FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
The Securities Exchange Act of 1934
For the Month of June 2007
Commission File Number: 1-6784
Matsushita Electric Industrial Co., Ltd.
Kadoma, Osaka, Japan
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):
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-
SIGNATURE
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.
| Matsushita Electric Industrial Co., Ltd. | ||
| By: | /s/ YOICHI NAGATA | |
| Yoichi Nagata, Attorney-in-Fact | ||
| Director of Overseas Investor Relations | ||
| Matsushita Electric Industrial Co., Ltd. | ||
Dated: July 6, 2007
FOR IMMEDIATE RELEASE
| Media Contacts: | Investor Relations Contacts: | |
| Akira Kadota (Japan) | Makoto Mihara (Japan) | |
| International PR | Investor Relations | |
| (Tel: +81-3-3578-1237) | (Tel: +81-6-6908-1121) | |
| Panasonic News Bureau (Japan) | Akihiro Takei (U.S.) | |
| (Tel: +81-3-3542-6205) | Panasonic Finance (America), Inc. | |
| (Tel: +1-212-698-1365) | ||
| Jim Reilly (U.S.) | ||
| (Tel: +1-201-392-6067) | Hiroko Carvell (Europe) | |
| Panasonic Finance (Europe) plc | ||
| Munetsugu Takeda (Europe) |
(Tel: +44-20-7562-4400) | |
| (Tel: +49-611-235-305) |
||
Matsushita Electric Executes Own Share Repurchase
Osaka, Japan, June 14, 2007 — Matsushita Electric Industrial Co., Ltd. (MEI [NYSE symbol: MC]), best known for its Panasonic brand, announced that it has repurchased a portion of its own shares from the market in conformity with provisions of Article 459, Paragraph 1, Item 1 of the Company Law of Japan.
Details of the share repurchase are as follows:
1. Class of shares: Common stock
2. Period of repurchase: Between May 21, 2007 and June 14, 2007
3. Aggregate number of shares repurchased: 11,828,000 shares
4. Aggregate repurchase amount: 29,997,845,000 yen
5. Method of repurchase: Shares were repurchased on the Tokyo Stock Exchange
(Reference 1)
| 1) | The following details were resolved at the Board of Directors meeting held on April 27, 2007: |
| • | Class of shares: Common stock |
| • | Aggregate number of repurchasable shares: Up to 50 million shares |
| • | Aggregate repurchase amount: Up to 100 billion yen |
| 2) | Cumulative total of shares repurchased since the April 27, 2007 Board of Directors resolution through today: |
| • | Aggregate number of shares repurchased: 15,935,000 shares |
| • | Aggregate repurchase amount: 39,997,295,000 yen |
(Reference 2)
The number of shares issued and treasury stock as of March 31, 2007:
| • | Total number of shares issued (excluding treasury stock): 2,146,284,458 shares |
| • | Treasury stock: 306,769,039 shares |
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(TRANSLATION)
Matsushita Electric Industrial Co., Ltd.
Dear Shareholders:
Notice of Resolutions adopted at
the 100th Ordinary General Meeting of Shareholders
This is to inform you that reports were made and resolutions were adopted as follows at the Company’s 100th Ordinary General Meeting of Shareholders held today.
Matters reported:
| 1. | The business report and statutory report on a consolidated and a parent-alone basis with respect to the 100th fiscal period from April 1, 2006 to March 31, 2007 |
Reports were duly made regarding the subject matter.
| 2. | Report of Accounting Auditors and the Board of Corporate Auditors on the consolidated financial statements |
Reports were duly made regarding the subject matter.
Matters resolved:
Bill No.1:
To elect 19 directors:
Messrs. Kunio Nakamura, Masayuki Matsushita, Fumio Ohtsubo, Takami Sano, Susumu Koike, Shunzo Ushimaru, Toshihiro Sakamoto, Takahiro Mori, Shinichi Fukushima, Junji Esaka, Ikusaburo Kashima, Ikuo Uno, Yoshifumi Nishikawa, Hidetsugu Otsuru and Masaharu Matsushita were re-elected as directors. Koshi Kitadai, Yasuo Katsura, Hitoshi Otsuki and Makoto Uenoyama were newly elected as directors. They all accepted and assumed office.
Ikuo Uno and Yoshifumi Nishikawa are outside directors.
Bill No.2:
To elect 2 corporate auditors:
Mr. Yasuo Yoshino was re-elected and Kenichi Hamada was newly elected as corporate auditors. They all accepted and assumed office.
Mr. Yasuo Yoshino is an outside corporate auditor.
Bill No. 3:
To approve changes to remuneration for directors and corporate auditors:
The above bill was approved and passed as proposed, whereby, in light of changes in the economic environment, as well as changes to the handling of bonuses for directors and corporate auditors due to the recent enforcement of the Company Law of Japan, Matsushita will integrate bonus payments with remuneration in accordance with the level of contribution made to the Company’s financial and other results, rather than paying bonuses as part of the allocation of profit. Consequently, the Company resolved that the maximum amount of allowance for directors’ remuneration for a single fiscal year shall be amended to ¥1,500 million (¥30 million for outside directors), and ¥140 million for corporate auditors, and it also resolved to apply this amendment retroactively from April 2007 for remuneration for fiscal 2008, ending March 31, 2008.
| Yours very truly, |
| /s/ Fumio Ohtsubo |
| Fumio Ohtsubo |
| President and Director |
| Matsushita Electric Industrial Co., Ltd. |
FOR IMMEDIATE RELEASE
| Media Contacts: | Investor Relations Contacts: | |
| Akira Kadota (Japan) | Makoto Mihara (Japan) | |
| International PR | Investor Relations | |
| (Tel: +81-3-3578-1237) | (Tel: +81-6-6908-1121) | |
| Panasonic News Bureau (Japan) | Akihiro Takei (U.S.) | |
| (Tel: +81-3-3542-6205) | Panasonic Finance (America), Inc. | |
| (Tel: +1-212-698-1365) | ||
| Jim Reilly (U.S.) | ||
| (Tel: +1-201-392-6067) | Hiroko Carvell (Europe) | |
| Panasonic Finance (Europe) plc | ||
| Munetsugu Takeda (Europe) |
(Tel: +44-20-7562-4400) | |
| (Tel: +49-611-235-305) | ||
Matsushita to sell shares of MT Picture Display Germany GmbH
Osaka, Japan, June 29, 2007 — Matsushita Electric Industrial Co., Ltd. (MEI [NYSE symbol: MC]), best known for its Panasonic brand, announced the sale of its shares in MT Picture Display Germany GmbH (MTPDG), a subsidiary of MT Picture Display Co., Ltd (MTPD) and a consolidated subsidiary of MEI.
Despite the previous announcement regarding the liquidation of MTPDG released on November 30, 2005, MEI has decided to sell all of its shares in MTPDG and has reached an agreement thereon with the purchasers as described below.
Outline of sale of the shares
1. Reason for sale of the shares
MEI, on the termination of the production by MTPDG, had also considered selling shares in MTPDG in the process of liquidating MTPDG. As a result of such consideration, MEI has reached an agreement with the purchasers about the sale of the shares as described below.
2. MTPDG Company Overview
| Company name | MT Picture Display Germany GmbH | |
| Representative | Eberhard Buettner, Managing Director | |
| Location of head office | Fritz-Mueller str. 112, Esslingen, Germany | |
| Date of incorporation | February 1, 1995 | |
| Principal business | Manufacturing and sales of CRTs for TVs | |
| (Operation was closed in March 2006) | ||
| Number of employees | 17 (as of June 29, 2007) | |
| Share capital | Euro 1,020,000 | |
| 3. Purchasers of the shares | ||
| 1) HERE Genesis BV | ||
| Company name | HERE Genesis BV | |
| Percentage of shares to be purchased | 96% | |
| Location of head office | Holland | |
| Relationship with MEI | No relationship to be noted | |
| 2) SCHE31 Verwaltungsgessellschaft | ||
| Company name | SCHE31 Verwaltungs GmbH | |
| Percentage of shares to be purchased | 4% | |
| Location of head office | Germany | |
| Relationship with MEI | No relationship to be noted | |
| 4. MEI’s portion of shares in MTPDG | ||
| Before the sale of shares: | 100% | |
| After the sale of shares: | 0% | |
| 5. Schedule | ||
| Date of resolution: | June 29, 2007 | |
| Date of transfer of shares: | July 1, 2007 (planned) | |
| 6. Influence to financial outlook | ||
There shall be no change in the financial outlook for fiscal 2008, ending March 31, 2008.
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