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 July, 2010

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: July 30, 2010

Makita Corporation

Consolidated Financial Results
for the three months
ended June 30, 2010
(U.S. GAAP Financial Information)

(English translation of “KESSAN TANSHIN”

originally issued in Japanese)

CONSOLIDATED FINANCIAL RESULTS
FOR THE THREE MONTHS ENDED JUNE 30, 2010 (Unaudited)

July 30, 2010

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

1. Summary operating results of the three months ended June 30, 2010 (From April 1, 2010 to June 30, 2010)
(1) CONSOLIDATED OPERATING RESULTS

		Yen (millions)
		For the three months ended								For the three months ended
		June 30, 2009								June 30, 2010
							%								%
Net sales			55,395				(34.5	)			64,822				17.0
Operating income			6,639				(61.2	)			10,136				52.7
Income before income taxes			8,218				(51.2	)			9,393				14.3
Net income attributable to Makita Corporation			5,287				(55.1	)			6,045				14.3
Earning per share (Basic)		Yen
Net income attributable to Makita Corporation common shareholders			38.38								43.88

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 June 30, 2010
Total assets			349,839				333,975
Total equity			299,673				284,100
Total Makita Corporation shareholders’ equity			297,207				281,862
Total Makita Corporation shareholders’ equity ratio to total assets (%)			85.0%				84.4%
		Yen
Total Makita Corporation shareholders’ equity per share			2,157.42				2,046.03

2. Dividend Information

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

Notes:
   The forecast for cash dividend announced on April 28, 2010 has not been revised.

			1
English translation of “KESSAN TANSHIN” originally issued in Japanese

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

		Yen (millions)
		For the six months ending								For the year ending
		September 30, 2010								March 31, 2011
							%								%
Net sales			128,000				7.9				250,000				1.7
Operating income			17,000				14.4				30,000				(1.3	)
Income before income taxes			16,000				(7.4	)			29,500				(12.0	)
Net income attributable to Makita Corporation			10,600				(0.2	)			19,800				(11.0	)
Earning per share (Basic)		Yen
Net income attributable to Makita Corporation common shareholders		76.95								143.73

Notes:
   The consolidated financial forecast for the year ending March 31, 2011 has been revised.

4. Other

   (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 June 30, 2010: As of March 31, 2010			140,008,760 140,008,760
2. Number of treasury stock:		As of June 30, 2010: As of March 31, 2010:			2,248,613 2,248,358
3. Average number of shares outstanding:		For the three months ended June 30, 2010:			137,760,233
		For the three months ended June 30, 2009:			137,763,434

Information regarding quarterly review

   This consolidated financial results 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 forecast for the year ending March 31, 2011 has 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 forecast” 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.

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

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

   During the three months (the “period”) ended June 30, 2010, the housing market remained weak in developed countries such as Japan, the United States and Western European countries. However, while economic recovery in these regions was modest, strong economic growth continued in emerging countries of Asia and Central and South America, supported by strong capital investments and consumer spending.

   Under these circumstances, Makita’s consolidated net sales for the period increased by 17.0% to 64,822 million yen compared to the same period of the previous year, mainly due to solid demand for power tools in the overseas market although the depreciation of euro currency as a result of the Greek crisis had some negative impact. Operating income increased 52.7% to 10,136 million yen (operating income ratio: 15.6%). This increase was mainly due to the increased sales and the improvement in the ratio of cost of sales for decline in unit production cost resulting from the increased production volume, while selling, general and administrative expenses increased only by 2.5% compared to the same period of the previous year. Income before income taxes increased by 14.3% to 9,393 million yen (income before income taxes ratio: 14.5%). Net income attributable to Makita Corporation increased by 14.3% to 6,045 million yen (net income attributable to Makita Corporation ratio: 9.3%).

   Net sales by region are as follows:

   Net sales in Japan increased by 3.0% compared to the same period of the previous year to 10,201 million yen. This increase was mainly because sales of impact drivers and other new products were strong, although the domestic housing market was weak.

   Net sales in Europe increased by 13.8% to 27,620 million yen. Although the depreciation of euro currency, destocking activities in Western European market have been completed and stocks were deemed in short in Western Europe. In addition, the demand that had significantly dropped last year in Russia and Eastern Europe began to recover.

   Net sales in North America increased by 19.8% to 9,228 million yen mainly supported by the recovery in retailers’ buying willingness, although the recovery of the U.S. housing market was modest.

   Net sales in Asia increased by 27.3% to 5,315 million yen mainly due to the demand recovery in Asian countries positively affected by China’s economic growth.

   Net sales in other regions grew strongly, because of the demand had been recovery mainly due to robust economic growth with a backdrop of an increase in the price of material. Net sales in Central and South America increased by 34.9% compared to the same period of the previous year to 4,371 million yen; sales in the Middle East and Africa increased by 36.0% to 4,190 million yen; and sales in Oceania increased by 29.2% to 3,897 million yen.

2. Qualitative Information on Consolidated Financial Position

   (Analysis on assets, liabilities and shareholders’ equity)

   Total assets as of June 30, 2010 decreased by 15,864 million yen to 333,975 million yen compared to the balance as of March 31, 2010. Major factors affecting this change were the decrease in marketable securities due to sales of them for payment of dividends and decreased trade accounts receivable and inventories.

   The total liabilities as of June 30, 2010 decreased by 291 million yen to 49,875 million yen compared to the balance as of March 31, 2010. Major factor affecting this change was decrease in accrued payroll.

   Total equity as of June 30, 2010 decreased by 15,573 million yen to 284,100 million yen compared to the balance as of March 31, 2010. This decrease was mainly because foreign currency translation adjustment decreased due to 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 Forecast

   Sales in the overseas market has grown steadily, supported by demand recovery in developed countries and expanded sales in emerging countries. However, since the appreciation of the yen against the euro and other currencies has been steeper than as estimated in our initial forecasts announced on April 28, 2010, the forecasts of consolidated performance for the fiscal year ending March 2011 announced on April 28, 2010 are revised as follows:

Revised Forecast for Consolidated Performance during the fiscal 2011 (from April 1, 2010 to March 31, 2011)

Yen (millions)																		Yen
For the six months ending September 30, 2010
																		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)			127,000				16,200				16,700				11,100				80.57
Revised forecast (B)			128,000				17,000				16,000				10,600				76.95
Change (B-A)			1,000				800				(700)				(500)				—
Percentage revision			0.8%				4.9%				(4.2)%				(4.5)%				—
Actual results for the previous period ended September 30,2009			118,681				14,866				17,271				10,622				77.10

Yen (millions)																		Yen
For the year ending March 31, 2011
																		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				33,000				34,000				22,500				163.33
Revised forecast (B)			250,000				30,000				29,500				19,800				143.73
Change (B-A)			(5,000)				(3,000)				(4,500)				(2,700)				—
Percentage revision			(2.0)%				(9.1)%				(13.2)%				(12.0)%				—
Actual results for the previous year ended March 31, 2010			245,823				30,390				33,518				22,258				161.57

   The above forecast is based on the assumption of exchange rates of 90 yen to the U.S. dollar and 110 yen to the euro for the nine months period ending March 31, 2011.

   Our previous exchange rates that we announced on April 28, 2010 were 92 yen to the U.S. dollar and 123 yen to the euro.

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

4. Other

(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, the Company 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 June 30, 2010
		Composition ratio								Composition ratio
ASSETS
CURRENT ASSETS:
Cash and cash equivalents			62,290								54,425
Time deposits			8,383								13,309
Short-term investments			33,639								28,394
Trade receivables-
Notes			2,214								2,336
Accounts			43,680								40,771
Less- Allowance for doubtful receivables			(1,010	)							(875	)
Inventories			88,811								86,357
Deferred income taxes			6,434								6,133
Prepaid expenses and other current assets			9,356								10,547
Total current assets			253,797				72.6	%			241,397				72.3	%
PROPERTY, PLANT AND EQUIPMENT, at cost:
Land			19,050								18,517
Buildings and improvements			70,668								68,516
Machinery and equipment			74,652								72,946
Construction in progress			2,257								2,995
			166,627								162,974
Less- Accumulated depreciation			(93,427	)							(92,684	)
Total net property, plant and equipment			73,200				20.9	%			70,290				21.0	%
INVESTMENTS AND OTHER ASSETS:
Investments			15,166								14,688
Goodwill			721								721
Other intangible assets, net			4,664								4,538
Deferred income taxes			1,611								1,679
Other assets			680								662
Total investments and other assets			22,842				6.5	%			22,288				6.7	%
Total assets			349,839				100.0	%			333,975				100.0	%

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

		Yen (millions)
		As of March 31, 2010								As of June 30, 2010
		Composition ratio								Composition ratio
LIABILITIES
CURRENT LIABILITIES:
Short-term borrowings			385								309
Trade notes and accounts payable			18,359								20,062
Other payables			5,089								4,261
Accrued expenses			4,694								4,337
Accrued payroll			6,835								5,628
Income taxes payable			1,722								2,254
Deferred income taxes			40								33
Other current liabilities			5,337								5,991
Total current liabilities			42,461				12.1	%			42,875				12.8	%
LONG-TERM LIABILITIES:
Long-term indebtedness			544								539
Accrued retirement and termination benefits			3,778								3,191
Deferred income taxes			677								678
Other liabilities			2,706								2,592
Total long-term liabilities			7,705				2.2	%			7,000				2.1	%
Total liabilities			50,166				14.3	%			49,875				14.9	%
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								271,738
Accumulated other comprehensive income (loss)			(42,032	)							(58,325	)
Treasury stock, at cost			(6,445	)							(6,445	)
Total Makita Corporation shareholders’ equity			297,207				85.0	%			281,862				84.4	%
NONCONTROLLING INTEREST			2,466				0.7	%			2,238				0.7	%
Total equity			299,673				85.7	%			284,100				85.1	%
Total liabilities and equity			349,839				100.0	%			333,975				100.0	%

		As of March 31, 2010				As of June 30, 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				137,760,147
Number of treasury stock			2,248,358				2,248,613

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

(2) Consolidated Statements of Income

		Yen (millions)
		For the three months								For the three months
		ended June 30, 2009								ended June 30, 2010
		Composition ratio								Composition ratio
NET SALES			55,395				100.0	%			64,822				100.0	%
Cost of sales			33,735				60.9	%			39,290				60.6	%
GROSS PROFIT			21,660				39.1	%			25,532				39.4	%
Selling, general, administrative and other expenses			15,021				27.1	%			15,396				23.8	%
OPERATING INCOME			6,639				12.0	%			10,136				15.6	%
OTHER INCOME (EXPENSES):
Interest and dividend income			210								395
Interest expense			(27	)							(8	)
Exchange gains (losses) on foreign currency transactions, net			1,251								(1,220	)
Realized gains on securities, net			145								90
Total			1,579				2.8	%			(743	)			(1.1	)%
INCOME BEFORE INCOME TAXES			8,218				14.8	%			9,393				14.5	%
PROVISION FOR INCOME TAXES:
Current			2,269								2,362
Deferred			556								886
Total			2,825				5.1	%			3,248				5.0	%
NET INCOME			5,393				9.7	%			6,145				9.5	%
Less: Net income attributable to the noncontrolling interest			(106	)			(0.2	)%			(100	)			(0.2	)%
NET INCOME ATTRIBUTABLE TO MAKITA CORPORATION			5,287				9.5	%			6,045				9.3	%

			7
English translation of “KESSAN TANSHIN” originally issued in Japanese

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

Yen (millions)

For the three months ended June 30, 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																							(3	)							(3	)
Cash dividends															(6,888	)															(6,888	)
Comprehensive income (loss)
Net income															5,287												106				5,393				5,287				106				5,393
Foreign currency translation adjustment																			3,006								102				3,108				3,006				102				3,108
Unrealized holding gains (losses) on available-for- sale securities																			1,951												1,951				1,951								1,951
Pension liability adjustment																			(4	)											(4	)			(4	)							(4	)
Total comprehensive income (loss)																																			10,240				208				10,448
Ending balance			23,805				45,420				5,669				255,886				(37,508	)			(6,438	)			2,469				289,303
		Yen (millions)
For the three months ended June 30, 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
Cash dividends															(5,097	)															(5,097	)
Comprehensive income (loss)
Net income															6,045												100				6,145				6,045				100				6,145
Foreign currency translation adjustment																			(15,004	)							(328	)			(15,332	)			(15,004	)			(328	)			(15,332	)
Unrealized holding gains (losses) on available-for- sale securities																			(1,323	)											(1,323	)			(1,323	)							(1,323	)
Pension liability adjustment																			34												34				34								34
Total comprehensive income (loss)																																			(10,248	)			(228	)			(10,476	)
Ending balance			23,805				45,420				5,669				271,738				(58,325	)			(6,445	)			2,238				284,100

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

(4) Condensed Consolidated Statements of Cash Flows

		Yen (millions)
		For the three months				For the three months
		ended June 30, 2009				ended June 30, 2010
Net cash provided by operating activities			10,346				4,138
Net cash provided by (used in) investing activities			3,184				(4,652	)
Net cash used in financing activities			(6,696	)			(5,173	)
Effect of exchange rate changes on cash and cash equivalents			(804	)			(2,178	)
Net change in cash and cash equivalents			6,030				(7,865	)
Cash and cash equivalents, beginning of period			34,215				62,290
Cash and cash equivalents, end of period			40,245				54,425

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

(6) Condensed Operating Segment Information

		Yen (millions)
		For the three months ended June 30, 2009
		Japan				Europe				North America				Asia				Other				Total				Corporate and elimi- nations				Consoli- dated
Sales:
(1) External customers			12,766				24,377				7,667				2,292				8,293				55,395				-				55,395
(2) Inter-segment			6,390				450				450				10,924				10				18,224				(18,224	)			-
Total			19,156				24,827				8,117				13,216				8,303				73,619				(18,224	)			55,395
Operating expenses			20,287				22,629				8,277				11,392				7,660				70,245				(21,489	)			48,756
Operating income (loss)			(1,131	)			2,198				(160	)			1,824				643				3,374				3,265				6,639

		Yen (millions)
		For the three months ended June 30, 2010
		Japan				Europe				North America				Asia				Other				Total				Corporate and elimi- nations				Consoli- dated
Sales:
(1) External customers			13,984				27,548				9,244				2,957				11,089				64,822				-				64,822
(2) Inter-segment			10,626				710				635				22,428				21				34,420				(34,420	)			-
Total			24,610				28,258				9,879				25,385				11,110				99,242				(34,240	)			64,822
Operating expenses			23,552				24,600				9,305				22,109				9,502				89,068				(34,382	)			54,686
Operating income (loss)			1,058				3,658				574				3,276				1,608				10,174				(38	)			10,136

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

			9
English translation of “KESSAN TANSHIN” originally issued in Japanese

SUPPORT DOCUMENTATION (CONSOLIDATED)

1. Consolidated Financial Results and Forecast

		Yen (millions)
		For the three months								For the three months
		ended June 30, 2009								ended June 30, 2010
						(		%)						(		%)
Net sales			55,395				(34.5)				64,822				17.0
Domestic			9,903				(13.5)				10,201				3.0
Overseas			45,492				(37.8)				54,621				20.1
Operating income			6,639				(61.2)				10,136				52.7
Income before income taxes			8,218				(51.2)				9,393				14.3
Net income attributable to Makita Corporation			5,287				(55.1)				6,045				14.3
Earning per share (Basic)
Net income attributable to Makita Corporation common shareholders (Yen)					38.38								43.88
Number of employees					10,112								10,549

		Yen (millions)
		For the year ended March 31, 2010								For the six months								For the year ending
										ending September 30,								March 31, 2011
										2010 (Forecast)								(Forecast)
						(		%)						(		%)						(		%)
Net sales			245,823				(16.4	)			128,000				7.9				250,000				1.7
Domestic			42,697				(7.6	)			21,700				4.2				43,200				1.2
Overseas			203,126				(18.0	)			106,300				8.6				206,800				1.8
Operating income			30,390				(39.3	)			17,000				14.4				30,000				(1.3	)
Income before income taxes			33,518				(24.6	)			16,000				(7.4	)			29,500				(12.0	)
Net income attributable to Makita Corporation			22,258				(33.1	)			10,600				(0.2	)			19,800				(11.0	)
Earning per share (Basic)
Net income attributable to Makita Corporation common shareholders (Yen)					161.57								76.95								143.73
Number of employees					10,328								-								-

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 forecast for the six months and fiscal year 2011.

2. Consolidated Net Sales by Geographic Area

		Yen (millions)
		For the three months								For the three months								For the year ended
		ended June 30, 2009								ended June 30, 2010								March 31, 2010
						(%)								(%)								(%)
Japan			9,903				(13.5	)			10,201				3.0				42,697				(7.6	)
Europe			24,280				(40.5	)			27,620				13.8				109,106				(20.4	)
North America			7,700				(32.7	)			9,228				19.8				34,509				(18.4	)
Asia			4,175				(40.7	)			5,315				27.3				18,373				(16.5	)
Other regions			9,337				(32.7	)			12,458				33.4				41,138				(11.4	)
Central and South America			3,241				(34.7	)			4,371				34.9				15,228				(9.0	)
The Middle East and Africa			3,080				(36.2	)			4,190				36.0				12,794				(22.3	)
Oceania			3,016				(26.3	)			3,897				29.2				13,116				(0.7	)
Total			55,395				(34.5	)			64,822				17.0				245,823				(16.4	)

Note:

The table above sets forth Makita’s consolidated net sales by geographic area 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 three				For the three				For the year				For the six				For the year
		months ended				months ended				ended March 31,				months ending				ending March
		June 30, 2009				June 30, 2010				2010				September 30,				31, 2011
														2010 (Forecast)				(Forecast)
Yen/U.S. Dollar			97.36				92.01				92.89				91				91
Yen/Euro			132.66				117.03				131.18				114				112

4. Production Ratio (unit basis)

		For the three				For the three				For the year
		months ended				months ended				ended
		June 30, 2009				June 30, 2010				March 31, 2010
		Composition ratio				Composition ratio				Composition ratio
Domestic			20.5	%			16.1	%			16.8	%
Overseas			79.5	%			83.9	%			83.2	%

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

		Yen (millions)
		For the three				For the three				For the year				For the year
		months ended				months ended				ended				ending
		June 30, 2009				June 30, 2010				March 31, 2010				March 31, 2011
														(Forecast)
Capital expenditures			3,129				2,506				10,837				10,000
Depreciation and amortization			2,024				1,806				8,308				8,500
R&D cost			1,606				1,738				6,782				7,000

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