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Kubota--- 3Q revenue decreases, but sales to european index are performing well.
Kubota Corporation <6310> announced its consolidated financial results for the third quarter of the fiscal year ending December 2024 (January-September 24). Revenue decreased by 3.3% year-on-year to 128.579 billion yen, operating profit decreased by 14.0% to 3.109 billion yen, ordinary profit decreased by 24.7% to 2.917 billion yen, and quarterly net loss attributable to the parent company shareholders was 0.53 billion yen (compared to a profit of 2.079 billion yen in the same period last year). Domestic revenue decreased by 3.3% year-on-year to 83.627 billion yen. Mainly in agricultural machinery products and
Iseki Farm Equipment --- Achieving commercial use of Agrihub and Agricultural OpenAPI.
Iseki Farm Machinery ＜6310＞ announced on the 13th that it has achieved data collaboration on a commercial basis with Agrihub based on the Agricultural Machinery OpenAPI specifications. The Agricultural Machinery OpenAPI is a compilation of coordinated data items for agricultural machinery established by the Agricultural Machinery API Standardization Consortium led by the National Research and Development Corporation for Agriculture, Forestry and Fisheries, which was selected for the Ministry of Agriculture, Forestry and Fisheries' "Strengthening of Agricultural, Forestry and Fisheries Data Management and Utilization Infrastructure" project, and compiled as an industry standard.
Inoseki Agricultural Machinery - Received special dividends from consolidated subsidiaries.
Kubota Corporation <6310> announced on the 14th that it plans to receive a special dividends from its consolidated subsidiary on the 20th for the purpose of reviewing the capital structure within the group. The company expects to record the special dividends of 8 billion yen as non-operating income. As it is a dividend from a consolidated subsidiary, it is stated that it will not have any impact on the consolidated performance for the fiscal year ending in December 2024.
Japan Machinery Orders Decline 2.9% in September
Iseki: Extraordinary Report
Iseki: Supplementary explanation of financial results for the 3rd quarter of the fiscal year ending 2024/12
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