Kubota : Supplementary information for the year ended December 31, 2021 (0.4MB)

Supplementary information

for the year ended December 31, 2021

February 14, 2022

Exchange Rate

					Year ending	Year ended	Year ended
					Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
					(Forecast)	(Actual)	(Actual)
	/US$			1st half (Jan.-Jun.)	114	108	108
				4th quarter (Oct.-Dec.)	114	114	105
				2nd half (Jul.-Dec.)	114	112	105
			Full year average (Jan.-Dec.)	114	110	107
	/Euro			1st half (Jan.-Jun.)	128	130	119
				4th quarter (Oct.-Dec.)	128	130	125
				2nd half (Jul.-Dec.)	128	130	124
			Full year average (Jan.-Dec.)	128	130	122
	/US$			1st quarter end (Mar.)	114	111	109
				2nd quarter end (Jun.)	114	111	108
				3rd quarter end (Sept.)	114	112	106
				4th quarter end (Dec.)	114	115	104
	/Euro			1st quarter end (Mar.)	128	130	120
				2nd quarter end (Jun.)	128	132	121
				3rd quarter end (Sept.)	128	130	124
				4th quarter end (Dec.)	128	131	127

					Year ending	Year ended	Year ended
					Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
					(Forecast)	(Actual)	(Actual)
	/THB			1st half (Jan.-Jun.)	3.40	3.50	3.43
				4th quarter (Oct.-Dec.)	3.40	3.41	3.42
				2nd half (Jul.-Dec.)	3.40	3.38	3.41
			Full year average (Jan.-Dec.)	3.40	3.44	3.42
	/RMB			1st half (Jan.-Jun.)	17.60	16.66	15.39
				4th quarter (Oct.-Dec.)	17.60	17.78	15.81
				2nd half (Jul.-Dec.)	17.60	17.40	15.58
			Full year average (Jan.-Dec.)	17.60	17.03	15.48
	/THB			1st quarter end (Mar.)	3.40	3.54	3.34
				2nd quarter end (Jun.)	3.40	3.44	3.49
				3rd quarter end (Sept.)	3.40	3.30	3.34
				4th quarter end (Dec.)	3.40	3.43	3.44
	/RMB			1st quarter end (Mar.)	17.60	16.84	15.31
				2nd quarter end (Jun.)	17.60	17.11	15.23
				3rd quarter end (Sept.)	17.60	17.30	15.54
				4th quarter end (Dec.)	17.60	18.06	15.88

(Supplementary information for the year ended December 31, 2021)	©2022 Kubota Corporation All Rights Reserved.	2

Reference Data (Revenue in Machinery by product and region)

■ Revenue in Machinery by product and region for the year ended December 31, 2021

	(Unit: billions of yen)	Tractors	Combine harvesters	Engines	CE	Finance income*	Others	Machinery total**
	and rice transplanters
		FY2021	FY2020	FY2021	FY2020	FY2021	FY2020	FY2021	FY2020	FY2021	FY2020	FY2021	FY2020	FY2021	FY2020
		4Q	4Q	4Q	4Q	4Q	4Q	4Q	4Q	4Q	4Q	4Q	4Q	4Q	4Q
	Japan	57	50	43	42	20	19	40	37	3	3	148	142	311	293
	North America	361	296	0	0	60	43	215	151	60	53	115	93	810	635
	Europe	64	50	0	0	46	32	97	71	0	0	76	63	283	215
	Asia	146	112	95	81	41	33	22	20	26	22	57	45	387	314
	Others	37	25	1	1	4	3	17	10	1	1	14	11	74	52
	Total**	665	534	139	124	171	129	390	290	90	79	410	353	1,865	1,509

* Beginning with the year ended December 31, 2021, in conformity with the change in the business reporting structure, the amounts related to "Financial services businesses" are reported in "Finance income" in the "Farm & Industrial Machinery" segment, whereas they were formerly reported in the "Other" segment. The information for the same period in the prior year has been retrospectively adjusted to conform to the current year's presentation.

** "Total" of each product and each region may not match the total of revenue by product and region because revenue by product and region is rounded to the nearest billion yen.

(Supplementary information for the year ended December 31, 2021)	©2022 Kubota Corporation All Rights Reserved.	3

Safe Harbor

Cautionary Statements with Respect to Forward-Looking Statements

This document may contain forward-looking statements that are based on management's expectations, estimates, projections, and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results may differ materially from what is forecast in forward-looking statements due to a variety of factors, including, without limitation: general economic conditions in the Company's markets, particularly government agricultural policies, levels of capital expenditures both in public and private sectors, foreign currency exchange rates, the occurrence of natural disasters, continued competitive pricing pressures in the marketplace, as well as the Company's ability to continue to gain acceptance of its products.

(Supplementary information for the year ended December 31, 2021)	©2022 Kubota Corporation All Rights Reserved.	4