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 October, 2007
Commission file number 0-12602
(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
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):
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
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
October 31, 2007
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Company name: |
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Makita Corporation |
Representative: |
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Masahiko Goto, President |
Code number: |
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6586 |
Announcement of Revisions in Interim Dividend Forecast
for the Fiscal Year Ending March 2008
Makita Corporation (Makita) announces that revisions were made to its dividend forecast for
the fiscal year ending March 2008 published on April 27, 2007 at the meeting of the Board of
Directors held today, as follows.
1. Particulars of the Interim Dividend Forecast Revisions
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Yen |
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Previous forecast |
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Actual results |
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published on April 27, |
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Dividend declared on |
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for the previous year |
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2007 |
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October 31,
2007 |
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ended March 31, 2007 |
Cash dividend per share: |
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Interim |
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25.00 |
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30.00 |
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19.00 |
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Year-end |
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55.00 |
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Total |
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74.00 |
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Notes:
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1. |
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Payment of interim dividends is scheduled to distribute from November 26, 2007. |
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2. |
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Announcement of the year-end dividend is scheduled to be made when financial statements
for the fiscal year ending in March 2008 are released (the latter part of April 2008). |
2. Reasons for Revisions in the Interim Dividend Forecast
Business results for this interim period having been stronger than anticipated, it was
decided that the interim dividend would be increased from 25 yen per share to 30 yen per share.
Makitas basic policy on the distribution of profits is to maintain a dividend payout ratio
of 30% or greater, with a lower limit on annual cash dividends of 18 yen per share. Because the
amount of the annual dividend is calculated on this basis, the year-end dividend cannot be
calculated until after the consolidated business results have been determined, and for this
reason announcement of an anticipated dividend amount is being withheld.
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English Translation of press release originally issued in Japanese language
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1 |
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