FY2019 Third Quarter Results and Outlook (PDF: 3,694 kB)

DMG MORI CO., LTD.

FY 2019 Q3 (Jan-Sep) Results

St

IR Announcement

November 7, 2019

Agenda

1. Q3 Financial Summary
2. Business Environment
3. Key Activities
4. • EMO (September)
   • Expansion of Automation Lineup
   • Progress of Digitization
   • Additive Manufacturing
   • Strenghtening Cooperation with Customers

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The highlights of Q3 2019

• Jan-Sepconsolidated order intake JPY 321.1 bn. (-22%year-on-year)
• Jan-Sepsales JPY 349.3 bn. (-1%y-o-y); operating profit JPY 28.6 bn. (+22% y-o-y)
• Promotion of Automation & Digitization at EMO 2019 (September)
• Order intake value/machine +6% (y-o-y) by 5-axis,Multi-axis and systems
• Order intake for service & spare parts continue growing (+7% y-o-y)
• "my DMG MORI" - web-based information sharing to better connect with customers
• Transition to full build-to-order manufacturing system
• Revised full-year forecast: Sales JPY 485.0 bn. (from JPY 500.0 bn.); operating profit JPY 37.0 bn. (from JPY 36.0 bn.)
• Jan-Sepfree cash flows JPY 6.4 bn.;

net-debt around JPY 75.0 bn. at year end (JPY 82.8 bn. at end of FY2018)

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Income Statement Summary

（JPY bn）

Company-wide order intake

Sales revenue

Operating profit

% to sales revenue

Q3 (Jan-Sep)	Changes

2018 2019 （%）

412.2 321.1 -22.1

353.2 349.3 -1.1

23.5

28.6

+21.9

6.7％ 8.2%

Full year (Jan-Dec)

FY2018 FY2019 E 2019 E Revised Original

531.2 ー ー

501.2 485.0 500.0

36.3 37.0 36.0

7.2％ 7.6% 7.2%

Net financial costs

(thereof, economic compensation associated with DA)

Profit before taxes

Net profit

Net profit attributable to owners

Depreciation & amortization with lease

D&A without lease

Capital expenditure

USD/JPY

EUR/JPY

-3.6	-4.4			-5.2	-6.0	-6.0
(-1.6)	(-2.6)			(-2.5)	(-3.5)	(-3.5)
20.1	24.2	+20.5		31.3	31.0	30.0
13.7	15.6	+14.0		19.4	20.5	20.0
13.4	15.3	+14.4		18.5	19.5	19.0
－	16.8			ー	23.3	23.3
13.5	13.0			18.5	18.5	18.5
10.0	14.8			19.3	19.0	19.0
109.6	109.2			110.4	109.0	110.0
131.0	122.7			130.4	122.0	122.2

2019 Q4： USD/JPY:110, EUR/JPY:120

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Quarterly financial results

						2019 Q3	YoY
(JPY bn)			148.0		Sales	-6.2%	(JPY bn)
150.0							15.0
					OP	+10.4%
	Sales (left-axis)	121.4		12.8	120.6
	118.0		118.1
	113.8				110.7
					10.4
		9.7
100.0					9.6		10.0
							8.6
	OP		7.7
	(right-axis)
	6.1
50.0								5.0
OP margin	5.4	8.0	6.6	8.6	8.6	8.1	7.7
%	%	%	%	%	%	%
0.0								0.0
	2018Q1	Q2	Q3	Q4	2019Q1	Q2	Q3
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