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 [February] 2006
MIRAE CORPORATION
(Translation of registrant’s name into English)
# 9-2, CHA AM-DONG, CHUN AN, CHUNG CHONG NAM-DO 330-200
REPUBLIC OF KOREA
(Address of principal executive office)
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 ( ü ) No Form 40-F ( )
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 ( ü )
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .
The registrant files with the Korea Securities Exchange the notice dated February 3, 2006. Attached is English language version of the notice.
The following table sets forth the summary of Sales or profit and loss change over 30% of the latest fiscal year of 2005 compare to the previous fiscal year of 2004.
1. Summary of sales or profit and loss change | The latest fiscal year | The previous fiscal year | Variation | Amount of variation | Ratio of (%) | |||||||
| -Sales (KRW) | 100,399,738,029 | 59,654,075,836 | - | 40,745,662,193 | 68.3 | |||||||
| -Operating income (KRW) | 1,837,356,791 | -7,207,725,024 | Conversion into Black | 9,045,081,815 | 125.5 | |||||||
| -Ordinary income (KRW) | 2,856,815,725 | -31,648,053,035 | Conversion into Black | 34,504,868,760 | 109.0 | |||||||
| -Net income (KRW) | 2,856,815,725 | -31,648,053,035 | Conversion into Black | 34,504,868,760 | 109.0 | |||||||
| 2. Financial status | The latest fiscal year | The previous fiscal year | ||||||||||
| -Total assets | 218,536,938,986 | 213,747,782,061 | ||||||||||
| -Total liabilities | 95,674,195,162 | 87,431,292.808 | ||||||||||
| -Capital stock | 18,387,350,000 | 17,918,600,000 | ||||||||||
| -Total shareholder’s equity | 122,862,743,824 | 126,316,489,253 | ||||||||||
| -Total shareholder’s equity/capital stock ratio (%) | 668.2 | 704.9 | ||||||||||
| 3. Major reason of sales or profit and loss change | - Increase of sales due to favorable business situation - Increase of non-operating income due to the disposition of assets and the disposal of equity investment | |||||||||||
| 4. Resolution date of board of directors | February 3, 2006 | |||||||||||
| - Attendance of outside directors | Present (No) | 3 | ||||||||||
| Absent (No) | - | |||||||||||
| - Attendance of auditors | Present | |||||||||||
| 5. Scheduled time of shareholders’ meeting | March 17, 2006 | |||||||||||
| 6. Others | -The above figures are not confirmed by independent accountants and can be changed in the course of audit. -Scheduled time of shareholders’ meeting should be able to change according to the internal circumstances of the company. | |||||||||||
 Date of relevant disclosure | - | |||||||||||
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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.
Date: February 3, 2006
| By | /s/ Gi-Hoon Joung | |
| Gi-Hoon Joung | ||
| Mirae Corporation | ||
| Director of Accounting Team and | ||
| Acting CFO |
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