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 ~~October~~November, 2012

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 þ 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): 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): ¨

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 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.

MAKITA CORPORATION

(Registrant)


By:		/s/ Masahiko Goto
		Masahiko Goto
		President, Representative Director and Chief Executive Officer

Date: ~~October 31~~November 27, 2012

LOGO

Makita Corporation

~~Consolidated~~The ~~Financial~~101st ~~Results~~Interim Business Report

~~for~~Ended ~~the~~September 30, ~~six~~2012 ~~months~~

ended September 30, 2012

(U.S. GAAP Financial Information)

(English translation of “~~KESSAN~~CHUKAN-KI ~~TANSHIN~~JIGYOU NO GOHOUKOKU”

interim business report originally issued in Japanese)

~~CONSOLIDATED~~for ~~FINANCIAL RESULTS~~the benefit and information of shareholders

~~FOR~~of ~~THE~~the ~~SIX~~Company’s ~~MONTHS~~common ~~ENDED SEPTEMBER 30, 2012 (Unaudited~~stock)

LOGO

~~October 31,~~Message ~~2012~~from the Managements

We are pleased to present the outline of operation and financial results for Makita’s ~~Corporation~~101st interim period, ended September 30, 2012.

~~Stock~~¢Consolidated ~~code:~~Operating ~~6586~~Result as Interim Period

URL: http://www.makita.co.jp/

Masahiko Goto, President, Representative Director & CEO

1. Summary operating results of the six months ended September 30, 2012 (From April 1, 2012 to September 30, 2012)

(1) CONSOLIDATED OPERATING RESULTS

	Yen (millions)
	For the six months ended September 30, 2011				For the six months ended September 30, 2012
			%				%
Net sales		153,036		14.4		151,232		(1.2	)
Operating income		26,953		23.4		24,030		(10.8	)
Income before income taxes		24,514		12.7		22,693		(7.4	)
Net income attributable to Makita Corporation		17,104		13.1		15,874		(7.2	)
Comprehensive income (loss)		(1,556)		—		995		—
	Yen
Earning per share (Basic)
Net income attributable to Makita Corporation common shareholders		124.16				116.94

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, net income attributable to Makita Corporation, and comprehensive income (loss) against the corresponding period of the previous year.

(2) SELECTED CONSOLIDATED FINANCIAL POSITION

	Yen (millions)
	As of March 31, 2012		As of September 30, 2012
Total assets		383,256		369,241
Total equity		323,778		316,926
Total Makita Corporation shareholders’ equity		321,253		314,693
Total Makita Corporation shareholders’ equity ratio to total assets (%)		83.8%		85.2%
2. Dividend Information
	Yen
	For the year endedMarch 31, 2012		For the year endingMarch 31, 2013
Cash dividend per share:
Interim		15.00		15.00
Year-end		57.00		(Note)
Total		72.00		(Note)

Notes:

1. The forecast for cash dividend announced on April 27, 2012 has not been revised.

2. The projected amount of dividends for the year ending March 31, 2013 has not been determined yet. For further details, refer to “Explanation regarding proper use of business forecasts, and other significant matters” on page 2.

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

3. Consolidated Financial Performance Forecast for the year ending March 31, 2013 (From April 1, 2012 to March 31, 2013)

	Yen (millions)
	For the year ending March 31, 2013
			%
Net sales		288,000	(2.6	)
Operating income		41,500	(14.5	)
Income before income taxes		40,200	(14.4	)
Net income attributable to Makita Corporation		27,400	(15.7	)
	Yen
Earning per share (Basic)
Net income attributable toMakita Corporation common shareholders		201.84

Note: The consolidated financial forecast for the year ending March 31, 2013 has been revised.

4. Other

(Refer to [Qualitative Information and Financial Statements] Section 4 “Other” on page 5.)

(1) Changes in important subsidiaries during the period (Changes in specified subsidiaries accompanied by changes in scope of consolidation during the quarter): Not applicable

(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 policies, procedures and presentation rules applied in the preparation of the quarterly consolidated financial statements:

1. Changes due to revisions to accounting standards: Yes

2. Changes due to other reasons: Not applicable

(4) Number of shares outstanding (common stock)

1. Number of shares issued (including treasury stock):	As of September 30, 2012:	140,008,760
	As of March 31, 2012:	140,008,760
2. Number of treasury stock:	As of September 30, 2012:	4,261,015
	As of March 31, 2012:	4,258,242
3. Average number of shares outstanding:	For the six months endedSeptember 30, 2012:	135,749,263
	For the six months ended September 30, 2011:	137,755,000

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

1. 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. 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 2013 for a report on earnings for the year ending March 31, 2013. 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 2013.

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

Looking at the global economic situation during the first six-month period of the fiscal year ending March 31, 2013, European economy remained stagnating, because no clue to help solve the financial crisis in the region has been found. However, the Russian economy was still solid due to the continuing high level of crude oil prices. In the United States, the economic recovery remained moderate, though the housing market showed some signs of recovery. In Asia, the Chinese economic growth was at a low level and furthermore, there were signs of economic slowdown in Southeast Asia, where the economy had been expanded being led by exports. In Japan, the economic recovery lost momentum due to the deterioration of export environment, though demand for reconstruction from the Great East Japan Earthquake supported the economy.

Under these circumstances, in development side, Makita added a multi tool that enables the user to cut, remove and sand materials with one tool to the product lineup of lithium-ion battery products and expanded product lines with the right combination of affordability, functions and durability that meet needs in emerging countries. In production side, our plant in Thailand, which is the second production base in Asia following China, commenced operations from July 2012. The new plant enabled us to shorten the lead time for products to be sold in Southeast Asian countries and flexibly and promptly respond to the market demand. In sales side, we rebuilt the buildings of Fukuoka branch in Japan and sales subsidiary in Taiwan to meet diversified needs. Through such steps, we strove harder to maintain and improve our sales and after-sales services proximate to the customers.

~~Our~~¢For ~~consolidated net sales for this period decreased by 1.2% to 151,232 million yen compared to~~ the ~~same~~interim period of the previous year. This was because the growth of global economy slowed down and the yen became stronger against euro compared to the same period in the previous year resulting in the drop in net sales when translated into Japanese yen, ~~although~~both sales ~~were~~ ~~solid~~and inprofit ~~Japan. As for incomes, our operating income~~ have decreased bybecause ~~10.8% from the previous year to 24,030 million yen (operating income ratio 15.9%) mainly due to the rises in the ratio~~ of ~~cost of sales from 60.6% for~~ the ~~same~~appreciation ~~period~~ of ~~the previous year to 62.2% for this period by 1.6 points as a result of the decline in capacity utilization at the plant. On the other hand, non-operating losses decreased by 1,102 million~~ yen ~~from the previous year due to the reductions in “Exchange losses on foreign currency transactions”~~ and ~~“Realized~~slow ~~losses~~down ~~on securities”. Meanwhile, income before income taxes showed a decrease~~ of ~~7.4%~~world ~~from~~economic ~~the~~growth previous year to 22,693 million yen (income before income taxes ratio 15.0%) and net income attributable to Makita Corporation decreased by 7.2% from the previous year to 15,874 million yen (net income attributable to Makita Corporation ratio 10.5%).

~~Net~~Our consolidated net sales for this period decreased by ~~region~~1.2% ~~are~~to as151,232 million ~~follows:~~yen compared to the same period of the previous year. This was mainly because the growth of global economy slowed down and the yen became stronger against all currencies especially euro for 7.5% in weighted average change compared to the same period in the previous year resulting in the drop of 10 billion yen in net sales when translated into Japanese yen, although sales were solid in Japan.

~~Net~~As ~~sales~~for inincomes, ~~Japan~~our ~~increased~~operating income decreased by 710.68% from the previous year to 2724,~~189~~030 million yen ~~compared~~(operating income ratio 15.9%) mainly due to the rises in the ratio of cost of sales from 60.6% for the same period of the previous year. ~~This~~to ~~was~~62.2% ~~because~~for ~~sales~~this ~~continued~~period ~~steady~~by ~~thanks~~1.6 topoints ~~expanded~~as ~~product~~a ~~lineup~~result of ~~lithium~~the decline in capacity utilization at the plant. On the other hand, non-~~ion~~operating losses ~~battery~~decreased ~~products~~by 1,102 million ~~mainly~~yen ~~impact~~from ~~drivers~~the previous year due to the reductions in “Exchange losses on foreign currency transactions” and “Realized losses on securities”. Meanwhile, income before income taxes showed a decrease of 7.4% from the previous year to 22,693 million yen (income before income taxes ratio 15.0%) and net income attributable to Makita Corporation decreased by 7.2% from the previous year to 15,874 million yen (net income attributable to Makita Corporation ratio 10.5%).

~~Net~~1 ~~sales~~English inTranslation ~~Europe decreased by 4.5% to 61,688 million yen compared to the same period~~ of ~~the~~“CHUKAN-KI ~~previous~~JIGYOU ~~year.~~NO ~~This~~GOHOUKOKU” ~~was~~originally ~~due~~issued ~~to sales~~ in ~~Western Europe declined because of the effects of the financial uncertainty and a sharp appreciation of the yen against the euro from a year earlier, though sales to Russia continued to be robust.~~ Japanese

LOGO

~~Net~~¢Outlook ~~sales~~for inthe ~~North America decreased by 2.1% from a~~ year ~~earlier~~ending ~~to 19,400~~March ~~million yen~~31, ~~because~~2013 ~~the~~and ~~U.S.~~Issue ~~economic recovery remained moderate, although we strived~~ to ~~expand~~be ~~the~~Addressed ~~sales of cordless tools with lithium-ion battery.~~

~~Net~~Since ~~sales~~the economy is slowing down in ~~Asia~~ ~~increased~~the bydeveloped ~~0.8%~~countries, ~~from~~severe asituation ~~year~~is ~~earlier~~expected toin 14Western Europe,~~246 million~~ ~~yen~~North America and Oceania. In the emerging countries, ~~because~~meanwhile, ~~sales~~growth ~~stalled~~in demand for low-priced products is expected to continue. The trends in ~~China~~exchange rates are unpredictable, ~~although~~making ~~demands~~the ~~were~~situation ~~strong~~surrounding inMakita ~~Southeast~~Group ~~Asian~~remain ~~countries~~severe.

~~Sales~~Under ~~situation~~these incircumstances, ~~other~~Makita ~~regions~~aims ~~are~~to asreinforce ~~follows:~~its ~~Net~~R&D ~~sales in Central~~ and ~~South~~product ~~America~~development ~~decreased~~activities byto ~~12.8%~~deliver ~~from~~more user-friendly, aearth-conscious ~~year~~power ~~earlier~~tools toand ~~11,005 million~~gardening ~~yen,~~equipment. ~~because~~We ~~demand~~will ~~was~~also onstrengthen the ~~wane~~technical ~~and~~development ~~local currencies~~of ~~depreciated;~~compact ~~Net~~engines. ~~sales~~The inglobal ~~Oceania~~production ~~dropped~~organizations bywill ~~3.8%~~be ~~from~~strengthened ato ~~year~~respond ~~earlier~~ to ~~9,225 million~~changes ~~yen~~in demand conditions. ~~Meanwhile~~In addition, ~~net~~we ~~sales~~will input ~~the~~focus ~~Middle~~on ~~East~~maintaining and ~~Africa~~strengthening ~~increased~~a bysales ~~21.0%~~and ~~from~~after-sales aservice ~~year~~structure ~~earlier~~that toleads ~~8,479 million~~the ~~yen,~~industry ~~because~~both ~~construction investment~~in ~~was~~the ~~steady~~domestic onand ~~the~~overseas ~~backdrop~~markets ofwhile ~~higher~~enforcing ~~crude~~our ~~oil~~sales ~~prices~~activity to professional users.

3¢The ~~English~~Interim ~~translation~~Cash Dividends of ~~“KESSAN~~15 ~~TANSHIN”~~Yen ~~originally~~Per ~~issued~~Share ~~in Japanese~~

2.Makita’s ~~Qualitative~~basic ~~Information~~policy on the distribution of profits is to maintain a dividend payout ratio of at least 30%, with a ~~Consolidated~~lower ~~Financial~~limit ~~Position~~on annual cash dividends of 18 yen per share.

~~Total~~For ~~assets~~the asinterim ofperiod ~~September 30,~~under ~~2012 decreased by 14~~review,~~015 million~~ ~~yen~~Makita declared to ~~369,241 million~~pay ~~yen~~a ~~compared~~dividend toof ~~the~~15 ~~balance~~yen asper ~~of March 31~~share, ~~2012.~~as ~~The~~announced ~~decrease was mainly due to a decline~~ in ~~inventories~~April ~~resulted from the currency translation loss into the Japanese yen due to the yen’s appreciation~~2012.

~~Total~~Based ~~liabilities~~on asits ofdividend ~~September 30~~policy, ~~2012~~Makita's board ~~decreased~~of bydirectors ~~7,163 million~~will ~~yen~~decide ~~to 52,315 million~~on ~~yen~~proposals ~~compared~~for to the ~~balance~~dividend asfor ofthe ~~March 31,~~end ~~2012.~~of ~~The~~the ~~decrease~~fiscal ~~was~~year ~~mainly~~at ~~due~~their meeting to approve the ~~decrease~~financial instatements ~~“Trade~~after ~~notes~~they ~~and~~are ~~accounts~~finalized ~~payable”~~near ~~resulting~~the ~~from~~end ~~decrease~~ of ~~purchase~~April ~~and~~2013. ~~“Income~~Their ~~taxes~~proposals ~~payable”~~will ~~resulting~~be presented for discussion ~~from~~and ~~payment~~final approval at the Ordinary General Meeting of ~~tax~~Shareholders.

~~Total~~We ~~equity~~look asforward ~~of September 30, 2012 decreased by 6,852 million yen~~ to ~~316,926 million~~ ~~yen compared to~~ the ~~balance~~continuing assupport and cooperation of ~~March 31,~~our ~~2012~~shareholders. ~~The decrease was mainly due to a change in foreign currency translation adjustment because the yen remained stronger against other currencies compared to March 31, 2012.~~

3.November ~~Qualitative~~2012 ~~Information on Consolidated Financial Performance Forecast~~

WeMasahiko ~~expect~~Goto the global economy will remain lackluster and business conditions continue to be tough in the third quarter and onwards. We, however, revise our consolidated financial forecast for the full year since our performance for the first six-month period of the current fiscal year was better than our previous forecast announced on July 31, 2012.

~~Revised Forecast for consolidated performance during the fiscal 2013 (From April 1~~President, ~~2012~~Representative ~~to March~~Director ~~31,~~& ~~2013)~~

	Yen (millions)								Yen
	Net sales		Operatingincome		Incomebeforeincome taxes		Net incomeattributableto MakitaCorporation		Earning per share(Basic) Netincomeattributable toMakitaCorporationcommonshareholders
Outlook announced previously (A)		280,000		38,000		35,000		24,000		176.80
Revised forecast (B)		288,000		41,500		40,200		27,400		201.84
Changes (B-A)		8,000		3,500		5,200		3,400		—
Percentage revision		2.9%		9.2%		14.9%		14.2%		—
Actual results for the previous year ended March 31, 2012		295,711		48,516		46,963		32,497		236.78

Chief Executive Officer

~~The~~2 ~~above~~English ~~forecast~~Translation ~~is based on the assumption~~ of ~~exchange~~“CHUKAN-KI ~~rates~~JIGYOU ofNO 77GOHOUKOKU” ~~yen~~originally toissued ~~the~~in ~~U.S. dollar and 98 yen to the euro for the six months period ending March 31, 2013.~~ Japanese

LOGO

~~The~~Feature ~~above forecast is~~Section ~~based on the assumption of exchange rates of 78 yen to the U.S. dollar and 99 yen to the euro for the year ending March 31, 2013.~~

~~(Reference)~~¢Second ~~Our~~Asian ~~previous~~Production ~~exchange rates that we announced on July 31~~site, ~~2012~~Thailand ~~were~~Plant 79commenced ~~yen to the U.S. dollar and 95 yen to the euro for the year ending March 31, 2013.~~ production

~~The~~In ~~above~~July ~~forecast~~2012, isMakita ~~based~~Manufacturing on(Thailand) ~~information~~Co., asLtd., ~~available~~or at the ~~present~~Thailand ~~time~~Plant, ~~and~~our ~~includes potential risks and~~manufacturing ~~uncertainties.~~subsidiary Aslocated ain ~~consequence~~Chonburi ofProvince, ~~the factors above and other~~Thailand, ~~actual~~commenced ~~results may vary from the forecast provided above~~production.

4The ~~English~~industrial ~~translation~~park in Chonburi Province, where the Thailand Plant is located, is in a hilly area with complete industrial infrastructure and no fear of ~~“KESSAN~~flooding. ~~TANSHIN”~~Since ~~originally~~it ~~issued~~is located near Laem Chabang Port, the largest international trading port in ~~Japanese~~Thailand, the lead time for production for Southeast Asian countries can be reduced, realizing an enhanced production system capable of flexibly and promptly responding to demand.

4Our sales in Asia, especially in Southeast Asia, show steady growth. ~~Other~~With demand expected to expand, we aim to further promote sales by making full use of the Thailand Plant.

~~(1)~~¢Makita ~~Changes~~Woodcraft inClub ~~important~~supported ~~subsidiaries~~Aichi ~~during~~Prefecture’s ~~the~~woodworking ~~period (Changes in specified subsidiaries accompanied by changes in scope of consolidation during the quarter): None~~workshop

~~(2)~~On ~~Adoption~~August 4, ofa ~~simplified~~woodworking ~~accounting~~workshop ~~methods~~for children titled “Come on, future inventors!” and organized ~~accounting~~by ~~methods~~Aichi ~~that~~Prefecture ~~are~~was ~~specific~~held toin the ~~preparation~~Expo 2005 Aichi Commemorative Park. Members of ~~quarterly~~Makita ~~consolidated~~Woodcraft ~~financial~~Club ~~statements:~~assisted the workshop as woodworking instructors and advisors.

~~With~~This ~~regard~~event, toheld ~~the~~during ~~income~~summer ~~tax expenses~~vacation, ~~the~~was ~~Company~~intended ~~computes interim~~to ~~income~~encourage ~~tax~~children ~~expense~~to bybecome ~~multiplying~~interested ~~reasonably~~in ~~estimated~~invention ~~annual~~and creativity. ~~effective~~Thirty ~~tax~~elementary ~~rate,~~school ~~which~~children ~~includes~~selected ~~the~~from ~~effects~~a number of ~~deferred~~applicants ~~taxes~~participated in the workshop, byeach ~~year-to-date~~making ~~income~~a ~~before~~bird ~~income~~box ~~taxes~~using ~~for~~slide ~~the~~compound ~~reporting~~saws ~~period~~and cordless driver drills.

~~(3)~~Makita ~~Changes~~staff inmembers ~~accounting~~explained ~~principles,~~to ~~procedures~~the children and ~~presentations:~~their parents how to use the electric tools and assisted them in each step from cutting materials to finishing.

InChildren ~~June~~were ~~2011,~~excited with the ~~Financial~~experience ~~Accounting~~of ~~Standards~~using ~~Board~~electric ~~(FASB)~~tools for ~~issued~~the ~~Accounting~~first ~~Standards~~time ~~Update~~in ~~(ASU) 2011-05,~~their ~~Comprehensive~~life ~~Income~~and ~~(Accounting~~looked ~~Standards~~happy ~~Codification~~finishing ~~(ASC)~~their ~~Topic~~completed ~~220):~~bird ~~Presentation~~boxes ofwith ~~Comprehensive Income~~sandpaper. ~~ASU2011-05~~This ~~requires~~event anwas ~~entity to report comprehensive income either in~~ a ~~single~~good ~~continuous~~opportunity ~~financial~~to ~~statement~~communicate ~~or in two separate but consecutive financial statements. ASU 2011-05 is retrospectively applied~~ to ~~all~~children ~~periods presented. The Company adopted ASU2011-05 since~~ the ~~first~~joy ~~quarter~~ of ~~this~~making ~~fiscal year beginning April 1, 2012~~things. ~~This adoption did not have an impact on the Company’s financial position and results of operations.~~

5¢Exhibition ~~English~~in ~~translation~~the ofJAPAN ~~“KESSAN~~DIY ~~TANSHIN”~~HOMECENTER ~~originally~~SHOW ~~issued in Japanese~~

5.Makita ~~Consolidated~~exhibited ~~Financial~~in ~~Statements~~ the JAPAN DIY HOMECENTER SHOW 2012 held at Makuhari Messe International Convention Hall (~~Unaudited~~Chiba City) from August 23 to 25, 2012. DIY-related products available in the market were exhibited in this trade show. The Makita booth also had a great number of visitors.

~~(1)~~Many ~~Consolidated~~visitors ~~Balance~~experienced our ~~Sheets~~products in the Makita booth and admired, among others, the powerful performance of our Cordless Recipro saw products. It was a great opportunity to be able to appeal the advantages of Makita products by offering visitors personal experience to use Makita products.

	Yen (millions)
	As of March 31, 2012				As of September 30, 2012
		Composition ratio				Composition ratio
ASSETS
CURRENT ASSETS:
Cash and cash equivalents		44,812				52,466
Time deposits		13,504				6,382
Short-term investments		25,125				28,326
Trade receivables-
Notes		1,769				1,555
Accounts		48,445				48,161
Less- Allowance for doubtful receivables		(753	)			(710	)
Inventories		129,571				117,611
Deferred income taxes		5,898				5,766
Prepaid expenses and other current assets		8,392				8,304
Total current assets		276,763		72.2%		267,861		72.5%
PROPERTY, PLANT AND EQUIPMENT, at cost:
Land		20,498				19,881
Buildings and improvements		73,332				74,360
Machinery and equipment		75,460				73,930
Construction in progress		6,594				4,495
		175,884				172,666
Less- Accumulated depreciation		(98,146	)			(97,999	)
Total net property, plant and equipment		77,738		20.3%		74,667		20.2%
INVESTMENTS AND OTHER ASSETS:
Investments		19,154				15,871
Goodwill		721				721
Other intangible assets, net		4,515				4,424
Deferred income taxes		853				1,175
Other assets		3,512				4,522
Total investments and other assets		28,755		7.5%		26,713		7.3%
Total assets		383,256		100.0%		369,241		100.0%

¢Okazaki Plant invited students of a school for the disabled

6On ~~English~~October 18, ~~translation~~nine students of ~~“KESSAN~~a ~~TANSHIN”~~local ~~originally~~high ~~issued~~school for the disabled visited our Okazaki Plant. This was aimed to provide them with an opportunity to see the people working in ~~Japanese~~a plant and their workplaces, so as to learn the significance of work.

	Yen (millions)
	As of March 31, 2012				As of September 30, 2012
	Composition ratio				Composition ratio
LIABILITIES
CURRENT LIABILITIES:
Short-term borrowings		2,351				1,801
Trade notes and accounts payable		21,822				17,942
Other payables		4,313				4,657
Accrued expenses		6,314				5,556
Accrued payroll		7,803				7,643
Income taxes payable		5,293				3,643
Deferred income taxes		125				90
Other current liabilities		5,697				5,456
Total current liabilities		53,718		14.0%		46,788		12.7%
LONG-TERM LIABILITIES:
Long-term indebtedness		12				11
Accrued retirement and termination benefits		3,027				2,854
Deferred income taxes		130				108
Other liabilities		2,591				2,554
Total long-term liabilities		5,760		1.5%		5,527		1.5%
Total liabilities		59,478		15.5%		52,315		14.2%
EQUITY
MAKITA CORPORATION SHAREHOLDERS’
EQUITY:
Common stock		23,805				23,805
Additional paid-in capital		45,421				45,421
Legal reserve		5,669				5,669
Retained earnings		316,937				325,073
Accumulated other comprehensive income (loss)		(59,066	)			(73,755	)
Treasury stock, at cost		(11,513	)			(11,520	)
Total Makita Corporation shareholders’ equity		321,253		83.8%		314,693		85.2%
NONCONTROLLING INTEREST		2,525		0.7%		2,233		0.6%
Total equity		323,778		84.5%		316,926		85.8%
Total liabilities and equity		383,256		100.0%		369,241		100.0%

The students saw the products being processed and assembled, and visited the products exhibition room. They were surprised at the work speed and the large number of product lineups.

	As of March 31, 2012		As of September 30, 2012
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)		137,750,518		135,747,745
Number of treasury stock		4,258,242		4,261,015

Makita was awarded by the Minister of Health, Labour and Welfare as a company that has actively and steadily employed persons with disabilities at the national awarding ceremony for 2012.

7We ~~English~~will ~~translation~~continue ofto make efforts to create a company that embodies the “~~KESSAN~~management ~~TANSHIN~~in harmony with society”, ~~originally~~one ~~issued~~of inour ~~Japanese~~management principles.

~~(2)~~3 ~~Consolidated~~English ~~Statements~~Translation of ~~Income~~ “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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	Yen (millions)
	For the six months endedSeptember 30, 2011				For the six months endedSeptember 30, 2012
	Composition ratio				Composition ratio
NET SALES		153,036		100.0%		151,232		100.0%
Cost of sales		92,701		60.6%		94,136		62.2%
GROSS PROFIT		60,335		39.4%		57,096		37.8%
Selling, general, administrative and other, net		33,382		21.8%		33,066		21.9%
OPERATING INCOME		26,953		17.6%		24,030		15.9%
OTHER INCOME (EXPENSES):
Interest and dividend income		723				770
Interest expense		(95	)			(115	)
Exchange gains (losses) on foreign currency transactions, net		(2,465	)			(1,708	)
Realized gains (losses) on securities, net		(602	)			(284	)
Total		(2,439	)	(1.6)%		(1,337	)	(0.9)%
INCOME BEFORE INCOME TAXES		24,514		16.0%		22,693		15.0%
PROVISION FOR INCOME TAXES:
Current		7,459				6,808
Deferred		(189	)			(7	)
Total		7,270		4.7%		6,801		4.5%
NET INCOME		17,244		11.3%		15,892		10.5%
Less: Net income attributable to the noncontrolling interest		140		0.1%		18		0.0%
NET INCOME ATTRIBUTABLE TO MAKITA CORPORATION		17,104		11.2%		15,874		10.5%

Introduction of our Global Network

8Australian ~~English~~Sales ~~translation~~Subsidiary ~~of “KESSAN TANSHIN” originally issued in Japanese~~

~~Consolidated~~¢Company ~~Statements~~Overview ~~of Comprehensive Income~~

	Yen (millions)
	For the six months endedSeptember 30, 2011			For the six months ended September 30, 2012
NET INCOME		17,244			15,892
OTHER COMPREHENSIVE INCOME (LOSS)
Foreign currency translation adjustment		(18,193	)		(13,983	)
Unrealized holding gains (losses) on available-for- sale securities		(678	)		(1,036	)
Pension liability adjustment		71			122
Total		(18,800	)		(14,897	)
COMPREHENSIVE INCOME (LOSS)		(1,556	)		995
Less: Comprehensive income (loss) attributable to the non-controlling interest		(139	)		(190	)
COMPREHENSIVE INCOME (LOSS) ATTRIBUTABLE TO MAKITA CORPORATION		(1,417	)		1,185

Company name: Makita (Australia) Pty. Ltd.

9Description ~~English~~of ~~translation~~business: ofsales ~~“KESSAN~~and ~~TANSHIN”~~after-sales ~~originally~~service ~~issued~~of inelectric ~~Japanese~~power tools

~~(3)~~Establishment: ~~Condensed~~May ~~Consolidated~~1973 ~~Statements of Cash Flows~~

	Yen (millions)
	For the six monthsended September 30,2011			For the six monthsended September 30,2012
Net cash provided by (used in) operating activities		(1,692	)		15,186
Net cash provided by investing activities		4,473			751
Net cash used in financing activities		(5,131	)		(8,103	)
Effect of exchange rate changes on cash and cash equivalents		(839	)		(180	)
Net change in cash and cash equivalents		(3,189	)		7,654
Cash and cash equivalents, beginning of period		51,833			44,812
Cash and cash equivalents, end of period		48,644			52,466

Headquarters location: Eastern Creek, New South Wales, Australia

Branches: Hobart (4Tasmania), ~~Notes~~Perth on(Western ~~the~~Australia) ~~assumptions for a going concern: None~~

~~(5)~~Factory ~~Condensed~~Service ~~Operating~~Centers: ~~Segment~~5 ~~Information~~locations

		Yen (millions)
	For the six months ended September 30, 2011
	Japan		Europe		NorthAmerica		Asia		Otherarea		Total		Elimi-nations			Consoli-dated
Sales:
(1) External customers		35,001		64,618		20,129		6,942		26,346		153,036		—			153,036
(2) Inter-segment		28,291		1,620		1,842		59,093		279		91,125		(91,125	)		—
Total		63,292		66,238		21,971		66,035		26,625		244,161		(91,125	)		153,036
Operating expenses		54,594		58,199		20,595		59,678		22,256		215,322		(89,239	)		126,083
Operating income		8,698		8,039		1,376		6,357		4,369		28,839		(1,886	)		26,953

¢Current Australian power tool market

	Yen (millions)
	For the six months ended September 30, 2012
	Japan		Europe		NorthAmerica		Asia		Otherarea		Total		Elimi-nations			Consoli-dated
Sales:
(1) External customers		37,497		62,489		19,437		6,387		25,422		151,232		—			151,232
(2) Inter-segment		21,740		1,856		1,184		53,688		22		78,490		(78,490	)		—
Total		59,237		64,345		20,621		60,075		25,444		229,722		(78,490	)		151,232
Operating expenses		52,914		57,584		19,561		53,289		22,182		205,530		(78,328	)		127,202
Operating income		6,323		6,761		1,060		6,786		3,262		24,192		(162	)		24,030

Australia has a large market of power tools not only for professional users but also for Do-It-Yourself.

~~(6)~~There ~~Note~~is growing interest in lithium-ion ~~case~~batteries ~~there~~in isAustralia ~~any~~these ~~significant~~days, ~~change~~and ina ~~the~~wide ~~shareholders~~range of high-quality products are demanded. To promote Makita’s ~~equity:~~lithium-ion ~~None~~products, Makita Australia has frequently held exhibitions to explain their superiority compared to nickel-cadmium products and demonstrate its excellent lineup of lithium-ion products. As a result of these efforts, Makita Australia now holds the largest share in the Australian market.

10¢Establishing ~~English~~good ~~translation~~relationships ofwith ~~“KESSAN~~distributors ~~TANSHIN” originally issued in Japanese~~

~~SUPPORT~~As ~~DOCUMENTATION~~a result of successful sales promotion of lithium-ion products, sales in Oceania steadily increased, marking a 16% ~~(CONSOLIDATED)~~increase for the March 2012 term. While signs of economic slowdown, such as decreasing home construction, are beginning to appear this year, sales of this 2nd quarter remain at the same level as that of the same period previous year, though affected by the high yen. At present, construction of our new company building is under way with a view to further expanding businesses.

1The Company has established good relationships with distributors by offering quality after-sale services, including promotion activities that meet their needs and frequent training workshops to help them use the products. ~~Consolidated~~Also, ~~Financial~~as ~~Results~~part of the efforts to fulfill its corporate social responsibility, the Company launched a charitable product series that is tied up with the pink ribbon campaign aiming to raise awareness of breast cancer, receiving good reputation from customers. Through active and ~~Forecast~~steady approaches to customers, we have increased recognition of the Makita brand.

	Yen (millions)
	For the six months endedSeptember 30, 2010				For the six months endedSeptember 30, 2011				For the six months endedSeptember 30, 2012
			(%)				(%)				(%)
Net sales		133,807		12.7		153,036		14.4		151,232		(1.2	)
Domestic		22,182		6.5		25,263		13.9		27,189		7.6
Overseas		111,625		14.1		127,773		14.5		124,043		(2.9	)
Operating income		21,843		46.9		26,953		23.4		24,030		(10.8	)
Income before income taxes		21,751		25.9		24,514		12.7		22,693		(7.4	)
Net income attributable to Makita Corporation		15,122		42.4		17,104		13.1		15,874		(7.2	)
Earning per share (Basic)
Net income attributable to Makita Corporation
common shareholders (Yen)		109.77				124.16				116.94
Cash dividend per share (Yen)		15.00				15.00				15.00
Dividend payout ratio (%)		13.7				12.1				12.8
Number of Employees		11,368				12,177				12,793

¢Aiming to create a firm structure that will not be affected by economic trends

	Yen (millions)
	For the year endedMarch 31, 2012				For the year endingMarch 31, 2013(Forecast)
			(%)				(%)
Net sales		295,711		8.5		288,000		(2.6)
Domestic		53,175		15.4		54,300		2.1
Overseas		242,536		7.0		233,700		(3.6)
Operating income		48,516		15.8		41,500		(14.5)
Income before income taxes		46,963		9.9		40,200		(14.4)
Net income attributable to Makita Corporation		32,497		8.7		27,400		(15.7)
Earning per share (Basic)
Net income attributable to Makita Corporation common shareholders (Yen)		236.78				201.84
Cash dividend per share (Yen)		72.00				—
Dividend payout ratio (%)		30.4				—
Number of Employees		12,563				—

Makita Australia will celebrate its 40th anniversary next year. Placing power tools at the core of its business strategy, the Company will continue to further expand sales of power tools and other advanced tools. At the same time, since gardening is popular in Australia, we will also make active efforts to increase sales of gardening devices including, mainly, engine-loaded products. With these approaches, we aim to build a robust organization that will not be easily affected by economic trends.

~~Notes:~~4 English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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1. Consolidated ~~The~~Financial Highlights 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 “Qualitative Information on Consolidated Financial Performance Forecast” on page 4.


	Yen (millions)
	For the six months ended September 30, 2010		For the six months ended September 30, 2011		For the six months ended September 30, 2012		Rate of change (%)		For the year ended March 31, 2012

Net Sales		133,807		153,036		151,232		(1.2)		295,711

Operating Income		21,843		26,953		24,030		(10.8)		48,516

Ratio of Operating Income to Net Sales (%)		16.3%		17.6%		15.9%		—		16.4%

Income before Income Taxes		21,751		24,514		22,693		(7.4)		46,963

Net Income Attributable to Makita Corporation		15,122		17,104		15,874		(7.2)		32,497

Ratio of Net Income Attributable to Makita Corporation to Net Sales (%)		11.3%		11.2%		10.5%		—		11.0%

	As of September 30, 2010		As of September 30, 2011		As of September 30, 2012		Rate of change (%)		As of March 31, 2012

Total Makita Corporation Shareholders’ Equity		290,719		298,684		314,693		5.4		321,253

Total Assets		348,411		359,691		369,241		2.7		383,256

Ratio of Total Makita Corporation Shareholders’ Equity to Total Assets (%)		83.4%		83.0%		85.2%		—		83.8%

	For the six months ended September 30, 2010		For the six months ended September 30, 2011		For the six months ended September 30, 2012		Rate of change (%)		For the year ended March 31, 2012

Capital Expenditures		4,855		5,820		4,055		(30.3)		13,481

Depreciation and Amortization		3,636		3,474		3,549		2.2		7,237

Research and Development Cost		3,549		3,978		4,039		1.5		7,603

Number of Employees		11,368		12,177		12,793		5.1		12,563

Average Number of Shares Outstanding		137,759,993		137,755,000		135,749,263		—		137,244,683

Earning Per Share (Basic) Net Income Attributable to Makita Corporation Common Shareholders (Yen)		109.8		124.2		116.9		(5.8)		236.8

Cash Dividends Per Share (Yen)		15.0		15.0		15.0		—		72.0

11Note: ~~English~~In ~~translation~~principle, amounts of ~~“KESSAN~~less ~~TANSHIN”~~than ~~originally~~1 million ~~issued~~yen inhave ~~Japanese~~been rounded.

2.5 ~~Consolidated~~English ~~Net~~Translation ~~Sales~~of by“CHUKAN-KI ~~Geographic Area~~JIGYOU NO GOHOUKOKU” originally issued in Japanese

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	Yen (millions)
	For the six monthsended September 30,2010				For the six monthsended September 30,2011					For the six monthsended September 30,2012
			(%)				(%)					(%)
Japan		22,182		6.5		25,263		13.9			27,189		7.6
Europe		57,028		10.4		64,604		13.3			61,688		(4.5	)
North America		18,472		3.8		19,822		7.3			19,400		(2.1	)
Asia		11,388		32.1		14,136		24.1			14,246		0.8
Other regions		24,737		25.0		29,211		18.1			28,709		(1.7	)
Central and South America		9,622		30.1		12,618		31.1			11,005		(12.8	)
Oceania		7,888		20.7		9,586		21.5			9,225		(3.8	)
The Middle East and Africa		7,227		23.4		7,007		(3.0	)		8,479		21.0
Total		133,807		12.7		153,036		14.4			151,232		(1.2	)

Consolidated Net Sales by Region

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 10. The table above shows the changes in the percentage ratio of net sales compared to the corresponding period of the previous year.


	Yen (billions)
	For the six months ended
	September 30, 2010		March 31, 2011		September 30, 2011		March 31, 2012		September 30, 2012

Japan		22.2		23.9		25.3		27.9		27.2

Europe		57.0		58.9		64.6		58.6		61.7

North America		18.5		18.6		19.8		17.7		19.4

Asia		11.4		11.7		14.1		11.9		14.2

Other Regions		24.7		25.7		29.2		26.6		28.7


Total		133.8		138.8		153.0		142.7		151.2



Note: The table above sets forth Makita’s consolidated net sales by region based on customer location for the periods presented.

Profit Ratio
	%
	For the six months ended
	September 30, 2010		March 31, 2011		September 30, 2011		March 31, 2012		September 30, 2012

Ratio of Operating Income to Net Sales		16.3		14.5		17.6		15.1		15.9

Ratio of Net Income Attributable to Makita Corporation to Net Sales		11.3		10.6		11.2		10.8		10.5



Production by Region
	Million units
	For the six months ended
	September 30, 2010		March 31, 2011		September 30, 2011		March 31, 2012		September 30, 2012

Japan		1.60		1.76		1.79		1.50		1.37

Europe		1.22		1.83		2.07		1.94		1.61

North America		0.56		0.64		0.70		0.63		0.64

Asia		6.77		8.18		9.32		8.10		8.20

Central and South America		0.29		0.32		0.38		0.57		0.50


Total		10.44		12.73		14.26		12.74		12.32

3.6 ~~Exchange~~English ~~Rates~~Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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	Yen
	For the sixmonths endedSeptember 30,2010	For the six months ended September 30, 2011	For the six months ended September 30, 2012	For the sixmonths endingMarch 31,2013(Forecast)	For the yearendingMarch 31,2013(Forecast)
Yen/U.S. Dollar	88.89	79.74	79.41	77	78
Yen/Euro	113.80	113.72	100.54	98	99

Total Makita Corporation Shareholders’ Equity per Share

4. Production Ratio (unit basis)

Yen

As of

September 30,
2010

March 31,
2011

September 30,
2011

March 31,
2012

September 30,
2012

Total Makita Corporation Shareholders’ Equity per Share

2,110

2,230

2,168

2,367

2,318

	For the sixmonths endedSeptember 30,2010	For the six months ended September 30, 2011	For the sixmonths ended September 30, 2012
	Composition ratio	Composition ratio	Composition ratio
Domestic	15.3%	12.6%	11.1%
Overseas	84.7%	87.4%	88.9%

Earning Per Share (Basic) Net Income Attributable to

5.Makita ~~Consolidated~~Corporation ~~Capital~~Common ~~Expenditures,~~Shareholders ~~Depreciation and Amortization, and R&D cost~~

	Yen (millions)
	Yen
	For the sixmonths endedSeptember 30,2010		For the six months ended September 30, 2011	For the six months ended September 30, 2012		For the yearendingMarch 31, 2013(Forecast)
	For the yearended March 31,2009			For the yearended March 31,2010			For the yearended March 31,2011		For the yearended March 31,2012		For the yearending March 31,2013
Capital expenditures	4,855		5,820	4,055		13,000
Earning Per Share (Basic) Net Income Attributable to Makita Corporation Common Shareholders for the Interim Period		175.6			77.1			109.8		124.2		116.9
Depreciation and amortization	3,636		3,474	3,549		7,500
Earning Per Share (Basic) Net Income Attributable to Makita Corporation Common Shareholders for the Year		236.9			161.6			217.1		236.8		—
R&D cost	3,549		3,978	4,039		8,500
Cash Dividend per Share
	Yen
	For the yearended March 31,2009			For the yearended March 31,2010			For the yearended March 31,2011		For the yearended March 31,2012		For the yearending March 31,2013
Cash Dividend per Share for the Interim Period		30			15			15		15		15
Cash Dividend per Share for the Year		80			52			66		72		Undecided

127 English ~~translation~~Translation of “~~KESSAN~~CHUKAN-KI ~~TANSHIN~~JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Condensed Consolidated Balance Sheets



	Yen (millions)

	As of March 31, 2012		As of September 30, 2012		Increase (Decrease)

ASSETS

CURRENT ASSETS:

Cash and Cash Equivalents		44,812		52,466		7,654

Time Deposits		13,504		6,382		(7,122)

Short-term investments		25,125		28,326		3,201

Notes Receivable in Trade		1,769		1,555		(214)

Accounts Receivable in Trade		48,445		48,161		(284)

Less-Allowance for Doubtful Receivables		(753)		(710)		43

Inventories		129,571		117,611		(11,960)

Deferred Income Taxes		5,898		5,766		(132)

Prepaid Expenses and Other Current Assets		8,392		8,304		(88)



Total Current Assets		276,763		267,861		(8,902)


PROPERTY, PLANT AND EQUIPMENT:

Land		20,498		19,881		(617)

Buildings and Improvements		73,332		74,360		1,028

Machinery and Equipment		75,460		73,930		(1,530)

Construction in Progress		6,594		4,495		(2,099)

Less-Accumulated Depreciation		(98,146)		(97,999)		147



Total Net Property, Plant and Equipment		77,738		74,667		(3,071)

INVESTMENTS AND OTHER ASSETS:

Investments		19,154		15,871		(3,283)

Deferred Income Taxes		853		1,175		322

Other Assets		8,748		9,667		919



Total Investments and Other Assets		28,755		26,713		(2,042)


TOTAL ASSETS		383,256		369,241		(14,015)

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Condensed Consolidated Balance Sheets


	Yen (millions)
	As of March 31, 2012		As of September 30, 2012		Increase (Decrease)

LIABILITIES

CURRENT LIABILITIES:

Short-term Borrowings		2,351		1,801		(550)

Trade Notes and Accounts Payable		21,822		17,942		(3,880)

Accrued Payroll		7,803		7,643		(160)

Accrued Expenses and Others		16,324		15,669		(655)

Income Taxes Payable		5,293		3,643		(1,650)

Deferred Income Taxes		125		90		(35)


Total Current Liabilities		53,718		46,788		(6,930)


LONG-TERM LIABILITIES:

Long-term Indebtedness		12		11		(1)

Accrued Retirement and Termination Benefits		3,027		2,854		(173)

Deferred Income Taxes		130		108		(22)

Other Liabilities		2,591		2,554		(37)

Total Long-term Liabilities		5,760		5,527		(233)

Total Liabilities		59,478		52,315		(7,163)

EQUITY

MAKITA CORPORATION SHAREHOLDERS’ EQUITY:

Common Stock		23,805		23,805		—

Additional Paid-in Capital		45,421		45,421		—

Legal Reserve and Retained Earnings		322,606		330,742		8,136

Accumulated Other Comprehensive Income (Loss)		(59,066)		(73,755)		(14,689)

Treasury Stock, at cost		(11,513)		(11,520)		(7)


Total Makita Corporation Shareholders’ Equity		321,253		314,693		(6,560)


NONCONTROLING INTEREST		2,525		2,233		(292)


Total Equity		323,778		316,926		(6,852)


TOTAL LIABILITIES AND EQUITY		383,256		369,241		(14,015)

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Consolidated Statements of Income


	Yen (millions)
	For the six months ended September 30, 2011		For the six months ended September 30, 2012		Increase (Decrease)
					(Amount)		(%)

NET SALES		153,036		151,232		(1,804)		(1.2)

Cost of Sales		92,701		94,136		1,435		1.5


GROSS PROFIT		60,335		57,096		(3,239)		(5.4)

Selling, General, Administrative and others, Net		33,382		33,066		(316)		(0.9)


OPERATING INCOME		26,953		24,030		(2,923)		(10.8)


OTHER INCOME (EXPENSES):

Interest and Dividend Income		723		770		47		6.5

Interest Expense		(95)		(115)		(20)		—

Exchange Gains (Losses) on Foreign Currency Transactions, net		(2,465)		(1,708)		757		—

Realized Gains (Losses) on Securities, net		(602)		(284)		318		—

Total		(2,439)		(1,337)		1,102		—


INCOME BEFORE INCOME TAXES		24,514		22,693		(1,821)		(7.4)


PROVISION FOR INCOME TAXES

Current		7,459		6,808		(651)		(8.7)

Deferred		(189)		(7)		182		—


Total		7,270		6,801		(469)		(6.5)


NET INCOME		17,244		15,892		(1,352)		(7.8)

Less: Net Income Attributable to the Noncontrolling Interest		140		18		(122)		(87.1)


NET INCOME ATTRIBUTABLE TO MAKITA CORPORATION		17,104		15,874		(1,230)		(7.2)

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Condensed Consolidated Statements of Cash Flows


	Yen (millions)
	For the six months ended September 30, 2011		For the six months ended September 30, 2012
Net Cash Provided by (Used in) Operating Activities		(1,692)		15,186

Net Cash Provided by (Used in) Investing Activities		4,473		751

Net Cash Provided by (Used in) Financing Activities		(5,131)		(8,103)

Effect of Exchange Rate Changes on Cash and Cash Equivalents		(839)		(180)

Net Change in Cash and Cash Equivalents		(3,189)		7,654
Cash and Cash Equivalents, Beginning of Period		51,833		44,812

Cash and Cash Equivalents, End of Period		48,644		52,466

Condensed Operating Segment Information

For the six months ended September 30, 2011


	Yen (millions)
	Japan		Europe		North America		Asia		Other		Total		Elimi- nations		Consoli- dated

Sales:

(1) External Customers		35,001		64,618		20,129		6,942		26,346		153,036		—		153,036

(2) Inter-Segment		28,291		1,620		1,842		59,093		279		91,125		(91,125)		—


Total		63,292		66,238		21,971		66,035		26,625		244,161		(91,125)		153,036


Operating Expenses		54,594		58,199		20,595		59,678		22,256		215,322		(89,239)		126,083

Operating Income		8,698		8,039		1,376		6,357		4,369		28,839		(1,886)		26,953



For the six months ended September 30, 2012
	Yen (millions)
	Japan		Europe		North America		Asia		Other		Total		Elimi- nations		Consoli- dated

Sales:

(1) External Customers		37,497		62,489		19,437		6,387		25,422		151,232		—		151,232

(2) Inter-Segment		21,740		1,856		1,184		53,688		22		78,490		(78,490)		—


Total		59,237		64,345		20,621		60,075		25,444		229,722		(78,490)		151,232


Operating Expenses		52,914		57,584		19,561		53,289		22,182		205,530		(78,328)		127,202

Operating Income		6,323		6,761		1,060		6,786		3,262		24,192		(162)		24,030

Note: Segment information is determined by the location of the Company and its consolidated subsidiaries.

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Condition of Shareholders and Shares

(As of September 30, 2012)


Total Number of Shares Authorized		496,000,000 shares

Total Number of Shares Outstanding		140,008,760 shares (including 4,261,015 shares of treasury stock)

Number of Shareholders		14,568 (234 increase compared with as of March 31, 2012)

10 Largest Shareholders


	Number of Shares Held (thousand)
Name of Shareholder			%

The Master Trust Bank of Japan, Ltd. (Trust account)		9,306		6.65

Japan Trustee Services Bank, Ltd. (Trust account)		7,748		5.53

The Bank of Tokyo-Mitsubishi UFJ, Ltd.		4,213		3.01

Maruwa, Ltd.		4,069		2.91

Makita Cooperation Companies’ Investment Association		4,066		2.90

Nippon Life Insurance Company		4,013		2.87

Sumitomo Mitsui Banking Corporation		2,900		2.07

National Mutual Insurance Federation of Agricultural Cooperatives		2,469		1.76

Masahiko Goto		1,987		1.42

Japan Trustee Services Bank, Ltd. (Trust account 9)		1,951		1.39


Total		42,722		30.51


Note:	1.	Shares holding ratios above are calculated based on the total number of issued shares (including treasury stock) as of September 30, 2012.
	2.	In addition to the above, the Company owns 4,261 thousand shares of treasury stock.

Distribution of Share-ownership


Class of Shareholder	Number of Shares Held (thousand)
Class of Shareholder			%

Financial Institutions and Securities Firms		53,293		38.1

Japanese Individuals and Other		23,722		17.0

Foreign Investors		41,494		29.6

Other Japanese Business Corporations		17,239		12.3

Treasury Stock		4,261		3.0


Total		140,009		100.0


Class of Shareholder	Number of Shareholders
Class of Shareholder			%

Financial Institutions and Securities Firms		109		0.7

Japanese Individuals and Other		13,692		94.0

Foreign Investors		409		2.8

Other Japanese Business Corporations		357		2.5

Treasury Stock		1		0.0


Total		14,568		100.0

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Price per Share and Volume of Shares Traded on The Tokyo Stock Exchange


	2012
	April		May		June		July		August		September

High (yen)		3,460		3,090		2,930		2,834		3,030		3,080

Low (yen)		3,030		2,595		2,468		2,470		2,542		2,624

Volume (thousand shares)		12,329		21,166		16,688		15,966		16,303		17,046

Basic policy regarding profit distribution and to repurchases of its outstanding shares

Makita’s basic policy on the distribution of profits is to maintain a 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 net income attributable to Makita Corporation after certain adjustments. With respect to repurchases of its outstanding shares, Makita aims to implement a flexible capital policy, augment the efficiency of its capital employment, and thereby boost shareholder profit. Also Makita continues to consider execution of own share repurchases in light of trends in stock prices.

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Corporate Data

(As of September 30, 2012)

Makita Corporation

3-11-8, Sumiyoshi-cho, Anjo, Aichi 446-8502, Japan

Phone: (0566) 98-1711

Website: http://www.makita.biz/


Date of founding		March 21, 1915

Date of incorporation		December 10, 1938

Paid-in Capital		24,206 million yen (non-consolidated)

Description of business		Production and sales of electric power tools, pneumatic tools, gardening equipment and household products

Number of consolidated subsidiaries		49 (Domestic 2, Overseas 47)

Plants		Two in Japan, eight outside of Japan (two in China, and one each in the United States, Brazil, the United Kingdom, Germany, Romania and Thailand)

Number of Employees		12,793 (consolidated)

		2,845 (non-consolidated)

Board of Directors


President and Representative Director	Masahiko Goto

Director, Managing Corporate Officers	Yasuhiko Kanzaki	(In Charge of International Sales and General Manager of International Sales Headquarters: Europe, the Middle East and Africa Region)

	Tadayoshi Torii	(In Charge of Production and General Manager of Production Headquarters)

	Shiro Hori	(In Charge of International Sales and General Manager of International Sales Headquarters: America, Asia, and Oceania Region)

Director, Corporate Officers	Tomoyasu Kato	(General Manager of Research and Development Headquarters)

	Tadashi Asanuma	(In Charge of Domestic Sales and General Manager of Domestic Sales Marketing Headquarters)

	Hisayoshi Niwa	(General Manager of Quality Headquarters)

	Shinichiro Tomita	(General Manager of Purchasing Headquarters)

	Tetsuhisa Kaneko	(General Manager of Production Headquarters (In Charge of China Plant))

	Yoji Aoki	(General Manager of Administration Headquarters)

Outside Director	Motohiko Yokoyama	(Representative Director of JTEKT Corporation)

Note:

The Company has designated Mr. Motohiko Yokoyama, a Director, as the “Independent Director(s)/Auditor(s)” as required by the regulations of the Tokyo Stock Exchange, Inc. and the Nagoya Stock Exchange, Inc. and made required notification therefore to these Stock Exchanges.

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Board of Statutory Auditors



Standing Statutory Auditors	Toshihito Yamazoe

	Haruhito Hisatsune	(Outside Auditor)

Statutory Auditors	Masafumi Nakamura	(Outside Auditor, Certified Accountant)

	Michiyuki Kondo	(Outside Auditor, Lawyer)

Corporate Officers (As of October 1, 2012)



Corporate Officers	Zenji Mashiko	(General Manager of Domestic Sales Marketing Headquarters: Tokyo Area)

	Toshio Hyuga	(General Manager of Domestic Sales Marketing Headquarters: Osaka Area)

	Tamiro Kishima	(Senior Managing Director of Dolmar G.m.b.H)

	Tim Donovan	(President of Makita Corporation of America and in charge of Brazil Plant)

	Paul Harris	(Managing Director of Makita Manufacturing Europe, Ltd. and in charge of Romania Plant)

Note:

The Company has designated Messrs. Haruhito Hisatsune, Masafumi Nakamura and Michiyuki Kondo, Statutory Auditors, as the “Independent Director(s)/Auditor(s)” as required by the regulations of the Tokyo Stock Exchange, Inc. and the Nagoya Stock Exchange, Inc. and made required notification therefor to these Stock Exchanges.

Independent Registered Public Accounting Firm

KPMG AZSA LLC

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

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Information on Shares

(As of September 30, 2012)


Fiscal period	The one (1) year period from April 1 of each year to March 31 of the following year

Ordinary general meeting of shareholders	June

Number of shares constituting one unit	100 shares

Record dates	1) Ordinary general meeting of shareholders and cash dividends for the second half March 31 of each year

	2) Cash dividends for the interim period September 30 of each year

Transfer agent of common stock	Sumitomo Mitsui Trust Bank, Limited 1-4-1, Marunouchi, Chiyoda-ku, Tokyo 100-8233, Japan

Its handling office	Sumitomo Mitsui Trust Bank, Limited Stock Transfer Agency Department 15-33, Sakae 3-chome, Naka-ku, Nagoya, Aichi 460-8685, Japan

Its liaison offices	Head office and nationwide branch offices of Sumitomo Mitsui Trust Bank, Limited

Means of public notice	Website: http://www.makita.co.jp/ir/index1.htm

Common stock listings	Domestic	Tokyo and Nagoya stock exchanges (stock code: 6586)
	Overseas	American Depositary Receipts: The Nasdaq Global Select Market (Symbol: MKTAY)

English Translation of “CHUKAN-KI JIGYOU NO GOHOUKOKU” originally issued in Japanese

The highest price, lowest price, and total volume of shares traded on The Tokyo Stock Exchange for the six months ended September 30, 2012 were as follows:

The highest price per share:

3,460 yen marked on April 3, 2012

The lowest price per share:

2,468 yen marked on June 4, 2012

Total volume of shares traded:

99,497 thousand shares

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