Kubota Group

POLICY

Our vision for the Kubota Group in 2030

An "Essentials Innovator for Supporting Life,"

Committed to a Prosperous Society and Cycle of Nature

Purpose of the Kubota Group ESG REPORT 2022

In order to achieve the aims of the GMB2030 long-term vision, we of the Kubota Group are pressing forward with our original ESG efforts-dubbed"K-ESGmanagement"-and we aim to be an "Essentials Innovator for Supporting Life," committed to a prosperous society and cycle of nature. In that way, we hope to resolve social and environmental issues through our business activities.

For FY2022, this report has been rebranded as the Kubota Group ESG REPORT, and the opening pages disclose information such as that relating to how materiality (material issues) is identified, as part of our efforts to further promote K-ESG management. Later on in the report, we provide details about the initiatives that form the basis of our ESG efforts. We strive to build relationships with all stakeholders to gain their empathy and participation, and we do this through an approach to information disclosure that is open and transparent.

Period covered by the KUBOTA REPORT 2022

From January 2021 to December 2021

In principle, the entire Kubota Group is covered.

Boundary of the

* Matters outside the above period are partially

* Some statements may refer to the non-consolidated

KUBOTA REPORT 2022

included.

Kubota.

  • For details of SDGs (Sustainable Development Goals), please see the United Nations Information Centre website. www.un.org/sustainabledevelopment/

Guidelines consulted

  • GRI Sustainability Reporting Standards, 2016, Global Reporting Initiative
    GRI content index can be found on p.173.
  • ISO 26000, guidance on social responsibility

A comparison chart for the guidelines above can be found on p.181.

  • Environmental Reporting Guidelines 2018, Ministry of the Environment

Environmental Report

The Environmental Report contains the results of environmental activities carried out by Kubota Corporation as well as 174 consolidated subsidiaries and 8 affiliated companies accounted for under the equity method (partial).

Financial Report

Kubota Corporation and its subsidiaries (hereinafter, the "Company") have adopted International Financial Reporting Standards (hereinafter, "IFRS") instead of accounting principles generally accepted in the United States of America (hereinafter, "U.S. GAAP") from the beginning of the fiscal year ended December 31, 2018. The figures for the fiscal year ended December 31, 2017 are also displayed in accordance with IFRS.

Kubota Corporation and 197 affiliates (183 subsidiaries and 14 equity method affiliates)

Social Report / Others

The Social Report covers social activities carried out by Kubota Corporation and some of its affiliates.

Main information disclosure tools

Details

A website that encompasses everything to do with the Kubota Group, including our long-term vision,

Kubota's corporate website

GMB2030, and Mid-term Business Plan 2025.

KUBOTA REPORT

An annual report that focuses on Kubota's approach, based on management strategies that take a

medium-to-long-term perspective, and its future outlook.

Kubota Group ESG REPORT

An annual report that provides particular detail on Kubota's ESG-related initiatives.

Corporate Governance Report

A report listing details of systems and policies based on Kubota's Corporate Governance Code.

Annual Securities Report

An annual report that provides particular detail on Kubota's finances.

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CONTENTS

CONTENTS［Kubota Group ESG REPORT 2022］

  • Editorial Note
  • The Founding Spirit of Kubota's Founder, Gonshiro Kubota
  • Corporate Principles
  • Top Message
  • GMB2030-OurLong-term Vision Looking 10 Years Ahead
  • Materiality and Promoting ESG Management

11 The Kubota Group's Path and Contribution to the SDGs

13 Financial & Non-financial Highlights

  1. Farm & Industrial Machinery
  2. Water & Environment
  3. Environmental Report

21 Environmental Management Basic Policy

26 Environmental Vision

31 Medium- and Long-Term Environmental Conservation Targets and Results

36 Environmental Management Promotion System

38 Mitigating and Adapting to Climate Change

50 Working towards a Recycling-based Society

54 Conserving Water Resources

57 Controlling Chemical Substances

60 Conserving Biodiversity

64 Expanding Environment-friendly Products and Services

72 Environmental Management

77 Environmental Communication

81 Environmental Data

91 Third-Party Assurance of Environmental Report

93 Social Report

95 Targets and Results Concerning Social Aspects

97 Relationships with Our Customers

107 Relationships with Business Partners

110 Relationships with Our Shareholders and Investors

112 Relationships with Employees

138 Involvement with Local Communities

149 Governance Report

151 Corporate Governance

169 Third-Party Comments

171 Corporate Information

173 GRI Content Index

181 ISO 26000 Comparison Table

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PROFILE

Founded in 1890

Ever since its founding, Kubota has been tackling global issues related to food, water, and the environment.

In 1890, Gonshiro Kubota, the founder of the Kubota Group, started his metal casting business at the age of 19. Inheriting the founder's beliefs to this day, 40,000 employees of the Kubota Group are promoting the company's businesses all over the world as part of their efforts to make the Kubota Group "Global Major Brand Kubota."

The Founding Spirit of Kubota's Founder, Gonshiro Kubota

For the prosperity of society, we need to put all our efforts into creation.

Our products should not only be technically excellent, but also useful for the good of society.

We should create products with all our heart and soul, and realize the commodity values of such products in correct definitions.

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PROFILE

Corporate Principles

Kubota Global Identity

Spirits

  • Work for the development of society by drawing on all of our capabilities and know-how to offer superior products and technologies.
  • Build today and open the way to tomorrow, with the aim of bringing prosperity to the company and happiness to employees.
  • Challenge the unknown with creativity and courage.

Brand

Statement

For Earth, For Life -

the Kubota Group promises to continue supporting the prosperous life of humans while protecting the environment of this beautiful earth.

Mission

Food, water, and the environment are indispensable for human beings. The Kubota Group continues to support the future of the earth and humanity by contributing products that help the abundant and stable production of food, help supply and restore reliable water, and help create a comfortable living environment through its superior products, technologies, and services.

The world has many problems in the areas of food, water, and the environment, which are indispensable for human beings.

Those problems are not separate themes, but linked closely to each other.

The population growth has a great influence on environmental changes, brings problems to water resources, and leads to the short supply of food.

The Kubota Group considers food, water, and the environment as a singular theme and contributes to solve problems in these areas.

KUBOTA GLOBAL LOOP = Relations among food, water, and the environment

Food, water, and the environment are not separate themes, but linked closely to each other.

Food

Water Environment

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Kubota Corporation published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 08:04:01 UTC.