Makita stock weighs Panasonic deal with shares at JPY 5,348

Published on 10/06/2026 at 10:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Makita stock's fiscal Q1 profit rose 19 percent through June 30, 2026, according to MarketScreener. A 13-analyst consensus sets an average target of JPY 6,464.62.

Makita, JP3862400003, Illustration mit AI erstellt.

Makita Corporation stock was last at JPY 5,348 on the Tokyo Stock Exchange on October 6, 2026 at 3:30 p.m. JST, up 0.66 percent from the previous session. The market is now weighing the company's completed Panasonic power tool acquisition against a share price 12.76 percent below its 52-week high.

Panasonic deal broadens Makita

According to Simply Wall St on October 5, 2026, Makita completed the acquisition of Panasonic Electric Works' power tool business on September 1, 2026. The transfer included operating assets, contracts and employees connected with the business.

The transaction gives Makita an entry into industrial fastening and factory applications alongside its established battery, motor and professional tool portfolio. M&A Online reported on September 8, 2026 that the deal is intended to combine Makita's battery and motor technology with torque-control and data-management capabilities from the acquired operation.

Fiscal Q1 profit climbed 19 percent

MarketScreener reported on July 29, 2026 that Makita's profit climbed 19 percent in the fiscal first quarter ended June 30, 2026. That result gives the acquisition a stronger operating backdrop, although the quarter predates the September closing.

The standardized quarterly statement for the period shows revenue of JPY 206.55 billion and net income of JPY 22.866 billion. Operating income was JPY 30.564 billion, while operating cash flow reached JPY 31.772 billion in the quarter ended June 30, 2026.

Consensus target remains above price

MarketScreener lists an Accumulate consensus from 13 analysts, with an average price target of JPY 6,464.62. At JPY 5,348, that target is 20.89 percent above the October 6 reference price.

The target is a consensus measure rather than a single house's forecast. Its gap to the market price places the next earnings date on the calendar as an important test of whether the Panasonic integration can translate into additional growth.