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DMG MORI raises fiscal 2026 earnings forecast on strong global orders
DMG MORI CO., LTD. <6141> revised its full-year earnings forecast after the market close on the 1st, coinciding with the announcement of its consolidated financial results for the first quarter (January-March) of fiscal year ending December 2026. The company raised its full-year revenue forecast by 30 billion yen from the previous outlook to 565 billion yen (up 9.7% year-on-year), and increased its net income forecast by 4.5 billion yen to 15 billion yen (down 37.6% year-on-year). The revision reflects the expansion of orders globally, as well as the impact of a revised foreign exchange rate assumption following the continued depreciation of the yen against the euro.
For the January-March quarter, revenue rose 18.9% year-on-year to 135.531 billion yen, while net income increased 8.9-fold to 1.488 billion yen.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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