Kubota Management

Management criteria checks 4/4

Kubota's CEO is Ken Kitao, appointed in Jan 2020, has a tenure of 4.25 years. total yearly compensation is ¥291.00M, comprised of 34.4% salary and 65.6% bonuses, including company stock and options. directly owns 0.011% of the company’s shares, worth €2.01M. The average tenure of the management team and the board of directors is 5.1 years and 3.6 years respectively.

Key information

Ken Kitao

Chief executive officer

JP¥291.0m

Total compensation

CEO salary percentage	34.4%
CEO tenure	4.3yrs
CEO ownership	0.01%
Management average tenure	5.1yrs
Board average tenure	3.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Ken Kitao's remuneration changed compared to Kubota's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	JP¥291m	JP¥100m	JP¥238b
Sep 30 2023	n/a	n/a	JP¥205b
Jun 30 2023	n/a	n/a	JP¥194b
Mar 31 2023	n/a	n/a	JP¥176b
Dec 31 2022	n/a	n/a	JP¥156b
Sep 30 2022	n/a	n/a	JP¥162b
Jun 30 2022	n/a	n/a	JP¥164b
Mar 31 2022	n/a	n/a	JP¥173b
Dec 31 2021	JP¥213m	JP¥89m	JP¥176b
Sep 30 2021	n/a	n/a	JP¥179b
Jun 30 2021	n/a	n/a	JP¥172b
Mar 31 2021	n/a	n/a	JP¥160b
Dec 31 2020	JP¥212m	JP¥102m	JP¥129b

Compensation vs Market: Ken's total compensation ($USD1.85M) is below average for companies of similar size in the German market ($USD5.58M).

Compensation vs Earnings: Ken's compensation has been consistent with company performance over the past year.

CEO

Ken Kitao (67 yo)

4.3yrs

Tenure

JP¥291,000,000

Compensation

Mr. Yuichi Kitao, also known as Ken, has been the President at Kubota Corporation since January 1, 2020 and its Representative Director since January 01, 2019. Mr. Kitao served as General Manager of Innova...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Yuichi Kitao	President & Representative Director	4.3yrs	JP¥291.00m	0.011% ¥ 2.0m
Masato Yoshikawa	Executive VP	6.3yrs	JP¥144.00m	0.0064% ¥ 1.1m
Dai Watanabe	Executive VP	5.3yrs	JP¥140.00m	0.0077% ¥ 1.4m
Shingo Hanada	Senior Managing Executive Officer & Director	no data	JP¥105.00m	0.00068% ¥ 120.8k
Kazuhiro Kimura	Sr. Managing Executive Officer and GM of Corporate Compliance	5.1yrs	no data	no data
Yuji Tomiyama	Sr Mgmt Exec Officer & Dep GM of Farm & Industrial Machinery Consolidated Div. & Innovation Center	no data	no data	no data
Kazunari Shimokawa	Managing Executive Officer & GM of Agricultural Implement Division	no data	no data	no data
Nobuyuki Ishii	Managing Executive Officer of KBT	no data	no data	no data
Ryuichi Minami	Managing Executive Officer and Deputy GM of ASEAN Farm & Industrial Machinery Strategy and Ope. HQ	no data	no data	no data
Yoshimitsu Ishibashi	Managing Executive Officer & GM of Tractor Division	no data	no data	no data
Eiji Yoshioka	Sr. MEO	4.3yrs	no data	0.0028% ¥ 499.4k
Yasukazu Kamada	Managing Executive Officer and President of Kubota Holdings Europe B.V. & Kverneland AS	no data	no data	no data

5.1yrs

Average Tenure

65yo

Average Age

Experienced Management: KUOA's management team is seasoned and experienced (5.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Yuichi Kitao	President & Representative Director	9.8yrs	JP¥291.00m	0.011% ¥ 2.0m
Masato Yoshikawa	Executive VP	7.1yrs	JP¥144.00m	0.0064% ¥ 1.1m
Dai Watanabe	Executive VP	5.1yrs	JP¥140.00m	0.0077% ¥ 1.4m
Shingo Hanada	Senior Managing Executive Officer & Director	less than a year	JP¥105.00m	0.00068% ¥ 120.8k
Eiji Yoshioka	Sr. MEO	1.1yrs	no data	0.0028% ¥ 499.4k
Hiroto Kimura	GM of R&D HQ	2.1yrs	no data	0.0027% ¥ 483.4k
Yutaro Shintaku	Independent Outside Director	6.1yrs	no data	0.0010% ¥ 181.3k
Yasuhiko Hiyama	Full Time Audit & Supervisory Board Member	6.1yrs	no data	0.0020% ¥ 362.5k
Yuichi Yamada	Outside Audit & Supervisory Board Member	4.1yrs	no data	0.00043% ¥ 76.4k
Kumi Arakane	Independent Outside Director	3.1yrs	no data	0.00077% ¥ 136.8k
Yuri Furusawa	Outside Audit & Supervisory Board Member	3.1yrs	no data	0.00034% ¥ 60.4k
Koichi Kawana	Independent Outside Director	less than a year	no data	0.00017% ¥ 30.2k

3.6yrs

Average Tenure

65yo

Average Age

Experienced Board: KUOA's board of directors are considered experienced (3.6 years average tenure).

Kubota Management

Management criteria checks 4/4

Key information

Recent management updates

Kubota Corporation, Annual General Meeting, Mar 22, 2024

Kubota Corporation Announces Resignation of Koichi Ina as Director

Kubota Corporation, Annual General Meeting, Mar 24, 2023

Less than half of directors are independent

Kubota Corporation, Annual General Meeting, Mar 18, 2022

Kubota Corporation, Annual General Meeting, Mar 18, 2022

Recent updates

Kubota Corporation (TSE:6326) announces an Equity Buyback for 17,000,000 shares, representing 1.44% for ¥30,000 million.

Kubota Corporation to Report Q1, 2024 Results on May 10, 2024

Kubota Corporation, Annual General Meeting, Mar 22, 2024

Kubota Corporation Announces Resignation of Koichi Ina as Director

Kubota Corporation to Report Fiscal Year 2023 Results on Feb 14, 2024

Kubota Corporation to Report Q3, 2023 Results on Nov 08, 2023

Kubota Corporation (TSE:6326) announces an Equity Buyback for 6,000,000 shares, representing 0.51% for ¥10,000 million.

Kubota Corporation to Report Q2, 2023 Results on Aug 04, 2023

Kubota Corporation Provides Earnings Guidance for the Six Months Ending June 30, 2023 and Year Ending December 31, 2023

Kubota Corporation, Annual General Meeting, Mar 24, 2023

Kubota Corporation Provides Earnings Guidance for the Six Months Ending June 30, 2023 and Year Ending December 31, 2023

Kubota Corporation to Report Fiscal Year 2022 Results on Feb 14, 2023

Kubota Corporation Provides Earnings Guidance for the Full Year Ending December 31, 2022

Kubota Corporation Provides Dividend Guidance for the Year Ending December 31, 2022

Kubota Corporation to Report Q3, 2022 Results on Nov 09, 2022

Kubota Corporation to Report Q2, 2022 Results on Aug 03, 2022

Less than half of directors are independent

Kubota Corporation (TSE:6326) announces an Equity Buyback for 11,500,000 shares, representing 0.96% for ¥20,000 million.

Kubota Corporation to Report Q1, 2022 Results on May 02, 2022

Kubota Corporation, Annual General Meeting, Mar 18, 2022

Kubota Corporation, Annual General Meeting, Mar 18, 2022

Kubota Corporation (TSE:6326) completed the acqusiition of AgJunction Inc. (TSX:AJX) from officers and directors of AgJunction Inc., IGC Holding LP and others.

Kubota Reportedly in Talks with Promoters of Escorts Limited to Increase Its Stake

Kubota Corporation Provides Earnings Guidance for the Six Months Ending June 30, 2021 and Year Ending December 31, 2021

Kubota Corporation (TSE:6326) announces an Equity Buyback for 11,000,000 shares, representing 0.91% for ¥20,000 million.

Kubota Corporation, Annual General Meeting, Mar 19, 2021

Kubota Corporation to Report Fiscal Year 2020 Results on Feb 15, 2021

Kubota Corporation Announces Executive Changes

Agjunction, Inc. and Novariant, Inc. Announces Final Settlement of the Patent Infringement Lawsuit Filed Against Kubota Corporation

Kubota Corporation to Report Q3, 2020 Results on Nov 05, 2020

Escorts Limited Announces A Joint Venture Company with Kubota Corporation

Kubota Corporation (TSE:6326) agreed to acquire remaining 40% stake in Kubota Agricultural Machinery India Private Limited from Sumitomo Corporation (TSE:8053).

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age