SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
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, 2003
WACOAL CORP.
(Translation of Registrant's Name into English)
29, Nakajima-cho, Kisshoin, Minami-ku
Kyoto, Japan
(Address of principal executive offices)
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
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Indicate by check mark whether the registrant by furnishing the information
contained in this Form 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
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If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b): 82- NA
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WACOAL CORP.
Form 6-K
TABLE OF CONTENTS
Page
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Item 1. Interim Consolidated and Non-Consolidated Financial Information for
the First Half of the Fiscal Year Ending March 31, 2004 3
Signature 5
Exhibit Index 6
Exhibit 1 Interim Consolidated and Non-Consolidated Financial Information for
the First Half of the Fiscal Year Ending March 31, 2004 7
2
Item 1. INTERIM CONSOLIDATED AND NON-CONSOLIDATED FINANCIAL INFORMATION FOR
THE FIRST HALF OF THE FISCAL YEAR ENDING MARCH 31, 2004
On November 13, 2003, we released our consolidated and non-consolidated
financial information for the six-month period ended September 30, 2003.
Attached as Exhibit 1 hereto is an English translation of these financial
information.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
The attached financial statements and accompanying information contain
forward-looking statements that are based on our current expectations,
assumptions, estimates and projections about our company, our industry and other
relevant factors. Forward-looking statements are contained in the sections
entitled "2. Forecast of Consolidated Performance for the Fiscal Year Ending
March 31, 2004", "II. Management Policies", "III. Business Results and Financial
Condition", "2. Forecast of Business Results for the Year Ending March 31, 2004
(April 1, 2003 to March 31, 2004)" and elsewhere in the attached financial
information and accompanying information.
Known and unknown risks, uncertainties and other factors could cause our
actual results, performance or achievements to differ materially from those
expressed or implied by any forward-looking statement contained in the attached
financial information and accompanying information. Among the factors that you
should bear in mind as you consider any forward-looking statement are the
following:
o The impact of weak consumer spending in Japan and our other markets on
our sales and profitability;
o The impact on our business of anticipated continued weakness of
department stores and other general retailers in Japan;
o Our ability to successfully develop, manufacture and market products
in Japan and our other markets that meet the changing tastes and needs
of consumers;
o Our ability to reduce costs by consolidating our activities in Japan,
increasing our product sourcing and manufacturing in lower-cost
countries such as China and Vietnam, and other efforts to reduce
costs;
o Our ability to successfully expand our network of our own specialty
retail stores and achieve profitable operations at these stores;
o Our ability to further develop our catalog and Internet sales
capabilities;
o The highly competitive nature of our business and the strength of our
competitors;
o Effects of seasonality on our business and performance;
o Risks related to conducting our business internationally, including
political and economic instability, unexpected legal or regulatory
changes, trade protection
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measures and import or export licensing requirements, changes in tax
laws, fluctuations in currency exchange rates, difficulties managing
widespread operations, differing protection of intellectual property,
difficulties in collecting accounts receivable and public health
crises such as SARS;
o The impact of weakness in the Japanese equity markets on our holdings
of Japanese equity securities;
o Unexpected increases in our funding obligations with respect to our
employee benefit plans due to adverse conditions in the equity or debt
markets or other factors;
o Difficulties or delays in our product sourcing or manufacturing, which
may result from problems in our relationships with third party
contractors, difficulties in finding high-quality contractors
overseas, and other factors;
o Our ability to maintain adequate liquidity and capital resources;
o Laws and regulations affecting our domestic or foreign operations,
including tax obligations; and
o Acquisitions, divestitures, restructurings, product withdrawals or
other extraordinary events affecting our business.
The information contained in the section entitled "Item 3 - Key Information
- Risk Factors" of our Annual Report on Form 20-F for the fiscal year ended
March 31, 2003 also identifies factors that could cause our actual results,
performance or achievements to differ materially from those expressed or implied
in any forward-looking statement contained in the attached financial statements
and accompanying information. You should understand that it is not possible to
predict or identify all such factors. Consequently, you should not consider the
foregoing list or the information provided elsewhere in our annual report to be
a complete set of all such factors.
We undertake no obligation to update any forward-looking statements
contained in the attached financial statements and accompanying information,
whether as a result of new information, future events or otherwise.
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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.
WACOAL CORP.
(Registrant)
By: /s/ Nobuhiro Matsuda
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Nobuhiro Matsuda
Corporate Officer
Director of Finance, Corporate Planning
Date: November 21, 2003
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EXHIBIT INDEX
Page
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Exhibit 1 Interim Consolidated and Non-Consolidated Financial
Information for the First Half of the Fiscal Year Ending
March 31, 2004 7
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