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 November 2005
Commission File Number: 1-6784
Matsushita Electric Industrial Co., Ltd.
Kadoma, Osaka, Japan
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-
| 1. | News release issued on November 11, 2005, by Matsushita Electric Industrial Co., Ltd. (the “registrant”), announcing the repurchase of a portion of its own shares. |
| 2. | News release issued on November 30, 2005, by the registrant, announcing the closing of CRT operations in North America and Europe. |
SIGNATURE
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.
| Matsushita Electric Industrial Co., Ltd.
| ||
|
By: |
/s/ YUKITOSHI ONDA | |
| Yukitoshi Onda, Attorney-in-Fact President Panasonic Finance (America), Inc. | ||
Dated: December 8, 2005
| FOR IMMEDIATE RELEASE |
||
| Media Contacts: |
Investor Relations Contacts: | |
| Akira Kadota (Japan) |
Makoto Mihara (Japan) | |
| International PR |
Investor Relations | |
| (Tel: +81-3-3578-1237) |
(Tel: +81-6-6908-1121) | |
| Panasonic News Bureau (Japan) |
Akihiro Takei (U.S.) | |
| (Tel: +81-3-3542-6205) |
Panasonic Finance (America), Inc. | |
| (Tel: +1-212-698-1365) | ||
| Jim Reilly (U.S.) |
||
| (Tel: +1-201-392-6067) |
Hiroko Carvell (Europe) | |
| Panasonic Finance (Europe) plc | ||
| Brendon Gore (Europe) |
(Tel: +44-20-7562-4400) | |
| (Tel: +44-20-8899-2217) |
||
Matsushita Electric Executes Own Share Repurchase
Osaka, Japan, November 11, 2005 — Matsushita Electric Industrial Co., Ltd. (MEI [NYSE symbol: MC]), best known for its Panasonic brand, announced that it has repurchased a portion of its own shares from the market in conformity with provisions of Article 211-3, Paragraph 1, Item 2 of the Japanese Commercial Code.
Details of the share repurchase are as follows:
1. Class of shares: Common stock
2. Period of repurchase: Between October 31, 2005 and November 11, 2005
3. Aggregate number of shares repurchased: 1,383,000 shares
4. Aggregate repurchase amount: 2,998,045,000 yen
5. Method of repurchase: Shares were repurchased on the Tokyo Stock Exchange
(Reference 1)
| 1) | The following details were resolved at the Board of Directors meeting held on April 28, 2005: |
| • | Class of shares: Common stock |
| • | Aggregate number of repurchasable shares: Up to 120 million shares |
| • | Aggregate repurchase amount: Up to 150 billion yen |
| 2) | Cumulative total of shares repurchased since the April 28, 2005 Board of Directors resolution through today: |
| • | Aggregate number of shares repurchased: 47,277,000 shares |
| • | Aggregate repurchase amount: 82,995,221,000 yen |
(Reference 2)
The number of shares issued and treasury stock as of September 30, 2005:
| • | Total number of shares issued (excluding treasury stock): 2,216,778,068 shares |
| • | Treasury stock: 236,275,429 shares |
# # #
| FOR IMMEDIATE RELEASE |
||
| Media Contacts: |
Investor Relations Contacts: | |
| Akira Kadota (Japan) |
Makoto Mihara (Japan) | |
| International PR |
Investor Relations | |
| (Tel: +81-3-3578-1237) |
(Tel: +81-6-6908-1121) | |
| Panasonic News Bureau (Japan) |
Akihiro Takei (U.S.) | |
| (Tel: +81-3-3542-6205) |
Panasonic Finance (America), Inc. | |
| (Tel: +1-212-698-1365) | ||
| Jim Reilly (U.S.) |
||
| (Tel: +1-201-392-6067) |
Hiroko Carvell (Europe) | |
| Panasonic Finance (Europe) plc | ||
| Brendon Gore (Europe) |
(Tel: +44-20-7562-4400) | |
| (Tel: +44-20-8899-2217) |
||
Matsushita to Close CRT Operations in North America and Europe
Osaka, Japan, November 30, 2005 — Matsushita Electric Industrial Co., Ltd. (MEI [NYSE symbol: MC]), best known for its Panasonic brand, today announced plans to discontinue operations at MT Picture Display Germany GmbH (MTPDG) and MT Picture Display Corporation of America (Ohio) – MTPDA (OH) by the end of this fiscal year ending March 31, 2006, and to begin closing/liquidation procedures. MTPDG and MTPDA (OH) are subsidiaries of Matsushita Toshiba Picture Display Co., Ltd. (MTPD), a joint venture of MEI and Toshiba Corporation.
MTPDG, which manufactures cathode ray tubes (CRTs) for large screen TVs for the European market, and MTPDA (OH), which manufactures CRTs for TVs and projection TVs for the North American market, have both faced declines in demand for CRTs and intensified price competition, due to increasing sales of flat-panel TVs in their respective markets. The closing of these operations is a part of MTPD’s restructuring initiatives to shift business to Asian and Chinese markets.
MEI has not revised its consolidated, or non-consolidated financial forecasts (announced on April 28, 2005) for the year ending March 31, 2006.
- 2 -
[Reference]
MTPDG Company Overview (as of September 30, 2005)
| Company name |
MT Picture Display Germany GmbH | |
| Representative |
Eberhard Buettner, Managing Director | |
| Location of head office |
Fritz-Mueller str. 112, Esslingen, Germany | |
| Date of incorporation |
February 1, 1995 | |
| Principal business |
Manufacture and sales of CRTs for TVs | |
| Share capital |
Euro 1,020,000 | |
| Number of employees |
605 | |
MTPDA (OH) Company Overview (as of September 30, 2005)
| Company name |
MT Picture Display Corporation of America (Ohio) | |
| Representative |
Masayuki Yamanaka, President | |
| Location of head office |
1400 West Market Street, Troy, OH, U.S.A. | |
| Date of incorporation |
March 1, 1988 | |
| Principal business |
Manufacture and sales of CRTs for TVs | |
| Share capital |
U.S.$ 208,006,000 | |
| Number of employees |
727 | |
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