Kubota : Supplementary information on financial results for the six months ended June 30, 2022 (0.4MB)

Supplementary information on financial results for the six months ended June 30, 2022

August 3, 2022

Exchange Rate

				Year ending	Year ended
				Dec. 31, 2022	Dec. 31, 2021
				(Forecast)	(Actual)	(Actual)
	/US$		1st half (Jan.-Jun.)	-	123	108
			2nd half (Jul.-Dec.)	131	-	112
			Full year average (Jan.-Dec.)	127	-	110
	/Euro		1st half (Jan.-Jun.)	-	134	130
			2nd half (Jul.-Dec.)	135	-	130
			Full year average (Jan.-Dec.)	135	-	130
	/US$		1st quarter end (Mar.)	-	122	111
			2nd quarter end (Jun.)	-	137	111
			3rd quarter end (Sept.)	131	-	112
			4th quarter end (Dec.)	131	-	115
	/Euro		1st quarter end (Mar.)	-	137	130
			2nd quarter end (Jun.)	-	143	132
			3rd quarter end (Sept.)	135	-	130
			4th quarter end (Dec.)	135	-	131

				Year ending	Year ended
				Dec. 31, 2022	Dec. 31, 2021
				(Forecast)	(Actual)	(Actual)
	/THB		1st half (Jan.-Jun.)	-	3.65	3.50
			2nd half (Jul.-Dec.)	3.60	-	3.38
			Full year average (Jan.-Dec.)	3.62	-	3.44
	/RMB		1st half (Jan.-Jun.)	-	18.94	16.66
			2nd half (Jul.-Dec.)	18.30	-	17.40
			Full year average (Jan.-Dec.)	18.62	-	17.03
	/THB		1st quarter end (Mar.)	-	3.68	3.54
			2nd quarter end (Jun.)	-	3.85	3.44
			3rd quarter end (Sept.)	3.60	-	3.30
			4th quarter end (Dec.)	3.60	-	3.43
	/RMB		1st quarter end (Mar.)	-	19.26	16.84
			2nd quarter end (Jun.)	-	20.00	17.11
			3rd quarter end (Sept.)	18.30	-	17.30
			4th quarter end (Dec.)	18.30	-	18.06

(Supplementary information on financial results for the six months ended June 30, 2022)	©2022 Kubota Corporation All Rights Reserved.	2

Revenue in Machinery by product and region

■ Revenue in Machinery by product and region for the six months ended June 30, 2022

	(Unit: billions of yen)	Tractors	Combine harvesters	Engines	CE	Finance income	Others	Machinery total*
	and rice transplanters
		FY2022	FY2021	FY2022	FY2021	FY2022	FY2021	FY2022	FY2021	FY2022	FY2021	FY2022	FY2021	FY2022	FY2021
		2Q	2Q	2Q	2Q	2Q	2Q	2Q	2Q	2Q	2Q	2Q	2Q	2Q	2Q
	Japan	33	32	21	21	11	10	17	16	1	1	72	79	156	160
	North America	208	179	0	0	36	27	121	101	35	29	77	55	477	390
	Europe	31	31	0	0	25	23	60	52	0	0	46	40	162	146
	Asia	125	82	50	52	21	19	14	12	15	13	36	30	261	208
	Others	21	17	0	1	3	2	9	10	1	1	8	7	41	36
	Total*	418	341	72	74	95	81	221	192	52	43	239	211	1,096	941

* "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 on financial results for the six months ended June 30, 2022)	©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 on financial results for the six months ended June 30, 2022)	©2022 Kubota Corporation All Rights Reserved.	4