Makita Corporation (MKTAY)

Makita Income Statement

Financials in millions JPY. Fiscal year is April - March.

Year	2023	2022	2021	2020	2019
Revenue	741,391	764,702	739,260	608,331	492,617
Revenue Growth (YoY)	-3.05%	3.44%	21.52%	23.49%	0.42%
Cost of Revenue	517,446	575,954	510,942	405,282	323,776
Gross Profit	223,945	188,748	228,318	203,049	168,841
Selling, General & Admin	144,897	146,912	123,656	102,815	94,027
Research & Development	12,879	13,590	12,934	11,770	10,768
Operating Expenses	157,776	160,502	136,590	114,585	104,795
Operating Income	66,169	28,246	91,728	88,464	64,046
Interest Income	4,643	2,585	413	723	1,508
Interest Expense	6,795	2,131	679	355	434
Other Expense / Income	-76	4,679	-454	2,299	-568
Pretax Income	64,017	23,887	92,483	87,199	66,008
Income Tax	20,402	12,316	27,146	24,515	17,957
Net Income	43,691	11,705	64,770	62,018	47,731
Net Income Growth	273.27%	-81.93%	4.44%	29.93%	-14.38%
Shares Outstanding (Basic)	269	272	272	272	272
Shares Outstanding (Diluted)	269	272	272	272	272
Shares Change	-0.76%	0.00%	0.00%	0.01%	0.00%
EPS (Basic)	162.13	43.11	238.54	228.41	175.80
EPS (Diluted)	162.13	43.11	238.54	228.41	175.80
EPS Growth	276.08%	-81.93%	4.44%	29.93%	-14.39%
Free Cash Flow	219,235	5,342	-163,597	14,682	12,901
Free Cash Flow Per Share	813.53	19.67	-602.50	54.07	47.52
Gross Margin	30.21%	24.68%	30.88%	33.38%	34.27%
Operating Margin	8.92%	3.69%	12.41%	14.54%	13.00%
Profit Margin	5.89%	1.53%	8.76%	10.19%	9.69%
Free Cash Flow Margin	29.57%	0.70%	-22.13%	2.41%	2.62%
Effective Tax Rate	31.87%	51.56%	29.35%	28.11%	27.20%
EBITDA	95,094	54,135	112,730	104,955	78,395
EBITDA Margin	12.83%	7.08%	15.25%	17.25%	15.91%
Depreciation & Amortization	28,925	25,889	21,002	16,491	14,349
EBIT	66,169	28,246	91,728	88,464	64,046
EBIT Margin	8.92%	3.69%	12.41%	14.54%	13.00%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.