February 24, 2023
On February 8, DMG MORI announced its financial results for the fiscal year ending December 31, 2022. Consolidated orders received increased 18.9% year-on-year to 542.4 billion yen, surpassing the 531.2 billion yen received in 2018 and reaching a record high. Due to an increase in orders for 5-axis and multi-tasking machines, automation, and digital transformation, the unit value per order increased to 49.8 million yen from 39.4 million yen in 2021, resulting in an increase in the total value of orders.
The company applies International Financial Reporting Standards (IFRS). Revenue increased 19.9% YoY to 474.8 billion yen, operating income increased 78.7% YoY to 41.2 billion yen, and net income increased 88.7% YoY to 25.4 billion yen.
The company plans to receive orders of 500 billion yen this year, a decrease of 7.8% YoY. “Our company is well-balanced with diversification in all aspects of orders: by region, by customer industry, and by customer size,” commented Dr. Masahiko Mori, President of DMG MORI. “We expect orders to continue to increase in stable, profitable segments such as spare parts-services and group companies, and 500 billion yen is well within reach”.
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