Kubota Corp.’s 2023 revenue increased 12.8% to $20.05 billion. Domestic revenue increased 6.8% from the prior year to $4.27 billion because of increased revenue from Farm & Industrial Machinery and Water & Environment segments of the business.
The Series B funding round was led by Catapult Ventures and included all the Series A investors: Kubota Corporation, Yamaha Motor Corporation and Impact Ventures.
Nippon.com is reporting that Kubota Corp. will release a rice planting machine with automated driving functions in October. Earlier this month, the company said that it was investing in a harvesting robot manufacturer based in the U.S.
For the first 9 months of 2019 ended Sept. 30, Kubota Corp. reported revenues increased by $888.2 million (7.1%) from the same period in the prior year to $13.5 billion.
According to Jiji Press, Kubota Corp. said it will spend some 9 billion yen ($83,250,083) to establish a research and development center for lawn mowers and utility vehicles in the state of Georgia.
In this podcast, we explore CNH Industrial’s steps into making 3-D printing for ag parts a reality, current and future trends in precision farming and how Dot Technology is making autonomous farming a possibility. Also in this episode, we discuss the latest earnings reports from Titan Machinery, Kubota Corp. and Art’s Way Mfg.
Kubota will have 60% ownership of the manufacturing joint venture, which is said to have an initial capacity of 50,000 units and the resources to jointly develop new products.
Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.
There was plenty of technology on display at the World Dairy Expo in Madison, Wis., a few weeks ago. Farm Equipment editor Mike Lessiter caught up with Monarch Tractor’s John Issacson and got his take on the top 5 applications in autonomy right now.