DMG Mori (6141) investor relations material

Executive summary

• Orders for FY2025 increased 6% to JPY 523.4 billion, with strong recovery in Q4 and robust demand in EMEA, the Americas, and India, especially from aviation, space, defense, and high-tech sectors; average machine order price rose to JPY 79.6 million.

• Revenue for FY2025 was JPY 515.0 billion, down 4.8% year-over-year, with EBITDA and EBIT margins declining due to lower sales and increased costs.

• Net profit attributable to owners rose to JPY 24.0 billion, up 212.1%, aided by JPY 17.2 billion in insurance proceeds and gains from discontinued operations.

• Major sustainability initiatives included expanded solar power at Iga Campus, joining RE100, enhanced ESG efforts, and recognition for health and productivity management.

• Planned dividend per share increased to JPY 105.

Financial highlights

• EBITDA for FY2025 was JPY 53.6 billion (10.4% margin), down from JPY 75.2 billion (13.9%) in FY2024.

• EBIT dropped to JPY 19.0 billion (3.7% margin) from JPY 43.7 billion (8.1%) year-over-year.

• Comprehensive income more than doubled to JPY 48.4 billion.

• Operating free cash flow for FY2025 was a surplus of JPY 14.8 billion, with a similar surplus forecast for FY2026.

• Net D/E ratio remained low at 0.23, with a focus on capex savings and inventory reduction.

Outlook and guidance

• FY2026 revenue forecast is JPY 535.0 billion (+3.9%), with EBITDA of JPY 59.5 billion (11.1% margin) and EBIT of JPY 22.5 billion (4.2% margin).

• EAT/profit attributable to owners is projected at JPY 10.5 billion, and dividend per share is maintained at JPY 105.

• Order intake expected to continue recovering, driven by high-tech and precision industries.

• Order backlog at end of FY2025 was JPY 240.0 billion, expected to support FY2026 sales.