KUBOTA CORP (KUB) [Rocket]

In millions, except per share items	Mar-31-13	Mar-31-12	Mar-31-11	Mar-31-10	Mar-31-09	Mar-31-08
	20-F	20-F	20-F	20-F	20-F	20-F
Revenues:
Farm & Industrial Machinery	851,012	714,012	651,582	616,803
Other	56,627	48,800	44,797	41,767
Water & Environment	287,539	268,125	257,032
Other				272,074
Total revenues	1,167,628	1,008,019	933,685	930,644	1,107,482	1,154,574
Revenue growth [+]	15.8%	8.0%	0.3%	-16.0%	-4.1%
Farm & Industrial Machinery	19.2%	9.6%	5.6%
Other	16.0%	8.9%	7.3%
Water & Environment	7.2%	4.3%
Cost of goods sold	848,149	735,836	678,653	681,374	810,226	824,093
Gross profit	319,479	272,183	255,032	249,270	297,256	330,481
Gross margin	27.4%	27.0%	27.3%	26.8%	26.8%	28.6%
Selling, general and administrative	206,479	170,252	165,407	179,352	193,426	192,935
Equity in earnings	1,426	1,629	492	402	222	94
Other operating expenses	-936	-7,601	970	216	1,015	671
EBITDA [+]	144,616	135,069	116,140	99,275	134,279	167,534
EBITDA growth	7.1%	16.3%	17.0%	-26.1%	-19.8%
EBITDA margin	12.4%	13.4%	12.4%	10.7%	12.1%	14.5%
Depreciation	24,176	21,899	24,680	27,062	31,242	30,565
EBITA	120,440	113,170	91,460	72,213	103,037	136,969
EBITA margin	10.3%	11.2%	9.8%	7.8%	9.3%	11.9%
Amortization of intangibles	5,078	2,009	2,313	2,109
EBIT [+]	115,362	111,161	89,147	70,104	103,037	136,969
EBIT growth	3.8%	24.7%	27.2%	-32.0%	-24.8%
EBIT margin	9.9%	11.0%	9.5%	7.5%	9.3%	11.9%
Non-recurring items	775	3,852	2,544
Interest income, net [+]	2,334	1,868	1,797	1,254	2,158	3,486
Interest expense	1,280	1,892	1,632	2,127	2,664	986
Interest income	3,614	3,760	3,429	3,381	4,822	4,472
Other income (expense), net [+]	3,542	-8,239	2,900	2,125	-21,936	-17,878
Gain (loss) on foreign currency transactions	9,266	-7,609	-1,640	2,894	-11,525	-9,043
Other	-4,098	3,464	-829	-2,045	-1,455	-2,730
Pre-tax income	120,463	100,938	91,300	73,483	83,259	122,577
Income taxes	40,740	36,548	30,684	25,977	28,746	48,044
Tax rate	33.8%	36.2%	33.6%	35.4%	34.5%	39.2%
Minority interest	7,461	4,467	6,286	5,582	6,671	6,790
Earnings from continuing ops	73,688	61,552	54,822	42,326	48,064	67,837
Earnings from discontinued ops						189
Net income	73,688	61,552	54,822	42,326	48,064	68,026
Net margin	6.3%	6.1%	5.9%	4.5%	4.3%	5.9%

Basic EPS [+]	$58.67	$48.75	$43.11	$33.28	$37.68	$52.65
Growth	20.3%	13.1%	29.5%	-11.7%	-28.4%
Diluted EPS [+]	$58.67	$48.75	$43.11	$33.28	$37.68	$52.65
Growth	20.3%	13.1%	29.5%	-11.7%	-28.4%

Dividends per share [+]	$16.01	$14.02	$12.00	$14.00	$15.05	$13.02
Growth	14.2%	16.8%	-14.3%	-6.9%	15.5%

Shares outstanding (basic) [+]	1,256	1,263	1,272	1,272	1,276	1,288
Growth	-0.5%	-0.7%	0.0%	-0.3%	-1.0%
Shares outstanding (diluted) [+]	1,256	1,263	1,272	1,272	1,276	1,288
Growth	-0.5%	-0.7%	0.0%	-0.3%	-1.0%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.