Asia
Kubota's Profit Soars 77% in Q1
Kubota's (TYO:6326) profit attributable to owners of the parent jumped 77% to 73.3 billion yen in the first quarter from 41.3 billion yen a year earlier.The agricultural machinery manufacturer's basic earnings per share increased to 64.45 yen from 35.97 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue jumped 14% to 810 billion yen for the three months ended March 31 from 712.6 billion yen in the prior year.For the full year 2026, the company expects attributable profit of 210 billion yen, EPS of 184.69 yen, and revenue of 3.150 trillion yen.Kubota plans to pay interim and year-end dividends of 26 yen per share each for the year, higher than the amount paid in the year-ago period.
TYO:6326
