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DMG MORI surges for sixth straight session on raised fiscal 2026 earnings forecast amid strong orders
DMG MORI CO., LTD. <6141> surged significantly, extending its winning streak to six sessions. The company revised its full-year earnings forecast for the fiscal year ending December 2026 after the close of trading on the 1st, alongside the announcement of its first-quarter (January-March) consolidated financial results. DMG MORI raised its full-year sales 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). Buying intensified on positive assessment of the company's business conditions. The revision also incorporated a review of assumed exchange rates, reflecting expanding orders globally and the continued yen weakness against the euro.
For the January-March quarter, sales increased 18.9% year-on-year to 135.531 billion yen, while net income rose 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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