Kyocera 6-K 2011
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
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 2011
Commission File Number: 1-07952
6 Takeda Tobadono-cho, Fushimi-ku,
Kyoto 612-8501, Japan
Indicate by check mark whether the registrant files or will file annual reports under cover of 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 Registration S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Registration S-T Rule 101(b)(7): ¨
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, thereto duly authorized.
Date: October 27, 2011
Information furnished on this form:
October 27, 2011
1. Revision of Financial Forecast for the Fiscal Year Ending March 31, 2012
This is to advise you that the financial forecast for the fiscal year ending March 31, 2012 (fiscal 2012), which was published on April 27, 2011, is revised as set forth below, taking into consideration of the business environment including the recent performance of the Company, economic environment for the latter six months for fiscal 2012 and foreign currency exchange rates:
Both sales and profits for the first half fell below initial projections. From the third quarter (October 1 to December 31, 2011) onward, Kyocera expects difficult conditions will continue in Kyocera Groups business environment due to concerns over the impact of prolonged financial problems in Europe on the global economy and to a forecast of the continuing yens appreciations. Based on the performance for the first half and the economic and business environment forecast for the remaining six months ending March 31, 2012, the above mentioned revisions have been made to the consolidated financial forecasts for fiscal 2012.
Forecasts of earnings per share attributable to shareholders of Kyocera Corporation published on April 27, 2011 were changed from ¥610.30 to ¥610.46 on July 28, 2011 based on the diluted average number of shares outstanding during the three months ended June 30, 2011.
Revision of Amount of Dividends for the Fiscal Year ending March 31, 2012
This is to advise you that Kyocera Corporation (the Company) resolved at a meeting of its Board of Directors held on October 27, 2011 in respect of payment of interim dividends, as set forth below.
The Company also decided to revise the forecast of dividends for the fiscal year ending March 31, 2012 (fiscal 2012).
The Company determines the amount of its dividends based on its basic policy in profit allocation.
Based on the financial results for the six months ended September 30, 2011, which were published on October 27, 2011, and the forecast of the Companys performance for fiscal 2012 and in light of the Companys dividend policy, the forecast of the amount of dividends for such full fiscal year has been revised as set forth below.
The Company announced the revision of its financial forecast for fiscal 2012 on October 27, 2011.
Note 2: Forward-Looking Statements
Certain of the statements made in this document are forward-looking statements (within the meaning of Section 21E of the U.S. Securities and Exchange Act of 1934), which are based on our current assumptions and beliefs in light of the information currently available to us. These forward-looking statements involve known and unknown risks, uncertainties and other factors. Such risks, uncertainties and other factors include, but are not limited to the following lists:
Such risks, uncertainties and other factors may cause our actual results, performance, achievements or financial condition to be materially different from any future results, performance, achievements or financial condition expressed or implied by these forward-looking statements. We undertake no obligation to publicly update any forward-looking statements included in this document.