
Date: October 30, 2026
Consolidated Financial Resultsfor the Six Months Ended September 30, 2026 (Under IFRS)
Company Name : Murata Manufacturing Co., Ltd. Stock Exchange Listings:
Listing Code : 6981 Tokyo Stock Exchange (URL https://corporate.murata.com/en-global/)
Phone : 81-75-955-6525
Scheduled date to commence dividend payments : November 30, 2026
(Amounts are rounded to the nearest million yen)
Consolidated financial results for the six months ended September 30, 2026
Operating results (Percentage represents year-on-year changes.)
Revenue
Operating profit
Profit before tax
Profit attributable to
owners of parent
Comprehensive income
Six months ended
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
Millions of yen
%
September 30, 2026
1,090,764
20.8
245,907
48.9
248,415
42.1
186,152
40.6
179,598
20.8
September 30, 2025
902,778
2.2
165,136
4.4
174,782
6.6
132,379
1.6
148,614
59.7
Basic earnings
per share
Diluted earnings
per share
Six months ended
Yen
Yen
September 30, 2026
102.43
102.40
September 30, 2025
71.77
71.77
Financial position
Total assets
Total equity
Equity attributable to owners of parent
Ratio of equity
attributable to owners of parent
Equity attributable to owners of parent
per share
As of
Millions of yen
Millions of yen
Millions of yen
%
Yen
September 30, 2026
3,249,248
2,758,083
2,759,139
84.9
1,524.46
March 31, 2026
3,199,099
2,717,810
2,718,743
85.0
1,493.58
Cash dividends
Annual dividends per share
First quarter
Second quarter
Third quarter
Year-end
Total
Yen
Yen
Yen
Yen
Yen
Year ended March 31, 2026
-
30.00
-
35.00
65.00
Year ending March 31, 2027
-
35.00
Year ending
March 31, 2027 (Forecast)
-
35.00
70.00
* Revisions to the forecast of cash dividends most recently announced: None
Forecast of consolidated financial results for the year ending March 31, 2027
(Percentage represents year-on-year changes.)
Revenue
Operating profit
Profit before tax
Profit attributable to
owners of parent
Basic earnings
per share
Year ending March 31, 2027
Millions of yen
2,260,000
%
23.4
Millions of yen
520,000
%
84.5
Millions of yen
532,000
%
72.4
Millions of yen
396,000
%
69.3
Yen
218.80
Percentage represents year-on-year changes.
Forecast of financial results has been revised during the six months ended September 30, 2026.
The number of shares issued that forms the basis for the calculation of basic earnings per share is calculated with the number of issued shares (excluding treasury shares) as of September 30, 2026.
Notes
Changes in significant subsidiaries during the period (changes in specific subsidiaries that caused change in scope of consolidation): None
Changes in accounting policies and changes in accounting estimates
Changes in accounting policies required by IFRS: None
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Number of issued shares
Total number of shares at the end of the period (including treasury shares)
As of September 30, 2026
1,963,001,843 shares
As of March 31, 2026
1,963,001,843 shares
Number of treasury shares at the end of the period
As of September 30, 2026
153,092,489 shares
As of March 31, 2026
142,709,692 shares
Average number of shares during the period
Six months ended September 30, 2026 | 1,816,638,676 shares |
Six months ended September 30, 2025 | 1,843,825,318 shares |
*Semi-annual financial results reports are exempt from review conducted by certified public accountants or an audit firm.
*Notes to the forecast of financial results
The above forecasts were prepared based on estimates using information currently available.
Actual results may differ from the forecast. For assumptions and other information regarding the forecast, refer to “Business Results and Financial Position”.
Business Results and Financial Position (from April 1, 2026 through September 30, 2026)1. Business Results
During the period, despite downside risks to the economy including rising prices of raw materials and energy due to the prolongation of the situation in the Middle East and growing inflationary pressures, the global economic environment remained generally solid on the back of expanding AI-related demand.
In the electronics market, where Murata Manufacturing Co., Ltd., and its subsidiaries (hereinafter, the “Companies”) operate, demand for parts remained firm, supported by increased investment in data centers as well as the advancement of AD/ADAS and the rising share of xEVs in the automotive market.
Under these circumstances, during the period, revenue from capacitors increased across a wide range of applications, mainly data centers, and revenue from EMI filters for data centers and mobility as well as power supply modules for data centers increased. As a result, revenue increased by 20.8% year on year to
1,090,764 million yen, partly due to the impact of foreign currency fluctuations (depreciation of the yen by 13.33 yen year on year).
Looking at profits, operating profit was 245,907 million yen, up 48.9% year on year; profit before tax was 248,415 million yen, up 42.1% year on year; and profit attributable to owners of parent came to 186,152 million yen, up 40.6% year on year. This was due to profit-increasing factors such as gains from a higher operation rate resulting from an increase in production output and the impact of a weaker yen, despite profit-decreasing factors such as an increase in fixed costs and a fall in product selling prices.
Millions of yen | ||||||
Six months ended September 30, 2025 | Six months ended September 30, 2026 | Change | ||||
Revenue | 902,778 | %* 100.0 | 1,090,764 | %* 100.0 | 187,986 | % 20.8 |
Operating profit | 165,136 | 18.3 | 245,907 | 22.5 | 80,771 | 48.9 |
Profit before tax | 174,782 | 19.4 | 248,415 | 22.8 | 73,633 | 42.1 |
Profit attributable to owners of parent | 132,379 | 14.7 | 186,152 | 17.1 | 53,773 | 40.6 |
Average exchange rate (Yen/U.S. dollar) | 146.04 | - | 159.37 | - | 13.33 | - |
*Component ratio as a percentage of revenue
Revenue by Operating Segments
Revenue by Operating Segments during the period was as follows:
Millions of yen | |||||||
Six months ended September 30, 2025 | Six months ended September 30, 2026 | Change | |||||
%* | %* | % | |||||
Capacitors | 454,902 | 50.4 | 605,583 | 55.5 | 150,681 | 33.1 | |
Inductors and EMI Filters | 110,746 | 12.3 | 134,926 | 12.4 | 24,180 | 21.8 | |
Components | 565,648 | 62.7 | 740,509 | 67.9 | 174,861 | 30.9 | |
High-Frequency Device and Communications Module | 202,681 | 22.4 | 198,474 | 18.2 | (4,207) | (2.1) | |
Battery and Power supply | 74,896 | 8.3 | 78,685 | 7.2 | 3,789 | 5.1 | |
Functional Device | 52,188 | 5.8 | 63,702 | 5.8 | 11,514 | 22.1 | |
Devices and Modules | 329,765 | 36.5 | 340,861 | 31.2 | 11,096 | 3.4 | |
Others | 7,365 | 0.8 | 9,394 | 0.9 | 2,029 | 27.5 | |
Revenue | 902,778 | 100.0 | 1,090,764 | 100.0 | 187,986 | 20.8 | |
*Component ratio as a percentage of revenue
Revenue of Components during the period increased by 30.9% year on year to 740,509 million yen.
〔Capacitors〕
The Capacitors category includes MLCCs.
During the period, revenue of MLCCs increased across a wide range of applications, mainly for data centers, distributors and mobility.
As a result, overall revenue increased by 33.1% year on year to 605,583 million yen.
〔Inductors and EMI filters〕
The Inductors and EMI filters category includes inductors and EMI suppression filters.
During the period, revenue of EMI suppression filters and inductors increased for mobility and data centers.
As a result, overall revenue increased by 21.8% year on year to 134,926 million yen.
Revenue of Devices and Modules during the period increased by 3.4% year on year to 340,861 million yen.
〔High-Frequency Device and Communications Module〕
The High-Frequency Device and Communications Module category includes multilayer resin substrates, high-frequency modules, connectivity modules, and SAW filters.
During the period, revenue of multilayer resin substrates decreased for smartphones, and revenue of high-frequency modules decreased for smartphones and PCs.
As a result, overall revenue decreased by 2.1% year on year to 198,474 million yen.
〔Battery and Power supply〕
The Battery and Power supply category includes lithium-ion secondary batteries and power supply modules.
During the period, revenue of lithium-ion secondary batteries increased for data centers but decreased for power tools. Revenue also decreased due in part to the transfer of the micro primary battery business. In contrast, revenue of power supply modules increased for data centers.
As a result, overall revenue increased by 5.1% year on year to 78,685 million yen.
〔Functional Device〕
The Functional Device category includes sensors and timing devices (resonators).
During the period, revenue of sensors increased for mobility and smartphones. In addition, revenue of actuators increased for computers.
As a result, overall revenue increased by 22.1% year on year to 63,702 million yen.
