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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April, 2008
Commission file number 0-12602
Commission file number 0-12602
MAKITA CORPORATION
(Translation of registrant’s 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 þ Form 40-F o
Form 20-F þ 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): þ
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 þ
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82-
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| SIGNATURES | ||||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| MAKITA CORPORATION | ||||
|
(Registrant) |
||||
| By: | /s/ Masahiko Goto | |||
| Masahiko Goto | ||||
| President and Representative Director | ||||
Date: April 30, 2008
Table of Contents
For immediate release
April 30, 2008
Company name:
|
Makita Corporation | |
Representative:
|
Masahiko Goto, President | |
Code number:
|
6586 |
Announcement of Year-end dividend
Makita
Corporation (“Makita”) announces that its Board of Directors, at a meeting held
today, has resolved on the following scheduled year-end cash dividend as of the date of record on
March 31, 2008.
The proposed dividend will be finalized by the Shareholders’ meeting on June 26, 2008.
1. Dividend Details
| Yen | ||||||||||||
| Scheduled dividend | Previous forecast | Dividend
paid fiscal year ended March 31, 2007 |
||||||||||
Record
date |
March 31,2008 | March 31,2008 | March 31,2007 | |||||||||
Dividend
per share |
67.00 | – | 55.00 | |||||||||
Total amount of a dividends |
9,633 million yen | – | 7,904 million yen | |||||||||
Effective date |
June 27, 2008 | – | June 28, 2007 | |||||||||
| (Schedule) | ||||||||||||
Resource
for dividends |
Retained earnings | – | Retained earnings | |||||||||
2. Reason
Makita’s 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 dividend of 18 yen per share. According to
this basic policy, the annual cash dividend calculated to 97 yen. The year-end
cash dividend which deducted the interim cash dividend of 30 yen,
calculated to 67 yen per share.
Because
the amount of the annual cash dividend is calculated on this basis, the
year-end cash 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.
| (Reference) | ||||||||||||
| Yen | ||||||||||||
| Dividend per share | ||||||||||||
| Date of record | Interim | Year-end | Annual | |||||||||
Fiscal
year ended March 31, 2008 |
30.00 | 67.00 | 97.00 | |||||||||
Previous
year ended March 31, 2007 |
19.00 | 55.00 | 74.00 | |||||||||
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