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Business trends

Japan's electronic parts makers enjoy record orders

April-June quarter shows brisk results from fast-growing auto components sector

Parts maker Murata Manufacturing is stepping up production at factories including this one in Fukui Prefecture.

TOKYO -- The combined total of orders received by Japan's six largest electronic component makers grew 13% on the year to an all-time-high 1.54 trillion yen ($13.9 billion) in the April-June period, as weaker demand for iPhone parts was more than offset by sharp growth in automotive demand.

The orders figure, compiled by Nikkei for Murata Manufacturing, TDK, Kyocera, Nidec, Alps Electric and Nitto Denko, is the seventh consecutive quarter of year-on-year growth.

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