FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of June 2004
COMMISSION FILE NUMBER: 1-7239
KOMATSU LTD.
Translation of registrants name into English
3-6 Akasaka 2-chome, Minato-ku, Tokyo, 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 ¨
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):
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 x
If Yes is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-
INFORMATION TO BE INCLUDED IN REPORT
1. | A company announcement made on June 16, 2004 |
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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.
KOMATSU LTD. | ||||
(Registrant) | ||||
Date: June 18, 2004 |
By: |
/s/ Kenji Kinoshita | ||
Kenji Kinoshita | ||||
Executive Officer |
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Komatsu Ltd. |
2-3-6 Akasaka, Minato-ku, |
Tokyo 107-8414, Japan |
Corporate Communications Dept. |
Tel: +81-(0)3-5561-2616 |
Date: June 16, 2004 |
URL: http://www.komatsu.com/ |
Dissolution and Liquidation of a Subsidiary
Komatsu Ltd. will hereby notify that it has decided to dissolve Komatsu Artec Ltd., its consolidated subsidiary.
Note
1. | Outline of Komatsu Artec Ltd. |
Date of Founding |
September 1, 1983 | |
Location |
5, Jikata, Yokaichi-machi, Komatsu-shi, Ishikawa, Japan | |
President |
Yasuo Suzuki | |
Capitalization |
¥90 million (As of March 31, 2004) | |
Main Business |
Installation, inspection, repair of metal working machinery | |
Number of Employees |
99 (As of May 31, 2004) | |
Ownership |
Komatsu 100% |
Recent Performances and Finances |
(in millions of yen) |
FY2002 ended March 31, 2002 |
FY2003 ended March 31, 2003 |
FY2004 ended March 31, 2004 | ||||
Net Sales |
4,656 | 4,264 | 4,815 | |||
Operating Profit |
250 | 349 | 443 | |||
Ordinary Profit |
317 | 358 | 434 | |||
Net Income |
179 | 210 | 255 | |||
Total Assets |
3,524 | 3,169 | 3,628 | |||
Shareholders Equity |
1,419 | 1,529 | 1,671 |
2. | Background of Dissolution |
To improve the efficiency of the group-wide business activities, Komatsu Ltd. has decided to dissolve Komatsu Artec Ltd., its wholly-owned subsidiary, which delivers overlapping services with the Company.
3. | Schedule |
Dissolution and liquidator of the aforesaid subsidiary will be resolved at its extra general meeting of shareholders on September 30, 2004.
Liquidation will be completed in March 2005.
4. | Effect on Komatsus Business Results |
Minor impact of the liquidation is expected on the Companys business results for the fiscal year ending March 31, 2005.
(end)