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Business trends

Consumer gadgets drive record orders at Japan parts makers

'Internet of things' trend also contributed to fifth straight quarter of growth

Murata Manufacturing has been increasing production of its mainstay ceramic capacitors.

TOKYO -- Total order value at six Japanese electronic components producers jumped 15% on the year to an all-time high in the October-December quarter as the growing sophistication of smartphones and video game systems gave Japanese technology a chance to shine.

Murata Manufacturing, TDK, Kyocera, Nidec, Alps Electric and Nitto Denko logged orders totaling roughly 1.58 trillion yen ($14.3 billion) for the quarter, according to calculations by The Nikkei. This beat the record set just a quarter earlier and marked a fifth consecutive quarter of year-on-year growth. Sales were used to approximate orders in some cases.

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