For immediate release

November 22, 2017

Company name: Makita Corporation

Representative: Munetoshi Goto, President, Representative Director Stock ticker code: 6586

Notice Concerning the Introduction of a Shareholder Benefit Program

Makita Corporation ("the Company") has resolved at the meeting of the Board of Directors held on November 22, 2017 to introduce a shareholder benefit program. The details are as follows:

  1. Purpose of introducing a shareholder benefit program

    The purpose of introducing a shareholder benefit program is to express our appreciation to shareholders for their continued support and to enhance the attractiveness of investing in the Company's shares so that more shareholders will hold the Company's shares over the medium- and long-term.

  2. Details of shareholder benefit program

    1. Eligible shareholders

      The shareholder benefit program is available to shareholders whose names are recorded in the shareholders' register on the record date (March 31 of each year) and who have held 100 shares or more of the Company's shares for three consecutive years or longer.*

      * "Shareholders who have held the Company's shares for three consecutive years or longer" refers to those who are recorded in the shareholders' register on March 31 and September 30 of each year under the same shareholder number for seven consecutive times or more including the record dates.

    2. Benefit

      Number of shares held

      Benefit

      100 shares to 499 shares

      QUO card worth 1,000 yen

      500 shares to 999 shares

      QUO card worth 5,000 yen

      1,000 shares or more

      Company product (a cordless cleaner) or QUO card worth 10,000 yen

      The Company offers a benefit, in the form of a QUO card (a prepaid card) or a company product, to eligible shareholders according to the number of shares held as below.

    3. Delivery schedule

      The Company plans to send benefits to eligible shareholders in June or later once a year.

    4. Commencement of shareholders benefit program

    5. The first shareholders eligible for the benefit program will be those whose names are recorded in the shareholders' register on March 31, 2018 and who have held 100 shares or more of the Company's shares for three consecutive years or longer.

      The Company conducted a two-for-one stock split on April 1, 2017. Therefore, it will double the number of shares that was described or recorded in the shareholders' register on the below-mentioned record dates before the above-mentioned stock split (March 31, 2015, September 30, 2015, March 31, 2016, September 30, 2016, and March 31, 2017) when calculating the continuous shareholding period.

      English Translation of press release originally issued in Japanese

    Makita Corporation published this content on 22 November 2017 and is solely responsible for the information contained herein.
    Distributed by Public, unedited and unaltered, on 22 November 2017 06:34:05 UTC.

    Original documenthttp://www.makita.biz/ir/documents/press/2017/20171122e.pdf

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