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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 2020 JPYUSD
Revenue1,534.04B14,109.30M
Gross Profit581,462M5,347.96M
Operating income270,668M2,489.45M
Income before tax254,032M2,336.44M
Net income183,008M1,683.20M
EBITDA410,935M3,779.55M
Diluted EPS286.052.63
Dividends Per Share970.89
Total Assets2,250.23B20,844.14M
Total liabilities555,423M5,144.94M
Total equity1,694.10B15,692.68M
Operating cash flow350,334M3,222.17M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,210.84B 1,135.52B 1,371.84B 1,575.02B 1,534.04B
Gross Profit 498,787M 432,395M 444,913M 600,218M 581,462M
Operating income 275,712M 201,437M 171,525M 292,318M 270,668M
Income before tax 279,173M 200,418M 167,801M 267,316M 254,032M
Net income 203,776M 156,060M 146,083M 206,926M 183,008M
EBITDA 374,817M 314,960M 313,150M 416,737M 410,935M
Diluted EPS 320.85 244.62 228.61 323.44 286.05
Dividends Per Share 69.99 73.33 86.66 93.33 97
Total Assets 1,517.78B 1,634.99B 1,797.01B 2,048.89B 2,250.23B
Total liabilities 273,805M 279,665M 339,797M 444,353M 555,423M
Total equity 1,229.15B 1,354.81B 1,456.60B 1,603.97B 1,694.10B
Operating cash flow 252,451M 243,920M 225,249M 279,842M 350,334M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 10,083.25M 10,486.19M 12,377.62M 14,202.90M 14,109.30M
Gross Profit 4,153.64M 3,993.02M 4,014.28M 5,412.50M 5,347.96M
Operating income 2,295.98M 1,860.20M 1,547.60M 2,635.99M 2,489.45M
Income before tax 2,324.80M 1,850.79M 1,514.00M 2,410.53M 2,336.44M
Net income 1,696.94M 1,441.16M 1,318.05M 1,865.96M 1,683.20M
EBITDA 3,121.28M 2,908.55M 2,825.43M 3,757.95M 3,779.55M
Diluted EPS 2.67 2.25 2.06 2.91 2.63
Dividends Per Share 0.58 0.67 0.78 0.84 0.89
Total Assets 13,504.01M 14,672.87M 16,897.15M 18,511.02M 20,844.14M
Total liabilities 2,436.09M 2,509.78M 3,195.08M 4,014.57M 5,144.94M
Total equity 10,936.06M 12,158.47M 13,696.28M 14,491.35M 15,692.68M
Operating cash flow 2,102.28M 2,252.52M 2,032.33M 2,523.49M 3,222.17M

Valuation Measures

Mar 2020
PER19.12
ROA8.51%
ROE11.09%
Operating margin17.64%
Profit margin11.92%

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%)
  • Asset Management One Co., Ltd. (4.1%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.8%)
  • Nippon Life Insurance Co. (3.2%)
  • Nomura Asset Management Co., Ltd. (2.9%)
  • BlackRock Fund Advisors (2.5%)
  • The Vanguard Group, Inc. (2.4%)
  • The Bank of Kyoto, Ltd. (2.3%)
  • Meiji Yasuda Life Insurance Co. (2.3%)
  • The Shiga Bank, Ltd. (1.5%)

Contact Details

Related Companies

  • Murata Business Engineering (India) Pvt Ltd.
  • 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.
  • 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.
  • Komatsu Murata Manufacturing Co. Ltd.

Competitors

  • Qorvo, Inc.
  • Vishay Intertechnology, Inc.
  • DPW Holdings Inc
  • Skyworks Solutions, Inc.
  • INPAQ Technology Co., Ltd
  • Advanced Ceramic X Corporation
  • Broadcom Inc.
  • WiSoL Co., Ltd.
  • Walsin Technology Corporation
  • Bel Fuse Inc. Class B
  • Advanced Energy Industries, Inc.
  • Knowles Corp.
  • QUALCOMM Incorporated
  • TAI-TECH Advanced Electronics Co., Ltd.
  • Chilisin Electronics Corp
  • Luxshare Precision Industry Co. Ltd. Class A
  • Akoustis Technologies, Inc.
  • Maxscend Microelectronics Company Limited Class A
  • AzureWave Technologies, Inc.
  • SHIN HEUNG ENERGY & ELECTRONICS Co., Ltd.
  • Richwave Technology Corporation
  • ABCO Electronics Co., Ltd.
  • Phihong Technology Co., Ltd.
  • Vuzix Corporation
  • Win Semiconductors Corp.
Last Updated on 7 Aug, 2020

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