DMG Mori (6141) Q3 2025 earnings summary

Executive summary

• Consolidated order intake for Jan–Sep 2025 was JPY 381.9 bn, flat year-over-year, with Q3 orders up 16% from the prior year and 4% sequentially.

• Sales revenue for Jan–Sep 2025 was JPY 343.1 bn, down 11.6% year-over-year; EBIT fell 61.5% to JPY 11.5 bn, with a margin of 3.4%.

• Net profit (EAT) surged to JPY 21.0 bn, mainly due to insurance proceeds from the Russian plant seizure, marking a significant turnaround from a loss in the prior year.

• New product launches and sustainability initiatives, including expanded solar power at Iga and joining RE100, were highlighted.

Financial highlights

• Average machine order price per unit rose 11% to JPY 79.0 mil; large-sized machine orders and improved discount rates contributed.

• MRO, spare parts, and engineering orders for Jan–Sep were JPY 92.8 bn, 24% of consolidated orders.

• Machine order backlog at end-September was JPY 254.0 bn, up from JPY 218.0 bn at FY2024 year-end.

• EBITDA for Jan–Sep 2025 was JPY 36.5 bn, down 31% year-over-year; EBITDA margin at 10.6%.

• Basic earnings per share for the nine months was JPY 137.86, compared to a loss per share of JPY 5.21 in the prior year.

Outlook and guidance

• Full-year FY2025 sales forecast revised to JPY 505.0 bn (down 6.6% year-over-year), EBIT to JPY 18.0 bn (down 58.8%), and net profit to JPY 22.0 bn, with dividend per share projected at 105 yen.

• FY2026 forecasts for order intake and profits will be disclosed with full-year 2025 results in Feb 2026.