Electronic Technology Murata Manufacturing Co. Ltd. Business Summary
Murata Manufacturing Co., Ltd. engages in research, production and sale of electronic devices made from fine ceramics. It operates through the following segments: Components, Modules, and Others. The Components division offers multilayer ceramic capacitors, SAW (Surface Acoustic Wave) filters, ceramic resonators, piezoelectric sensors, ceramic filters, piezoelectric buzzers, short-range wireless communication modules, Bluetooth modules and others. The Modules segment provides communication modules, power supplies, multilayer ceramic devices, connectors, isolators, circuit modules, EMI (Electromagnetic Interference)suppression filters, inductors, sensors and lithium ion batteries. The Others segment handles the employee welfares, staffing, education and training, and facility maintenance services, including operational software for affiliates. The company was founded by Akira Murata in October 1944 and is headquartered in Nagaokakyo, Japan.
Financial Highlights
Mar 2021
JPY USD Revenue 1,630.19B 15,370.85M Gross Profit 622,201M 5,866.64M Operating income 316,794M 2,987.00M Income before tax 316,417M 2,983.45M Net income 237,053M 2,235.13M EBITDA 459,868M 4,336.02M Diluted EPS 370.51 3.49 Dividends Per Share 115 1.08 Total Assets 2,462.26B 22,282.90M Total liabilities 540,616M 4,892.45M Total equity 1,920.80B 17,382.85M Operating cash flow 373,571M 3,522.34M Currency in JPY Currency in USD
Historical Data Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
1,135.52B
1,371.84B
1,575.02B
1,534.04B
1,630.19B
Gross Profit
432,395M
444,913M
600,218M
581,462M
622,201M
Operating income
201,437M
171,525M
292,318M
270,668M
316,794M
Income before tax
200,418M
167,801M
267,316M
254,032M
316,417M
Net income
156,060M
146,083M
206,926M
183,008M
237,053M
EBITDA
314,960M
313,150M
416,737M
410,935M
459,868M
Diluted EPS
244.62
228.61
323.44
286.05
370.51
Dividends Per Share
73.33
86.66
93.33
97
115
Total Assets
1,634.99B
1,797.01B
2,048.89B
2,250.23B
2,462.26B
Total liabilities
279,665M
339,797M
444,353M
555,423M
540,616M
Total equity
1,354.81B
1,456.60B
1,603.97B
1,694.10B
1,920.80B
Operating cash flow
243,920M
225,249M
279,842M
350,334M
373,571M
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Revenue
10,486.19M
12,377.62M
14,202.90M
14,109.30M
15,370.85M
Gross Profit
3,993.02M
4,014.28M
5,412.50M
5,347.96M
5,866.64M
Operating income
1,860.20M
1,547.60M
2,635.99M
2,489.45M
2,987.00M
Income before tax
1,850.79M
1,514.00M
2,410.53M
2,336.44M
2,983.45M
Net income
1,441.16M
1,318.05M
1,865.96M
1,683.20M
2,235.13M
EBITDA
2,908.55M
2,825.43M
3,757.95M
3,779.55M
4,336.02M
Diluted EPS
2.25
2.06
2.91
2.63
3.49
Dividends Per Share
0.67
0.78
0.84
0.89
1.08
Total Assets
14,672.87M
16,897.15M
18,511.02M
20,844.14M
22,282.90M
Total liabilities
2,509.78M
3,195.08M
4,014.57M
5,144.94M
4,892.45M
Total equity
12,158.47M
13,696.28M
14,491.35M
15,692.68M
17,382.85M
Operating cash flow
2,252.52M
2,032.33M
2,523.49M
3,222.17M
3,522.34M
Valuation Measures
Mar 2021
PER 23.86 ROA 10.06% ROE 13.11% Operating margin 19.43% Profit margin 14.54%
Key executives
President & Representative Director:
Norio Nakajima
Director, Senior Manager-Finance & Accounting:
Masanori Minamide
Director, GM-Technology & Business Development:
Hiroshi Iwatsubo
Head-Technology Development & Business Planning:
Nagato Omori
Senior Manager-Information Systems:
Toshihiko Okamoto Shareholders
Murata Manufacturing Co. Ltd. (5.3%)
Nippon Life Insurance Co. (3.2%)
Asset Management One Co., Ltd. (3.2%)
Nomura Asset Management Co., Ltd. (3.1%)
BlackRock Fund Advisors (2.5%)
The Bank of Kyoto, Ltd. (2.3%)
Meiji Yasuda Life Insurance Co. (2.3%)
The Vanguard Group, Inc. (2.0%)
The Shiga Bank, Ltd. (1.5%)
Norges Bank Investment Management (1.5%)
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Philippine Manufacturing Co. of Murata, Inc.
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Murata Electronics (India) Pvt Ltd.
Murata Electronics Trading (Tianjin) Co. Ltd.
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Competitors
Qorvo, Inc.
Vishay Intertechnology, Inc.
Ault Global Holdings, Inc.
INPAQ Technology Co., Ltd
Skyworks Solutions, Inc.
Advanced Ceramic X Corporation
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WiSoL Co., Ltd.
Walsin Technology Corporation
Bel Fuse Inc. Class B
Advanced Energy Industries, Inc.
Knowles Corp.
TAI-TECH Advanced Electronics Co., Ltd.
Chilisin Electronics Corp
ABCO Electronics Co., Ltd.
Akoustis Technologies, Inc.
Maxscend Microelectronics Company Limited Class A
Guangdong Failong Crystal Technology Co., Ltd Class A
SiTime Corporation
Richwave Technology Corporation
Zippy Technology Corp
Phihong Technology Co., Ltd.
Vuzix Corporation
Win Semiconductors Corp.
Jiangsu Boqian New Materials Stock Co. Ltd. Class A
Wireless Power Amplifier Module, Inc.
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Last Updated on 13 May, 2021
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