Edgar Filing: KUBOTA CORP

Form 6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6 - K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of

the Securities Exchange Act of 1934

For the month of August 2012

Commission File Number: 1-07294

KUBOTA CORPORATION

(Translation of registrant’s name into English)

2-47, Shikitsuhigashi 1-chome, Naniwa-ku, Osaka, Japan

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F :

Form 20-F X Form 40-F

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) :

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) :

Information furnished on this form:

EXHIBITS

Exhibit Number

1.	Results of operations for the three months ended June 30, 2012 (Thursday, August 2, 2012)


		Contact:
		IR Group
		Kubota Corporation
		2-47, Shikitsuhigashi 1-chome,
		Naniwa-ku, Osaka 556-8601, Japan
		Phone		: +81-6-6648-2645
		Facsimile		: +81-6-6648-2632

FOR IMMEDIATE RELEASE (THURSDAY, AUGUST 2, 2012)

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED

JUNE 30, 2012 REPORTED BY KUBOTA CORPORATION

OSAKA, JAPAN, August 2, 2012 — Kubota Corporation reported its consolidated results for the three months ended June 30, 2012 today.

Consolidated Financial Highlights

1. Consolidated results of operations for the three months ended June 30, 2012


(1) Results of operations	(In millions of yen except per common share amounts)
	Three months ended Jun. 30, 2012		Change [%]			Three months ended Jun. 30, 2011		Change [%]
Revenues	¥	240,469		11.8		¥	215,082		8.0
Operating income	¥	22,012		0.5		¥	21,910		20.9
Income before income taxes and equity in net income of affiliated companies	¥	22,042		(4.2	)	¥	23,006		18.5
Net income attributable to Kubota Corporation	¥	12,835		(5.7	)	¥	13,611		26.6
Net income attributable to Kubota Corporation per common share
Basic	¥	10.22				¥	10.70
Diluted		—					—

Notes :

Change[%] represents percentage change from the corresponding period in the prior year.

Comprehensive income for the three months ended June 30, 2012 and 2011 were ¥27,098 million [31.3%] and ¥20,639 million [257.9%], respectively.


(2) Financial position	(In millions of yen)
	Jun. 30, 2012			Mar. 31, 2012
Total assets	¥	1,501,817		¥	1,487,669
Equity	¥	719,316		¥	707,214
Kubota Corporation shareholders’ equity	¥	665,836		¥	653,283
Ratio of Kubota Corporation shareholders’ equity to total assets		44.3	%		43.9	%

2. Cash dividends

(In yen)

Cash dividends per common share

Interim

Year end

Total

Year ended March 31, 2012

7.00

8.00

15.00

Year ending March 31, 2013

Undecided

Note :

Although the Company’s basic policy for the return of profit to shareholders is to maintain stable dividends or raise dividends, specific amount of cash dividends for each fiscal year is decided in consideration of the development of business performance, financial conditions and payout ratio including share buybacks. Specific amount of cash dividends for the year ending March 31, 2013 is not decided at this time and the Company will inform the amount as soon as a decision is made.

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Kubota Corporation

and Subsidiaries

3. Anticipated results of operations for the year ending March 31, 2013


	(In millions of yen except per common share amounts)
	Six months ending Sep. 30, 2012		Change [%]		Year ending Mar. 31, 2013		Change [%]
Revenues	¥	550,000		14.2	¥	1,150,000		14.1
Operating income	¥	50,000		1.5	¥	105,000		(0.6	)
Income before income taxes and equity in net income of affiliated companies	¥	50,000		12.7	¥	105,000		4.0
Net income attributable to Kubota Corporation	¥	30,000		13.9	¥	65,000		5.6
Net income attributable to Kubota Corporation per common share	¥	23.89			¥	51.75

Note :

Change[%] represents percentage change from the corresponding period in the prior year.

4. Other information

(1)	Changes in material subsidiaries: No

(2)	Adoption of simplified accounting procedures or specific accounting procedures for consolidated quarterly financial statements: Yes

Please refer to “2. Other information” on page 6.

(3)	Accounting changes for consolidated financial statements

a) Changes due to the revision of accounting standards: No

b) Changes in matters other than a) above: No


(4)	Number of shares outstanding including treasury stock as of June 30, 2012	:	1,285,919,180
	Number of shares outstanding including treasury stock as of March 31, 2012	:	1,285,919,180
	Number of treasury stock as of June 30, 2012	:	29,981,833
	Number of treasury stock as of March 31, 2012	:	29,935,508
	Weighted average number of shares outstanding during the three months ended June 30, 2012	:	1,255,960,330
	Weighted average number of shares outstanding during the three months ended June 30, 2011	:	1,271,709,930

(*Information on status of the quarterly review by the independent auditor)

This release is not reviewed or audited in accordance with Financial Instruments and Exchange Law of Japan by the independent auditor because this release is not subject to the quarterly review. As of the date of this release, the Company’s consolidated financial statements for the three months ended June 30, 2012 are under procedure of the quarterly review.

< 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.

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Kubota Corporation

and Subsidiaries

Index to Accompanying Materials


1.	Review of operations and financial condition			4

	(1	)	Summary of the results of operations for the three months under review	4

	(2	)	Financial condition	5

	(3	)	Prospect for the year ending March 31, 2013	5

2.	Other information			6

	(1	)	Changes in material subsidiaries	6

	(2	)	Adoption of simplified accounting procedures or specific accounting procedures for consolidated quarterly financial statements	6

	(3	)	Accounting changes for consolidated financial statements	6

3.	Consolidated financial statements			7

	(1	)	Consolidated balance sheets	7

	(2	)	Consolidated statements of income	8

	(3	)	Consolidated statements of comprehensive income	9

	(4	)	Consolidated statements of cash flows	10

	(5	)	Notes to assumption for going concern	10

	(6	)	Consolidated segment information	11

	(7	)	Consolidated statements of changes in equity	12

	(8	)	Consolidated revenues by reporting segment	13

	(9	)	Anticipated consolidated revenues by reporting segment	14

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Kubota Corporation

and Subsidiaries

1. Review of operations and financial condition

(1) Summary of the results of operations for the three months under review

For the three months ended June 30, 2012, revenues of Kubota Corporation and subsidiaries (hereinafter, the “Company”) increased ¥25.4 billion [11.8 %], to ¥240.5 billion, from the corresponding period in the prior year.

Domestic revenues rose ¥9.2 billion [9.2 %], to ¥109.0 billion. All reporting segments recorded increases in domestic revenues.

Overseas revenues expanded ¥16.2 billion [14.0 %], to ¥131.5 billion. Although revenues in Water & Environment were at the almost same level as in the corresponding period in the prior year, revenues in Farm & Industrial Machinery increased substantially.

Operating income rose a slight ¥0.1 billion [0.5 %], to ¥22.0 billion, from the corresponding period in the prior year. The negative impact of yen appreciation and higher pension costs were compensated by the impact of increased revenues. Income before income taxes and equity in net income of affiliated companies decreased ¥1.0 billion [4.2 %], to ¥22.0 billion, due to the deterioration of other gain and loss. Income taxes were ¥8.0 billion and net income decreased ¥0.8 billion [5.0 %], to ¥14.3 billion. Net income attributable to Kubota Corporation declined ¥0.8 billion [5.7 %], to ¥12.8 billion, from the corresponding period in the prior year.

Revenues from external customers and operating income by each reporting segment are as follows.

1) Farm & Industrial Machinery

Farm & Industrial Machinery comprises farm equipment, engines, and construction machinery.

Revenues in this segment increased 13.5 %, to ¥185.5 billion, from the corresponding period in the prior year and accounted for 77.1 % of consolidated revenues.

Domestic revenues expanded 11.1 %, to ¥59.7 billion. Sales of construction machinery and engines increased sharply due to the demand for reconstruction work following the Great East Japan Earthquake, and sales of farm equipment also increased.

Overseas revenues grew 14.6 %, to ¥125.8 billion. In North America, sales of tractors increased. In addition, sales of engines and construction machinery rose substantially owing to the strong demand. In Europe, sales of construction machinery and engines increased. Moreover, sales of farm equipment expanded substantially due to the inclusion within the scope of consolidation of businesses acquired in the prior fiscal year. Revenues in Asia outside Japan increased overall due to the continuing rise in sales of tractors, combine harvesters, and rice transplanters. On the other hand, sales of construction machinery in China decreased owing to the decline in demand, and sales of engines decreased due to the aftereffects of the Thailand Floods.

Operating income in Farm & Industrial Machinery decreased a slight 0.4 %, to ¥24.2 billion, due to the impact of yen appreciation and other factors.

2) Water & Environment

Water & Environment comprises pipe-related products (ductile iron pipes, plastic pipes, valves, pumps, and other products), environment-related products (environmental plants and other products) and social infrastructure-related products (industrial castings, spiral welded steel pipes, vending machines, precision equipment, air-conditioning equipment, and other products).

Revenues in this segment increased 5.8 %, to ¥47.9 billion, from the corresponding period in the prior year and accounted for 19.9 % of consolidated revenues.

Domestic revenues rose 6.6 %, to ¥42.5 billion. Revenues in pipe-related products increased due to the higher sales of ductile iron pipes and pumps, while sales of plastic pipes and valves decreased. Revenues in environment-related products expanded due to the increased sales of water treatment equipment and plants. Revenues in social infrastructure-related products also rose due to higher sales of spiral welded steel pipes and vending machines.

Overseas revenues were ¥5.4 billion, the same level as in the corresponding period in the prior year. Revenues in social infrastructure-related products increased, while revenues in environment-related products decreased.

Operating income in Water & Environment rose 112.7 %, to ¥2.7 billion, mainly due to an increase in revenues.

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Kubota Corporation

and Subsidiaries

3) Other

Other comprises construction, services and other businesses.

Revenues in this segment rose 12.0 %, to ¥7.1 billion from the corresponding period in the prior year and accounted for 3.0 % of consolidated revenues. Although sales of construction decreased, sales of services and other businesses increased.

Operating income in Other decreased 44.9 %, to ¥0.2 billion.

* The Company realigned its organization on April 1, 2012. Upon this realignment, the segments previously had been classified into “Farm & Industrial Machinery”, “Water & Environment Systems”, “Social Infrastructure”, and “Other” were classified into “Farm & Industrial Machinery”, “Water & Environment”, and “Other”.

(2) Financial condition

1) Assets, liabilities, and equity

Total assets at the end of June 2012 amounted to ¥1,501.8 billion, an increase of ¥14.1 billion from the end of March 2012. Among assets, inventories as well as short- and long-term finance receivables increased.

Among liabilities, long-term debt rose, while current liabilities, including income taxes payable, decreased. Net assets increased due to recorded net income and improvement in accumulated other comprehensive loss. The shareholders’ equity ratio was 44.3 %, 0.4 percentage points higher than at the prior fiscal year-end.

2) Cash flows

Net cash used in operating activities during the three months under review was ¥22.9 billion. This was primarily because cash inflow was down ¥23.9 billion from the corresponding period in the prior year, mainly due to changes in working capital, including an increase in inventories and a decrease in income taxes payable.

Net cash used in investing activities was ¥1.8 billion. This was because cash outflow decreased ¥8.8 billion from the corresponding period in the prior year, despite an increase in purchases of fixed assets, due to a rise in collection of finance receivables and other factors.

Net cash used in financing activities was ¥1.7 billion. This was because cash inflow decreased ¥7.1 billion from the corresponding period in the prior year, mainly due to purchases of noncontrolling interests.

As a result, after taking account of the effects of foreign exchange rate changes, cash and cash equivalents at the end of June 2012 were ¥76.3 billion, a decrease of ¥24.3 billion from the beginning of the period.

(3) Prospects for the year ending March 31, 2013

The forecasts of the results of operations for the year ending March 31, 2013, which were announced on May 10, 2012, remain unchanged.

These forecasts are based on the assumption of exchange rates of ¥80=US$1 and ¥100=1 Euro.

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Kubota Corporation

and Subsidiaries

2. Other information

(1) Changes in material subsidiaries

None

(2) Adoption of simplified accounting procedures or specific accounting procedures for consolidated quarterly financial statements

The provision for income taxes is computed by multiplying quarterly income before income taxes and equity in net income of affiliated companies by estimated annual effective tax rate.

(3) Accounting changes for consolidated financial statements

None

-6-

Kubota Corporation

and Subsidiaries

3. Consolidated financial statements

(1) Consolidated balance sheets


Assets	(In millions of yen)
	Jun. 30, 2012					Mar. 31, 2012					Change			Jun. 30, 2011
	Amount			%		Amount			%		Amount			Amount			%
Current assets:
Cash and cash equivalents		76,300					100,559					(24,259	)		102,220
Notes and accounts receivable		388,452					390,760					(2,308	)		343,857
Short-term finance receivables-net		114,812					108,160					6,652			103,549
Inventories		229,319					202,070					27,249			191,609
Other current assets		59,704					64,463					(4,759	)		48,210

Total current assets		868,587			57.8		866,012			58.2		2,575			789,445			57.4

Investments and long-term finance receivables		325,927			21.7		323,948			21.8		1,979			321,634			23.4

Property, plant, and equipment		228,122			15.2		225,067			15.1		3,055			216,147			15.7

Other assets		79,181			5.3		72,642			4.9		6,539			48,041			3.5


Total		1,501,817			100.0		1,487,669			100.0		14,148			1,375,267			100.0


Liabilities and Equity	(In millions of yen)
	Jun. 30, 2012					Mar. 31, 2012					Change			Jun. 30, 2011
	Amount			%		Amount			%		Amount			Amount			%
Current liabilities:
Short-term borrowings		80,155					69,623					10,532			74,899
Notes and accounts payable		210,248					215,977					(5,729	)		159,490
Other current liabilities		125,944					143,173					(17,229	)		103,347
Current portion of long-term debt		106,777					107,210					(433	)		95,500

Total current liabilities		523,124			34.8		535,983			36.0		(12,859	)		433,236			31.5

Long-term liabilities:
Long-term debt		203,129					184,402					18,727			203,713
Accrued retirement and pension costs		39,803					41,882					(2,079	)		33,075
Other long-term liabilities		16,445					18,188					(1,743	)		12,208

Total long-term liabilities		259,377			17.3		244,472			16.4		14,905			248,996			18.1

Equity:
Kubota Corporation shareholders’ equity:
Common stock		84,070					84,070					—			84,070
Capital surplus		88,889					88,834					55			89,140
Legal reserve		19,539					19,539					—			19,539
Retained earnings		563,494					560,710					2,784			521,564
Accumulated other comprehensive loss		(70,808	)				(80,542	)				9,734			(61,008	)
Treasury stock		(19,348	)				(19,328	)				(20	)		(9,344	)

Total Kubota Corporation shareholders’ equity		665,836			44.3		653,283			43.9		12,553			643,961			46.8
Noncontrolling interests		53,480			3.6		53,931			3.7		(451	)		49,074			3.6

Total equity		719,316			47.9		707,214			47.6		12,102			693,035			50.4


Total		1,501,817			100.0		1,487,669			100.0		14,148			1,375,267			100.0

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Kubota Corporation

and Subsidiaries

(2) Consolidated statements of income


	(In millions of yen)
	Three months ended Jun. 30, 2012					Three months ended Jun. 30, 2011					Change						Year ended Mar. 31, 2012
	Amount			%		Amount			%		Amount			%			Amount			%

Revenues		240,469			100.0		215,082			100.0		25,387			11.8			1,008,019			100.0
Cost of revenues		175,922			73.1		155,054			72.1		20,868			13.5			735,836			73.0
Selling, general, and administrative expenses		42,028			17.5		37,508			17.4		4,520			12.1			170,252			16.9
Other operating expenses		507			0.2		610			0.3		(103	)		(16.9	)		(3,749	)		(0.4	)

Operating income		22,012			9.2		21,910			10.2		102			0.5			105,680			10.5

Other income (expenses):
Interest and dividend income		1,332					1,510					(178	)					3,760
Interest expense		(432	)				(373	)				(59	)					(1,892	)
Gain on sales of securities-net		131					—					131						105
Valuation loss on other investments		(5	)				(5	)				—						(2,570	)
Foreign exchange gain (loss) -net		1,614					(428	)				2,042						(7,609	)
Other-net		(2,610	)				392					(3,002	)					3,464

Other income (expenses), net		30					1,096					(1,066	)					(4,742	)


Income before income taxes and equity in net income of affiliated companies		22,042			9.2		23,006			10.7		(964	)		(4.2	)		100,938			10.0

Income taxes		7,982					8,218					(236	)					36,548

Equity in net income of affiliated companies		206					232					(26	)					1,629


Net income		14,266			5.9		15,020			7.0		(754	)		(5.0	)		66,019			6.5

Less: Net income attributable to noncontrolling interests		1,431					1,409					22						4,467


Net income attributable to Kubota Corporation		12,835			5.3		13,611			6.3		(776	)		(5.7	)		61,552			6.1


Net income attributable to Kubota Corporation per common share

	(In yen)

Basic		10.22					10.70											48.75

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Kubota Corporation

and Subsidiaries

(3) Consolidated statements of comprehensive income


	(In millions of yen)
	Three months ended Jun. 30, 2012			Three months ended Jun. 30, 2011			Change
Net income		14,266			15,020			(754	)

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments		18,515			8,161			10,354
Unrealized losses on securities		(6,267	)		(2,479	)		(3,788	)
Unrealized gains on derivatives		52			19			33
Pension liability adjustments		532			(82	)		614

Other comprehensive income		12,832			5,619			7,213

Comprehensive income		27,098			20,639			6,459
Less: Comprehensive income attributable to noncontrolling interests		4,511			2,655			1,856

Comprehensive income attributable to Kubota Corporation		22,587			17,984			4,603

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Kubota Corporation

and Subsidiaries

(4) Consolidated statements of cash flows


	(In millions of yen)
	Three months ended Jun. 30, 2012			Three months ended Jun. 30, 2011			Change
Operating activities:
Net income		14,266			15,020
Depreciation and amortization		6,200			5,588
Gain on sales of securities-net		(131	)		—
Equity in net income of affiliated companies		(206	)		(232	)
Deferred income taxes		4,303			2,340
Decrease in notes and accounts receivable		5,491			10,448
Increase in inventories		(19,826	)		(13,758	)
Increase in other current assets		(4,324	)		(5,542	)
Decrease in trade notes and accounts payable		(8,287	)		(6,291	)
Decrease in income taxes payable		(13,119	)		(808	)
Decrease in other current liabilities		(5,521	)		(3,748	)
Decrease in accrued retirement and pension costs		(1,000	)		(2,330	)
Other		(733	)		367

Net cash provided by (used in) operating activities		(22,887	)		1,054			(23,941	)

Investing activities:
Purchases of fixed assets		(8,797	)		(5,041	)
Proceeds from sales of property, plant, and equipment		418			37
Increase in finance receivables		(50,502	)		(39,828	)
Collection of finance receivables		52,315			36,318
Net decrease in short-term loan receivables from affiliated companies		1,545			—
Net (increase) decrease in time deposits		2,020			(837	)
Other		1,206			(1,238	)

Net cash used in investing activities		(1,795	)		(10,589	)		8,794

Financing activities:
Proceeds from issuance of long-term debt		29,364			29,896
Repayments of long-term debt		(23,286	)		(12,147	)
Net increase (decrease) in short-term borrowings		7,125			(3,686	)
Cash dividends		(10,051	)		(8,905	)
Purchases of treasury stock		(20	)		(3	)
Purchases of noncontrolling interests		(4,849	)		—
Other		27			243

Net cash provided by (used in) financing activities		(1,690	)		5,398			(7,088	)

Effect of exchange rate changes on cash and cash equivalents		2,113			1,064			1,049

Net decrease in cash and cash equivalents		(24,259	)		(3,073	)
Cash and cash equivalents at beginning of period		100,559			105,293

Cash and cash equivalents at end of period		76,300			102,220			(25,920	)

(5) Notes to assumption for going concern

None

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Kubota Corporation

and Subsidiaries

(6) Consolidated segment information

1) Reporting segments


Three months ended June 30, 2012	(In millions of yen)
	Farm & Industrial Machinery		Water & Environment		Other		Adjustments			Consolidated
Revenues
External customers		185,519		47,866		7,084		—			240,469
Intersegment		14		857		3,917		(4,788	)		—

Total		185,533		48,723		11,001		(4,788	)		240,469

Operating income		24,172		2,727		238		(5,125	)		22,012


Three months ended June 30, 2011	(In millions of yen)
		Farm & Industrial Machinery		Water & Environment		Other		Adjustments			Consolidated
Revenues
External customers		163,516		45,241		6,325		—			215,082
Intersegment		12		692		4,312		(5,016	)		—

Total		163,528		45,933		10,637		(5,016	)		215,082

Operating income		24,275		1,282		432		(4,079	)		21,910

Notes:

1. The amounts in “Adjustments” include the eliminations of intersegment transactions and the unallocated corporate expenses.

2. The aggregated amounts of operating income equal to those in the consolidated statements of income, and please refer to the consolidated statements of income for the reconciliation of operating income to income before income taxes and equity in net income of affiliated companies.

3. Intersegment revenues are recorded at arm’s length prices.

2) Geographic segments


Information for revenues from external customers by destination	(In millions of yen)
	Three months ended Jun. 30, 2012		Three months ended Jun. 30, 2011
Japan		109,015		99,794
North America		52,930		46,845
Europe		29,814		23,258
Asia Outside Japan		41,606		37,936
Other Areas		7,104		7,249

Total		240,469		215,082

Notes:

1. Revenues from North America include those from the United States of ¥43,407 million and ¥39,239 million for the three months ended June 30, 2012 and 2011, respectively.

2. There is no single customer, revenues from whom exceed 10% of total consolidated revenues of the Company.

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Kubota Corporation

and Subsidiaries

(7) Consolidated statements of changes in equity


	(In millions of yen)
	Shares of common stock outstanding (thousands)			Kubota Corporation shareholders’ equity															Non- controlling interests			Total equity
	Shares of common stock outstanding (thousands)			Common stock		Capital surplus		Legal reserve		Retained earnings			Accumulated other comprehensive loss			Treasury stock			Non- controlling interests			Total equity
Balance at March 31, 2012		1,255,984			84,070		88,834		19,539		560,710			(80,542	)		(19,328	)		53,931			707,214

Net income											12,835									1,431			14,266
Other comprehensive income														9,752						3,080			12,832
Cash dividends paid to Kubota Corporation shareholders, ¥8 per common share											(10,051	)											(10,051	)
Cash dividends paid to noncontrolling interests																				(107	)		(107	)
Purchases and sales of treasury stock		(47	)														(20	)					(20	)
Increase in noncontrolling interests related to contribution																				126			126
Changes in ownership interests in subsidiaries							55							(18	)					(4,981	)		(4,944	)

Balance at June 30, 2012		1,255,937			84,070		88,889		19,539		563,494			(70,808	)		(19,348	)		53,480			719,316

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Kubota Corporation

and Subsidiaries

(8) Consolidated revenues by reporting segment


	(In millions of yen)
	Three months ended Jun. 30, 2012				Three months ended Jun. 30, 2011				Change						Year ended Mar. 31, 2012
	Amount		%		Amount		%		Amount			%			Amount		%
Farm Equipment and Engines		158,719		66.0		140,175		65.2		18,544			13.2			619,989		61.5
Domestic		52,973				49,016				3,957			8.1			208,353
Overseas		105,746				91,159				14,587			16.0			411,636
Construction Machinery		26,800		11.1		23,341		10.8		3,459			14.8			93,954		9.3
Domestic		6,768				4,743				2,025			42.7			27,083
Overseas		20,032				18,598				1,434			7.7			66,871
Farm & Industrial Machinery		185,519		77.1		163,516		76.0		22,003			13.5			713,943		70.8
Domestic		59,741		24.8		53,759		25.0		5,982			11.1			235,436		23.3
Overseas		125,778		52.3		109,757		51.0		16,021			14.6			478,507		47.5
Pipe-Related Products		23,444		9.7		22,867		10.6		577			2.5			142,466		14.1
Domestic		22,385				21,755				630			2.9			131,706
Overseas		1,059				1,112				(53	)		(4.8	)		10,760
Environment-Related Products		8,731		3.6		7,852		3.7		879			11.2			56,045		5.6
Domestic		8,500				7,062				1,438			20.4			52,907
Overseas		231				790				(559	)		(70.8	)		3,138
Social Infrastructure-Related Products		15,691		6.6		14,522		6.8		1,169			8.0			64,775		6.4
Domestic		11,572				11,016				556			5.0			48,065
Overseas		4,119				3,506				613			17.5			16,710
Water & Environment		47,866		19.9		45,241		21.1		2,625			5.8			263,286		26.1
Domestic		42,457		17.7		39,833		18.5		2,624			6.6			232,678		23.1
Overseas		5,409		2.2		5,408		2.6		1			0.0			30,608		3.0
Other		7,084		3.0		6,325		2.9		759			12.0			30,790		3.1
Domestic		6,817		2.8		6,202		2.9		615			9.9			30,570		3.1
Overseas		267		0.2		123		0.0		144			117.1			220		0.0
Total		240,469		100.0		215,082		100.0		25,387			11.8			1,008,019		100.0
Domestic		109,015		45.3		99,794		46.4		9,221			9.2			498,684		49.5
Overseas		131,454		54.7		115,288		53.6		16,166			14.0			509,335		50.5

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Kubota Corporation

and Subsidiaries

(9) Anticipated consolidated revenues by reporting segment


	(In billions of yen)
	Year ending Mar. 31, 2013				Year ended Mar. 31, 2012				Change
	Amount		%		Amount		%		Amount		%
Domestic		245.0				235.4				9.6		4.1
Overseas		585.0				478.5				106.5		22.3
Farm & Industrial Machinery		830.0		72.2		713.9		70.8		116.1		16.3
Domestic		247.0				232.7				14.3		6.1
Overseas		38.0				30.6				7.4		24.2
Water & Environment		285.0		24.8		263.3		26.1		21.7		8.2
Domestic		33.0				30.6				2.4		7.8
Overseas		2.0				0.2				1.8		900.0
Other		35.0		3.0		30.8		3.1		4.2		13.6
Total		1,150.0		100.0		1,008.0		100.0		142.0		14.1

Domestic		525.0		45.7		498.7		49.5		26.3		5.3
Overseas		625.0		54.3		509.3		50.5		115.7		22.7

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.


	KUBOTA CORPORATION

Date: August 2, 2012	By:	/s/ Yoshiyuki Fujita
	Name:	Yoshiyuki Fujita
	Title:	Executive Officer
		General Manager of
		Global Management Promotion Department

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