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 2022	JPY	USD
Revenue	1,812.52B	16,129.55M
Gross Profit	768,229M	6,836.43M
Operating income	427,311M	3,802.62M
Income before tax	432,702M	3,850.59M
Net income	314,119M	2,795.33M
EBITDA	582,894M	5,187.15M
Diluted EPS	490.94	4.36
Dividends Per Share	130	1.15
Total Assets	2,809.17B	23,144.56M
Total liabilities	545,259M	4,492.35M
Total equity	2,263.59B	18,649.60M
Operating cash flow	421,458M	3,750.53M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	1,371.84B	1,575.02B	1,534.04B	1,630.19B	1,812.52B
Gross Profit	444,913M	600,218M	581,462M	622,201M	768,229M
Operating income	171,525M	292,318M	270,668M	317,312M	427,311M
Income before tax	167,801M	267,316M	254,032M	316,417M	432,702M
Net income	146,083M	206,926M	183,008M	237,053M	314,119M
EBITDA	313,150M	416,737M	410,935M	460,386M	582,894M
Diluted EPS	228.61	323.44	286.05	370.51	490.94
Dividends Per Share	86.66	93.33	97	115	130
Total Assets	1,797.01B	2,048.89B	2,250.23B	2,462.26B	2,809.17B
Total liabilities	339,797M	444,353M	555,423M	540,616M	545,259M
Total equity	1,456.60B	1,603.97B	1,694.10B	1,920.80B	2,263.59B
Operating cash flow	225,249M	279,842M	350,334M	373,571M	421,458M

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Revenue	12,377.62M	14,202.90M	14,109.30M	15,370.85M	16,129.55M
Gross Profit	4,014.28M	5,412.50M	5,347.96M	5,866.64M	6,836.43M
Operating income	1,547.60M	2,635.99M	2,489.45M	2,991.88M	3,802.62M
Income before tax	1,514.00M	2,410.53M	2,336.44M	2,983.45M	3,850.59M
Net income	1,318.05M	1,865.96M	1,683.20M	2,235.13M	2,795.33M
EBITDA	2,825.43M	3,757.95M	3,779.55M	4,340.91M	5,187.15M
Diluted EPS	2.06	2.91	2.63	3.49	4.36
Dividends Per Share	0.78	0.84	0.89	1.08	1.15
Total Assets	16,897.15M	18,511.02M	20,844.14M	22,282.90M	23,144.56M
Total liabilities	3,195.08M	4,014.57M	5,144.94M	4,892.45M	4,492.35M
Total equity	13,696.28M	14,491.35M	15,692.68M	17,382.85M	18,649.60M
Operating cash flow	2,032.33M	2,523.49M	3,222.17M	3,522.34M	3,750.53M

Valuation Measures

Mar 2022
PER	16.53
ROA	11.91%
ROE	15.01%
Operating margin	23.57%
Profit margin	17.33%

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. (6.8%)
Nomura Asset Management Co., Ltd. (4.2%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.1%)
Asset Management One Co., Ltd. (3.2%)
Nippon Life Insurance Co. (2.4%)
The Bank of Kyoto, Ltd. (2.3%)
Meiji Yasuda Life Insurance Co. (2.3%)
The Vanguard Group, Inc. (2.3%)
Nikko Asset Management Co., Ltd. (2.1%)
Daiwa Asset Management Co. Ltd. (1.9%)

Contact Details

Website:http://www.murata.co.jp
Phone: +81.75.951.9111

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Competitors

Qorvo, Inc.
Vishay Intertechnology, Inc.
INPAQ Technology Co., Ltd
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Advanced Ceramic X Corporation
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Zippy Technology Corp
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Vuzix Corporation
Phihong Technology Co., Ltd.
Shanghai PRET Composites Co. Ltd. Class A
Wireless Power Amplifier Module, Inc.

Last Updated on 20 Mar, 2023