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Makita Corporation ( (JP:6586) ) just unveiled an announcement.
Makita Corporation has revised its consolidated financial forecast for the fiscal year ending March 31, 2025, reflecting better-than-expected profits despite sluggish sales growth. The company attributes improved performance to cost reductions and favorable foreign exchange rates, adjusting its revenue projections and demonstrating resilience in a challenging sales environment.
More about Makita Corporation
Makita Corporation is a leading company in the power tool industry, known for its durable and efficient electric tools and equipment. The company primarily focuses on manufacturing and selling portable power tools, gardening equipment, and various other products aimed at both professional and consumer markets worldwide.
YTD Price Performance: -3.41%
Average Trading Volume: 823,738
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen1259.1B
See more data about 6586 stock on TipRanks’ Stock Analysis page.