Murata Manufacturing Co., Ltd. Business Report FY2009

Business Highlights

Financial Overview

(in millions of JPY)
  FY2009 FY2008 Rate of
change (%)
Main factor
Sales 530,819 523,946 1.3 -
Operating income 26,730 (16,287) - -An increase in sales led to greater income.
-The Company improved its financial position by improving its profitability through reducing fixed costs and others.
Net income 24,757 3,588 590.0 -
Car Electronics Market
Sales 66,500 54,000 23.2 -Sales increased as a result of selling greater numbers of actuators for diesel engines, and ultrasonic sensors for back sonar.

>>>Financial Forecast for the Next Fiscal Year (Sales, Operating Income, etc.)

Earnings forecast for the fiscal year 2010 (ending March 2011)

  Forecast for the 2010 fiscal year ending March 2011 Results for the 2009 fiscal year ending March 2010
Rate of change Rate of change
Sales estimates by product
Overall 11% 1.3%
Capacitors Approximately 16% (0.9%)
Piezoelectric products Approximately 11% 7.8%
Other components Approximately 16% (4.9%)
Communication modules Remain at the same level 15.4%
Other products Approximately 13% (15.6%)
Sales estimates by use
Car Electronics Market Approximately 12% 23.2%


R&D Expense

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 41,649 46,832 42,281
Component Department 20,059 22,680 -
Module Department 8,682 9,350 -
Other departments 68 91 -
Headquarters 12,840 14,711 -


R&D Structure

Facility Location Overview
Yasu Plant Yasu,
Shiga Pref.
-Research and development of industrial engineering, electronic materials and thin-film process technology
Yokohama Technical Center Yokohama,
Kanagawa Pref.
-Development of information communications and function module products
Development building at headquarters Nagaokakyo,
Kyoto Pref.
-Development of wireless modules, etc.
-The third R&D facility following Yasu and Yokohama completed in October 2007.
Yokaichi Plant Higashi-omi,
Shiga Pref.
-Development of materials process
Research Center for Next Generation Technology Kyoto,
Kyoto Pref.
-Research and development of new technology and new business fields

R&D Activities

(Car electronics)
- The Company commercialized its Thermo String, which is a small, high-precision lead thermistor that can sense and detect temperatures. The Thermo String uses the Company's  Chip Posistor or a chip NTC thermistor as the detector element. The special feature of the Thermo String is its ability to detect overheating in secondary batteries (used in HEVs) and other electric equipment, which are now smaller and more densely mounted.

Investment Activities

Capital Expenditure

(in millions of JPY)
  FY2009 FY2008 FY2007
Overall 22,868 65,427 125,557

-The Company invested 12,947 million yen to expand its production facilities and rationalize its and its affiliated companies' business operations. It spent 3,710 million yen to enhance its R&D facilities and 1.838 million yen to acquire land and buildings. 

-The Company did not dispose of any major equipment having a significant impact on the Company's production capacity.


Capital Investment Plans

Targets of investments Planned
amount of investment
(million yen)
From To
Wuxi Murata Electronics Co., Ltd.
(Wuxi, Jiangsu, China)
Facilities for manufacturing components 9,500 April 2010 March 2011
Kanazawa Murata Manufacturing Co., Ltd.
(Hakusan, Ishikawa Pref., Japan)
Facilities for manufacturing components 4,500 April 2010 March 2011
Izumo Murata Manufacturing Co., Ltd.
(Hikawa, Shimane Pref., Japan)
Facilities for manufacturing components 4,500 April 2010 March 2011
Fukui Murata Manufacturing Co., Ltd.
(Echizen, Fukui Pref., Japan)
Facilities for manufacturing components 4,000 April 2010 March 2011
Murata Manufacturing Co., Ltd.
Yokaichi Plant
(Higashi-omi, Shiga Pref., Japan)
Facilities for manufacturing components 3,000 April 2010 March 2011