Who Owns Makita Company?

Makita Bundle

Get Bundle
Get Full Bundle:
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10
$15 $10

TOTAL:

Who Really Owns Makita?

Ever wondered who's steering the ship behind the world-renowned power tools? Understanding the Makita SWOT Analysis is just the beginning. From its humble beginnings in Japan to its global dominance, the story of Makita is a fascinating journey of strategic decisions and ownership evolution. Uncover the key players and the shifts that have shaped this Japanese tool company.

Who Owns Makita Company?

This deep dive into Makita ownership reveals more than just a corporate structure; it unveils the forces driving innovation and market strategy. Knowing who makes Makita tools and controls the Makita parent company is crucial for anyone seeking to understand the power tool manufacturer's future. Explore the Makita company ownership structure and its impact on the company's trajectory, from its founding to its current global presence.

Who Founded Makita?

The origins of the company, now a prominent power tool manufacturer, trace back to March 21, 1915. Mosaburo Makita established Makita Electric Works in Nagoya, Japan. Initially, the company focused on selling and repairing lighting equipment, motors, and transformers.

The founding team comprised only four individuals. Mosaburo Makita, at age 21, led the operation. Jujiro Goto, an experienced worker, and a recent elementary school graduate completed the initial team. Mosaburo Makita's early interest in electrical technology stemmed from his upbringing in a timber merchant family.

While specific details about the initial shareholding aren't publicly available for the proprietorship phase, Mosaburo Makita was the owner. Jujiro Goto later became President in 1955, guiding the company through financial challenges by developing proprietary products. In 1935, the company began exporting electric generators and motors to the Soviet Union. The proprietorship was incorporated as Makita Electric Works, Inc., in December 1938.

Icon

Key Ownership Insights

The Makita ownership structure evolved from a proprietorship to an incorporated entity. The company's history reflects a transition from a small-scale operation to a global power tool manufacturer. The early focus was on electrical equipment, later expanding into power tools.

  • Mosaburo Makita was the founder and initial owner.
  • Jujiro Goto played a key role, becoming President and implementing new strategies.
  • The company's incorporation in 1938 marked a significant structural change.
  • The company's early export activities included sending products to the Soviet Union.
  • For a deeper understanding of the company's strategic growth, consider reading about the Growth Strategy of Makita.

Makita SWOT Analysis

  • Complete SWOT Breakdown
  • Fully Customizable
  • Editable in Excel & Word
  • Professional Formatting
  • Investor-Ready Format
Get Related Template

How Has Makita’s Ownership Changed Over Time?

The journey of the company from a private entity to a publicly traded corporation is a key part of its history. The company's initial public offering occurred in August 1962, when it was listed on the 2nd Section of the Nagoya Stock Exchange. This move marked the beginning of a significant transformation in its ownership structure, allowing for increased capital and expansion.

Further listings on the Tokyo and Osaka Stock Exchanges in 1968, followed by designation to the 1st Sections of these exchanges in 1970, solidified its presence in the financial markets. The company also had a listing on the Amsterdam Stock Exchange through Continental Depositary Receipts (CDR), which was terminated in February 2004. The company later started trading American Depository Receipts on NASDAQ.

Event Date Impact
Initial Public Offering August 1962 Listed on the 2nd Section of the Nagoya Stock Exchange
Stock Exchange Listings Expansion August 1968 Listed on the 2nd Section of the Tokyo and Osaka Stock Exchanges
1st Section Designation July 1970 Designated to the 1st Section of Tokyo, Nagoya, and Osaka Stock Exchanges
Amsterdam Listing Termination February 2004 Terminated Amsterdam Stock Exchange listing
NASDAQ Listing Post-2004 Trading of American Depository Receipts on NASDAQ

As of May 2025, the company (TYO: 6586) has a substantial institutional investor base. There are 248 institutional owners and shareholders who have filed 13D/G or 13F forms with the Securities Exchange Commission (SEC), holding a total of 27,407,401 shares. For its ADRs (MKTAY), there are 9 institutional owners holding a total of 47,516 shares as of May 2025. The major institutional shareholders include The Master Trust Bank of Japan, Ltd. with 13.77%, BlackRock, Inc. with 5.84% as of September 29, 2024, and The Vanguard Group, Inc. with 3.52% as of March 30, 2025. This widespread ownership reflects the company's established position in the market.

Icon

Ownership Structure

The company's ownership structure has evolved significantly since its inception.

  • The company transitioned from a private proprietorship to a publicly traded company.
  • Institutional investors hold a significant portion of the company's shares.
  • The company has a global presence, with listings on multiple stock exchanges.
  • This evolution has supported its growth and expansion.

Makita PESTLE Analysis

  • Covers All 6 PESTLE Categories
  • No Research Needed – Save Hours of Work
  • Built by Experts, Trusted by Consultants
  • Instant Download, Ready to Use
  • 100% Editable, Fully Customizable
Get Related Template

Who Sits on Makita’s Board?

The Board of Directors at the [Company Name] is key to the company's leadership and strategic direction. As of May 2024, the Chairman is Masahiko Goto, and Shiho Hori serves as President. The executive committee also includes Munetoshi Goto as President, Yukihiro Otsu as Chief Administrative Officer, Tetsuhisa Kaneko as Chief Tech/Sci/R&D Officer, Takashi Omote as Corporate Officer/Principal, and Masaki Yoshida as Corporate Officer/Principal.

This structure ensures the company's commitment to strong corporate governance. Their approach involves adhering to laws and regulations, maintaining ethical conduct, prioritizing customer satisfaction, and encouraging individual performance within the organization. This framework supports the company's overall goals and operational efficiency.

Position Name Title
Chairman Masahiko Goto Chairman
Shiho Hori Shiho Hori President
Munetoshi Goto Munetoshi Goto President
Yukihiro Otsu Yukihiro Otsu Chief Administrative Officer
Tetsuhisa Kaneko Tetsuhisa Kaneko Chief Tech/Sci/R&D Officer
Takashi Omote Takashi Omote Corporate Officer/Principal
Masaki Yoshida Masaki Yoshida Corporate Officer/Principal

While specific details on dual-class shares or special voting rights aren't explicitly available, the presence of institutional investors suggests a standard one-share-one-vote structure for common stock. Major shareholders influence the company through their significant holdings, participating in shareholder meetings. The 113th Annual General Meeting of Shareholders is scheduled for June 25, 2025, where key decisions, including dividend projections, will be determined. For further insights into the company, check out the Brief History of Makita.

Icon

Key Takeaways on Makita Ownership

The Board of Directors plays a crucial role in guiding the company's strategy and governance. The leadership team includes key figures like Masahiko Goto and Shiho Hori. Shareholders exert influence through their holdings, with major decisions made at annual meetings.

  • The Board of Directors is key to governance.
  • Major shareholders influence company decisions.
  • Annual meetings are crucial for company decisions.
  • The company aims for ethical and legal compliance.

Makita Business Model Canvas

  • Complete 9-Block Business Model Canvas
  • Effortlessly Communicate Your Business Strategy
  • Investor-Ready BMC Format
  • 100% Editable and Customizable
  • Clear and Structured Layout
Get Related Template

What Recent Changes Have Shaped Makita’s Ownership Landscape?

In recent years, the focus for the Makita Corporation has been on its core business, particularly in battery-powered tools, emphasizing a strategic shift from engine-powered to battery-powered outdoor power equipment. The company has been actively innovating, with the introduction of the XGT 40Vmax series in June 2020, designed to meet the demands of professionals. Financially, the fiscal year ending March 2024 showed a revenue decrease to ¥741.39 billion, although operating income increased to ¥66.17 billion. Total sales for the fiscal year ending March 2024 reached approximately ¥1.202 trillion (approximately $11.03 billion).

The company's financial strategy includes a commitment to shareholder returns. Makita aims to maintain a total return ratio of 35% or greater, with a minimum annual cash dividend of 20 yen per share. For the fiscal year ending March 31, 2025, the projected annual dividend is 110.0 yen per share, with an interim dividend of 20.0 yen per share. The company also considers share buybacks, as seen with announcements on April 28, 2025, and May 12, 2025, to enhance shareholder value and capital efficiency. Institutional ownership remains a key factor, with a significant number of institutional investors holding shares. There has been no significant dilution of shares for shareholders in the past year.

Leadership changes have also occurred, with announcements made on April 28, 2025. Makita continues to be a publicly traded company, and there have been no immediate public statements regarding privatization. The company maintains a direct ownership structure, setting it apart from some other major tool brands. To dive deeper into the strategic direction of the company, you can explore the Growth Strategy of Makita.

Fiscal Year Revenue (Billion ¥) Operating Income (Billion ¥)
2024 741.39 66.17
2023 Data Not Available Data Not Available
2022 Data Not Available Data Not Available
Icon Ownership Structure

Makita remains a publicly traded company. It maintains a direct ownership structure. Institutional investors hold a significant portion of shares.

Icon Dividend Policy

The company aims for a total return ratio of 35% or greater. The minimum annual cash dividend is set at 20 yen per share. The projected annual dividend for fiscal year ending March 31, 2025 is 110.0 yen per share.

Icon Share Buybacks

The company utilizes share buybacks to increase shareholder returns. Announcements regarding share repurchases were made on April 28, 2025, and May 12, 2025.

Icon Recent Developments

Makita is focusing on battery-powered tools. The XGT 40Vmax series was introduced in June 2020. The cordless segment grew by 18% year-on-year in fiscal year 2023.

Makita Porter's Five Forces Analysis

  • Covers All 5 Competitive Forces in Detail
  • Structured for Consultants, Students, and Founders
  • 100% Editable in Microsoft Word & Excel
  • Instant Digital Download – Use Immediately
  • Compatible with Mac & PC – Fully Unlocked
Get Related Template

Related Blogs

Data Sources

Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.