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

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

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-                    

 

 

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: April 27, 2007

For immediate release

April 27, 2007

Company name:		Makita Corporation
Representative:		Masahiko Goto, President
Code number:		6586

Notification Regarding the Dissolution of a Domestic Production subsidiary
and the Opening of a Peruvian Sales Subsidiary

          Makita Corporation (“Makita”) has resolved at the Board of Directors’ meeting held today to dissolve Makita Ichinomiya Corporation (“Makita Ichinomiya”), which is a subsidiary that produces woodworking machinery, by the end of December, 2007. At present, almost all of the products manufactured at Makita Ichinomiya are purchased by Makita, and the personnel and production facilities of Makita Ichinomiya will be transferred to the Okazaki Plant, which is our main factory. The Makita Group intends to streamline its operations by consolidating its domestic production functions.

          In addition, the sales subsidiary that was newly established in Lima, Republic of Peru will open on May 1 as a part of our continued efforts to strengthen our sales network in the Central and South American regions, where the market continues to grow. Currently, Makita’s Chilean sales subsidiary (Makita Chile Ltda.; representative: Takashi Nagata; headquarters: Santiago; established: March, 1999; capital: 2.326 billion Chilean pesos) is carrying out sales activities in Peru through a local agent, but Makita intends to strengthen sales and customer service by establishing an overseas subsidiary.

          As a result, Makita has 43 overseas subsidiaries (of which 6 are in Central and South America) and one in Japan.

          The key features of the dissolution of a domestic production subsidiary and the new subsidiary are as follows.

1. Regarding the dissolution of Makita Ichinomiya Corporation

(1)

Reason for dissolution

     The streamlining of operations by consolidating production functions at Makita

(2)

Summary of the dissolved subsidiaries (As of March 31, 2007)

		Company Name		Makita Ichinomiya Corporation
		Address		2-13, Kogane, Ashiyamada, Toyokawa, Aichi 441-1203, Japan
		Establishment		September 22, 1995
		Representative		Tadayoshi Torii
		Capital		100 million yen
		Shareholders' equity		2,546 million yen
		Total assets		2,654 million yen
		Number of staff		39
		Makita Ownership		100%
		Net sales		1,243 million yen

(3)

Dissolution schedule

     Liquidation proceedings will be carried out after the resolution for dissolution at the general shareholders’ meeting of the company that is to be held in December of this year.

(4)

Outlook

     The impact on consolidated and non-consolidated results for the year ending March 31, 2008 will be insignificant.

2. Outline of the New Subsidiary

(1) Company Name		Makita Peru S.A.
(2) Address		Av. Argentina 3119 Zona B Lima, Peru, Lima 1
(3) Representative		Takashi Nagata
(4) Capital		350,000 US dollars
(5) Makita Ownership		100%
(6) Establishment		January 19, 2007
(7) Date of commencement of operations		May 1, 2007
(8) Number of local personnel		Initially 5
(9) Line of Business		Sales of electric power tools in the Peru Republic and provision of maintenance service.