For the 6 months ended June 30, 2021, revenue of Kubota Corporation and its subsidiaries increased by $1.9 billion (+24.6%) from the same period in the prior year to $10 billion.
Yanmar Agribusiness has announced the upgrades of its autonomous tractor series, which are capable of full or partially autonomous work. The new versions will go on sale in Japan from April 1st, 2021.
For the year ended Dec. 31, 2020, revenue of Kubota Corporation and its subsidiaries decreased by $630 million or 3.5% from the prior year to $17.6 billion.
The demonstration in the Sri Racha District of Chonburi, southeast of the capital of Bangkok, served to draw attention to the labor-saving potential of autonomous technologies in agriculture.
Japan’s Yanmar group has reported an 80% drop in net profits for its 2018-19 financial year ended March 31, 2019, despite a 4% increase in revenues to the equivalent of $7.4 billion that built on the 2% rise recorded in the prior 12 month period.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.