Kubota Corp

6326: XTKS (JPN)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Kubota Earnings: Midsize Tractor and Construction Machinery Momentum Supports Our Midterm View

Kangyuxiao Li

May 11, 2026

Kubota's March-quarter sales were JPY 810 billion, up 14% year on year, with farm and industrial machinery sales rising 15%. Operating margin rose to 12.1% from 8.6% a year ago, while margin excluding foreign exchange was 9.1%. Shares rose 7% intraday.

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Kubota Corp

Kubota Earnings: Midsize Tractor and Construction Machinery Momentum Supports Our Midterm View

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