Kubota Corp
6326: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|y%? | LOCK|W>Xy | LOCK|vs$D>% |
Kubota Earnings: Record Sales and FCF Rebound Lift Targets, but Valuation Looks Stretched
Kubota posted record December-quarter sales of JPY 814 billion, with Japan, North America, and Europe up 15%, 17%, and 18% year over year, respectively. Its new midterm plan targets a 12% operating margin by 2030 (compared with the current 9% level), and JPY 900 billion cumulative free cash flow.
