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KUBOTA, Last Fiscal Year's Net Income Exceeds Expectations, 12% Increase in The Current Fiscal Year, Dividend Raised by 2 Yen
6326 KUBOTA CORPORATION 【IFRS】
Earnings ReportKUBOTA CORPORATION <6326> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 12th (14:00). The consolidated net income for the fiscal year ended December 2025 decreased by 19.0% from the previous period to 186 billion yen, although it exceeded the initial forecast of 142 billion yen. For the fiscal year ending December 2026, the consolidated net income is expected to grow by 12.5% to 210 billion yen.
At the same time, the company has decided to increase the dividend this fiscal year to 52 yen, an increase of 2 yen from the previous fiscal year.
In the most recent three-month period, from October to December (4Q), the consolidated net income increased 37.5% from the same period last year, reaching 44.7 billion yen. The operating profit margin improved from 5.5% in the same period last year to 6.2%.
Kabutan News
Actual Results
| 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 | 3,018,891 | 265,470 | 282,140 | 186,687 | 163.4 | 50 | Feb 12, 2026 | IFRS |
| YoY | +0.1% | -15.9% | -15.9% | -19.0% | -17.3% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2025 Guidance | 2,880,000 | 220,000 | 236,000 | 142,000 | 124.9 | 50 | Aug 5, 2025 | IFRS |
| Dec, 2025 Results | 3,018,891 | 265,470 | 282,140 | 186,687 | 163.4 | 50 | Feb 12, 2026 | IFRS |
| Revision Rate | +4.8% | +20.7% | +19.6% | +31.5% | +30.9% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Jan - Jun, 2025 | 1,454,933 | 143,028 | 151,451 | 92,479 | 80.6 | 25 | Aug 5, 2025 | IFRS |
| Jan - Jun, 2026 Guidance | 1,600,000 | 160,000 | 169,000 | 115,000 | 101.1 | 26 | Feb 12, 2026 | IFRS |
| YoY | +10.0% | +11.9% | +11.6% | +24.4% | +25.5% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Dec, 2024 | 3,016,281 | 315,636 | 335,297 | 230,437 | 197.6 | 50 | Feb 13, 2025 | IFRS |
| Dec, 2025 | 3,018,891 | 265,470 | 282,140 | 186,687 | 163.4 | 50 | Feb 12, 2026 | IFRS |
| Dec, 2026 Guidance | 3,150,000 | 300,000 | 317,000 | 210,000 | 184.7 | 52 | Feb 12, 2026 | IFRS |
| YoY | +4.3% | +13.0% | +12.4% | +12.5% | +13.0% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Oct - Dec, 2025 | 814,609 | 50,780 | 54,317 | 44,725 | 39.2 | 6.2 | Feb 12, 2026 | IFRS |
| YoY | +10.3% | +26.1% | +14.8% | +37.5% | +40.4% |
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