DMG Mori : Announcement of Revision of Financial Forecast for FY 2020
August 27, 2020 at 11:36 am IST
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August 27, 2020
To whom it may concern
Company
DMG MORI CO., LTD.
Name
Representative
Masahiko Mori
Representative Director and President
(Securities Code: 6141
Tokyo Stock Exchange, First Section)
Contact
Hirotake Kobayashi
Vice President,
Accounting / Finance HQ Executive Officer
(Tel: +81-03-6758-5900)
Announcement of Revision of Financial Forecast for FY 2020
DMG MORI CO., LTD. has decided to revise its consolidated financial forecast for the FY 2020 from its
announcement on May 28, 2020, considering recent business performance.
Revision of Consolidated Financial Forecast for FY2020
(January 1, 2020 to December 31, 2020)
(Unit: million yen)
Income
Basic earnings
Sales revenues
Operating
attributable to
(△loss) per
income
owners of the
share
parent
(Yen)
Previously Announced Forecast (A)
320,000
5,000
To be
To be
~340,000
~10,000
determined
determined
Forecast after revision (B)
330,000
7,000
1,000
△1.63
~340,000
~10,000
~3,000
~14.64
Difference (B) - (A)
10,000
2,000
-
~-
~-
Increase Ratio (%)
3.1%
40.0%
-
~-
~-
Ref: Results of FY2019
485,778
37,339
17,995
138.64
(Note)
・Exchange rate used for consolidated financial forecast for fiscal year 2020: JPY 110.0 /USD, 120.0 /EUR
・Basic earnings (△loss) per share is based on the earning amount which excludes earnings attributed to owners of hybrid capital.
Reasons for the Revision
For the consolidated financial forecast for the fiscal year 2020, we announced some indicators as "to be determined" due to the impact of COVID-19 on May 28, 2020.
Although it still remains unclear when the COVID-19 pandemic will end, we made a revision to the forecast based on the current business environment and the results of the second quarter.
1
The financial forecast shown above is based on information available at the time of this announcement and the
actual results may vary.
2
This is an excerpt of the original content. To continue reading it, access the original document here.
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DMG Mori Co. Ltd. published this content on 27 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 August 2020 06:06:06 UTC
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.