Makita Corporation announced that its Board of Directors, at a meeting held on April 27, 2023 has resolved the scheduled year-end cash dividend of JPY 11 per share as compared to paid dividend of JPY 62 per share. Record date is March 31, 2023. Total amount of dividend JPY 2,987 million.

Effective date is June 29, 2023 (Proposed). The proposed dividend will be finalized by the 111th Ordinary General Meeting of Shareholders scheduled on June 28, 2023.