Makita Corporation
6586・Prime Market・Machinery
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors comprises 14 members (including 5 independent outside directors), and the company has established a Nomination and Compensation Committee (with independent outside directors comprising a majority of the members and serving as chairperson) to strengthen oversight functions and ensure procedural transparency.
Risk Management
The company holds an annual Disclosure Committee meeting to identify, assess, and manage sustainability-related risks, while the Sustainability Committee conducts detailed assessments of climate change-related risks and opportunities, with the Board of Directors overseeing and supervising this framework. Risk management regulations have also been established for each area, including foreign exchange risk management guidelines, the Serious Claims Deliberation Committee, and fire prevention and disaster management regulations.
Shareholder Returns
Revised dividend policy raised to a consolidated payout ratio target of 50% or more. Annual dividend for FY2026 (ending March 2026) is ¥150 (interim ¥20 + year-end ¥130), with a payout ratio of 50.0%. Conducted share buybacks totaling ¥55,928 million, substantially strengthening total shareholder returns.
Dividend Policy
The policy was changed from the previous approach of "annual dividend with a floor of ¥20 and a total payout ratio of 35% or more" to "a consolidated payout ratio of 50% or more (determined based on adjusted basic earnings per share when special factors are present)." The revised policy applies from the FY2026 (ending March 2026) dividend onward. The annual dividend for FY2026 (ending March 2026) is ¥150 per share (interim ¥20 + year-end ¥130), with total dividends of ¥38,884 million and a payout ratio of 50.0%. For FY2027 (ending March 2027), an interim dividend of ¥79 is planned, while the year-end and annual dividends are yet to be determined (to be decided at the Board of Directors meeting to be held in April 2027 so as to achieve a consolidated payout ratio of 50% or more).
ESG
The company has set targets of achieving net-zero GHG emissions (Scope 1 and 2) by FY2040 and reducing them by half by FY2030 compared to FY2020, and supports the TCFD recommendations. In terms of human capital, the company has set targets of a female managers ratio of 3.0% or higher by FY2030 (ending March 2030), a male childcare leave uptake rate of 90% or higher, and a young employees' overseas assignment ratio of 20%, and is steadily building up track record toward these goals.
Last updated: June 23, 2026