UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 or 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the
month of January, 2009
Commission file number 0-12602
MAKITA CORPORATION
(Translation of registrants name into English)
3-11-8, Sumiyoshi-cho, Anjo City, Aichi Prefecture, Japan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F.
Form 20-F x Form 40-F o
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101 (b)(1): x
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by
Regulation S-T Rule 101 (b)(7): o
Indicate by check mark whether by furnishing the information contained in this Form, the registrant
is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes o No x
If Yes is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82-
For immediate release
January 30, 2009
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Company name:
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Makita Corporation |
Representative:
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Masahiko Goto, President & CEO |
Stock ticker code:
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6586 |
Revision of Consolidated Performance Forecast for the Fiscal Year
Makita Corporation announces the following revisions in its forecast for consolidated
performance for the year ending March 31, 2009. Makita has been revised the consolidated
performance forecast announced on October 31, 2008 as follows.
1. Revised Forecast for Consolidated Performance for the Fiscal Year Ending March 31, 2009
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(Millions of yen) |
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Income |
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Net income |
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Operating |
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before |
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per share |
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Net sales |
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income |
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income taxes |
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Net income |
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(yen) |
Forecast announced previously (A) |
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303,000 |
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54,000 |
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50,200 |
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36,200 |
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257.16 |
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Revised forecast for the fiscal year (B) |
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290,000 |
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50,000 |
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44,500 |
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33,000 |
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239.54 |
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Change (B-A) |
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(13,000 |
) |
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(4,000 |
) |
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(5,700 |
) |
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(3,200 |
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Percentage revision |
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(4.3 |
)% |
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(7.4 |
)% |
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(11.4 |
)% |
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(8.8 |
)% |
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Results for the previous fiscal year
ended March 31, 2008 |
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342,577 |
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67,031 |
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65,771 |
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46,043 |
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320.30 |
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2. Reasons for Revision of Consolidated Performance Forecast
It is projection that the financial unrest and credit crunch stemming from the United States
will expand into a serious, simultaneous global recession. The demand for power tools will drop
steeply as a result of this economic downturn. The business environment for Makita Group is
consequently expected to become harsher.
Accordingly, projection of consolidated results for the full year of the fiscal year ending
March 31, 2009 announced on October 31, 2008 has been revised as shown in the table above.
Projection above is assumed on basis of strengthening of the yen, 90 yen to the U.S. dollar
and 115 yen to the euro for the fourth quarter of the fiscal year.
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1 |
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English
Translation of press release originally issued in Japanese language
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