DMG Mori Co Ltd
TSE:6141
DMG Mori Co Ltd
In the precision-driven world of machine tools, DMG Mori Co., Ltd. stands as a formidable name, weaving a legacy that began when its founding entities merged in 2009 to harness their collective strengths. Born from the amalgamation of Germany's DMG and Japan's Mori Seiki, the company embodies a blend of German engineering excellence and Japanese manufacturing precision. This synergy has propelled DMG Mori to the forefront of the industry, allowing it to cater to diverse industrial sectors such as automotive, aerospace, and energy. By offering an extensive portfolio of high-tech, computer-controlled metalworking machinery, the company provides tailored solutions that range from lathes to milling machines and advanced integrated manufacturing systems. The expertise and innovation infused in these products enable DMG Mori’s clients to optimize production efficiency and precision, essential for maintaining competitive edges in their respective fields.
Beyond just selling machinery, DMG Mori generates revenue by adopting a holistic approach to customer service and product lifecycle management. The company has embraced digital transformation through its "Digital Factory" initiative, integrating software solutions that enable predictive maintenance and smart data analysis, ensuring the longevity and efficiency of their machines. This adds value for customers and aligns with rising demand for intelligent manufacturing. Additionally, DMG Mori offers comprehensive training, spare part supply chains, and financing support which fosters long-term partnerships with clients, creating recurring income streams. By effectively combining cutting-edge technology with world-class service, DMG Mori not only sells equipment but embeds itself into the operational fabric of modern manufacturing enterprises, thus ensuring its own sustained growth and influence in the global machine tool market.
In the precision-driven world of machine tools, DMG Mori Co., Ltd. stands as a formidable name, weaving a legacy that began when its founding entities merged in 2009 to harness their collective strengths. Born from the amalgamation of Germany's DMG and Japan's Mori Seiki, the company embodies a blend of German engineering excellence and Japanese manufacturing precision. This synergy has propelled DMG Mori to the forefront of the industry, allowing it to cater to diverse industrial sectors such as automotive, aerospace, and energy. By offering an extensive portfolio of high-tech, computer-controlled metalworking machinery, the company provides tailored solutions that range from lathes to milling machines and advanced integrated manufacturing systems. The expertise and innovation infused in these products enable DMG Mori’s clients to optimize production efficiency and precision, essential for maintaining competitive edges in their respective fields.
Beyond just selling machinery, DMG Mori generates revenue by adopting a holistic approach to customer service and product lifecycle management. The company has embraced digital transformation through its "Digital Factory" initiative, integrating software solutions that enable predictive maintenance and smart data analysis, ensuring the longevity and efficiency of their machines. This adds value for customers and aligns with rising demand for intelligent manufacturing. Additionally, DMG Mori offers comprehensive training, spare part supply chains, and financing support which fosters long-term partnerships with clients, creating recurring income streams. By effectively combining cutting-edge technology with world-class service, DMG Mori not only sells equipment but embeds itself into the operational fabric of modern manufacturing enterprises, thus ensuring its own sustained growth and influence in the global machine tool market.
Order Intake Surge: DMG Mori reported order intake of JPY 340.3 billion for January–September 2021, up 65% year-on-year, and Q3 intake of JPY 122 billion, up 72% year-on-year.
Raised Guidance: Full-year forecasts for order intake, sales revenue, and profits were raised again, with 2021 order intake now expected at JPY 450 billion or more and sales revenue at JPY 380 billion.
Profitability Improvement: Operating profit rose to JPY 16.7 billion, with Q3 operating margin hitting 6.8%. Management aims for 10% or higher operating margin in the near future.
Strong Regional Demand: The U.S., Europe (except Germany), and Japan showed strong order growth, while China and Germany remained stable.
Cost & Supply Headwinds: Rising material and logistics costs, as well as longer delivery times for automation solutions, are noted as challenges for 2022 and 2023.
Focus on Digitization & Automation: DMG Mori is advancing automation, digital services, and sustainability, including carbon neutrality for Scope 1 and 2 in 2021 and aiming for Scope 3.
Dividend Increase: The annual dividend will rise to JPY 30 per share.
