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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 JPYUSD
Revenue1,812.52B16,129.55M
Gross Profit768,229M6,836.43M
Operating income424,060M3,773.69M
Income before tax432,702M3,850.59M
Net income314,129M2,795.42M
EBITDA579,643M5,158.22M
Diluted EPS490.944.36
Dividends Per Share1301.15
Total Assets2,809.17B23,144.56M
Total liabilities545,259M4,492.35M
Total equity2,263.59B18,649.60M
Operating cash flow421,458M3,750.53M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 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 424,060M
Income before tax 167,801M 267,316M 254,032M 316,417M 432,702M
Net income 146,083M 206,926M 183,008M 237,053M 314,129M
EBITDA 313,150M 416,737M 410,935M 460,386M 579,643M
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 2018Mar 2019Mar 2020Mar 2021Mar 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 3,773.69M
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 2,795.42M
EBITDA 2,825.43M 3,757.95M 3,779.55M 4,340.91M 5,158.22M
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
PER16.53
ROA11.91%
ROE15.01%
Operating margin23.39%
Profit margin17.33%

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. (5.7%)
  • Nomura Asset Management Co., Ltd. (4.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (4.1%)
  • Asset Management One Co., Ltd. (3.2%)
  • Nippon Life Insurance Co. (3.2%)
  • The Bank of Kyoto, Ltd. (2.3%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • The Vanguard Group, Inc. (2.2%)
  • Nikko Asset Management Co., Ltd. (2.1%)
  • Daiwa Asset Management Co. Ltd. (2.0%)

Contact Details

Related Companies

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  • Murata Energy Device Singapore Pte Ltd.
  • Hong Kong Murata Electronics Co. Ltd.
  • Toyama Murata Manufacturing Co. Ltd.
  • Murata Shizuki FC Solutions Co., Ltd.
  • Murata Manufacturing Restricted Stock Compensation Plan
  • ID-Solutions S.R.L.
  • Primatec, Inc.
  • ETA Wireless, Inc.
  • Tohoku Murata Manufacturing Co., Ltd.
  • Dongguan Murata Electronics Co. Ltd.
  • Murata Manufacturing Co. Ltd. /Trimming Potentiometer Bus/
  • Izumo Murata Manufacturing Co. Ltd.
  • Miraisens, Inc.
  • Murata Amazonia Industria e Comercio Ltda.
  • Murata Power Solutions (Canada) ULC
  • Murata World Comercial Ltda.
  • Murata Co. Ltd. (Hong Kong)
  • Murata Power Solutions (Toronto) ULC
  • Philippines Murata Land & Building, Inc.
  • Foshan Murata Minmetals Materials Co. Ltd.
  • Murata Power Solutions (Shanghai) Co. Ltd.
  • Guangzhou Murata Power Solutions Ltd.
  • Thai Murata Electronics Trading Ltd.
  • Philippine Manufacturing Co. of Murata, Inc.
  • Murata Electronics (Vietnam) Co. Ltd.
  • Murata Electronics (India) Pvt Ltd.
  • Murata Electronics Trading (Tianjin) Co. Ltd.
  • Murata Electronics Trading (Shanghai) Co. Ltd.
  • Wuxi Murata Electronics Co. Ltd.

Competitors

  • Qorvo, Inc.
  • Vishay Intertechnology, Inc.
  • BitNile Holdings, Inc.
  • INPAQ Technology Co., Ltd
  • Skyworks Solutions, Inc.
  • Advanced Ceramic X Corporation
  • Broadcom Inc.
  • Bel Fuse Inc. Class B
  • Advanced Energy Industries, Inc.
  • Richwave Technology Corporation
  • Knowles Corp.
  • Maxscend Microelectronics Company Limited Class A
  • Thinking Electronic Industrial Co., Ltd.
  • TAI-TECH Advanced Electronics Co., Ltd.
  • ABCO Electronics Co., Ltd.
  • Akoustis Technologies, Inc.
  • Acconeer AB
  • AVATEC Co., Ltd.
  • Fujian Torch Electron Technology Co Ltd
  • SiTime Corporation
  • Zippy Technology Corp
  • Win Semiconductors Corp.
  • Vuzix Corporation
  • Phihong Technology Co., Ltd.
  • Sanan Optoelectronics Co., Ltd. Class A
  • Shanghai PRET Composites Co. Ltd. Class A
  • Wireless Power Amplifier Module, Inc.
Last Updated on 29 Jun, 2022

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