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, 2011

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  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-        

 

 

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.

Date: January 31, 2011

Makita Corporation

Consolidated Financial Results
for the nine months
ended December 31, 2010
(U.S. GAAP Financial Information)

(English translation of “KESSAN TANSHIN”

originally issued in Japanese)

CONSOLIDATED FINANCIAL RESULTS
FOR THE NINE MONTHS ENDED DECEMBER 31, 2010 (Unaudited)

January 31, 2011

Makita Corporation
Stock code: 6586
URL: http://www.makita.co.jp/
Masahiko Goto, President, Representative Director & CEO

1. Summary operating results of the nine months ended December 31, 2010 (From April 1, 2010 to December 31, 2010)
(1) CONSOLIDATED OPERATING RESULTS

		Yen (millions)
		For the nine months ended								For the nine months ended
		December 31, 2009								December 31, 2010
							%								%
Net sales			181,794				(23.9	)			204,569				12.5
Operating income			23,530				(48.8	)			32,828				39.5
Income before income taxes			26,397				(37.5	)			32,401				22.7
Net income attributable to Makita Corporation			16,917				(45.6	)			23,134				36.8
Earning per share (Basic)		Yen
Net income attributable to Makita Corporation common shareholders			122.80								167.93

Notes:

1.		Amounts of less than one million yen have been rounded.
2.		The table above shows the changes in the percentage ratio of net sales, operating income, income before income taxes, and net income attributable to Makita Corporation against the corresponding period of the previous year.

(2) SELECTED CONSOLIDATED FINANCIAL POSITION

		Yen (millions)
		As of March 31, 2010				As of December 31, 2010
Total assets			349,839				350,749
Total equity			299,673				295,142
Total Makita Corporation shareholders’ equity			297,207				292,857
Total Makita Corporation shareholders’ equity ratio to total assets (%)			85.0%				83.5%
		Yen
Total Makita Corporation shareholders’ equity per share			2,157.42				2,125.88

2. Dividend Information

		Yen
		For the year ended				For the year ending
		March 31, 2010				March 31, 2011
Cash dividend per share:
Interim			15.00				15.00
Year-end			37.00				(Note)
Total			52.00				(Note)

Note:

The projected amount of dividends for the year ending March 31, 2011 has not been determined yet. For further details, refer to “Explanation regarding proper use of business forecasts, and other significant matters”.

			1
English translation of "KESSAN TANSHIN" originally issued in Japanese

3. Consolidated Financial Performance Forecasts for the year ending March 31, 2011 (From April 1, 2010 to March 31, 2011)

		Yen (millions)
		For the year ending March 31, 2011
							%
Net sales			267,000				8.6
Operating income			40,800				34.3
Income before income taxes			40,300				20.2
Net income attributable to Makita Corporation			28,700				28.9
Earning per share (Basic)		Yen
Net income attributable to Makita Corporation common shareholders		208.34

Note:
   The consolidated financial forecasts announced on October 27, 2010 for the year ending March 31, 2011 have been revised.

4. Others

     (Refer to [Qualitative Information and Financial Statements] Section 4 “Other” on page 4.)

(1)		Changes in important subsidiaries during the period (Changes in specified subsidiaries accompanied by changes in scope of consolidation during the quarter): None
(2)		Adoption of simplified accounting methods and accounting methods that are specific to the preparation of quarterly consolidated financial statements: Yes
(3)		Changes in accounting principles, procedures and presentations: None
(4)		Number of shares outstanding (common stock)

1. Number of shares issued (including treasury stock):		As of December 31, 2010: As of March 31, 2010:			140,008,760 140,008,760
2. Number of treasury stock:		As of December 31, 2010: As of March 31, 2010:			2,250,600 2,248,358
3. Average number of shares outstanding:		For the nine months ended December 31, 2010:			137,759,739
		For the nine months ended December 31, 2009:			137,762,402

Information regarding quarterly review

   This consolidated financial results report is not subject to a quarterly review stipulated under the Financial Instruments and Exchange Act. As of the release date of this document, the quarterly review under the Financial Instruments and Exchange Act has not been completed.

Explanation regarding proper use of business forecasts, and other significant matters

   The consolidated financial forecasts for the year ending March 31, 2011 have been revised. Regarding the assumptions for the forecasts and other matters, refer to [Qualitative Information and Financial Statements] Section 3 “Qualitative Information on Consolidated Financial Performance Forecasts” on page 4. The financial forecasts given above are based on information as available at the present time, and include potential risks and uncertainties. As a consequence of the factors above and other, actual results may vary from the forecasts provided above.

   Makita’s basic policy on the distribution of profits is to maintain a consolidated dividend payout ratio of 30% or greater, with a lower limit on annual cash dividends of 18 yen per share. However, in the event special circumstances arise, computation of the amount of dividends will be based on consolidated net income attributable to Makita Corporation after certain adjustments.

    The Board of Directors plans to meet in April 2011 for a report on earnings for the year ending March 31, 2011. At the time, in accordance with the basic policy regarding profit distribution mentioned above, the Board of Directors plans to propose a dividend equivalent to at least 30% of net income attributable to Makita Corporation. The Board of Directors will submit this proposal to the General Meeting of Shareholders scheduled for June 2011.

The consolidated dividend payout ratio is calculated as annual dividends per share divided by consolidated net income attributable to Makita Corporation per share (after adjustments for special circumstances) and multiplied by 100.

			2
English translation of “KESSAN TANSHIN” originally issued in Japanese

[Qualitative Information and Financial Statements]
1. Qualitative Information on Consolidated Operating Results

   During the nine months (the “period”) ended December 31, 2010, the business conditions in developed countries generally showed trend of modest recovery. Although no strong economic recovery was seen in Japan and the United States, Germany and other countries in Western Europe showed steady recovery. In Asia, especially in China and other emerging countries, strong economic growth continued. Consequently, the demand for power tools in the global market was also strong mainly in emerging countries.

   Consolidated net sales for the period increased by 12.5% to 204,569 million yen compared to the same period of the previous year, supported mainly by the strong demand for power tools in the overseas market, although appreciation of the yen value against major foreign currencies had some negative impact. Operating income increased 39.5% to 32,828 million yen (operating income ratio: 16.0%). This increase was mainly due to the increased sales and the decreased selling, general, administrative and other expenses. Income before income taxes increased by 22.7% to 32,401 million yen (income before income taxes ratio: 15.8%). Net income attributable to Makita Corporation increased by 36.8% to 23,134 million yen (net income attributable to Makita Corporation ratio: 11.3%).

   Net sales by region are as follows:

   Net sales in Japan increased by 8.3% to 33,423 million yen compared to the same period of the previous year mainly supported by strong sales of new products of lithium-ion battery products and pneumatic tools.

   Net sales in Europe increased by 7.8% to 86,479 million yen due to the steady demand in Germany, U.K. and other countries in Western Europe and the market recovery in Eastern Europe and Russia.

   Net sales in North America increased by 7.3% to 28,773 million yen supported by strong sales in the Christmas season, although the market condition remained severe.

   Net sales in Asia increased by 37.7% to 17,753 million yen supported by the demand recovery in Southeast Asian countries.

   Net sales in other regions grew strongly mainly due to economic recovery resulting from the increased natural resource prices. Net sales in Central and South America increased by 28.3% to 15,171 million yen; sales in Oceania increased by 19.1% to 11,969 million yen; and sales in the Middle East and Africa increased by 20.6% to 11,001 million yen.

2. Qualitative Information on Consolidated Financial Position

   Total assets as of December 31, 2010 increased by 910 million yen to 350,749 million yen compared to the balance as of March 31, 2010. This increase was mainly due to the increase in inventories resulting from the increased production.

   Total liabilities as of December 31, 2010 increased by 5,441 million yen to 55,607 million yen compared to the balance as of March 31, 2010. This increase was mainly due to the increases in trade notes and accounts payable.

   Total equity as of December 31, 2010 decreased by 4,531 million yen to 295,142 million yen compared to the balance as of March 31, 2010. This decrease was mainly attributable to the increase in accumulated other comprehensive loss due to a change in foreign currency translation adjustment because of the stronger yen against other currencies compared with that as of March 31, 2010.

			3
English translation of “KESSAN TANSHIN” originally issued in Japanese

3. Qualitative Information on Consolidated Financial Performance Forecasts

   Both net sales and profits are expected to exceed the forecasts announced on October 27, 2010, supported by the recovery of the demand for power tools mainly in overseas markets and the resulting increase in the operating rate of our production sites.

		Yen (millions)																Yen
																		Earning per share
																		(Basic) Net
																		income
																		attributable to
														Net income				Makita
										Income				attributable				Corporation
						Operating				before				to Makita				common
		Net sales				income				income taxes				Corporation				shareholders
Outlook announced previously (A)			255,000				36,000				35,500				25,000				181.48
Revised forecasts (B)			267,000				40,800				40,300				28,700				208.34
Changes (B-A)			12,000				4,800				4,800				3,700				—
Percentage revision			4.7%				13.3%				13.5%				14.8%				—
Actual results for the previous year ended March 31, 2010			245,823				30,390				33,518				22,258				161.57

   The above forecasts are based on the assumption of exchange rates of 83 yen to the U.S. dollar and 110 yen to the euro for the three months period ending March 31, 2011.

   The above forecasts are based on information as available at the present time, and include potential risks and uncertainties. As a consequence of the factors above and other, actual results may vary from the forecasts provided above.

4. Others

(1)

Changes in important subsidiaries during the period (Changes in specified subsidiaries accompanied by changes in scope of consolidation during the quarter): None

(2)

Adoption of simplified accounting methods and accounting methods that are specific to the preparation of quarterly consolidated financial statements:

   With regard to the income tax expenses, Makita Corporation computes interim income tax expense by multiplying reasonably estimated annual effective tax rate, which includes the effects of deferred taxes, by year-to-date income before income taxes for the reporting period.

(3)

Changes in accounting principles, procedures and presentations: None

			4
English translation of “KESSAN TANSHIN” originally issued in Japanese

5. Consolidated Financial Statements (Unaudited)

(1) Consolidated Balance Sheets

		Yen (millions)
		As of March 31, 2010								As of December 31, 2010
		Composition ratio								Composition ratio
ASSETS
CURRENT ASSETS:
Cash and cash equivalents			62,290								59,257
Time deposits			8,383								11,862
Short-term investments			33,639								31,921
Trade receivables-
Notes			2,214								2,316
Accounts			43,680								42,061
Less- Allowance for doubtful receivables			(1,010	)							(801	)
Inventories			88,811								93,457
Deferred income taxes			6,434								6,047
Prepaid expenses and other current assets			9,356								9,313
Total current assets			253,797				72.6	%			255,433				72.8	%
PROPERTY, PLANT AND EQUIPMENT, at cost:
Land			19,050								19,826
Buildings and improvements			70,668								68,542
Machinery and equipment			74,652								72,222
Construction in progress			2,257								3,258
			166,627								163,848
Less- Accumulated depreciation			(93,427	)							(92,856	)
Total net property, plant and equipment			73,200				20.9	%			70,992				20.2	%
INVESTMENTS AND OTHER ASSETS:
Investments			15,166								16,147
Goodwill			721								721
Other intangible assets, net			4,664								4,583
Deferred income taxes			1,611								1,442
Other assets			680								1,431
Total investments and other assets			22,842				6.5	%			24,324				7.0	%
Total assets			349,839				100.0	%			350,749				100.0	%

			5
English translation of “KESSAN TANSHIN” originally issued in Japanese

		Yen (millions)
		As of March 31, 2010								As of December 31, 2010
		Composition ratio								Composition ratio
LIABILITIES
CURRENT LIABILITIES:
Short-term borrowings			385								90
Trade notes and accounts payable			18,359								22,473
Other payables			5,089								5,078
Accrued expenses			4,694								5,831
Accrued payroll			6,835								5,482
Income taxes payable			1,722								3,504
Deferred income taxes			40								42
Other current liabilities			5,337								6,508
Total current liabilities			42,461				12.1	%			49,008				14.0	%
LONG-TERM LIABILITIES:
Long-term indebtedness			544								540
Accrued retirement and termination benefits			3,778								2,880
Deferred income taxes			677								675
Other liabilities			2,706								2,504
Total long-term liabilities			7,705				2.2	%			6,599				1.9	%
Total liabilities			50,166				14.3	%			55,607				15.9	%
EQUITY
MAKITA CORPORATION SHAREHOLDERS’ EQUITY:
Common stock			23,805								23,805
Additional paid-in capital			45,420								45,420
Legal reserve			5,669								5,669
Retained earnings			270,790								286,761
Accumulated other comprehensive income (loss)			(42,032	)							(62,347	)
Treasury stock, at cost			(6,445	)							(6,451	)
Total Makita Corporation shareholders’ equity			297,207				85.0	%			292,857				83.5	%
NONCONTROLLING INTEREST			2,466				0.7	%			2,285				0.6	%
Total equity			299,673				85.7	%			295,142				84.1	%
Total liabilities and equity			349,839				100.0	%			350,749				100.0	%

		As of March 31, 2010				As of December 31, 2010
Total number of shares authorized			496,000,000				496,000,000
Number of shares issued			140,008,760				140,008,760
Number of shares issued (excluding treasury stock)			137,760,402				137,758,160
Number of treasury stock			2,248,358				2,250,600

			6
English translation of “KESSAN TANSHIN” originally issued in Japanese

(2) Consolidated Statements of Income

		Yen (millions)
		For the nine months								For the nine months
		ended December 31, 2009								ended December 31, 2010
		Composition ratio								Composition ratio
NET SALES			181,794				100.0	%			204,569				100.0	%
Cost of sales			110,662				60.9	%			125,936				61.6	%
GROSS PROFIT			71,132				39.1	%			78,633				38.4	%
Selling, general, administrative and other expenses			47,602				26.2	%			45,805				22.4	%
OPERATING INCOME			23,530				12.9	%			32,828				16.0	%
OTHER INCOME (EXPENSES):
Interest and dividend income			671								1,019
Interest expense			(62	)							(26	)
Exchange gains (losses) on foreign currency transactions, net			2,110								(1,405	)
Realized gains (losses) on securities, net			148								(15	)
Total			2,867				1.6	%			(427	)			(0.2	)%
INCOME BEFORE INCOME TAXES			26,397				14.5	%			32,401				15.8	%
PROVISION FOR INCOME TAXES:
Current			7,235								8,161
Deferred			2,012								805
Total			9,247				5.1	%			8,966				4.3	%
NET INCOME			17,150				9.4	%			23,435				11.5	%
Less: Net income attributable to the noncontrolling interest			(233	)			(0.1	)%			(301	)			(0.2	)%
NET INCOME ATTRIBUTABLE TO MAKITA CORPORATION			16,917				9.3	%			23,134				11.3	%

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English translation of “KESSAN TANSHIN” originally issued in Japanese

(3) Consolidated Statements of Changes in Equity & Comprehensive Income (Loss)

Yen (millions)

For the nine months ended December 31, 2009
		Makita Corporation shareholders’ equity																																Comprehensive income (loss)
		Common stock				Additional paid-in capital				Legal reserve				Retained earnings				Accumulated other comprehensive income (loss)				Treasury stock				Non- controlling interest				Total				Net income attributable to Makita Corporation				Net income attributable to the non-controlling interest				Total
Beginning balance			23,805				45,420				5,669				257,487				(42,461	)			(6,435	)			2,261				285,746
Purchases and disposal of treasury stock, net																							(6	)							(6	)
Cash dividends															(8,955	)											(197	)			(9,152	)
Capital transactions and other																											181				181
Comprehensive income (loss)
Net income															16,917												233				17,150				16,917				233				17,150
Foreign currency translation adjustment																			(377	)							43				(334	)			(377	)			43				(334	)
Unrealized holding gains (losses) on available-for-sale securities																			1,607												1,607				1,607								1,607
Pension liability adjustment																			(12	)											(12	)			(12	)							(12	)
Total comprehensive income (loss)																																			18,135				276				18,411
Ending balance			23,805				45,420				5,669				265,449				(41,243	)			(6,441	)			2,521				295,180
		Yen (millions)
For the nine months ended December 31, 2010
		Makita Corporation shareholders’ equity																																Comprehensive income (loss)
		Common stock				Additional paid-in capital				Legal reserve				Retained earnings				Accumulated other comprehensive income (loss)				Treasury stock				Non- controlling interest				Total				Net income attributable to Makita Corporation				Net income attributable to the non-controlling interest				Total
Beginning balance			23,805				45,420				5,669				270,790				(42,032	)			(6,445	)			2,466				299,673
Purchases and disposal of treasury stock, net																							(6	)							(6	)
Cash dividends															(7,163	)											(136	)			(7,299	)
Comprehensive income (loss)
Net income															23,134												301				23,435				23,134				301				23,435
Foreign currency translation adjustment																			(19,551	)							(346	)			(19,897	)			(19,551	)			(346	)			(19,897	)
Unrealized holding gains (losses) on available-for-sale securities																			(817	)											(817	)			(817	)							(817	)
Pension liability adjustment																			53												53				53								53
Total comprehensive income (loss)																																			2,819				(45	)			2,774
Ending balance			23,805				45,420				5,669				286,761				(62,347	)			(6,451	)			2,285				295,142

			8
English translation of “KESSAN TANSHIN” originally issued in Japanese

(4) Condensed Consolidated Statements of Cash Flows

		Yen (millions)
		For the nine months				For the nine months
		ended December 31, 2009				ended December 31, 2010
Net cash provided by operating activities			46,950				21,777
Net cash used in investing activities			(14,721	)			(12,926	)
Net cash used in financing activities			(9,109	)			(7,622	)
Effect of exchange rate changes on cash and cash equivalents			(2,260	)			(4,262	)
Net change in cash and cash equivalents			20,860				(3,033	)
Cash and cash equivalents, beginning of period			34,215				62,290
Cash and cash equivalents, end of period			55,075				59,257

(5) Notes on the preconditions for a going concern: None

(6) Condensed Operating Segment Information

		Yen (millions)
		For the nine months ended December 31, 2009
		Japan				Europe				North America				Asia				Other				Total				Corporate and elimi- nations				Consoli- dated
Sales:
(1) External customers			39,659				80,535				26,785				6,619				28,196				181,794				-				181,794
(2) Inter-segment			22,698				2,035				1,314				39,797				56				65,900				(65,900	)			-
Total			62,357				82,570				28,099				46,416				28,252				247,694				(65,900	)			181,794
Operating expenses			63,586				72,637				27,787				40,099				26,300				230,409				(72,145	)			158,264
Operating income (loss)			(1,229	)			9,933				312				6,317				1,952				17,285				6,245				23,530

		Yen (millions)
		For the nine months ended December 31, 2010
		Japan				Europe				North America				Asia				Other				Total				Corporate and elimi- nations				Consoli- dated
Sales:
(1) External customers			45,880				86,176				28,978				9,556				33,979				204,569				-				204,569
(2) Inter-segment			36,204				2,393				2,164				70,991				72				111,824				(111,824	)			-
Total			82,084				88,569				31,142				80,547				34,051				316,393				(111,824	)			204,569
Operating expenses			75,470				77,485				29,378				70,844				28,601				281,778				(110,037	)			171,741
Operating income (loss)			6,614				11,084				1,764				9,703				5,450				34,615				(1,787	)			32,828

(7) Note in case there is any significant change in the shareholders’ equity: None

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English translation of “KESSAN TANSHIN” originally issued in Japanese

SUPPORT DOCUMENTATION (CONSOLIDATED)

1. Consolidated Financial Results and Forecasts

 

		Yen (millions)
		For the nine months ended								For the nine months ended
		December 31, 2009								December 31, 2010
						(		%)						(		%)
Net sales			181,794				(23.9)				204,569				12.5
Domestic			30,875				(12.3)				33,423				8.3
Overseas			150,919				(25.9)				171,146				13.4
Operating income			23,530				(48.8)				32,828				39.5
Income before income taxes			26,397				(37.5)				32,401				22.7
Net income attributable to Makita Corporation			16,917				(45.6)				23,134				36.8
Earning per share (Basic)
Net income attributable to Makita Corporation common shareholders (Yen)					122.80								167.93
Number of Employees					10,012								11,595

		Yen (millions)
		For the year ended March 31, 2010								For the six months								For the year
										ended September								ending March
										30, 2010								31, 2011
																		(Forecasts)
						(		%)						(		%)						(		%)
Net sales			245,823				(16.4	)			133,807				12.7				267,000				8.6
Domestic			42,697				(7.6	)			22,182				6.5				45,000				5.4
Overseas			203,126				(18.0	)			111,625				14.1				222,000				9.3
Operating income			30,390				(39.3	)			21,843				46.9				40,800				34.3
Income before income taxes			33,518				(24.6	)			21,751				25.9				40,300				20.2
Net income attributable to Makita Corporation			22,258				(33.1	)			15,122				42.4				28,700				28.9
Earning per share (Basic)
Net income attributable to Makita Corporation common shareholders (Yen)					161.57								109.77								208.34
Number of Employees					10,328								11,368								-

Notes:

	1.		The table above shows the changes in the percentage ratio of Net sales, Operating income, Income before income taxes, and Net income attributable to Makita Corporation against the corresponding period of the previous year.
	2.		Please refer to page 4 for the qualitative information on consolidated financial forecasts for fiscal year 2011.

2. Consolidated Net Sales by Region

		Yen (millions)
		For the nine months								For the nine months								For the year								For the six months
		ended December 31, 2009								ended December 31, 2010								ended March 31, 2010								ended September 30, 2010
						(%)								(%)								(%)								(%)
Japan			30,875				(12.3	)			33,423				8.3				42,697				(7.6	)			22,182				6.5
Europe			80,208				(28.6	)			86,479				7.8				109,106				(20.4	)			57,028				10.4
North America			26,823				(22.8	)			28,773				7.3				34,509				(18.4	)			18,472				3.8
Asia			12,895				(28.0	)			17,753				37.7				18,373				(16.5	)			11,388				32.1
Other regions			30,993				(20.2	)			38,141				23.1				41,138				(11.4	)			24,737				25.0
Central and South America			11,821				(16.7	)			15,171				28.3				15,228				(9.0	)			9,622				30.1
Oceania			10,048				(9.6	)			11,969				19.1				13,116				(0.7	)			7,888				20.7
The Middle East and Africa			9,124				(32.6	)			11,001				20.6				12,794				(22.3	)			7,227				23.4
Total			181,794				(23.9	)			204,569				12.5				245,823				(16.4	)			133,807				12.7

Note:

The table above sets forth Makita’s consolidated net sales by region based on the customer’s location for the periods presented. Accordingly, it differs from operating segment information on page 9. The table above shows the changes in the percentage ratio of Net sales against the corresponding period of the previous year.

3. Exchange Rates

		Yen
		For the nine				For the nine				For the year				For the six				For the year
		months ended				months ended				ended				months ended				ending March
		December 31, 2009				December 31, 2010				March 31, 2010				September 30,				31, 2011
														2010				(Forecasts)
Yen/U.S. Dollar			93.61				86.84				92.89				88.89				86
Yen/Euro			133.03				113.27				131.18				113.80				113

4. Production Ratio (unit basis)

		For the nine				For the nine				For the year				For the six
		months ended				months ended				ended				months ended
		December 31, 2009				December 31, 2010				March 31, 2010				September 30, 2010
		Composition ratio				Composition ratio				Composition ratio				Composition ratio
Domestic			17.2	%			15.1	%			16.8	%			15.3	%
Overseas			82.8	%			84.9	%			83.2	%			84.7	%

Note:

The above composition ratio of domestic and overseas of “For the six months ended September 30, 2010” is revised. They were announced on October 29, 2010, respectively 16.1% and 83.9%.

5. Consolidated Capital Expenditures, Depreciation and Amortization, and R&D cost

		Yen (millions)
		For the nine				For the nine				For the year				For the six				For the year
		months ended				months ended				ended				months ended				ending March
		December 31, 2009				December 31, 2010				March 31, 2010				September 30,				31, 2011
														2010				(Forecasts)
Capital expenditures			9,182				7,769				10,837				4,855				10,000
Depreciation and amortization			6,183				5,615				8,308				3,636				8,000
R&D cost			5,070				5,425				6,782				3,549				7,300

			11
English translation of “KESSAN TANSHIN” originally issued in Japanese