Announcement • May 30
DMG Mori Co., Ltd. to Report Q2, 2026 Results on Aug 04, 2026 DMG Mori Co., Ltd. announced that they will report Q2, 2026 results on Aug 04, 2026 Declared Dividend • May 20
Dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 29th June 2026 Payment date: 14th September 2026 Dividend yield will be 286%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is not covered by earnings (243% earnings payout ratio) and the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 15% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 170% to bring the payout ratio under control. EPS is expected to grow by 161% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Announcement • Apr 22
DMG Mori Co., Ltd. to Report Q1, 2026 Results on May 01, 2026 DMG Mori Co., Ltd. announced that they will report Q1, 2026 results on May 01, 2026 Announcement • Feb 10
DMG Mori Co., Ltd., Annual General Meeting, Mar 27, 2026 DMG Mori Co., Ltd., Annual General Meeting, Mar 27, 2026. Announcement • Dec 03
DMG Mori Co., Ltd. to Report Fiscal Year 2025 Results on Feb 10, 2026 DMG Mori Co., Ltd. announced that they will report fiscal year 2025 results on Feb 10, 2026 Announcement • Oct 30
DMG Mori Co., Ltd. (TSE:6141) announces an Equity Buyback for 2,500,000 shares, representing 1.76% for ¥7,500 million. DMG Mori Co., Ltd. (TSE:6141) announces a share repurchase program. Under the program, the company will repurchase 2,500,000 shares, representing 1.76% of its share capital, for ¥7,500 million. The purpose of the program is to enhance shareholder returns and to execute a flexible capital policy in response to changes in the business environment The program is valid till February 28, 2026. Announcement • Mar 06
DMG Mori Co., Ltd. to Report Q1, 2025 Results on May 07, 2025 DMG Mori Co., Ltd. announced that they will report Q1, 2025 results on May 07, 2025 Announcement • Feb 05
DMG Mori Co., Ltd., Annual General Meeting, Mar 27, 2025 DMG Mori Co., Ltd., Annual General Meeting, Mar 27, 2025. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent External Director Eriko Kawai was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 03
DMG Mori Co., Ltd. to Report Fiscal Year 2024 Results on Feb 05, 2025 DMG Mori Co., Ltd. announced that they will report fiscal year 2024 results on Feb 05, 2025 Buy Or Sell Opportunity • Nov 05
Now 26% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to €15.30. The fair value is estimated to be €20.76, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 3.4% per annum. Earnings are also forecast to grow by 17% per annum over the same time period. Reported Earnings • Nov 03
Third quarter 2024 earnings released: EPS: JP¥16.72 (vs JP¥61.08 in 3Q 2023) Third quarter 2024 results: EPS: JP¥16.72 (down from JP¥61.08 in 3Q 2023). Revenue: JP¥124.2b (down 4.9% from 3Q 2023). Net income: JP¥2.37b (down 69% from 3Q 2023). Profit margin: 1.9% (down from 5.9% in 3Q 2023). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 17
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to €17.60. The fair value is estimated to be €22.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Buy Or Sell Opportunity • Oct 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 27% to €18.00. The fair value is estimated to be €22.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings are also forecast to grow by 13% per annum over the same time period. Buy Or Sell Opportunity • Sep 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to €19.50. The fair value is estimated to be €24.68, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Announcement • Aug 28
DMG Mori Co., Ltd. to Report Q3, 2024 Results on Nov 01, 2024 DMG Mori Co., Ltd. announced that they will report Q3, 2024 results on Nov 01, 2024 New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). Buy Or Sell Opportunity • Aug 05
Now 30% undervalued after recent price drop Over the last 90 days, the stock has fallen 40% to €17.10. The fair value is estimated to be €24.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 40%. For the next 3 years, revenue is forecast to grow by 4.2% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: JP¥57.01 (vs JP¥65.15 in 2Q 2023) Second quarter 2024 results: EPS: JP¥57.01 (down from JP¥65.15 in 2Q 2023). Revenue: JP¥135.2b (up 7.1% from 2Q 2023). Net income: JP¥8.03b (down 1.7% from 2Q 2023). Profit margin: 5.9% (down from 6.5% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jul 17
Now 24% overvalued Over the last 90 days, the stock has fallen 5.3% to €24.80. The fair value is estimated to be €19.97, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Jul 01
Now 23% overvalued The stock has been flat over the last 90 days, currently trading at €24.40. The fair value is estimated to be €19.86, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Jun 25
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 5.8% to €25.60. The fair value is estimated to be €20.75, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 17% over the last 3 years. Earnings per share has grown by 51%. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Reported Earnings • Apr 29
First quarter 2024 earnings released: EPS: JP¥49.05 (vs JP¥46.70 in 1Q 2023) First quarter 2024 results: EPS: JP¥49.05 (up from JP¥46.70 in 1Q 2023). Revenue: JP¥137.0b (up 11% from 1Q 2023). Net income: JP¥6.17b (up 5.2% from 1Q 2023). Profit margin: 4.5% (down from 4.8% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
DMG Mori Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024 DMG Mori Co., Ltd. provided consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company expects sales revenues of JPY 550,000 million, operating profit of JPY 58,500 million, profit attributable to owners of the parent of JPY 36,000 million and basic earnings per share of JPY 242.61. New Risk • Apr 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Share price has been volatile over the past 3 months (7.0% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding). New Risk • Apr 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 13% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by cash flows (155% cash payout ratio). Shareholders have been diluted in the past year (13% increase in shares outstanding). Declared Dividend • Apr 11
Final dividend of JP¥50.00 announced Shareholders will receive a dividend of JP¥50.00. Ex-date: 27th June 2024 Payment date: 9th September 2024 Dividend yield will be 205%, which is higher than the industry average of 2.6%. Sustainability & Growth Dividend is covered by earnings (48% earnings payout ratio) but not covered by cash flows (137% cash payout ratio). The dividend has increased by an average of 17% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 31% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Mar 23
DMG Mori Co., Ltd. to Report Q1, 2024 Results on May 07, 2024 DMG Mori Co., Ltd. announced that they will report Q1, 2024 results on May 07, 2024 Announcement • Mar 06
Dmg Mori Co., Ltd. Proposes Dividend for the Year Ending December 31, 2023 DMG Mori Co., Ltd. proposed dividend of JPY 50.00 for the year ending December 31, 2023 to the 76th Annual General Meeting of Shareholders that will be held on March 28, 2024. Record date December 31, 2023, Total amount of dividends ¥6,278 million, Effective date March 29, 2024, Source of dividends is Retained earnings. Reported Earnings • Feb 07
Full year 2023 earnings released: EPS: JP¥257 (vs JP¥189 in FY 2022) Full year 2023 results: EPS: JP¥257 (up from JP¥189 in FY 2022). Revenue: JP¥548.5b (up 16% from FY 2022). Net income: JP¥32.2b (up 36% from FY 2022). Profit margin: 5.9% (up from 5.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Jan 27
DMG Mori Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended December 31, 2023 DMG Mori Co., Ltd. revised consolidated earnings guidance for the fiscal year ended December 31, 2023. For the period, the company now expects sales revenues of JPY 538,000 million, operating profit of JPY 54,000 million, profit attributable to owners of the parent of JPY 33,900 million and basic earnings per share of JPY 256.19 compared to previous forecast for sales revenues of JPY 530,000 million, operating profit of JPY 53,000 million, profit attributable to owners of the parent of JPY 33,800 million and basic earnings per share of JPY 255.53. Upcoming Dividend • Dec 21
Upcoming dividend of JP¥40.00 per share at 3.0% yield Eligible shareholders must have bought the stock before 28 December 2023. Payment date: 29 March 2024. Payout ratio is a comfortable 48% but the company is paying out more than the cash it is generating. Trailing yield: 3.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.7%). Announcement • Dec 05
DMG Mori Co., Ltd. to Report Fiscal Year 2023 Results on Feb 05, 2024 DMG Mori Co., Ltd. announced that they will report fiscal year 2023 results on Feb 05, 2024 Reported Earnings • Oct 28
Third quarter 2023 earnings released: EPS: JP¥64.67 (vs JP¥42.08 in 3Q 2022) Third quarter 2023 results: EPS: JP¥64.67 (up from JP¥42.08 in 3Q 2022). Revenue: JP¥130.6b (up 14% from 3Q 2022). Net income: JP¥8.11b (up 54% from 3Q 2022). Profit margin: 6.2% (up from 4.6% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 3.5% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Sep 07
DMG Mori Co., Ltd. (TSE:6141) entered into a contract to acquire KURAKI Co., Ltd. from Kurabo Industries Ltd. (TSE:3106) for ¥4.5 billion. DMG Mori Co., Ltd. (TSE:6141) entered into a contract to acquire KURAKI Co., Ltd. from Kurabo Industries Ltd. (TSE:3106) for ¥4.5 billion on September 6, 2023. As per the transaction, DMG Mori Co., Ltd. will acquire 15.9 million shares of KURAKI Co., Ltd. As of March 20, 2023, KURAKI Co., Ltd. generated net assets of ¥4.9 billion. The transaction is expected to close on October 31, 2023. Buying Opportunity • Aug 08
Now 20% undervalued Over the last 90 days, the stock is up 6.1%. The fair value is estimated to be €19.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 73%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings is also forecast to grow by 13% per annum over the same time period. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: JP¥72.18 (vs JP¥43.57 in 2Q 2022) Second quarter 2023 results: EPS: JP¥72.18 (up from JP¥43.57 in 2Q 2022). Revenue: JP¥126.3b (up 14% from 2Q 2022). Net income: JP¥9.05b (up 66% from 2Q 2022). Profit margin: 7.2% (up from 4.9% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥40.00 per share at 3.2% yield Eligible shareholders must have bought the stock before 29 June 2023. Payment date: 11 September 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.8%). Reported Earnings • May 12
First quarter 2023 earnings released: EPS: JP¥50.18 (vs JP¥46.66 in 1Q 2022) First quarter 2023 results: EPS: JP¥50.18 (up from JP¥46.66 in 1Q 2022). Revenue: JP¥123.2b (up 15% from 1Q 2022). Net income: JP¥6.30b (up 7.9% from 1Q 2022). Profit margin: 5.1% (down from 5.4% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Reported Earnings • Apr 02
Full year 2022 earnings released: EPS: JP¥203 (vs JP¥91.75 in FY 2021) Full year 2022 results: EPS: JP¥203 (up from JP¥91.75 in FY 2021). Revenue: JP¥474.8b (up 20% from FY 2021). Net income: JP¥25.4b (up 122% from FY 2021). Profit margin: 5.4% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 09
Full year 2022 earnings released: EPS: JP¥189 (vs JP¥91.75 in FY 2021) Full year 2022 results: EPS: JP¥189 (up from JP¥91.75 in FY 2021). Revenue: JP¥483.4b (up 22% from FY 2021). Net income: JP¥23.6b (up 107% from FY 2021). Profit margin: 4.9% (up from 2.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.3% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥40.00 per share Eligible shareholders must have bought the stock before 29 December 2022. Payment date: 23 March 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (2.8%). Announcement • Dec 06
DMG Mori Co., Ltd. to Report Fiscal Year 2022 Results on Feb 08, 2023 DMG Mori Co., Ltd. announced that they will report fiscal year 2022 results on Feb 08, 2023 Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: JP¥42.08 (vs JP¥26.05 in 3Q 2021) Third quarter 2022 results: EPS: JP¥42.08 (up from JP¥26.05 in 3Q 2021). Revenue: JP¥114.8b (up 20% from 3Q 2021). Net income: JP¥5.28b (up 63% from 3Q 2021). Profit margin: 4.6% (up from 3.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). Independent External Director Hiroko Watanabe was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 09
Third quarter 2022 earnings released: EPS: JP¥42.09 (vs JP¥26.05 in 3Q 2021) Third quarter 2022 results: EPS: JP¥42.09 (up from JP¥26.05 in 3Q 2021). Revenue: JP¥116.6b (up 21% from 3Q 2021). Net income: JP¥5.28b (up 63% from 3Q 2021). Profit margin: 4.5% (up from 3.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: JP¥43.57 (vs JP¥30.17 in 2Q 2021) Second quarter 2022 results: EPS: JP¥43.57 (up from JP¥30.17 in 2Q 2021). Revenue: JP¥110.9b (up 14% from 2Q 2021). Net income: JP¥5.46b (up 45% from 2Q 2021). Profit margin: 4.9% (up from 3.9% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 9.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥30.00 per share Eligible shareholders must have bought the stock before 29 June 2022. Payment date: 12 September 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 3.3%. Lower than top quartile of German dividend payers (4.4%). Higher than average of industry peers (2.7%). Reported Earnings • May 15
First quarter 2022 earnings released: EPS: JP¥50.15 (vs JP¥10.38 in 1Q 2021) First quarter 2022 results: EPS: JP¥50.15 (up from JP¥10.38 in 1Q 2021). Revenue: JP¥107.3b (up 32% from 1Q 2021). Net income: JP¥6.27b (up 387% from 1Q 2021). Profit margin: 5.8% (up from 1.6% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 11%, compared to a 11% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Board Change • Apr 28
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 9 experienced directors. 2 highly experienced directors. 4 independent directors (6 non-independent directors). Independent External Director Hiroko Watanabe was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Feb 27
DMG Mori Co., Ltd. to Report Q1, 2022 Results on May 12, 2022 DMG Mori Co., Ltd. announced that they will report Q1, 2022 results on May 12, 2022 Announcement • Feb 13
DMG Mori Co., Ltd. Announces Dividend for the Year Ended December 31, 2021, Payable on March 23, 2022; Provides Dividend Guidance for the Second Quarter of the Year Ending December 31, 2022 DMG Mori Co., Ltd. announced dividend for the year ended December 31, 2021 of JPY 30.00 per share against JPY 10.00 per share paid for the same period a year ago. Estimated starting date of dividend payment is March 23, 2022.The company provided dividend guidance for the second quarter of the year ending December 31, 2022. For the quarter, the company expects dividend of JPY 30.00 per share against JPY 10.00 per share paid for the same period a year ago. Reported Earnings • Feb 11
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Full year 2021 results: EPS: JP¥108 (up from JP¥3.40 in FY 2020). Revenue: JP¥396.0b (up 21% from FY 2020). Net income: JP¥13.5b (up JP¥13.0b from FY 2020). Profit margin: 3.4% (up from 0.1% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 16%, compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Feb 11
DMG Mori Co., Ltd., Annual General Meeting, Mar 22, 2022 DMG Mori Co., Ltd., Annual General Meeting, Mar 22, 2022. Upcoming Dividend • Dec 22
Upcoming dividend of JP¥20.00 per share Eligible shareholders must have bought the stock before 29 December 2021. Payment date: 30 March 2022. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (3.3%). Higher than average of industry peers (1.2%). Reported Earnings • Nov 06
Third quarter 2021 earnings released: EPS JP¥38.77 (vs JP¥15.26 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥96.0b (up 20% from 3Q 2020). Net income: JP¥4.84b (up 157% from 3Q 2020). Profit margin: 5.0% (up from 2.4% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Announcement • Sep 09
DMG Mori Co., Ltd. Provides Consolidated Earnings Guidance for the Year Ending December 31, 2021 DMG Mori Co., Ltd. provided consolidated earnings guidance for the year ending December 31, 2021. For the year, the company expects sales revenues of JPY 365,000 million. Operating profit is expected to be JPY 20,000 million. Profit attributable to owners of the parent is expected to be JPY 11,000 million. Basic earnings per share is expected to be JPY 71.32. Upcoming Dividend • Jun 22
Upcoming dividend of JP¥10.00 per share Eligible shareholders must have bought the stock before 29 June 2021. Payment date: 18 September 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (1.1%). Reported Earnings • May 14
First quarter 2021 earnings released: EPS JP¥14.59 (vs JP¥1.13 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: JP¥81.1b (down 7.0% from 1Q 2020). Net income: JP¥1.81b (up JP¥1.95b from 1Q 2020). Profit margin: 2.2% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • May 12
DMG Mori Co., Ltd. Revises Earnings Guidance for the Fiscal Year 2021 DMG Mori Co., Ltd. revised earnings guidance for the fiscal year 2021. For the year, the company revised sales revenue guidance to JPY 345 billion from the previous guidance of JPY 330 billion. Operating Profit guidance to JPY 14 billion from the previous guidance of JPY 11 billion. Earnings before Income Taxes guidance to JPY 9.5 billion from the previous guidance of JPY 6.5 billion. Net profit attributable to the owners of the parent guidance to JPY 6.0 billion from the previous guidance of JPY 4.0 billion. Announcement • Feb 14
DMG Mori Co., Ltd., Annual General Meeting, Mar 29, 2021 DMG Mori Co., Ltd., Annual General Meeting, Mar 29, 2021. Reported Earnings • Feb 14
Full year 2020 earnings released: EPS JP¥14.15 (vs JP¥139 in FY 2019) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥328.3b (down 32% from FY 2019). Net income: JP¥1.75b (down 90% from FY 2019). Profit margin: 0.5% (down from 3.5% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 14
Revenue misses expectations Revenue missed analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 15%, compared to a 5.0% growth forecast for the Machinery industry in Germany. Announcement • Feb 13
DMG Mori Co., Ltd. Revises Earnings Guidance for the Year Ending December 31, 2020 DMG Mori Co., Ltd. revised earnings guidance for the year ending December 31, 2020. For the year, the company expected sales revenue of JPY 328,283 million compared with previous guidance of JPY 330,000 a year ago. Operating income of JPY 10,674 million compared with previous guidance of JPY 10,000 a year ago. Income attributable to owners of the parent of JPY 1,745 million compared with previous guidance of JPY 1,500 million a year ago. Basic earnings per share of JPY 3.40 compared with previous guidance of JPY 1.64 a year ago. Is New 90 Day High Low • Feb 12
New 90-day high: €13.60 The company is up 13% from its price of €12.00 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.48 per share. Is New 90 Day High Low • Jan 20
New 90-day high: €13.50 The company is up 13% from its price of €12.00 on 22 October 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Machinery industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €28.15 per share. Upcoming Dividend • Dec 22
Upcoming Dividend of JP¥10.00 Per Share Will be paid on the 25th of March to those who are registered shareholders by the 29th of December. The trailing yield of 1.2% is below the top quartile of German dividend payers (3.5%), and is lower than industry peers (1.8%). Announcement • Dec 05
DMG Mori Co., Ltd. to Report Fiscal Year 2020 Results on Feb 12, 2021 DMG Mori Co., Ltd. announced that they will report fiscal year 2020 results at 3:25 PM, GMT Standard Time on Feb 12, 2021 Is New 90 Day High Low • Nov 26
New 90-day high: €13.10 The company is up 26% from its price of €10.40 on 28 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €23.92 per share.