Makita raises half-yearly profit by 23.5% and maintains projections
The Japanese tool maker posted a profit of ¥47.9 billion in the first half of fiscal 2027 and 9.6% higher revenue in yen.
BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM TIMES BRASIL · 2 MIN
Japanese tool manufacturer Makita recorded a 23.5% increase in profit for the first half of the year, according to Times Brasil. Profit attributable to shareholders reached ¥47.9 billion (R$1.68 billion) in the period, referring to fiscal year 2027, ending in September 2026.
According to the same report, the balance sheet was released this Friday (30), and the company maintained its projections.
Consolidated revenue totaled ¥414.7 billion (R$14.51 billion) in the semester, 9.6% above the ¥378.4 billion (R$13.24 billion) in the same period of the previous year. In local currencies, however, revenue was practically stable, which changes the reading of growth.
Makita attributes the increase in revenue in reais, converted into yen, to the devaluation of the Japanese currency in international results. In other words, part of the number that appears in the headlines comes from the exchange rate, and not necessarily from an expansion in trading volume in each market.
The case illustrates the difference between nominal growth and growth in local currency. The available data does not detail what sustained the increase in profit, and this information weighs on the assessment of how much of the result is recurring.
What changes for the investor
For those who follow the stock market and exchange rate, the news calls for caution when reading the main number. Maintaining projections signals that the company has not revised its goals for the period, but does not say anything about the future performance of the shares. Those who invest in exporting companies tend to separate the exchange rate effect from operational strength, observing revenue in local currency, margins and profit evolution in the next balance sheets. As the values in reais mentioned in the report are conversions, Brazilian investors also feel the variation in the exchange rate between yen and real in their accounts, regardless of what happens in the company's operations.
Automatically translated from Portuguese.
