, ordinary profit from JPY 35,000 million to JPY 40,200 million, net profit from JPY 24,000 million to JPY 27,400 million and earning per share from JPY 176.80 to JPY 201.84, for the fiscal year ending March 2013. The Company raised the outlook due to the impact of the fierce business conditions. Full Article
Makita Corporation Lowers Consolidated Mid-year and Full-year Outlook for FY 2013
Makita Corporation announced that it has lowered its consolidated mid-year outlook for revenue from JPY 150,500 million to JPY 144,000 million, operating profit from JPY 22,600 million to JPY 21,600 million, ordinary profit from JPY 22,700 million to JPY 19,200 million, net profit from JPY 15,400 million to JPY 13,400 million and earning per share from JPY 113.44 to JPY 98.71, for the fiscal year ending March 2013. In addition, the Company has also lowered its consolidated full-year outlook for revenue from JPY 301,500 million to JPY 280,000 million, operating profit from JPY 44,000 million to JPY 38,000 million, ordinary profit from JPY 44,200 million to JPY 35,000 million, net profit from JPY 30,000 million to JPY 24,000 million and earning per share from JPY 220.99 to JPY 176.80, for the fiscal year ending March 2013. The Company lowered the outlook due to the impact of the higher yen, among others. According to I/B/E/S Estimates, analysts were expecting the Company to report full-year revenue of JPY 300.83 billion and net profit of JPY 31.77 billion. Full Article
TABLE-Makita -2012/13 group forecast(SEC)
Jan 31 - Makita Corp CONSOLIDATED EARNINGS ESTIMATES Full Year to Full Year to Mar 31, 2013 Mar 31, 2013 LATEST PREVIOUS FORECAST FORECAST Sales 303.00 288.00 Operating 44.60 41.50 PreTax 44.70 40.20 Net 30.90 27.40 EPS
Earnings vs. 
Estimates
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