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 2011

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 30,2011 (Tuesday, August 2, 2011)


		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 (TUESDAY, AUGUST 2, 2011)

RESULTS OF OPERATIONS FOR THE THREE MONTHS ENDED

JUNE 30, 2011 REPORTED BY KUBOTA CORPORATION

OSAKA, JAPAN, August 2, 2011 — Kubota Corporation reported its consolidated results for the three months ended June 30, 2011 today.

Consolidated Financial Highlights

1. Consolidated results of operations for the three months ended June 30, 2011


(1) Results of operations	(In millions of yen except per common share amounts)
	Three months ended Jun. 30, 2011		Change [%]		Three months ended Jun. 30, 2010		Change [%]
Revenues	¥	215,082		8.0	¥	199,227		2.0
Operating income	¥	21,910		20.9	¥	18,116		76.3
Income before income taxes and equity in net income of affiliated companies	¥	23,006		18.5	¥	19,419		80.7
Net income attributable to Kubota Corporation	¥	13,611		26.6	¥	10,750		93.4
Net income attributable to Kubota Corporation per common share
Basic	¥	10.70			¥	8.45
Diluted		—				—

Notes:

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

Comprehensive income for the three months ended June 30, 2011 and 2010 were ¥20,639 million [257.9%] and ¥5,767 million [(81.7%)], respectively.


(2) Financial position	(In millions of yen except per common share amounts)
	Jun. 30, 2011			Jun. 30, 2010
Total assets	¥	1,375,267		¥	1,356,852
Equity	¥	693,035		¥	681,361
Kubota Corporation shareholders’ equity	¥	643,961		¥	634,885
Ratio of Kubota Corporation shareholders’ equity to total assets		46.8	%		46.8	%

2. Cash dividends

(In yen)

Cash dividends per common share

Interim

Year end

Total

Year ended March 31, 2011

7.00

14.00

Year ending March 31, 2012

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, 2012 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, 2012


	(In millions of yen except per common share amounts)
	Six months ending Sep. 30, 2011		Change [%]		Year ending Mar. 31, 2012		Change [%]
Revenues	¥	466,000		3.8	¥	1,000,000	7.1
Operating income	¥	45,000		4.2	¥	100,000	16.1
Income before income taxes and equity in net income of affiliated companies	¥	45,000		4.6	¥	100,000	9.5
Net income attributable to Kubota Corporation	¥	27,000		5.0	¥	60,000	9.4
Net income attributable to Kubota Corporation per common share	¥	21.23			¥	47.18

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: Yes

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

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


(4)	Number of shares outstanding including treasury stock as of June 30, 2011	:	1,285,919,180
	Number of shares outstanding including treasury stock as of March 31, 2011	:	1,285,919,180
	Number of treasury stock as of June 30, 2011	:	14,210,613
	Number of treasury stock as of March 31, 2011	:	14,206,633
	Weighted average number of shares outstanding during the three months ended June 30, 2011	:	1,271,709,930
	Weighted average number of shares outstanding during the three months ended June 30, 2010	:	1,271,821,378

(*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, 2011 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, 2012	6

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

-3-

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, 2011, revenues of Kubota Corporation and subsidiaries (hereinafter, the “Company”) increased ¥15.9 billion [8.0 %], to ¥215.1 billion from the corresponding period in the prior year.

Domestic revenues increased ¥1.2 billion [1.2 %], to ¥99.8 billion, due to increases in revenues in Water & Environment Systems and Other, while revenues in Farm & Industrial Machinery and Social Infrastructure decreased. Overseas revenues increased ¥14.7 billion [14.6 %], to ¥115.3 billion due to a large increase of revenues in Farm & Industrial Machinery while revenues in Water & Environment Systems and Social Infrastructure decreased.

Operating income increased ¥3.8 billion [20.9 %], to ¥21.9 billion from the corresponding period in the prior year, due to an increase in overseas revenues in Farm & Industrial Machinery and progressing cost reduction. Income before income taxes and equity in net income of affiliated companies increased ¥3.6 billion [18.5 %], to ¥23.0 billion. Income taxes were ¥8.2 billion [representing an effective tax rate of 35.7 %], and net income increased ¥2.8 billion [22.9 %], to ¥15.0 billion. Net income attributable to Kubota Corporation increased ¥2.9 billion [26.6 %], to ¥13.6 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 10.5 %, to ¥163.5 billion from the corresponding period in the prior year, comprising 76.0 % of consolidated revenues.

Domestic revenues decreased 1.2 %, to ¥53.8 billion. Sales of construction machinery and engines increased due to recovery in demand. However, sales of farm equipment decreased due to sales declines in the suffered area of the Great East Japan Earthquake and stagnation of investment for farm equipment affected by economic sluggishness.

Overseas revenues increased 17.3 %, to ¥109.8 billion. In North America, sales of tractors and engines increased affected by upturn of demand and sales of construction machinery substantially increased due to recovery in demand and effect of launching a new product. In Europe, sales of construction machinery and engines largely increased due to brisk demand. In Asia outside Japan, sales of construction machinery increased largely while sales of farm equipment decreased due to sales declines of combine harvesters and rice transplanters.

Operating income in Farm & Industrial Machinery increased 14.1 %, to ¥24.3 billion due to increased overseas revenues and cost reductions.

2) Water & Environment Systems

Water & Environment Systems comprises pipe-related products (ductile iron pipes, plastic pipes, valves, and other products) and environment-related products (environmental plants, pumps and other products).

Revenues in this segment were ¥30.7 billion, the same amount as the corresponding period in the prior year, comprising 14.3 % of consolidated revenues.

Domestic revenues increased 4.2 %, to ¥28.8 billion. In pipe-related products, sales of plastic pipes and valves increased. Sales of all environment-related products increased led by an increase in sales of pumps. Overseas revenues decreased 38.0 %, to ¥1.9 billion, due to sales declines of ductile iron pipes and pumps, while sales of submerged membrane systems increased.

Operating income in Water & Environment Systems increased to ¥0.8 billion due to improvement of profitability.

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Kubota Corporation

and Subsidiaries

3) Social Infrastructure

Social Infrastructure comprises industrial castings, spiral welded steel pipes, vending machines, electronic equipped machinery, and air-conditioning equipment.

Revenues in this segment decreased 3.5%, to ¥14.5 billion from the corresponding period in the prior year, comprising 6.8% of consolidated revenues.

Domestic revenues decreased 1.1%, to ¥11.0 billion. Although sales of electronic equipped machinery and air-conditioning equipment increased, sales of industrial castings, spiral welded steel pipes and vending machines decreased from the corresponding period in the prior year. Overseas revenues decreased 10.4%, to ¥3.5 billion due to the sales decline of industrial castings.

Operating income in Social Infrastructure increased 4.0%, to ¥0.5 billion mainly due to cost reduction.

4) Other

Other comprises construction, services and other businesses.

Revenues in this segment increased 16.0%, to ¥6.3 billion from the corresponding period in the prior year, comprising 2.9% of consolidated revenues. Although sales of construction decreased, sales of services and other businesses increased.

Operating income in Other increased 43.0%, to ¥0.4 billion.

(2) Financial condition

1) Assets, liabilities and equity

Total assets at the end of June 2011 amounted to ¥1,375.3 billion, an increase of ¥18.4 billion from the end of March 2011. As for Assets, current assets increased mainly due to increases of inventories. Long-term finance receivables also increased.

As for liabilities, long-term debt increased. Equity increased due to steadily recorded net income and improvement in accumulated other comprehensive loss. Shareholders’ equity ratio was 46.8%, the same percentage points as the prior year end.

2) Cash flows

Net cash provided by operating activities during the three months under review was ¥1.1 billion, a decrease of ¥2.6 billion of cash inflow from the corresponding period in the prior year. This decrease was mainly due to a decline of cash inflow from changes in working capital.

Net cash used in investing activities was ¥10.6 billion, an increase of ¥7.0 billion of cash outflow from the corresponding period in the prior year. This increase was mainly due to an increase of finance receivables.

Net cash provided by financing activities was ¥5.4 billion, an increase of ¥15.4 billion of cash inflow from the corresponding period in the prior year. This increase was mainly due to an increase of fund raising.

As a result, including the effect of exchange rate changes, cash and cash equivalents at the end of June 2011 was ¥102.2 billion, a decrease of ¥3.1 billion from the beginning of the period.

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Kubota Corporation

and Subsidiaries

(3) Prospect for the year ending March 31, 2012

The forecasts of the anticipated results of operations for the year ending March 31, 2012, which were announced on June 20, 2011, remain unchanged.

The Company forecasts consolidated revenues of ¥1,000.0 billion for the year ending March 31, 2012, ¥66.3 billion higher than the prior year. Domestic revenues are forecast to increase due to increase in revenues in all segments, centering on Water & Environment Systems. Overseas revenues are forecast to increase substantially because revenues in Farm & Industrial Machinery are expected to increase continuously, and revenues in Water & environment Systems and Social Infrastructure are also expected to increase.

The Company forecasts operating income of ¥100.0 billion, an increase of ¥13.9 billion from the prior year, mainly due to an increase in revenues. The Company expects income before income taxes and equity in net income of affiliated companies to be ¥100.0 billion, an increase of ¥8.7 billion from the prior year. Net income attributable to Kubota Corporation is forecast to be ¥60.0 billion, an increase of ¥5.2 billion from the prior year. (The forecasts are based on the assumption of exchange rates of ¥81=US$1 and ¥115=1Euro, respectively.)

2. Other information

(1) Changes in material subsidiaries

None

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

Income tax expense for the three months ended June 30, 2011 was calculated using reasonably estimated annual effective tax rate for this fiscal year.

(3) Accounting changes for consolidated financial statements

The Company adopted a new accounting standard related to revenue recognition for multiple-deliverable arrangements from April 1, 2011. This standard requires that arrangement consideration be allocated to all deliverables using a selling price or estimated selling price and eliminates the residual method of allocation. The adoption of this standard did not have a material impact on the Company’s consolidated financial statements.

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Kubota Corporation

and Subsidiaries

3. Consolidated financial statements

(1) Consolidated balance sheets


Assets	(In millions of yen)
	Jun. 30, 2011					Mar. 31, 2011					Change			Jun. 30, 2010
	Amount			%		Amount			%		Amount			Amount			%
Current assets:
Cash and cash equivalents		102,220					105,293					(3,073	)		101,405
Notes and accounts receivable		343,857					353,608					(9,751	)		350,776
Short-term finance receivables-net		103,549					100,437					3,112			104,520
Inventories		191,609					174,217					17,392			184,009
Other current assets		48,210					43,649					4,561			60,253

Total current assets		789,445			57.4		777,204			57.3		12,241			800,963			57.8

Investments and long-term finance receivables		321,634			23.4		316,896			23.4		4,738			314,519			22.7

Property, plant, and equipment		216,147			15.7		217,358			16.0		(1,211	)		219,645			15.9

Other assets		48,041			3.5		45,394			3.3		2,647			50,165			3.6


Total		1,375,267			100.0		1,356,852			100.0		18,415			1,385,292			100.0


Liabilities and Equity	(In millions of yen)
	Jun. 30, 2011					Mar. 31, 2011					Change			Jun. 30, 2010
	Amount			%		Amount			%		Amount			Amount			%
Current liabilities:
Short-term borrowings		74,899					76,642					(1,743	)		88,351
Notes and accounts payable		159,490					164,803					(5,313	)		154,066
Other current liabilities		103,347					108,127					(4,780	)		102,875
Current portion of long-term debt		95,500					85,556					9,944			70,832

Total current liabilities		433,236			31.5		435,128			32.1		(1,892	)		416,124			30.1

Long-term liabilities:
Long-term debt		203,713					191,760					11,953			248,150
Accrued retirement and pension costs		33,075					35,285					(2,210	)		37,910
Other long-term liabilities		12,208					13,318					(1,110	)		12,146

Total long-term liabilities		248,996			18.1		240,363			17.7		8,633			298,206			21.5

Equity:
Kubota Corporation shareholders’ equity:
Common stock		84,070					84,070					—			84,070
Capital surplus		89,140					89,140					—			89,241
Legal reserve		19,539					19,539					—			19,539
Retained earnings		521,564					516,858					4,706			481,692
Accumulated other comprehensive loss		(61,008	)				(65,381	)				4,373			(41,356	)
Treasury stock		(9,344	)				(9,341	)				(3	)		(9,287	)

Total Kubota Corporation shareholders’ equity		643,961			46.8		634,885			46.8		9,076			623,899			45.0
Noncontrolling interests		49,074			3.6		46,476			3.4		2,598			47,063			3.4

Total equity		693,035			50.4		681,361			50.2		11,674			670,962			48.4


Total		1,375,267			100.0		1,356,852			100.0		18,415			1,385,292			100.0

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Kubota Corporation

and Subsidiaries

(2) Consolidated statements of income


	(In millions of yen)
	Three months ended Jun. 30, 2011					Three months ended Jun. 30, 2010					Change						Year ended Mar. 31, 2011
	Amount			%		Amount			%		Amount			%			Amount			%

Revenues		215,082			100.0		199,227			100.0		15,855			8.0			933,685			100.0
Cost of revenues		155,054			72.1		142,838			71.7		12,216			8.6			678,653			72.7
Selling, general, and administrative expenses		37,508			17.4		38,184			19.2		(676	)		(1.8	)		165,407			17.7
Other operating expenses		610			0.3		89			0.0		521			585.4			3,514			0.4

Operating income		21,910			10.2		18,116			9.1		3,794			20.9			86,111			9.2

Other income (expenses):
Interest and dividend income		1,510					1,552					(42	)					3,429
Interest expense		(373	)				(458	)				85						(1,632	)
Gain on sales of securities-net		—					1					(1	)					4,845
Valuation loss on other investments		(5	)				(8	)				3						(1,758	)
Gain on nonmonetary exchange of securities		—					2,774					(2,774	)					2,774
Foreign exchange loss -net		(428	)				(1,317	)				889						(1,640	)
Other-net		392					(1,241	)				1,633						(829	)

Other income (expenses), net		1,096					1,303					(207	)					5,189


Income before income taxes and equity in net income of affiliated companies		23,006			10.7		19,419			9.7		3,587			18.5			91,300			9.8

Income taxes		8,218					7,217					1,001						30,684

Equity in net income of affiliated companies		232					21					211						492


Net income		15,020			7.0		12,223			6.1		2,797			22.9			61,108			6.5

Less: Net income attributable to noncontrolling interests		1,409					1,473					(64	)					6,286


Net income attributable to Kubota Corporation		13,611			6.3		10,750			5.4		2,861			26.6			54,822			5.9


Net income attributable to Kubota Corporation per common share

	(In yen)

Basic		10.70					8.45											43.11

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Kubota Corporation

and Subsidiaries

(3) Consolidated statements of comprehensive income


	(In millions of yen)
	Three months ended Jun. 30, 2011			Three months ended Jun. 30, 2010			Change
Net income		15,020			12,223			2,797

Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments		8,161			2,892			5,269
Unrealized losses on securities		(2,479	)		(9,373	)		6,894
Unrealized gains on derivatives		19			96			(77	)
Pension liability adjustments		(82	)		(71	)		(11	)

Other comprehensive income (loss)		5,619			(6,456	)		12,075

Comprehensive income		20,639			5,767			14,872
Less: Comprehensive income attributable to noncontrolling interests		2,655			1,882			773

Comprehensive income attributable to Kubota Corporation		17,984			3,885			14,099

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Kubota Corporation

and Subsidiaries

(4) Consolidated statements of cash flows


	(In millions of yen)
	Three months ended Jun. 30, 2011			Three months ended Jun. 30, 2010			Change
Operating activities:
Net income		15,020			12,223
Depreciation and amortization		5,588			6,590
Gain on nonmonetary exchange of securities		—			(2,774	)
Deferred income taxes		2,340			3,524
Decrease in notes and accounts receivable		10,448			21,259
Increase in inventories		(13,758	)		(11,796	)
Increase in other current assets		(5,542	)		(1,512	)
Decrease in trade notes and accounts payable		(6,291	)		(4,308	)
Decrease in income taxes payable		(808	)		(18,325	)
Decrease in other current liabilities		(3,748	)		(1,737	)
Decrease in accrued retirement and pension costs		(2,330	)		(2,390	)
Other		135			2,945

Net cash provided by operating activities		1,054			3,699			(2,645	)

Investing activities:
Purchases of fixed assets		(5,041	)		(5,153	)
Proceeds from sales of property, plant, and equipment		37			438
Increase in finance receivables		(39,828	)		(35,444	)
Collection of finance receivables		36,318			36,134
Net (increase) decrease in time deposits		(837	)		465
Other		(1,238	)		(18	)

Net cash used in investing activities		(10,589	)		(3,578	)		(7,011	)

Financing activities:
Proceeds from issuance of long-term debt		29,896			21,007
Repayments of long-term debt		(12,147	)		(18,573	)
Net decrease in short-term borrowings		(3,686	)		(6,020	)
Cash dividends		(8,905	)		(6,361	)
Purchases of treasury stock		(3	)		(11	)
Other		243			(37	)

Net cash provided by (used in) financing activities		5,398			(9,995	)		15,393

Effect of exchange rate changes on cash and cash equivalents		1,064			(149	)		1,213

Net decrease in cash and cash equivalents		(3,073	)		(10,023	)
Cash and cash equivalents at beginning of period		105,293			111,428

Cash and cash equivalents at end of period		102,220			101,405			815

(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, 2011	(In millions of yen)
	Farm & Industrial Machinery		Water & Environment Systems		Social Infrastructure		Other		Adjustments			Consolidated
Revenues
External customers		163,516		30,719		14,522		6,325		—			215,082
Intersegment		12		177		544		4,312		(5,045	)		—

Total		163,528		30,896		15,066		10,637		(5,045	)		215,082

Operating income		24,275		760		522		432		(4,079	)		21,910


Three months ended June 30, 2010	(In millions of yen)
	Farm & Industrial Machinery		Water & Environment Systems		Social Infrastructure		Other		Adjustments			Consolidated
Revenues
External customers		148,004		30,721		15,050		5,452		—			199,227
Intersegment		10		271		548		2,722		(3,551	)		—

Total		148,014		30,992		15,598		8,174		(3,551	)		199,227

Operating income		21,283		77		502		302		(4,048	)		18,116

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, 2011		Three months ended Jun. 30, 2010
Japan		99,794		98,635
North America		46,845		35,428
Europe		23,258		19,203
Asia Outside Japan		37,936		38,518
Other Areas		7,249		7,443

Total		215,082		199,227

Notes:

1. Revenues from North America include those from the United States of ¥39,239 million and ¥28,225 million for the three months ended June 30, 2011 and 2010, 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, 2011		1,271,713			84,070		89,140		19,539		516,858			(65,381	)		(9,341	)		46,476			681,361

Net income											13,611									1,409			15,020
Other comprehensive income														4,373						1,246			5,619
Cash dividends paid to Kubota Corporation shareholders, ¥7 per common share											(8,905	)											(8,905	)
Cash dividends paid to noncontrolling interests																				(100	)		(100	)
Purchases and sales of treasury stock		(4	)														(3	)					(3	)
Increase in noncontrolling interests related to contribution																				43			43

Balance at June 30, 2011		1,271,709			84,070		89,140		19,539		521,564			(61,008	)		(9,344	)		49,074			693,035

-12-

Kubota Corporation

and Subsidiaries

(8) Consolidated revenues by reporting segment


	(In millions of yen)
	Three months ended Jun. 30, 2011				Three months ended Jun. 30, 2010				Change						Year ended Mar. 31, 2011
	Amount		%		Amount		%		Amount			%			Amount		%
Farm Equipment and Engines		140,175		65.2		132,997		66.8		7,178			5.4			580,671		62.2
Domestic		49,016				50,862				(1,846	)		(3.6	)		205,676
Overseas		91,159				82,135				9,024			11.0			374,995
Construction Machinery		23,341		10.8		15,007		7.5		8,334			55.5			70,847		7.6
Domestic		4,743				3,571				1,172			32.8			20,710
Overseas		18,598				11,436				7,162			62.6			50,137
Farm & Industrial Machinery		163,516		76.0		148,004		74.3		15,512			10.5			651,518		69.8
Domestic		53,759		25.0		54,433		27.3		(674	)		(1.2	)		226,386		24.3
Overseas		109,757		51.0		93,571		47.0		16,186			17.3			425,132		45.5
Pipe-Related Products		21,348		9.9		21,747		10.9		(399	)		(1.8	)		121,836		13.0
Domestic		20,266				19,713				553			2.8			113,584
Overseas		1,082				2,034				(952	)		(46.8	)		8,252
Environment-Related Products		9,371		4.4		8,974		4.5		397			4.4			70,932		7.6
Domestic		8,551				7,939				612			7.7			65,090
Overseas		820				1,035				(215	)		(20.8	)		5,842
Water & Environment Systems		30,719		14.3		30,721		15.4		(2	)		(0.0	)		192,768		20.6
Domestic		28,817		13.4		27,652		13.9		1,165			4.2			178,674		19.1
Overseas		1,902		0.9		3,069		1.5		(1,167	)		(38.0	)		14,094		1.5
Social Infrastructure		14,522		6.8		15,050		7.6		(528	)		(3.5	)		60,439		6.5
Domestic		11,016		5.1		11,136		5.6		(120	)		(1.1	)		44,278		4.8
Overseas		3,506		1.7		3,914		2.0		(408	)		(10.4	)		16,161		1.7
Other		6,325		2.9		5,452		2.7		873			16.0			28,960		3.1
Domestic		6,202		2.9		5,414		2.7		788			14.6			28,575		3.0
Overseas		123		0.0		38		0.0		85			223.7			385		0.1
Total		215,082		100.0		199,227		100.0		15,855			8.0			933,685		100.0
Domestic		99,794		46.4		98,635		49.5		1,159			1.2			477,913		51.2
Overseas		115,288		53.6		100,592		50.5		14,696			14.6			455,772		48.8

-13-

Kubota Corporation

and Subsidiaries

(9) Anticipated consolidated revenues by reporting segment


	(In billions of yen)
	Year ending Mar. 31, 2012				Year ended Mar. 31, 2011				Change
	Amount		%		Amount		%		Amount			%
Domestic		230.0				226.4				3.6			1.6
Overseas		466.0				425.1				40.9			9.6
Farm & Industrial Machinery		696.0		69.6		651.5		69.8		44.5			6.8
Domestic		191.0				178.7				12.3			6.9
Overseas		17.0				14.1				2.9			20.6
Water & Environment Systems		208.0		20.8		192.8		20.6		15.2			7.9
Domestic		46.0				44.3				1.7			3.8
Overseas		20.0				16.2				3.8			23.5
Social Infrastructure		66.0		6.6		60.4		6.5		5.6			9.3
Domestic		30.0				28.6				1.4			4.9
Overseas		—				0.4				(0.4	)		(100.0	)
Other		30.0		3.0		29.0		3.1		1.0			3.4
Total		1,000.0		100.0		933.7		100.0		66.3			7.1

Domestic		497.0		49.7		477.9		51.2		19.1			4.0
Overseas		503.0		50.3		455.8		48.8		47.2			10.4

-14-

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, 2011	By:	/s/ Yoshiyuki Fujita
	Name:	Yoshiyuki Fujita
	Title:	Executive Officer
		General Manager of
		Global Management Promotion Department

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