SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6 - K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of October 2004.
Commission File Number: 2-58155
KUBOTA CORPORATION
(Translation of registrant’s name into English)
2-47, Shikitsuhigashi 1-chome, Naniwa-ku, Osaka, Japan
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F :
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1) :
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7) :
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934 :
Yes No X
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule12g3-2(b) : 82-
Information furnished on this form:
EXHIBITS
Exhibit Number
| 1. | Notice on revised financial forecasts for the six months ended September 30, 2004 (non-consolidated) (Wednesday, October 20, 2004) |
To whom it may concern
Kubota Corporation
2-47, Shikitsu-higashi 1-chome,
Naniwa-ku, Osaka 556-8601, Japan
Contact: IR Group
Finance & Accounting Department
Phone: +81-6-6648-2645
Notice on revised financial forecasts for the six months ended September 30, 2004 (non-consolidated)
Please be advised that Kubota Corporation (hereinafter “the Company”) has revised the non-consolidated (parent company only) financial forecasts for the six months ended September 30, 2004. Details are as follows:
1. Revised consolidated financial forecasts for the six months ended September 30, 2004
| (April 1, 2004 — September 30, 2004) |
(¥million, %) | ||||||||
| Net Sales |
Ordinary Income |
Net Income |
|||||||
| Original Forecasts |
280,000 | 18,000 | 13,500 | ||||||
| Revised Forecasts |
284,000 | 24,500 | 20,000 | ||||||
| Change |
4,000 | 6,500 | 6,500 | ||||||
| (%) |
1 | % | 36 | % | 48 | % | |||
| Comparable Prior Period |
293,363 | 17,860 | 10,109 | ||||||
Interim dividends per 1 ADS remain ¥15.
2. Reasons for revision
Sales increase by ¥4.0 billion will be thanks to the favorable exports of tractors, engines and construction machinery. Increase of ordinary income by ¥6.5 billion will be caused by the cost cut and depreciation of yen (In the first forecast, we expected 1$=¥105.) as well as the sales increase. Finally, net income will be increased by ¥6.5 billion through the increase of ordinary income and ¥3.8 billion of extraordinary income from the modification of pension plan of the Company.
3. Other revisions
The new forecasts for the non-consolidated financial forecasts for the six months ended September 30, 2004, and the consolidated financial forecast for the six months ended September 30, 2004, and the year ending March 31, 2005, will be released on November 8, 2004. As for the modification of pension plan mentioned above, the income from such modification will be excluded from the consolidated financial results, and be spent on the reduction for unfunded portion of pension liability at the end of this fiscal year. Accordingly the income from the modification of pension plan will not affect both the consolidated financial results and consolidated interim financial results of the Company.
<Reference : Revised forecasts on August 6, 2004>
| (April 1, 2004 — September 30, 2004) (Consolidation) |
(¥million, %) | |||||
| Net Sales |
Income before Income Taxes, Minority Interest in Earnings of Subsidiaries, and Equity in Net Income of Affiliated Companies |
Net Income | ||||
| Forecasts |
443,000 | 45,000 | 48,000 | |||
| Comparable Prior Period |
421,540 | 18,686 | 7,010 | |||
| (April 1, 2004 — March 31, 2005) (Non-consolidation) |
(¥million, %) | |||||
| Net Sales |
Ordinary Income |
Net Income | ||||
| Forecasts |
653,000 | 48,000 | 31,000 | |||
| Comparable Prior Year |
663,827 | 45,964 | 21,709 | |||
| (April 1, 2004 — March 31, 2005) (Consolidation) |
(¥million, %) | |||||
| Net Sales |
Income before Income Taxes, Minority Interest in Earnings of Subsidiaries, and Equity in Net Income of Affiliated Companies |
Net Income | ||||
| Forecasts |
921,000 | 138,000 | 104,000 | |||
| Comparable Prior Year |
930,237 | 27,097 | 11,700 | |||
End of document
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| KUBOTA CORPORATION | ||||
| Date: November 1, 2004 |
By: |
/s/ Shigeru Kimura | ||
| Name: |
Shigeru Kimura | |||
| Title: |
General Manager Finance & Accounting Department | |||