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KUBOTA, Jul-Sep (3Q) Net Income Increases by 5%
6326 KUBOTA CORPORATION 【IFRS】
Earnings ReportKUBOTA CORPORATION <6326> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on November 7th (14:00). The consolidated net income for the cumulative third quarter of the fiscal year ending December 2025 (January to September) decreased 28.3% from the same period last year to 141 billion yen. However, Progress toward the full-year plan of 142 billion yen was 100.0%, also surpassing the five-year average of 81.4%.
Based on the cumulative third-quarter performance announced by the company and the unchanged full-year plan, our calculation indicates that the consolidated net income for the October to December period (4Q) is expected to significant drop 99.9% from the same period last year to 0.03 billion yen.
In the most recent three-month period, from July to September (3Q), the consolidated net income grew 5.0% from the same period last year, reaching 49.4 billion yen. However, the operating profit margin remained almost flat, changing from 9.7% in the same period last year to 9.6%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Sep, 2023 | 2,258,231 | 258,857 | 268,372 | 182,366 | 154.0 | 78.4 | Nov 8, 2023 | IFRS |
| Jan - Sep, 2024 | 2,277,925 | 275,380 | 287,984 | 197,916 | 169.0 | 85.9 | Nov 8, 2024 | IFRS |
| Jan - Sep, 2025 | 2,204,282 | 214,690 | 227,823 | 141,962 | 124.1 | 96.5 | Nov 7, 2025 | IFRS |
| YoY | -3.2% | -22.0% | -20.9% | -28.3% | -26.6% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Dec, 2024 | 1,436,682 | 108,292 | 118,570 | 79,633 | 68.3 | 25 | Feb 13, 2025 | IFRS |
| Jul - Dec, 2025 Guidance | 1,425,067 | 76,972 | 84,549 | 49,521 | 43.6 | 25 | Aug 5, 2025 | IFRS |
| YoY | -0.8% | -28.9% | -28.7% | -37.8% | -36.2% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2023 | 3,020,711 | 328,829 | 342,289 | 238,455 | 201.7 | 48 | Feb 14, 2024 | IFRS |
| Dec, 2024 | 3,016,281 | 315,636 | 335,297 | 230,437 | 197.6 | 50 | Feb 13, 2025 | IFRS |
| Dec, 2025 Guidance | 2,880,000 | 220,000 | 236,000 | 142,000 | 124.9 | 50 | Aug 5, 2025 | IFRS |
| YoY | -4.5% | -30.3% | -29.6% | -38.4% | -36.8% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jul - Sep, 2024 | 698,326 | 68,036 | 71,257 | 47,112 | 40.2 | 9.7 | Nov 8, 2024 | IFRS |
| Oct - Dec, 2024 | 738,356 | 40,256 | 47,313 | 32,521 | 27.9 | 5.5 | Feb 13, 2025 | IFRS |
| Jan - Mar, 2025 | 712,556 | 61,615 | 63,119 | 41,346 | 36.0 | 8.6 | May 9, 2025 | IFRS |
| Apr - Jun, 2025 | 742,377 | 81,413 | 88,332 | 51,133 | 44.6 | 11.0 | Aug 5, 2025 | IFRS |
| Jul - Sep, 2025 | 749,349 | 71,662 | 76,372 | 49,483 | 43.3 | 9.6 | Nov 7, 2025 | IFRS |
| YoY | +7.3% | +5.3% | +7.2% | +5.0% | +7.5% |
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