Murata Manufacturing Co., Ltd. logo

Murata Manufacturing Co., Ltd.

6981.T

JPXTechnologyHardware, Equipment & Parts

Latest quote

¥7,103

+¥12.00 · +0.17%

Aug 24, 11:30 AM JST

6981.T company overview

Regular session · JST · Market data may be delayed.

Company profile

Company website

Established in Nagaokakyo, Japan, in 1944, Murata Manufacturing Co., Ltd. is a global leader in the development, production, and sale of ceramic-based passive electronic components and integrated solutions. The company's operations are organized across its Components, Modules, and other business divisions. Its extensive product range encompasses fundamental electronic parts such as capacitors, inductors, resistors, and thermistors, alongside various noise and EMI suppression products and ESD protection devices. Murata also provides a comprehensive suite of sensors, timing devices, and quartz components, in addition to sound components, power products, and diverse batteries, including a mercury-free silver watch battery. Its offerings further extend to micro mechatronics, RFID devices, and a broad spectrum of RF and wireless communication components like matching devices, baluns, couplers, filters, phase shifters, RF switches, front-end modules, SAW components, connectors, and antennas. Connectivity solutions include dedicated modules and wireless platforms. The company additionally produces ionizers/active oxygen modules and transformers, and offers Femtet, a CAE software designed for solving various physical phenomena. These advanced solutions cater to a multitude of applications, including telecommunications equipment, automotive systems, enterprise infrastructure, industrial machinery, healthcare devices, and personal electronics.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
JP
CEO
Norio Nakajima
Listed since
Jan 4, 2001
Employees
74,302

Market position

Day range

Current ¥7,103

52-week range

Current ¥7,103

Open
¥7,000
Previous close
¥7,091
Volume
16.4M
0.6× average
Average volume
27.4M
Average daily volume
Market cap
12.93T JPY
Beta
1.21
Market reference 1
50-day average
¥9,010.84
-21.17% below average
200-day average
¥5,489.85
+29.38% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
5.65T JPY
P/E (TTM)
48.85×
P/B (TTM)
4.68×
P/S (TTM)
6.74×
EV / EBITDA
11.52×
Earnings yield
3.75%
Free cash flow yield
3.10%
Dividend yield
0.92%

Profitability & efficiency

Gross margin
43.41%
Operating margin
18.62%
Net margin
13.85%
Return on equity
8.60%
Return on assets
7.31%
Return on invested capital
8.35%

Financial health

Debt / equity
0.02×
Current ratio

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends46%33%20%8%Gross margin, FY2022: 42.38%Gross margin, FY2023: 38.05%Gross margin, FY2024: 36.82%Gross margin, FY2025: 39.19%Gross margin, FY2026: 42.32%Operating margin, FY2022: 23.58%Operating margin, FY2023: 17.32%Operating margin, FY2024: 15.82%Operating margin, FY2025: 16.57%Operating margin, FY2026: 17.44%Net margin, FY2022: 17.33%Net margin, FY2023: 14.46%Net margin, FY2024: 11.03%Net margin, FY2025: 13.41%Net margin, FY2026: 12.78%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 42.38%. Gross margin FY2023 38.05%. Gross margin FY2024 36.82%. Gross margin FY2025 39.19%. Gross margin FY2026 42.32%. Operating margin FY2022 23.58%. Operating margin FY2023 17.32%. Operating margin FY2024 15.82%. Operating margin FY2025 16.57%. Operating margin FY2026 17.44%. Net margin FY2022 17.33%. Net margin FY2023 14.46%. Net margin FY2024 11.03%. Net margin FY2025 13.41%. Net margin FY2026 12.78%.

Income trends

Revenue

1.83T JPY+5.02%

Operating income

319.31B JPY+10.51%

Net income

233.92B JPY+0.04%
Income trends across reported periods2T JPY1.34T JPY675.84B JPY15.84B JPYRevenue, FY2022: 1.81T JPYRevenue, FY2023: 1.69T JPYRevenue, FY2024: 1.64T JPYRevenue, FY2025: 1.74T JPYRevenue, FY2026: 1.83T JPYOperating income, FY2022: 427.31B JPYOperating income, FY2023: 292.07B JPYOperating income, FY2024: 259.43B JPYOperating income, FY2025: 288.93B JPYOperating income, FY2026: 319.31B JPYNet income, FY2022: 314.12B JPYNet income, FY2023: 243.95B JPYNet income, FY2024: 180.84B JPYNet income, FY2025: 233.82B JPYNet income, FY2026: 233.92B JPYFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 1.81T JPY. Revenue FY2023 1.69T JPY. Revenue FY2024 1.64T JPY. Revenue FY2025 1.74T JPY. Revenue FY2026 1.83T JPY. Operating income FY2022 427.31B JPY. Operating income FY2023 292.07B JPY. Operating income FY2024 259.43B JPY. Operating income FY2025 288.93B JPY. Operating income FY2026 319.31B JPY. Net income FY2022 314.12B JPY. Net income FY2023 243.95B JPY. Net income FY2024 180.84B JPY. Net income FY2025 233.82B JPY. Net income FY2026 233.92B JPY.
Metric (JPY)FY2026FY2025FY2024FY2023FY2022
Revenue1.83T JPY1.74T JPY1.64T JPY1.69T JPY1.81T JPY
Cost of goods sold1.06T JPY1.06T JPY1.04T JPY1.05T JPY1.04T JPY
Gross profit774.83B JPY683.2B JPY603.86B JPY641.76B JPY768.23B JPY
Research and development158.87B JPY149.27B JPY132.5B JPY124.66B JPY111.3B JPY
Selling, general, and administrative243.85B JPY233.4B JPY201.42B JPY253.14B JPY229.62B JPY
Operating expenses455.52B JPY394.27B JPY344.43B JPY349.69B JPY340.92B JPY
Interest income29.98B JPY16.41B JPY13.21B JPY5.96B JPY1.19B JPY
Interest expense3.19B JPY2.98B JPY3.25B JPY1.17B JPY318M JPY
Depreciation and amortization178.21B JPY173.34B JPY175.87B JPY169.62B JPY155.58B JPY
Operating income319.31B JPY288.93B JPY259.43B JPY292.07B JPY427.31B JPY
Net income233.92B JPY233.82B JPY180.84B JPY243.95B JPY314.12B JPY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-11.54%
11 comparable reports
Latest EPS result
44.71
Estimate 38.93 · Beat by 14.85%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates58.643.0227.4411.87Q1 '25MissQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 36.66, estimate 41.93, surprise -12.57%, Miss. Q2 2025, reported Apr 30, 2025: actual 16.85, estimate 21.1, surprise -20.14%, Miss. Q3 2025, reported Jul 30, 2025: actual 26.83, estimate 26.03, surprise +3.07%, Beat. Q4 2025, reported Oct 31, 2025: actual 44.95, estimate 32.76, surprise +37.21%, Beat. Q1 2026, reported Feb 2, 2026: actual 13.96, estimate 36.15, surprise -61.38%, Miss. Q2 2026, reported Apr 30, 2026: actual 41.35, estimate 33.19, surprise +24.59%, Beat. Q3 2026, reported Jul 31, 2026: actual 44.71, estimate 38.93, surprise +14.85%, Beat. Q4 2026, reported Oct 30, 2026: actual —, estimate 55.29, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates558.57B500.64B442.71B384.78BQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 3, 2025: actual 448.01B JPY, estimate 459.76B JPY, surprise -2.56%, Miss. Q2 2025, reported Apr 30, 2025: actual 411.86B JPY, estimate 406.27B JPY, surprise +1.38%, Beat. Q3 2025, reported Jul 30, 2025: actual 416.15B JPY, estimate 409.42B JPY, surprise +1.65%, Beat. Q4 2025, reported Oct 31, 2025: actual 486.62B JPY, estimate 450.27B JPY, surprise +8.07%, Beat. Q1 2026, reported Feb 2, 2026: actual 468.97B JPY, estimate 453.58B JPY, surprise +3.39%, Beat. Q2 2026, reported Apr 30, 2026: actual 453.76B JPY, estimate 439.06B JPY, surprise +3.35%, Beat. Q3 2026, reported Jul 31, 2026: actual 502.26B JPY, estimate 476.09B JPY, surprise +5.50%, Beat. Q4 2026, reported Oct 30, 2026: actual —, estimate 537.09B JPY, surprise —, Comparison unavailable.

Corporate actions

Corporate action history

Stock split

Effective Sep 28, 2023

3:1

Stock split

Effective Mar 27, 2019

3:1

Stock split

Effective Sep 27, 1994

11:10

Stock split

Effective Mar 26, 1991

11:10

6981.T peers

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Funds reporting this stock among their holdings, ordered by reported position size.

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