Slides
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DMG MORI CO., LTD. FY2025 3rd Quarter (Jan-Sep) Results IR Announcement October 30, 2025 0
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IR CONFERENCE 2025/10/30 1 PresenterAgenda President Dr. Mori1. FY2025 3Q (Jan-Sep) Financial Summary President Dr. Mori2. Business Environment 3. DMG MORI’s Activities EMO2025 Review • World Premieres & Automation • Software-Defined Machine Tools（SDMT) • Business Environment in Europe DX: New ERP-System, Status of Tulip Implementation Sustainability • Joining the RE100 Initiative • Operator Education Next Generation NLX Development Office Mr. Hiei, Executive Officer Mr. Katsura, Executive Officer Mr. Diederich Director Ms. Bader Senior Deputy Director Dr. Mori Executive Officer Dr. Neun Managing Executive Officer Dr. Ota Sustainability Promotion Department Mr. Yuki Senior Executive Officer Ms. Hatano
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Highlights IR CONFERENCE 2025/10/30 2 Average machine order price per unit: JPY 79.0 mil. (FY2024: JPY 71.0 mil. / +11%), EUR 477 thousand (FY2024: EUR 433 thousand / +10%) Large-sized machine orders and improvement in discount rates as well as MX strategy contributed positively Consolidated order intake (accumulated Jan-Sep): JPY 381.9 bn. (same level as FY2024 Jan-Sep) Consolidated order intake (Jul-Sep): JPY 133.3 bn. (+16% from FY2024 Jul-Sep, +4% from FY2025 Apr-Jun) Machine order backlog at the end of September: JPY 254.0 bn. (end of FY2024: JPY 218.0 bn.) Revision of full-year forecast : Sales JPY 505.0 bn. (FY2024: 540.9 bn.), EBIT JPY 18.0 bn. (FY2024: 43.7 bn.), EAT JPY 22.0 bn. (FY2024: 7.7 bn.), Dividend per share 105 yen (FY2024: 100 yen) Global delivery disruptions: ① Delayed shipping and customer acceptance due to negotiations on U.S. tariffs ② Shipment delays due to implementation of newly introduced CNC units from European suppliers ③ Especially in Europe, longer review periods for export licenses due to changing economic security environment FY2025 Jan-Sep: Sales revenue JPY 343.1 bn. (-11.6% y-o-y), EBIT 11.5 bn. (-61.5% y-o-y), EBIT margin 3.4% (FY2024 Jan-Sep: 7.7%) EAT 21.0 bn. (FY2024 Jan-Sep: 0.6 bn.), EAT margin 6.1% (Insurance coverage for the seizure of our Russian plant received) Order intake for MRO (Maintenance/Repair/Overhaul), Spare parts, Engineering (Jan-Sep): JPY 92.8 bn. (same level as 2Q, 24% of cons. orders) For Jul-Sep: JPY 33.0 bn. (+11% from FY2024 Jul-Sep, +12% from FY2025 Apr-Jun, 25% of cons. orders)
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FY2025 3Q (Jan - Sep) Financial Results Summary IR CONFERENCE 2025/10/30 3 Changes （%） 2025 Plan (revised)FY2024Changes （%） FY2025 Jan – Sep FY2024 Jan – Sep（JPY bn.） +3.8515.0496.0+0.1381.9381.5Consolidated order intake 225.0218.0254.0249.0Order backlog -6.6505.0540.9-11.6343.1388.0Sales revenue -30.952.075.2-31.036.553.0EBITDA 10.3%13.9%10.6%13.6%EBITDA margin -58.818.043.7-61.511.530.0EBIT 3.6%8.1%3.4%7.7%EBIT margin 5.023.14.215.8EAT from continued operations 16.9*-15.116.9*-15.1Profit or loss from discontinued operations in the Russian manufacturing company 2.9x22.07.721.00.6EAT (Net profit attributable to owners of the parent) 1051005050Dividend per share (Yen) *interim for Jan -Sep 34.031.525.023.0Depreciation & amortization including leasing 30.043.817.725.0Capital expenditure 30.031.422.922.3R&D expenditure **149151.6148.2151.3USD/JPY 167164.0165.6164.4EUR/JPY (3rd quarter) (Full-year) *EUR 91.8 mil. (JPY 15.1 bn. | EUR/JPY=164.0 ) loss from the expropriation of our Russian manufacturing company (Ulyanovsk Machine Tools) by the Russian government was recognized in FY 2024 1Q (Jan-Mar).In Sep 2025, the Company received proceeds from foreign trade insurance of approx. EUR 102 million from the German government. **Assumed FX rate in 4Q: USD/JPY = 150, EUR/JPY = 170
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123.2 126.3 130.6 159.3 132.9 130.9 124.2 153.0 114.0 113.5 115.6 161.9 9.7 12.9 13.1 19.7 12.5 11.6 5.8 13.7 1.8 4.7 5.0 6.5 0 2 4 6 8 10 12 14 16 18 20 22 0 20 40 60 80 100 120 140 160 180 200 220 2023. 1Q. 2Q. 3Q. 4Q. 2024. 1Q. 2Q. 3Q. 4Q. 2025. 1Q. 2Q. 3Q. 4Q. Sales (left-scale) EBIT (right-scale) 7.9% 10.2% 10.0% 12.4% 9.4%* 8.9%* 4.7%* 9.0% 1.6% 4.1% 4.3% 4.0% Full-year EBIT margin 10.3% 8.1% Quarterly Financial Results IR CONFERENCE 2025/10/30 4 Quarterly EBIT margin （JPY bn.） （JPY bn.） 3.6% (Plan) E Parts, MRO, engineering, group companies etc. Sales from Backlog ・ Sales revenue is concentrated in 4Q. Machine sales revenue is fully covered by backlog. ・ Sales growth stagnated in 3Q. Orders are recovering but will contribute to sales only from next year onwards. Sales from orders received during the period *A negative goodwill recognition from the consolidation of DMG MORI Precision Boring (formerly KURAKI Co., Ltd.) in the first quarter of 2024 has been retroactively adjusted.
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5.7 1.5 -21.5 -2.2 -2.0 30 11.5 EBIT Bridge FY2024 3Q (Jan-Sep) vs. FY2025 3Q (Jan-Sep) IR CONFERENCE 2025/10/30 5 ChangesFY2025.3QFY2024.3Q(JPY bn.) -44.8343.1388.0Sales revenue FY2024.3Q FY2025.3Q Exchange rate :USD/JPY 151.3 148.2 EUR/JPY 164.4 165.6 (JPY bn.) Decrease in Sales revenue Depreciation etc. Gross profit improvement Increase of MRO Engineers & salary revision 2024 3Q 2025 3Q SG&A Cost reduction ・ Continued improvement in gross profit driven by MX initiative, increased number of large-sized machine business, and SG&A cost reduction. ・ Negative impact of reduced sales revenue. Positive factors +7.2 Negative factors -25.7
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Cash Flows IR CONFERENCE 2025/10/30 6 ・ In 3Q, quarterly operating free cash flow was a surplus of JPY 8.1 bn. The receipt of insurance proceeds of JPY 16.9 billion for the seizure of the Company’s Russian plant was recognized. ・ Operating free cash flow for the full year is planned at a JPY 10.0 bn. surplus. 202520242023 (JPY bn.) FY (E) 4Q E3Q2Q1QFY4Q3Q2Q1QFY4Q3Q2Q1Q -1.55.1-3.844.633.611.0-9.49.551.631.55.85.19.3Operating cash flow 3.62.90.437.111.93.810.411.047.916.511.711.28.5Profit before taxes 8.58.38.131.58.57.87.87.426.57.26.86.36.2Depreciation & amortization -6.5-0.2-4.6-0.511.81.4-13.80.1-9.19.9-7.1-10.2-1.7Changes in working capital -7.1-5.9-7.7-23.51.4-2.0-13.8-9.0-13.7-2.1-5.6-2.3-3.7Others 9.6-6.0-5.1-38.2-11.7-9.6-6.4-10.6-36.7-5.9-9.6-10.1-11.1Investment cash flow 10.011.78.1-0.9-8.96.421.91.4-15.8-1.114.925.6-3.9-5.0-1.8Operating free cash flow 30.4 24.9 14.9 6.4 10 0 10 20 30 40 50 2021 2022 2023 2024 2025E Operating Free Cash Flow Trends and Plans (JPY bn.)
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314.5 327.0 154.7 153.6 60.2 62.2 106.5 121.4 84.6 88.9 75.1 72.6 Balance Sheet Summary IR CONFERENCE 2025/10/30 7 0.19 0.26 0.20 0.24 118.8 110.8 110.8 110.8 47.6 68.7 62.0 166.4 ・ Total assets inflated by JPY 21.0 bn. driven by the weakened JPY. ・ Net D/E ratio remains low at 0.27 Hybrid capital Loans CB FY2022 Net debt reduction Plan 179.5 around190 (JPY bn.) Net D/E ratio (excl. hybrid capital） 0.0 54.5 62.2 110.6 114.9 90.0 94.8 241.3 243.2 190.0 210.6 66.7 67.7 44.4 33.8 JPY 797.6 bn. JPY 827.3 bn. 39.5% JPY 87.6 bn. 39.4%164.9 174.4 Net D/E ratio 0.20 0.27 172.8 FY2023 FY2024 FY2025E Cash and cash equivalents Inventories Trade receivables Tangible assets Goodwill Intangible assets Other assets JPY 797.6 bn. JPY 827.3 bn. Trade and other payables Other liabilities AG share purchase obligation Interest bearing debt Down payment Shareholders’ equity (thereof; Hybrid capital: 110.8) Dec. 2024 Dec. 2024 Sep. 2025 Sep. 2025 Equity ratio Net debt JPY 62.0 bn. Current rate (EUR / JPY) Assets Liabilities & Equity
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Outlook for FY2026 IR CONFERENCE 2025/10/30 8 Changes （%） FY2026 Outlook FY2025 Outlook FY2024 Actual（JPY bn.） ー515.0496.0Consolidated order intake ー225.0218.0Order backlog +3.0520.0505.0540.9Sales revenue 52.075.2EBITDA 10.3%13.9%EBITDA margin 18.043.7EBIT 3.6%8.1%EBIT margin 5.023.1EAT from continued operations 16.9-15.1Profit or loss from discontinued operations in the Russian manufacturing company 22.07.7EAT(Net profit attributable to owners of the parent) 105105100Dividend per share (Yen) 37.034.031.5Depreciation & amortization including leasing 30.030.043.8Capital expenditure 30.030.031.4R&D expenditure 145149151.6USD/JPY 165167164.0EUR/JPY 222.0 196.0 204.0 170.2 155.0 154.0 124.2 126.0 132.0 24.5 28.0 30.0 0 100 200 300 400 500 600 2024A 2025E 2026E 540.9 505.0 520.0 MRO, Spare parts& Engineering Group companies Sales from Order backlog Sales from orders received during the period (JPY bn.) (43.3%) (44.2%) (43.0%) Sales breakdown ・ Forecast for order intake and profits are planned to be disclosed at the time of full-year 2025 results announcements (Feb 2026).
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IR CONFERENCE 2025/10/30 9 PresenterAgenda President Dr. Mori1. FY2025 3Q (Jan-Sep) Financial Summary President Dr. Mori2. Business Environment 3. DMG MORI’s Activities EMO2025 Review • World Premieres & Automation • Software-Defined Machine Tools（SDMT) • Business Environment in Europe DX: New ERP-System, Status of Tulip Implementation Sustainability • Joining the RE100 Initiative • Operator Education Next Generation NLX Development Office Mr. Hiei, Executive Officer Mr. Katsura, Executive Officer Mr. Diederich Director Ms. Bader Senior Deputy Director Dr. Mori Executive Officer Dr. Neun Managing Executive Officer Dr. Ota Sustainability Promotion Department Mr. Yuki Senior Executive Officer Ms. Hatano
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Consolidated Order Intake IR CONFERENCE 2025/10/30 10 417.4 297.9 186.5 338.7 406.0 374.7 347.3 361.0 79.7 82.5 70.0 86.8 102.8 115.7 124.2 126.0 20.3 12.8 23.2 30.5 33.6 29.6 24.5 28.0 531.2 409.4 279.7 456.0 542.4 520.0 496.0 515.0 0 100 200 300 400 500 600 2018 2019 2020 2021 2022 2023 2024 2025E (JPY bn.) ・3Q (Jul-Sep) was JPY 133.3 bn., 16.2% above FY2024 Jul-Sep. The annual consolidated order plan is JPY 515 billion (y-o-y +3.8%). ・By region, EMEA turned into a positive y-o-y growth. By industry, aviation, space, defense, energy, medical, and die & mold remain robust. Quarterly Yearly (JPY bn.) 18.1Q 19.1Q 20.1Q 21.1Q 22.1Q 23.1Q 24.1Q 25.1Q Machine body Parts, MRO, engineering Group companies etc. Energy business EMEA: Europe excl. Germany, the Middle East and Africa
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IR CONFERENCE 2025/10/30 11 PresenterAgenda President Dr. Mori1. FY2025 3Q (Jan-Sep) Financial Summary President Dr. Mori2. Business Environment 3. DMG MORI’s Activities EMO2025 Review • World Premieres & Automation • Software-Defined Machine Tools（SDMT) • Business Environment in Europe DX: New ERP-System, Status of Tulip Implementation Sustainability • Joining the RE100 Initiative • Operator Education Next Generation NLX Development Office Mr. Hiei, Executive Officer Mr. Katsura, Executive Officer Mr. Diederich Director Ms. Bader Senior Deputy Director Dr. Mori Executive Officer Dr. Neun Managing Executive Officer Dr. Ota Sustainability Promotion Department Mr. Yuki Senior Executive Officer Ms. Hatano
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EMO2025 Review: European Market Sentiments IR CONFERENCE 2025/10/30 12
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New NLX IR CONFERENCE 2025/10/30 13 Main target Gear shaft Screw shaft OCTG pipe With Robo2Go MAX
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MATRIS WPH IR CONFERENCE 2025/10/30 14 Workpiece + Pallet Handling The Flexible Automation System for variable-mix, variable-volume pallet & workpiece handling Pallet Hand Workpiece Hand Drawer stocker Raw/finished workpieces With pallet storage on top DMG MORI Automation Controller ERGOlineX Robot Pallet shelf DMG MORI Automation Controller
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New ULTRASONIC 60 Precision // Factory Expansion IR CONFERENCE 2025/10/30 15 ULTRASONIC 60 Precision Expansion of ULTRASONIC factory Stipshausen：Production capacity +30% + Improved accuracy – by optimized guides. + Optimal temperature stability by smart cooling + 5-axis-version with Direct Drive (C) + Increased working area for parts up to Ø 600 mm. + Automation – PH 50, PH 150, PH Cell etc.. + Compact footprint with only 7 m² floor space. + Increase of floor area by 1.300 m², mainly assembly and logistics space + State-of-the art R&D laboratories + New employee canteen with outside seating area + additional parking area Laser resonator Material: fused silica Industry: Semiconductor Wafer chuck Material: Silicon carbide Industry: Semiconductor Quartz ring Material: Quartz glass Industry: Semiconductor
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X IR CONFERENCE 2025/10/30 16 1 3 4 5 6 programming from turning to indexed 5-axis machining (compared to conventional machines) 2 1 3 7 8 4 5 6 80％ faster Software-Defined Machine Tool (SDMT) Model input Setting of material information Shape recognition Shape preview Setting of tools & cutting conditions Simulation Machining Measuring
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Business environment and outlook in Europe IR CONFERENCE 2025/10/30 17 NTX 3000 | 3000 LASERTEC 30 SLM 3rd Gen. Tank Cone for Satellites easycenterSET Helicopter shaft gear DMC 125 FD duoBLOCK μPrecision CTX gamma 2000 TC + Robo2Go Max Hopper Thrust Chamber
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IR CONFERENCE 2025/10/30 18 PresenterAgenda President Dr. Mori1. FY2025 3Q (Jan-Sep) Financial Summary President Dr. Mori2. Business Environment 3. DMG MORI’s Activities EMO2025 Review • World Premieres & Automation • Software-Defined Machine Tools（SDMT) • Business Environment in Europe DX: New ERP-System, Status of Tulip Implementation Sustainability • Joining the RE100 Initiative • Operator Education Next Generation NLX Development Office Mr. Hiei, Executive Officer Mr. Katsura, Executive Officer Mr. Diederich Director Ms. Bader Senior Deputy Director Dr. Mori Executive Officer Dr. Neun Managing Executive Officer Dr. Ota Sustainability Promotion Department Mr. Yuki Senior Executive Officer Ms. Hatano
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10 11 3 72 5 6 4 12 13 8 9 14 Five DMG MORI sites are live on SAP S/4HANA, with rollouts on track: Pleszew in 2027, Iga and Nara to follow, and all major plants targeted for completion by 2030 ERP: Accelerating the rollout of the global core platform for DX Global rollout for sales companies will commence in the United States in 2028 IR CONFERENCE 2025/10/30 19 operational scheduled 1 586 users 37 users 2024 2024 202520232020 2020 2027 148 users 1,143 users 630 users in total 2,567 users operational 23 users 450 users DMG MORI AG1 STIPSHAUSEN5 7 PLESZEW6 SEEBACH4 PFRONTEN3 PINGHU2 BIELEFELD 10 DAVISNARA98 IGA 11 TIANJIN 12 BERGAMO NAGAOKA14TORTONA13
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Tulip at DMG MORI Tulip: Empowering global frontline operations & DX at DMG MORI IR CONFERENCE 2025/10/30 20 Digital Quality Checks Comprehensive planning and documentation for assembly based on machine specs Predictive Machine Maintenance Real-time data for reduced downtime and optimized efficiency. 24 Sites 3100+ Monthly active interfaces 1800+ Apps active monthly 2200+ Operators engaged monthly DMG MORI Value Chain Use Cases A cloud-based, no-code, human-centric, and AI-powered Frontline Operations Platform. Recognized as a leader in the MES category by IDC, Gartner, Frost & Sullivan, and ABI. 2014 Founded out of the MIT Media Lab Boston HQ with offices in Tokyo, Singapore, Munich & Budapest 300+ Employees and growing 800+ Customer sites 20K Apps active monthly https://www.microsoft.com/en/customers/story/25456-dmg-mori-azureMore on:
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IR CONFERENCE 2025/10/30 21 PresenterAgenda President Dr. Mori1. FY2025 3Q (Jan-Sep) Financial Summary President Dr. Mori2. Business Environment 3. DMG MORI’s Activities EMO2025 Review • World Premieres & Automation • Software-Defined Machine Tools（SDMT) • Business Environment in Europe DX: New ERP-System, Status of Tulip Implementation Sustainability • Joining the RE100 Initiative • Operator Education Next Generation NLX Development Office Mr. Hiei, Executive Officer Mr. Katsura, Executive Officer Mr. Diederich Director Ms. Bader Senior Deputy Director Dr. Mori Executive Officer Dr. Neun Managing Executive Officer Dr. Ota Sustainability Promotion Department Mr. Yuki Senior Executive Officer Ms. Hatano
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• 100% energy consumption from renewable sources • Expand renewable energy through business activities Joining the RE100 Initiative IR CONFERENCE 2025/10/30 22 2021 Certified by the SBT Initiative 2025 Joined RE100 initiative 2024 Certified for Net Zero Goals 2035 Renewable Energy 90% 2040 Renewable Energy 100% Iga Campus Solar panels & 20-year NFC contracts for stable energy supply Pfronten Factory RE100* Led by the international NGO “Climate Group” to bring together the world’s most influential businesses with commitment to using 100% renewable energy. DMG MORI products support the production of renewable energy & energy-efficient production
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The 20th Cutting Dream Contest IR CONFERENCE 2025/10/30 23 - DMG MORI’s competitive platform for technology & skill exchange since 2004 - 64 entries from 52 companies CASTEM CO., LTD Metal Phoenix Artistic Form Machining Chubu University Differential Gear Academic Research Industrial Research Inst. of Shizuoka Prefecture Metal Rose Advanced Machining KSS Co., Ltd. Miniature Precision Ball Screw Production Parts Machining TOTO LTD. Ultra-fine Brass Hair Prototype & Test Cut Machining Gold Prize Winning works
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48th WorldSkills Competition – 2026 Qualifiers IR CONFERENCE 2025/10/30 24 Machine CTX 350 V4Model Turning Center & Milling CenterMachines Models NLX 2500 | 700 2nd Generation NVX 5100 | 40 2nd Generation DMG MORI - Iga Campus EMO 2025 - Hannover DateDate Turning Center Sep. 22 – 26, 2025Sep. 30 – Oct. 2, 2025 - DMG MORI supports the CNC Turning & CNC Milling categories - 48th WorldSkills Competition Shanghai, China, September 2026
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IR CONFERENCE 2025/10/30 25 Disclaimer This material contains targets, plans, etc. concerning the future of DMG MORI CO., LTD.. All predictions concerning the future are judgments and assumptions based on information available to DMG MORI CO., LTD. at the time of writing. There is a possibility that the actual future results may differ significantly from these forecasts, due to changes in management policy or changes in external factors. There are many factors which contain elements of uncertainty or the possibility of fluctuation including, but not limited to, the following: Changes in the demand environment within the markets in which DMG MORI group operates Fluctuations in exchange rates Changes to the laws, regulations and government policies in the markets where DMG MORI group conducts its business DMG MORI CO., LTD.’s ability to develop and sell new products in a timely fashion Instability of governments in the markets where DMG MORI group conducts its business Operational changes by the competent authorities or regulations related to anti-trust, export control, etc. The logos and trademarks in this material are the property of their respective companies and used for the purpose of providing information with respect to trademark rights and copyrights.