Kubota Corporation announced appointment of Yutaro Shintaku as Director. The company announced retirement of Satoshi Iida as Director and Satoru Sakamoto (fulltime) as Audit & Supervisory Board Member. The company also appointed Yasuhiko Hiyama (fulltime) and Masaki Fujiwara (parttime) as new Audit & Supervisory Board Members. Mr. Yutaro Shintaku is a candidate for Outside Director. Mr. Masaki Fujiwara is a candidate for Outside Audit & Supervisory Board Member. The changes are effective from March 23, 2018.
Kubota Corporation specializes in the manufacturing and marketing of industrial and agricultural machines and water purifying and distribution equipments. Net sales break down by family of products as follows:
- industrial and agricultural machines (84.9%): tractors, harvesters, transplantors, mowers, etc.;
- water purifying and distribution systems (13.9%): ductile cast iron, steel and plastic pipes, valves, recycling pumps, incinerators, ceramic filters, used water purifiers, etc.;
- other (1.2%): industrial pieces, steel tubes, building machines, etc.
Net sales break down geographically as follows: Japan (27.4%), Asia (18.5%), North America (37.3%), Europe (13%) and other (3.8%).