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Makino Milling Machine Co., Ltd. logo

Makino Milling Machine Co., Ltd.

6135.T

JPXIndustrialsIndustrial - Machinery

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Latest quote

¥15,630

+¥600 · +3.99%

Aug 24, 3:30 PM JST

6135.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Makino Milling Machine Co., Ltd. specializes in the global manufacturing and distribution of advanced machine tools. The company's comprehensive product portfolio encompasses machining centers, numerical control electrical discharge machines, milling machines, CAD/CAM systems, Flexible Manufacturing Systems (FMS), and various other industrial solutions, alongside providing essential engineering services. Operating across a wide international footprint, their market presence extends throughout Japan, China, the broader Asian region, the United States, other parts of the Americas, and Europe. They primarily cater to vital sectors such as electronics, automotive production, and the aerospace industry. Established in 1937, the organization was initially known as Makino Vertical Milling Machine Works before adopting its current corporate identity, Makino Milling Machine Co., Ltd., in April 1961. Its corporate headquarters are located in Tokyo, Japan.

Industry
Industrial - Machinery
Sector
Industrials
Headquarters
JP
CEO
Shotaro Miyazaki
Listed since
Jan 1, 2001
Employees
4,777

Market position

52-week range

Current ¥15,630

Open
¥15,630
Previous close
¥15,030
Volume
0
0× average
Average volume
262.21K
Average daily volume
Market cap
365.61B JPY
Beta
0.73
Market reference 1
50-day average
¥14,775.8
+5.78% above average
200-day average
¥12,502.85
+25.01% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
246.27B JPY
P/E (TTM)
14.39×
P/B (TTM)
1.36×
P/S (TTM)
1.33×
EV / EBITDA
6.64×
Earnings yield
7.83%
Free cash flow yield
5.57%
Dividend yield
1.73%

Profitability & efficiency

Gross margin
32.63%
Operating margin
10.68%
Net margin
9.22%
Return on equity
8.04%
Return on assets
4.96%
Return on invested capital
5.65%

Financial health

Debt / equity
0.2×
Current ratio
1.98×
Altman Z-score
2.94
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends34%24%14%4%Gross margin, FY2021: 25.67%Gross margin, FY2022: 27.84%Gross margin, FY2023: 28.76%Gross margin, FY2024: 29.52%Gross margin, FY2025: 31.52%Operating margin, FY2021: 6.06%Operating margin, FY2022: 7.67%Operating margin, FY2023: 7.27%Operating margin, FY2024: 7.91%Operating margin, FY2025: 9.59%Net margin, FY2021: 6.45%Net margin, FY2022: 7.05%Net margin, FY2023: 7.09%Net margin, FY2024: 6.16%Net margin, FY2025: 8.04%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 25.67%. Gross margin FY2022 27.84%. Gross margin FY2023 28.76%. Gross margin FY2024 29.52%. Gross margin FY2025 31.52%. Operating margin FY2021 6.06%. Operating margin FY2022 7.67%. Operating margin FY2023 7.27%. Operating margin FY2024 7.91%. Operating margin FY2025 9.59%. Net margin FY2021 6.45%. Net margin FY2022 7.05%. Net margin FY2023 7.09%. Net margin FY2024 6.16%. Net margin FY2025 8.04%.

Income trends

Revenue

261.18B JPY+11.51%

Operating income

25.04B JPY+35.20%

Net income

20.99B JPY+45.62%
Income trends across reported periods286.17B JPY186.22B JPY86.27B JPY−13.69B JPYRevenue, FY2021: 186.59B JPYRevenue, FY2022: 227.99B JPYRevenue, FY2023: 225.36B JPYRevenue, FY2024: 234.22B JPYRevenue, FY2025: 261.18B JPYOperating income, FY2021: 11.3B JPYOperating income, FY2022: 17.49B JPYOperating income, FY2023: 16.37B JPYOperating income, FY2024: 18.52B JPYOperating income, FY2025: 25.04B JPYNet income, FY2021: 12.04B JPYNet income, FY2022: 16.07B JPYNet income, FY2023: 15.98B JPYNet income, FY2024: 14.42B JPYNet income, FY2025: 20.99B JPYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 186.59B JPY. Revenue FY2022 227.99B JPY. Revenue FY2023 225.36B JPY. Revenue FY2024 234.22B JPY. Revenue FY2025 261.18B JPY. Operating income FY2021 11.3B JPY. Operating income FY2022 17.49B JPY. Operating income FY2023 16.37B JPY. Operating income FY2024 18.52B JPY. Operating income FY2025 25.04B JPY. Net income FY2021 12.04B JPY. Net income FY2022 16.07B JPY. Net income FY2023 15.98B JPY. Net income FY2024 14.42B JPY. Net income FY2025 20.99B JPY.
Metric (JPY)FY2025FY2024FY2023FY2022FY2021
Revenue261.18B JPY234.22B JPY225.36B JPY227.99B JPY186.59B JPY
Cost of goods sold178.86B JPY165.08B JPY160.55B JPY164.52B JPY138.7B JPY
Gross profit82.32B JPY69.13B JPY64.81B JPY63.47B JPY47.89B JPY
Research and development—9.38B JPY9.26B JPY9.25B JPY7.53B JPY
Selling, general, and administrative57.29B JPY41.24B JPY39.18B JPY36.73B JPY29.06B JPY
Operating expenses57.29B JPY50.62B JPY48.43B JPY45.98B JPY36.59B JPY
Interest income638M JPY469M JPY594M JPY595M JPY303M JPY
Interest expense626M JPY581M JPY307M JPY316M JPY270M JPY
Depreciation and amortization8.26B JPY8.39B JPY8.27B JPY7.9B JPY7.16B JPY
Operating income25.04B JPY18.52B JPY16.37B JPY17.49B JPY11.3B JPY
Net income20.99B JPY14.42B JPY15.98B JPY16.07B JPY12.04B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
44%
4 beats, 5 misses, 0 met estimates
Average EPS surprise
-23.62%
9 comparable reports
Latest EPS result
242.01
Estimate 172.94 · Beat by 39.94%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates1,376.08932.5488.9245.35Q1 '25BeatQ2 '25MissQ3 '25MissQ4 '25MissQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 202.43, estimate 194.99, surprise +3.82%, Beat. Q2 2025, reported Apr 30, 2025: actual 165.87, estimate 208.26, surprise -20.35%, Miss. Q3 2025, reported Jul 31, 2025: actual 53.35, estimate 980.55, surprise -94.56%, Miss. Q4 2025, reported Oct 31, 2025: actual 235.78, estimate 1,052.73, surprise -77.60%, Miss. Q1 2026, reported Jan 30, 2026: actual 310.69, estimate 1,278.1, surprise -75.69%, Miss. Q2 2026, reported Apr 30, 2026: actual 297.67, estimate 297.09, surprise +0.20%, Beat. Q3 2026, reported Jul 31, 2026: actual 242.01, estimate 172.94, surprise +39.94%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 347.47, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates74.69B67.3B59.91B52.52BQ1 '25BeatQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 31, 2025: actual 60.56B JPY, estimate 58.23B JPY, surprise +4.00%, Beat. Q2 2025, reported Apr 30, 2025: actual 65.42B JPY, estimate 59.41B JPY, surprise +10.13%, Beat. Q3 2025, reported Jul 31, 2025: actual 55.4B JPY, estimate 56.3B JPY, surprise -1.60%, Miss. Q4 2025, reported Oct 31, 2025: actual 64.02B JPY, estimate 58.7B JPY, surprise +9.07%, Beat. Q1 2026, reported Jan 30, 2026: actual 70.71B JPY, estimate 67.41B JPY, surprise +4.90%, Beat. Q2 2026, reported Apr 30, 2026: actual 71.05B JPY, estimate 67.57B JPY, surprise +5.16%, Beat. Q3 2026, reported Jul 31, 2026: actual 69.77B JPY, estimate 66.09B JPY, surprise +5.58%, Beat. Q4 2026, reported Nov 4, 2026: actual —, estimate 71.82B JPY, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

¥160

2024 complete year+33.3% since 2019

2026 partial: ¥270

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 29, 2026

¥160

Semi-Annual

Record Sep 30, 2026 · Payment Sep 29, 2026

DividendUpcoming

Ex-dividend Mar 30, 2027

¥36.00

Semi-Annual

Record Mar 31, 2027 · Payment Mar 30, 2027

Dividend

Ex-dividend Mar 30, 2026

¥270

Annual

Record Mar 31, 2026 · Payment Jun 24, 2026

Dividend

Ex-dividend Mar 28, 2025

¥100

Semi-Annual

Record Mar 31, 2025 · Payment Jun 20, 2025

Dividend

Ex-dividend Sep 27, 2024

¥80.00

Semi-Annual

Record Sep 30, 2024 · Payment Dec 3, 2024

Dividend

Ex-dividend Mar 28, 2024

¥80.00

Semi-Annual

Record Mar 31, 2024 · Payment Jun 21, 2024

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