# DMG MORI net profit drops 58.7% on component supply delays *Nine-month earnings fell to 8.7 billion yen as component delays stop a 328.0 billion yen order backlog from translating into deliveries.* **Published:** November 6, 2026 **By:** Aiko Tanaka **Section:** Robotics & Automation — Japan **Format:** Company Watch **Confidence:** medium **Source:** https://eastasiabrief.com/robotics/dmg-mori-net-profit-drops-58-7-component-supply-1176 **Publisher:** East Asia Brief (https://eastasiabrief.com/) --- ## What to know - Nine-month net profit fell 58.7% to 8.7 billion yen despite record 328 billion yen backlog - Component delays cap 2026 revenue guidance at 580 billion yen as automotive tooling weakens - Full-year audited financial results and 2027 guidance release scheduled for Feb. 10, 2027 ![An employee stands near machined metal parts and equipment inside a DMG MORI precision manufacturing facility. (AI-generated image)](https://eastasiabrief.com/media/2026-11-06-0b754d749d0c.webp) *An employee stands near machined metal parts and equipment inside a DMG MORI precision manufacturing facility. (AI-generated image)* DMG MORI CO., LTD. faced mounting investor scrutiny on Nov. 6, 2026, after nine-month net profit dropped 58.7% and component delivery delays prevented record order backlogs from lifting full-year shipments. Attributable net profit fell to 8.7 billion yen ($55 million) from 21.0 billion yen a year earlier, according to company financial statements. Operating margin stood at 4.0% on sales revenue of 422.7 billion yen. The machine-tool builder accumulated a record order backlog of 328.0 billion yen ($2.08 billion) by Sept. 30. That backlog represents roughly 56% of the company's full-year consolidated revenue target of 580.0 billion yen. Despite booking 522.0 billion yen in nine-month orders, DMG MORI held its annual sales forecast unchanged. President Masahiko Mori said supplier delivery dates slipped unexpectedly on parts needed for fourth-quarter machine assembly. The delivery bottleneck leaves completed machine assemblies waiting for missing components inside Japanese and European plants. Assembly schedules for heavy five-axis machining centers now stretch into late 2027 before final plant commissioning can occur. High-end MX machines, which integrate multi-axis milling and turning into single setups, accounted for 84% of order value. Standard BX three-axis basic units made up the remaining 16% of new bookings, company filings showed. Average order prices per machine rose slightly to 80.6 million yen ($512,000) from 79.6 million yen in 2025. That pricing strength reflects specialized options rather than broader capacity additions across commercial manufacturing. Commercial automotive suppliers in Germany and Japan have slowed tooling purchases as electric vehicle assembly plans face delays. Automotive capital expenditure had historically generated roughly a third of machine-tool sales volume in East Asia. Tooling demand has migrated toward aerospace, defense, energy equipment and semiconductor fabrication gear. Those sectors require complex multi-axis milling tolerances, but order volumes remain smaller than automotive transfer lines. Domestic peer Okuma Corp. recorded similar order dynamics, lifting its six-month order book to 161.4 billion yen. Okuma held an order backlog of 144.7 billion yen, where aerospace demand masked slowing general industrial machinery. Robot manufacturer Fanuc Corp. experienced uneven demand across its factory automation units, where smaller contract machine shops delayed machine replacements. Fanuc books machining cell orders that often precede large multi-axis tool installations. Maintenance, repair and overhaul orders at DMG MORI rose 15.6% to 107.3 billion yen during the nine-month period. Service contracts accounted for 20.5% of total bookings, demonstrating customer preference for extending existing machine lifespans. Subsidiary Magnescale Co., Ltd. saw steady inquiries for optical scales and precision measuring sensors. Those components feed lithography stages and precision inspection systems rather than conventional cutting tool lines. DMG MORI raised 48.0 billion yen ($304 million) in an August overseas share offering to expand manufacturing infrastructure. Planned outlays include a 15 billion yen plant in Nagaoka and a 14 billion yen casting facility in Poland. The company also relocated its Americas headquarters to downtown Chicago to support North American precision aerospace buyers. Machine deliveries in North America grew 23.5% across the Japanese sector during August, trade association data showed. The Japan Machine Tool Builders' Association recorded 223.2 billion yen in total domestic and export orders during September. While foreign bookings climbed 66.8% year on year, domestic industrial machinery orders remained flat sequentially. Tooling procurement across mainland Chinese factories shifted toward domestic builders of mid-tier vertical machining centers. Japanese builders saw orders in China level off as local automotive component makers curtailed capital spending. DMG MORI noted that the sharp drop in net profit reflected high prior-year baseline numbers. In 2025, the manufacturer recorded 16.9 billion yen in insurance compensation for its seized assembly plant in Ulyanovsk, Russia. Profit before taxes from continuing operations reached 11.9 billion yen, down 49.6% compared with 23.7 billion yen last year. Operating profit climbed 46.3% to 16.9 billion yen, yet operating margin reached only 4.0%. Higher wages, logistics expenses and specialized software integration expenses continue to dilute operating leverage. Machine builders must absorb rising input costs for structural castings and precision bearings before passing surcharges to buyers. Procurement managers face extended delivery windows averaging nine to 14 months for specialized five-axis milling centers. Japanese factories operating at high utilization rates cannot increase weekly spindle output without securing missing motion controllers. The company's third-quarter disclosures do not state which specific electronic component families or tier-one suppliers caused the shipment delays. DMG MORI will release its full-year audited financial results and 2027 operational forecast in Tokyo on Feb. 10, 2027. Management maintained its full-year operating profit forecast at 30.0 billion yen on 580.0 billion yen in consolidated revenue. ## Impact map | Event | Korea | China | Japan | Global impact | | --- | --- | --- | --- | --- | | Machine tool shipment bottleneck | auto parts makers see high-end 5-axis tooling lead times stretch past 12 months | domestic machining builders capture mid-tier orders as Japanese imports flatten | DMG MORI and Okuma rely on aerospace orders to offset softening auto plant capex | CNC machine delivery delays push factory automation commissioning into late 2027 | ## In this story - **Companies:** DMG MORI CO., LTD. - **Tickers:** 6141.T - **Exposed:** Okuma, Fanuc - **Impact:** Capex, Order Book, Cost Structure ## Primary sources 1. dmgmori.co.jp 2. note.com 3. cncoutlook.com 4. tokyobrief.com 5. ma-online.com.tw --- Cite as: East Asia Brief, "DMG MORI net profit drops 58.7% on component supply delays," November 6, 2026. https://eastasiabrief.com/robotics/dmg-mori-net-profit-drops-58-7-component-supply-1176