During Kubota’s FY22 earnings call, Kubota President and Representative Director Yuichi Kitao addressed the company’s goal of moving more production overseas. 

“In the long term, we will promote the transfer of production overseas with the single goal of reducing the 70% production ratio in Japan — while at the same time mitigating geopolitical supply chain risks — with an overseas production ratio of 50%.

“Last year we transferred production of some models of our compact…