Financial Overview

(in millions of JPY)

	FY2009	FY2008	Rate of change (%)	Main factor
Overall
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.

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

Facility (Location)	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