Overview
Machinery

KUBOTA CORPORATION

Kubota Corporation is a global manufacturer and solutions provider operating across three core segments: Machinery (agricultural machinery, engines, and construction equipment), Water & Environment (pipe systems, industrial materials, and environmental plants), and Other services. In the Machinery segment, Kubota offers a comprehensive lineup including tractors, combines, rice transplanters, mini backhoes, and compact track loaders, serving markets across North America, Europe, Asia, and beyond. The Water & Environment segment provides ductile iron pipes, water/wastewater treatment systems, membrane filtration units, and waste processing plants, underpinning water infrastructure in Japan and globally.

Market Cap
¥2,947B
US$18.8B
EV
¥5,149B
US$32.8B
Stock¥2,616▲+0.04%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
10.3
x
LTM EV/EBIT
13.7
x
LTM PER
11.0
x
LTM PBR
1.1
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+3.0%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
2,947BUS$18.8BMarket Cap2,340BUS$14.9B+ Debt303BUS$1.93B− Cash79.9BUS$509M− Inv. Sec.245BUS$1.57B+ NCI5,149BUS$32.8BEV
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Performance & Balance
Revenue 5Y (¥B)
2,197US$14.0B'21/122,679US$17.1B'22/123,021US$19.3B'23/123,016US$19.2B'24/123,019US$19.3B'25/12
EBITDA 5Y (¥B)
318US$2.03B'21/12308US$1.97B'22/12436US$2.78B'23/12437US$2.78B'24/12399US$2.55B'25/12
Net Income 5Y (¥B)
176US$1.12B'21/12156US$996M'22/12238US$1.52B'23/12230US$1.47B'24/12187US$1.19B'25/12
Capital Structure
54%
46%
EquityD/E 0.84xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
259US$1.65B1,095US$6.98B'21/12226US$1.44B1,611US$10.3B'22/12222US$1.42B1,990US$12.7B'23/12295US$1.88B2,343US$14.9B'24/12277US$1.77B2,325US$14.8B'25/12
Shareholders
Top 10 hold 43.5%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
14.69%
2
Custody Bank of Japan, Ltd. (Trust Account)
6.25%
3
Nippon Life Insurance Company
5.55%
4
Meiji Yasuda Life Insurance Company
5.31%
5
STATE STREET BANKAND TRUST COMPANY505001 (Standing Proxy: Mizuho Bank, Ltd.)
2.76%
6
Sumitomo Mitsui Banking Corporation
1.90%
7
MOXLEY & CO LLC (Standing Proxy: Mizuho Bank, Ltd.)
1.90%
8
THE CHASE MANHATTAN BANK,N.A. LONDONSECS LENDING OMNIBUS ACCOUNT (Standing Proxy: Mizuho Bank, Ltd.)
1.78%
9
JP MORGAN CHASE BANK 385781 (Standing Proxy: Mizuho Bank, Ltd.)
1.73%
10
Mizuho Bank, Ltd.
1.66%
Management
16 officers
Yuichi KITAO
Representative Director, Chairman
Apr 1979: Joined Kubota Corporation Apr 2005: General Manager, Tractor Technology Department Apr 2009: Executive Officer; General Manager, Tractor Business Division Jan 2011: President, Kubota Tractor Corp. Apr 2013: Managing Executive Officer Oct 2013: General Manager, Agricultural Machinery Business Division; General Manager, Overseas Sales Division for Agricultural Machinery Jun 2014: Director, Managing Executive Officer Apr 2015: Director, Senior Managing Executive Officer; in charge of Machinery Domain Jan 2019: Representative Director, Executive Vice President; General Manager, Machinery Business Division Jun 2019: Director, Innovation Center Jan 2020: Representative Director, President Jan 2026: Representative Director, Chairman (current)
1956-07-15
Shingo HANADA
Representative Director, President, CEO
Apr 1989: Joined Kubota Corporation Apr 2015: General Manager, Tractor Business Promotion Department Jan 2017: General Manager, Large Tractor Business Promotion Department Jan 2018: Unit Head, General-Purpose Business Unit; General Manager, General-Purpose Business Promotion Department Jan 2019: Executive Officer; General Manager, Third Tractor Business Division Feb 2020: General Manager, Third Tractor Business Promotion Department Jan 2021: President, Kubota Holdings Europe B.V.; President, Kubanland AS Jan 2022: Managing Executive Officer; President, Kubota North America Corp.; President, Kubota Tractor Corp. Mar 2023: Director, Managing Executive Officer Jan 2024: Director, Senior Managing Executive Officer; General Manager, Machinery Division; Deputy General Manager, Corporate Planning Division; Deputy Director, Innovation Center Jan 2025: Representative Director, Executive Vice President; General Manager, Machinery Business Division; Director, Innovation Center Jan 2026: Representative Director, President, CEO (current)
1963-11-14
Nobushige ICHIKAWA
Director, Senior Managing Executive Officer, CTO; General Manager, R&D Division; Head of Technology Development Promotion Unit; Director, Global Technology Research Institute
Apr 1990: Joined Kubota Corporation Apr 2015: General Manager, Vehicle Fundamental Technology Department; Head, Vehicle Fundamental Research Office; Head, First Design Office, Tractor Technology Department Apr 2017: Head, Overseas Development Office Jan 2018: General Manager, European Agricultural Machinery Technology Department; Head, Second Office, European Agricultural Machinery Technology Department Jan 2019: Executive Officer; President, Kubota Europe S.A.S.; Vice President, Kubota Holdings Europe B.V. Jan 2022: General Manager, First Tractor Business Division Jan 2023: Deputy General Manager, Tractor Business Division Jan 2024: Managing Executive Officer; General Manager, Tractor Business Division; Deputy General Manager, R&D Division; Unit Head, Tractor Technology Integration Unit Jan 2025: Deputy Director, Innovation Center Jan 2026: Senior Managing Executive Officer, CTO (Chief Technology Officer) (current); General Manager, R&D Division (current); Unit Head, Technology Development Promotion Unit (current); Director, Global Technology Research Institute (current) Mar 2026: Director
1966-02-17
Takahisa HIGASHI
Director, Senior Managing Executive Officer, CMO; General Manager, Manufacturing Division; Head of Machinery Global Operations; Head of ASEAN Operations
Apr 1990: Joined Kubota Corporation Jan 2014: General Manager, Production Engineering Department, Sakai Plant Apr 2014: General Manager, Manufacturing Promotion Department Apr 2015: General Manager, Machine Manufacturing Department, Sakai Plant Jan 2019: Plant Manager, Sakai Plant; Director, Sakai Training Center Jan 2020: Executive Officer; President, Siam Kubota Corporation Co., Ltd.; President, Kubota Research and Development Asia Co., Ltd. Jan 2023: Executive Vice President, Kubota North America Corp. Jan 2024: Managing Executive Officer; Deputy General Manager, Production Engineering Division; Deputy General Manager, Machinery Division Jan 2025: Deputy General Manager, Machinery Business Division; General Manager, Manufacturing Division; Unit Head, Production Engineering Unit Jan 2026: Senior Managing Executive Officer, CMO (Chief Manufacturing Officer) (current); General Manager, Manufacturing Division (current); Head of Machinery Global Operations (current); Head of ASEAN Operations (current) Mar 2026: Director
1968-01-04
Wataru KONDO
Director, Senior Managing Executive Officer; President, Water Environment Company; Head of Tokyo Head Office
Apr 1988: Joined Kubota Corporation Apr 2013: General Manager, Human Resources Department Jan 2021: Executive Officer; Deputy General Manager, Human Resources and General Affairs Division Jan 2022: General Manager, Water Environment Division; General Manager, Water Environment Compliance Promotion Department Jan 2024: General Manager, Water Environment Division Jan 2025: Managing Executive Officer; President, Water Environment Company (current); Head of Tokyo Head Office (current) Jan 2026: Senior Managing Executive Officer (current) Mar 2026: Director
1965-08-19
Yutaro SHINTAKU
Director
Apr 1979: Joined Toa Nenryo Kogyo K.K. (now ENEOS Corporation) Jan 1999: Joined Terumo Corporation Jun 2005: Executive Officer, Terumo Corporation Jun 2006: Director, Executive Officer, Terumo Corporation Jun 2007: Director, Senior Executive Officer; in charge of R&D Center, Intellectual Property Division and Legal Office, Terumo Corporation Jun 2009: Director, Managing Executive Officer; Head of Corporate Planning Office; in charge of Human Resources and Accounting Departments, Terumo Corporation Jun 2010: Representative Director, President, Terumo Corporation Apr 2017: Director, Advisor, Terumo Corporation Jun 2017: Director, Santen Pharmaceutical Co., Ltd.; Director, J-Oil Mills, Inc. Mar 2018: Director, Kubota Corporation (current) Apr 2018: Visiting Professor, Graduate School of International Corporate Strategy, Hitotsubashi University Apr 2019: Specially Appointed Professor, Graduate School of International Corporate Strategy, Hitotsubashi University (current) Sep 2019: Director, Kozo Keikaku Engineering Inc. Jul 2024: Director, Kozo Keikaku Engineering Holdings Inc. (current)
1955-09-19
Kumi ARAKANE
Director
Apr 1981: Joined Kobayashi Kose Co., Ltd. (now Kose Corporation) Mar 2002: Chief Research Scientist, Development Research Institute, Research Division, Kose Corporation Mar 2004: General Manager, Product Development Department, Marketing Division, Kose Corporation Mar 2006: Executive Officer; Deputy General Manager, Marketing Division, Kose Corporation Mar 2010: General Manager, Research Institute, Kose Corporation Mar 2011: General Manager, Quality Assurance Department; General Marketing and Sales Manager, Kose Corporation Jun 2011: Director, in charge of Quality Assurance, Customer Service, Purchasing and Product Design Departments, Kose Corporation Jun 2017: Full-time Corporate Auditor, Kose Corporation Mar 2019: Corporate Auditor, Kubota Corporation Mar 2020: Director, Kagome Co., Ltd. (current) Jun 2020: Director, Toda Corporation (current) Mar 2021: Director, Kubota Corporation (current)
1956-07-04
Koichi KAWANA
Director
Apr 1982: Joined JGC Corporation (now JGC Holdings Corporation) Jul 1997: Director, Abu Dhabi Office and Kuwait Office, JGC Corporation Jul 2001: Director, London Office, JGC Corporation May 2004: General Manager, Project Business Investment Promotion Department, JGC Corporation Jul 2007: Executive Officer; Acting Head of New Business Promotion Division, JGC Corporation Aug 2007: Head of New Business Promotion Division, JGC Corporation Jul 2009: Managing Director; Head of Sales Division, JGC Corporation Jun 2010: Representative Director, Executive Vice President, JGC Corporation Jul 2011: Representative Director, President and Chief Operating Officer (COO), JGC Corporation Jun 2012: Representative Director, President, JGC Corporation Jun 2017: Vice Chairman, Director, JGC Corporation Jun 2019: Director, Tokyo Electron Device Limited; Director, Bandai Namco Holdings Inc.; Director (Audit and Supervisory Committee Member), Comsys Holdings Corporation Jun 2020: Director, Renova Inc. Dec 2020: Director, ispace, Inc. (current) Mar 2023: Director, Kubota Corporation (current) Jun 2023: Chairman, Director (non-executive, non-full-time), Renova Inc. (current)
1958-04-23
Yuri FURUSAWA
Director
Apr 1986: Joined Ministry of Transport (now Ministry of Land, Infrastructure, Transport and Tourism) Dec 2000: Administrator, Organisation for Economic Co-operation and Development (OECD) Jul 2004: Deputy Director, International Planning Office, Policy Bureau, Ministry of Land, Infrastructure, Transport and Tourism Jul 2006: Director for International Affairs and Crisis Management, General Affairs Department, Japan Coast Guard Jul 2008: Councillor, Cabinet Secretariat (Assistant to Deputy Chief Cabinet Secretary) Aug 2011: Deputy General Manager, International Business Division, Shiseido Co., Ltd. Jul 2014: Senior Counselor for International Affairs, Minister's Secretariat, Ministry of Land, Infrastructure, Transport and Tourism Sep 2015: Deputy Commissioner, Japan Tourism Agency Jun 2016: Senior Councillor, Cabinet Personnel Bureau, Cabinet Secretariat Jul 2019: Officer on Special Duty, Minister's Secretariat, Ministry of Land, Infrastructure, Transport and Tourism Mar 2021: Corporate Auditor, Kubota Corporation Jun 2022: Corporate Auditor, Subaru Corporation (current) Mar 2025: Director, Kubota Corporation (current)
1963-07-22
Yoshinori YAMASHITA
Director
Mar 1980: Joined Ricoh Company, Ltd. Feb 1995: General Manager, Administration Department, Ricoh UK Products Ltd. Apr 2008: President, Ricoh Electronics, Inc. Apr 2010: Group Executive Officer, Ricoh Company, Ltd. Apr 2011: Managing Executive Officer; General Manager, Corporate Strategy Office, Ricoh Company, Ltd. Jun 2012: Director, Senior Managing Executive Officer, Ricoh Company, Ltd. Jun 2016: Director, Executive Vice President, Ricoh Company, Ltd. Apr 2017: Representative Director, President and CEO, Ricoh Company, Ltd. Apr 2021: Vice Chair, Japan Association of Corporate Executives Oct 2021: Co-Chair, Japan Climate Leaders' Partnership (JCLP) Apr 2023: Representative Director, Chairman, Ricoh Company, Ltd. Jun 2024: Director, Nomura Real Estate Holdings, Inc. (current); Director, Asahi Kasei Corporation (current) Mar 2025: Director, Kubota Corporation (current) Apr 2025: Director, Chairman, Ricoh Company, Ltd. (current) Jul 2025: Representative Director, Japan Climate Leaders' Partnership (JCLP) (current)
1957-08-22
Masashi TSUNEMATSU
Full-time Corporate Auditor
Apr 1986: Joined Kubota Corporation Jun 2010: General Manager, Water Treatment System Planning Department Jan 2018: General Manager, Environmental Business Promotion Department Feb 2019: General Manager, Water Environment Division Mar 2022: Corporate Auditor (current)
1964-03-10
Kazushi ITO
Full-time Corporate Auditor
Apr 1987: Joined Daiwa Securities Co., Ltd. Apr 2002: Joined UFJ Capital Markets Securities Co., Ltd. (now Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.) Mar 2007: Joined Tokyo Branch, Depfa Bank plc (bank) Oct 2010: Joined Kubota Corporation Apr 2015: General Manager, Corporate Planning Department Jan 2018: Executive Officer; Deputy General Manager, Corporate Planning Division; General Manager, Global Management Promotion Department; General Manager, Corporate Planning Department Jan 2020: General Manager, Corporate Management Department Mar 2024: Corporate Auditor (current)
1963-09-22
Hideki MORI
Full-time Corporate Auditor
Apr 1989: Joined Kubota Corporation Oct 2010: General Manager, Kubota Engine (Shanghai) Co., Ltd. Oct 2013: General Manager, First Engine Global Marketing Department, Kubota Corporation Oct 2016: President, Kubota Engine America Corporation Jan 2020: Executive Officer; General Manager, Customer Solutions Division; General Manager, Customer Solutions Business Promotion Department Jan 2021: General Manager, Customer Solutions Business Division Jan 2024: General Manager, Implement Business Division Jan 2026: Deputy General Manager, Agricultural Machinery Business Division Mar 2026: Corporate Auditor
1965-06-30
Yuichi YAMADA
Part-time Corporate Auditor
Oct 1984: Joined Asahi & Co. (now Ernst & Young ShinNihon LLC) Mar 1988: Registered Certified Public Accountant (current) Aug 2003: Representative Partner, Asahi & Co. (now Ernst & Young ShinNihon LLC) Jun 2008: Executive Director, Azsa & Co. (now Ernst & Young ShinNihon LLC) Sep 2011: Deputy Director, Tokyo Office, Ernst & Young ShinNihon LLC Jul 2015: Chairman, Tokyo Partners' Council, Ernst & Young ShinNihon LLC Jun 2016: Corporate Auditor, Japan Finance Corporation Jul 2016: Director, Yuichi Yamada Certified Public Accountant Office (current) Jun 2017: Corporate Auditor, Sumitomo Metal Mining Co., Ltd. Mar 2020: Corporate Auditor, Kubota Corporation (current)
1954-03-25
Keijiro KIMURA
Part-time Corporate Auditor
Apr 1987: Registered as Attorney-at-law (current); joined Showa Law Office Jan 1994: Registered with the New York State Bar Association (current) May 1998: Founded Kyoei Law Office Jun 2000: Corporate Auditor, Okada Aiyon Co., Ltd. Sep 2007: Corporate Auditor, Nagaoka Co., Ltd. Jun 2009: Corporate Auditor, Charle Co., Ltd. Jan 2011: Representative Partner, Kyoei Law Office (current) Mar 2015: Corporate Auditor, Nippon Electric Glass Co., Ltd. Mar 2022: Corporate Auditor, Kubota Corporation (current)
1961-04-14
Setsuko INO
Part-time Corporate Auditor
Apr 1988: Joined Suntory Ltd. Sep 1994: Joined PepsiCo, Inc. Jul 2003: Director, Head of Finance and Accounting, Sun Microsystems Japan K.K. Nov 2006: Representative Director, Chief Financial Officer, SAP Japan Co., Ltd. Mar 2012: CFO, Amazon Japan Retail Division Jun 2017: CFO, Ashurion Japan Jan 2024: Venture Partner, Eight Roses Ventures Japan (current) Jun 2024: Corporate Auditor, Yamato Holdings Co., Ltd. (current) Mar 2025: Corporate Auditor, Kubota Corporation (current)
1964-03-18
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—
Disclosures
No disclosures
Primary Source Filings
EDINET
2026-10-06
Large Shareholding Report
EDINET
2026-08-07
Semi-Annual Securities Report
Period: Jan 2026 – Dec 2026
TDnet
2026-08-04
Q2 Earnings Flash
FY ending Dec 2026
TDnet
2026-05-08
Q1 Earnings Flash
FY ending Dec 2026
EDINET
2026-03-30
Large Shareholding Report
EDINET
2026-03-16
Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2026-02-13
中期経営計画
EDINET
2026-01-09
Large Shareholding Report
EDINET
2026-01-08
Large Shareholding Report
TDnet
2025-11-07
Q3 Earnings Flash
FY ending Dec 2025
EDINET
2025-11-04
Large Shareholding Report
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-08-08
Semi-Annual Securities Report
Period: Jan 2025 – Dec 2025
EDINET
2025-08-07
Large Shareholding Report
EDINET
2025-08-06
Large Shareholding Report
EDINETAmended
2025-08-05
Change Report
EDINETAmended
2025-05-09
Amended Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINETAmended
2025-05-09
Amended Annual Securities Report
Period: Jan 2023 – Dec 2023
TDnet
2025-05-09
Q1 Earnings Flash
FY ending Dec 2025
EDINET
2025-03-21
Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-08-09
Semi-Annual Securities Report
Period: Jan 2024 – Dec 2024
EDINET
2024-05-15
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-03-22
Annual Securities Report
Period: Jan 2023 – Dec 2023
EDINET
2023-11-10
Quarterly Securities Report
Period: Jul 2023 – Sep 2023
EDINET
2023-08-09
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-15
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-03-24
Annual Securities Report
Period: Jan 2022 – Dec 2022
EDINET
2022-11-11
Quarterly Securities Report
EDINET
2022-08-09
Quarterly Securities Report
EDINETAmended
2022-05-13
Amended Annual Securities Report
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