Kubota reports revenue and profit drops

Kubota Corporation posted its financial results for the nine months ended September 30, 2025, including revenue, profit, financial position, and forecasts for the year. The manufacturer reported a decline in financial performance, showing revenue decreased by 3.2% to ¥2,204,282 million from ¥2,277,925 million, while operating profit fell by 22.0% to ¥214,690 million, down from ¥275,380 million.

Revenue from Farm & Industrial Machinery was ¥1,927,181 million (87.4% of Kubota’s consolidated revenue), that’s down 4.5% from the previous period

North America contributed ¥872,548 million, down from ¥980,268 million in the previous year. The decrease, the company said, was caused by adverse reaction to inventory replenishment from the previous year, said the company. Tractor sales decreased due to a slowdown in the market, but residential saw a slight recovery. 

Equipment Market

The CE market remains stable in both infrastructure and housing sectors. In the tractor market, the residential segment is showing signs of recovery, and the agricultural segment remains robust, supported by stable earnings among livestock farmers. Sales have also benefited from the introduction of new models. However, it is necessary to closely monitor the overall market, as there is a possibility that rush demand has been triggered by the impact of tariffs.

Outlook

The company anticipates a decline in operational performance for the year ending December 31, 2025. Kubota said it expects forecasted revenue to decrease by 4.5% to ¥2,880,000 million. Operating profit is projected to decline by 30.3% to ¥220,000 million. Profit before income taxes is forecasted to drop by 29.6% to ¥236,000 million.