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 February, 2005
MAKITA CORPORATION
3-11-8, Sumiyoshi-cho, Anjo City, Aichi Prefecture, Japan
[Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:]
Form 20-F þ Form 40-F 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
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 | |||
(Signature) | ||||
Masahiko Goto President |
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Date: February 22, 2005
For immediate release
February 22, 2005
Company name:
|
Makita Corporation | |
Representative:
|
Masahiko Goto, President | |
Code number:
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6586 | |
Stock exchange listings:
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First sections of the Tokyo and Nagoya stock exchanges |
Changes in the Contract for the Acquisition of the Nailer Business of
Kanematsu-NNK Corp.
Makita concluded the final contract for the acquisition of the nailer business of Kanematsu-NNK Corp. (Head office: Tokyo; President: Norihiko Tominaga; hereinafter, Kanematsu-NNK) on December 24, 2004, and announced the contract on the same date. However, at todays Board of Directors meeting, the decision was made to postpone the acquisition.
1. | Reasons for the Changes |
Accompanying the issue of the recovery by Kanematsu-NNK of a portion of the interlocking screws on its own initiative, Makita received a request from Kanematsu-NNK for changes in the final contract. With the agreement of Kanematsu-NNK, it was decided to postpone the acquisition. (This decision will include changes in the company split-off agreements regarding Makita Fastenings Corporation (a subsidiary of Makita) and Kanematsu-NNK.)
Please be advised that Makita is scheduled to make available details regarding the conditions of this acquisition as soon as they are decided.
2. | Impact of the Changes |
These changes will have no effect on Makitas performance for the current period.
FORWARD-LOOKING STATEMENTS
This document contains forward-looking statements based on Makitas own
projections and estimates. The power tools market, where Makita is mainly
active, is subject to the effects of rapid shifts in economic conditions,
demand for housing, currency exchange rates, changes in competitiveness, and
other factors. Due to the risks and uncertainties involved, actual results
could differ substantially from the content of these statements. Therefore,
these statements should not be interpreted as representation that such
objectives will be achieved.