DMG Mori Co., Ltd. Provided Earnings Guidance for the Year 2021; Provides Earnings Guidance for 2022
August 05, 2021 at 12:00 am EDT
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DMG Mori Co., Ltd. provided earnings guidance for the year 2021. For the full year, The company expects JPY 365 billion in sales and JPY 20 billion in operating profit, both of which are a little conservative.
The midterm profit outlook. It lowered the breakeven point in 2020, and it intends to keep the cost structure to achieve the record high operating profit in 2022. However, it also depends on how fast it can turn the order intake into sales revenue in 2022.
DMG MORI CO., LTD. is a Japan-based company mainly engaged in the provision of total solutions that include machine tools, software, measuring instruments, service support, applications and engineering. The Company operates in two segments. The Machine Tool segment is engaged in the manufacture and sale of machine tools such as machining centers, turning centers, compound processing equipment and 5-axis processing equipment. The Industrial Services segment is engaged in the provision of related services for machine tools, the manufacture and sale of measurement equipment, as well as the development and sale of software such as user interfaces, technology cycles and embedded software, and hardware such as image processing products.
DMG MORI CO., LTD. 
