DMG Mori Co., Ltd. announced that although the year-end dividend was planned to be flexible at between JPY 10 and JPY 20 per share, it has now been set at JPY 10 per share. The company recognize that demand for machine tools has bottomed out and as for dividend policy, it is aiming for a stable dividend and a dividend payout ratio of about 30%, and it will aim to increase the dividend in proportion to recovering business performance in the future.
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.