Balance Sheet Murata Manufacturing Co., Ltd.

Stocks

6981

JP3914400001

Electronic Equipment & Parts

Market Closed - Japan Exchange Other stock markets 10:30:00 14/07/2026 +04			5-day change	1st Jan Change
9,100.00 ^JPY	+0.38%		-11.22%	+180.35%

07-07	Tranche Update on Murata Manufacturing Co., Ltd.'s Equity Buyback Plan announced on April 30, 2026.	CI
07-06	Japan's Topix rises on oil price drop, Nikkei weighed down by tech	RE

b6950dcc26b90936e7a.MlIZePw8g_pUHDdvrCsnsBCm-UtHbzLs1nhl3J1CkHM.ehNcPsh2-4gnJUUr60pS90LEszk1W1agmwwN8fQs-yl8C0gsvwnTgCxYZg

Published financial data: MURATA MANUFACTURING CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2022	2023	2024	2025	2026
Revenues	1,813B	1,687B	1,640B	1,743B	1,831B
Total Revenues	1,813B	1,687B	1,640B	1,743B	1,831B
Cost of Goods Sold, Total	1,044B	1,011B	1,003B	1,026B	1,056B
Gross Profit	768B	676B	637B	718B	775B
Selling General & Admin Expenses, Total	233B	253B	201B	233B	244B
R&D Expenses	111B	124B	133B	149B	159B
Depreciation & Amortization - (IS)	-	-	32.94B	34.5B	41.67B
Other Operating Expenses	-	-	8.95B	764M	7.03B
Other Operating Expenses, Total	344B	377B	376B	418B	451B
Operating Income	424B	298B	261B	300B	323B
Interest Expense, Total	-318M	-335M	-831M	-686M	-935M
Interest And Investment Income	1.19B	6.51B	13.21B	16.41B	12.97B
Net Interest Expenses	875M	6.18B	12.38B	15.72B	12.04B
Income (Loss) On Equity Invest.	-	-	31M	109M	15M
Currency Exchange Gains (Loss)	263M	992M	13.22B	11.83B	11.35B
Other Non Operating Income (Expenses)	7.5B	9.84B	2.89B	3.19B	6.42B
EBT, Excl. Unusual Items	433B	315B	290B	331B	353B
Restructuring Charges	-	-	-	-2.4B	-1.59B
Gain (Loss) On Sale Of Investments	-	-	554M	-1.12B	440M
Gain (Loss) On Sale Of Assets	-	-	-	-	5.69B
Asset Writedown	-	-579M	-50.66B	-22.7B	-49.13B
EBT, Incl. Unusual Items	433B	315B	239B	304B	309B
Income Tax Expense	119B	61.5B	59.07B	71.43B	74.86B
Earnings From Continuing Operations	314B	253B	180B	233B	234B
Net Income to Company	314B	253B	180B	233B	234B
Minority Interest	245M	295M	502M	845M	139M
Net Income - (IS)	314B	254B	181B	234B	234B
Preferred Dividend and Other Adjustments	5M	5M	3M	54M	91M
Net Income to Common Incl Extra Items	314B	254B	181B	234B	234B
Net Income to Common Excl. Extra Items	314B	254B	181B	234B	234B
Per Share Items
Net EPS - Basic	163.65	133.78	95.72	125.08	127.66
Basic EPS - Continuing Operations	163.65	133.78	95.72	125.08	127.66
Basic Weighted Average Shares Outstanding	1.92B	1.9B	1.89B	1.87B	1.83B
Net EPS - Diluted	163.65	133.78	95.72	125.08	127.65
Diluted EPS - Continuing Operations	163.65	133.78	95.72	125.08	127.65
Diluted Weighted Average Shares Outstanding	1.92B	1.9B	1.89B	1.87B	1.83B
Normalized Basic EPS	141.02	104.13	96.04	111.01	120.6
Normalized Diluted EPS	141.02	104.13	96.04	111.01	120.6
Dividend Per Share	43.33	50	52	57	65
Payout Ratio	24.44	36.27	52.23	43.44	47.33
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	580B	460B	437B	473B	502B
EBITA	424B	311B	261B	300B	323B
EBIT	424B	298B	261B	300B	323B
Effective Tax Rate - (Ratio)	27.46	19.53	24.67	23.47	24.26
Total Current Taxes	-	71.93B	-	-	-
Total Deferred Taxes	-	-10.43B	-	-	-
Normalized Net Income	271B	197B	181B	207B	221B
Non-Cash Pension Expense	-1.58B	-1.69B	-4.33B	3.55B	3.96B
Supplemental Operating Expense Items
Advertising Expense	-	-	4.37B	4.92B	4.99B
Selling and Marketing Expenses	-	-	59.55B	67.28B	65.65B
Research And Development Expense From Footnotes	111B	124B	133B	149B	159B

Fiscal Period: March	2022	2023	2024	2025	2026
Assets
Cash And Equivalents	370B	319B	622B	625B	654B
Short Term Investments	198B	175B	-	-	-
Total Cash And Short Term Investments	568B	493B	622B	625B	654B
Accounts Receivable, Total	358B	271B	293B	294B	328B
Total Receivables	358B	271B	293B	294B	328B
Inventory	465B	575B	513B	483B	520B
Prepaid Expenses	-	68.39B	-	-	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	43.73B	803M	72B	95.54B	79.06B
Total Current Assets	1,435B	1,408B	1,500B	1,498B	1,581B
Gross Property Plant And Equipment	-	2,718B	-	-	-
Accumulated Depreciation	-	-1,530B	-	-	-
Net Property Plant And Equipment	1,117B	1,188B	1,244B	1,248B	1,360B
Long-term Investments	65.65B	30.36B	70.48B	53.26B	61.11B
Goodwill	118B	127B	137B	136B	99.49B
Other Intangibles, Total	47.14B	44.39B	39.05B	40.65B	36.23B
Deferred Tax Assets Long-Term	26.56B	31.88B	47.45B	52.68B	60.42B
Other Long-Term Assets, Total	-	43B	-	-	-
Total Assets	2,809B	2,873B	3,038B	3,028B	3,199B
Liabilities
Accounts Payable, Total	93.84B	65.6B	67.62B	69.62B	79.8B
Accrued Expenses, Total	64B	155B	-	-	-
Short-term Borrowings	-	-	-	-	684M
Current Portion of Long-Term Debt	-	59.98B	50.4B	781M	1.06B
Current Portion of Leases	6.38B	8.06B	9.26B	10.04B	10.76B
Current Income Taxes Payable	59.23B	14.18B	26.97B	30.95B	43.18B
Unearned Revenue Current, Total	-	-	883M	883M	1.41B
Other Current Liabilities	97.82B	1.26B	162B	164B	180B
Total Current Liabilities	321B	304B	318B	277B	316B
Long-Term Debt	111B	51.46B	2.44B	1.66B	1.52B
Long-Term Leases	25.63B	35.03B	43.85B	47.51B	41.74B
Pension & Other Post Retirement Benefits	64.57B	63.26B	70.68B	74.83B	72.27B
Deferred Tax Liability Non Current	13.23B	10.6B	10.95B	12.08B	10.04B
Other Non Current Liabilities	9.6B	6.33B	36.76B	35.62B	39.23B
Total Liabilities	545B	470B	482B	448B	481B
Common Stock, Total	69.44B	69.44B	69.44B	69.44B	69.44B
Additional Paid In Capital	121B	121B	121B	99.35B	100B
Retained Earnings	2,024B	2,186B	2,332B	2,401B	2,529B
Treasury Stock	-53.54B	-133B	-133B	-135B	-235B
Comprehensive Income and Other	102B	159B	167B	147B	256B
Total Common Equity	2,264B	2,403B	2,556B	2,581B	2,719B
Minority Interest	316M	-35M	-538M	-830M	-933M
Total Equity	2,264B	2,402B	2,556B	2,580B	2,718B
Total Liabilities And Equity	2,809B	2,873B	3,038B	3,028B	3,199B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.91B	1.89B	1.88B	1.86B	1.82B
ECS Total Common Shares Outstanding	1.92B	1.89B	1.89B	1.86B	1.82B
Book Value / Share	1.18K	1.27K	1.35K	1.39K	1.49K
Tangible Book Value	2,098B	2,231B	2,380B	2,404B	2,583B
Tangible Book Value Per Share	1.09K	1.18K	1.26K	1.29K	1.42K
Total Debt	143B	155B	106B	59.99B	55.77B
Net Debt	-425B	-339B	-516B	-565B	-598B
Debt Equivalent of Unfunded Proj. Benefit Obligation	51.75B	41.85B	12.86B	3.46B	-25.54B
Minority Interest, Total (Incl. Fin. Div)	316M	-35M	-538M	-830M	-933M
Equity Method Investments, Total	-	-	87M	215M	234M
Account Code - Inventory Valuation	-	6	-	-	-
Inventories - Raw Materials, Total	98.47B	138B	133B	120B	130B
Inventories - Work In Process, Total	167B	191B	175B	176B	195B
Inventories - Finished Goods, Total	199B	246B	205B	188B	196B
Land - (BS)	-	85.65B	-	-	-
Buildings, Total	-	847B	-	-	-
Machinery, Total	-	1,609B	-	-	-
Full Time Employees	77.58K	73.16K	73.16K	72.57K	74.3K
Accumulated Allowance for Doubtful Accounts (Supple)	2.21B	2.28B	-	-	-
Order Backlog	522B	340B	310B	287B	446B

Fiscal Period: March	2022	2023	2024	2025	2026
Net Income	314B	254B	180B	233B	234B
Depreciation & Amortization - CF	156B	149B	176B	173B	178B
Amortization of Goodwill and Intangible Assets - (CF)	-	12.46B	-	-	-
Depreciation & Amortization, Total	156B	161B	176B	173B	178B
(Gain) Loss From Sale Of Asset	3.44B	2.22B	52.09B	24.21B	53.33B
Asset Writedown & Restructuring Costs	-	579M	-	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-31M	-109M	-15M
Other Operating Activities, Total	-	-16B	-67.72B	-81.36B	-102B
Change In Accounts Receivable	11.64B	104B	4.12B	-6.78B	-9.02B
Change In Inventories	-81.36B	-101B	83.45B	28.94B	-16.85B
Change In Accounts Payable	31.4B	-30.03B	119M	2.25B	7.82B
Change In Income Taxes	-	-45.28B	-	-	-
Change in Other Net Operating Assets	-13.12B	-52.68B	61.39B	78.44B	79.82B
Cash from Operations	421B	276B	490B	452B	425B
Capital Expenditure	-151B	-190B	-229B	-183B	-245B
Sale of Property, Plant, and Equipment	-	-	739M	3.5B	1.63B
Sale (Purchase) of Intangible assets	-	-	-7.6B	-9.91B	-7.6B
Investment in Marketable and Equity Securities, Total	-15.9B	28.11B	20.46B	-33.96B	35.08B
Other Investing Activities, Total	-45.87B	3.99B	13.46B	15.23B	21.7B
Cash from Investing	-212B	-158B	-202B	-208B	-194B
Short Term Debt Issued, Total	-	5M	-	-	692M
Long-Term Debt Issued, Total	357M	879M	802M	480M	140M
Total Debt Issued	357M	884M	802M	480M	832M
Short Term Debt Repaid, Total	-91M	-	-	-	-
Long-Term Debt Repaid, Total	-40.01B	-6M	-60.01B	-50.89B	-
Total Debt Repaid	-40.1B	-6M	-60.01B	-50.89B	-
Repurchase of Common Stock	-	-80.01B	-11M	-80.01B	-100B
Common Dividends Paid	-76.78B	-92.02B	-94.46B	-102B	-111B
Common & Preferred Stock Dividends Paid	-76.78B	-92.02B	-94.46B	-102B	-111B
Other Financing Activities, Total	-986M	-2.56B	-11.64B	-10.74B	-11.92B
Cash from Financing	-118B	-174B	-165B	-243B	-222B
Foreign Exchange Rate Adjustments	12.72B	12.61B	29.86B	2.04B	18.96B
Net Change in Cash	104B	-42.67B	153B	3.14B	28.55B
Supplemental Items
Cash Interest Paid	-	328M	759M	674M	929M
Cash Income Tax Paid (Refund)	-	129B	43.79B	56.76B	75.07B
Levered Free Cash Flow	181B	30.25B	162B	180B	111B
Unlevered Free Cash Flow	181B	30.46B	162B	181B	111B
Change In Net Working Capital	89.38B	127B	-59.49B	-12.7B	16.62B
Net Debt Issued / Repaid	-39.74B	878M	-59.2B	-50.41B	832M

Fiscal Period: March	2022	2023	2024	2025	2026
Profitability
Return on Assets	10.06	6.57	5.52	6.18	6.49
Return on Total Capital	11.75	7.52	6.25	7.07	7.47
Return On Equity %	15	10.86	7.27	9.07	8.83
Return on Common Equity	15.01	10.87	7.29	9.1	8.82
Margin Analysis
Gross Profit Margin %	42.38	40.07	38.83	41.17	42.32
SG&A Margin	12.85	15.01	12.28	13.39	13.32
EBITDA Margin %	31.98	27.26	26.64	27.14	27.4
EBITA Margin %	23.4	18.43	15.91	17.19	17.66
EBIT Margin %	23.4	17.69	15.91	17.19	17.66
Income From Continuing Operations Margin %	17.32	15.02	11	13.36	12.77
Net Income Margin %	17.33	15.04	11.03	13.41	12.78
Net Avail. For Common Margin %	17.33	15.04	11.03	13.41	12.77
Normalized Net Income Margin	14.93	11.71	11.06	11.9	12.07
Levered Free Cash Flow Margin	9.96	1.79	9.86	10.33	6.06
Unlevered Free Cash Flow Margin	9.97	1.81	9.89	10.36	6.09
Asset Turnover
Asset Turnover	0.69	0.59	0.55	0.57	0.59
Fixed Assets Turnover	1.65	1.46	1.35	1.4	1.4
Receivables Turnover (Average Receivables)	5.18	5.36	5.82	5.94	5.88
Inventory Turnover (Average Inventory)	2.53	1.94	1.84	2.06	2.11
Short Term Liquidity
Current Ratio	4.47	4.64	4.72	5.42	5
Quick Ratio	2.88	2.52	2.88	3.33	3.1
Operating Cash Flow to Current Liabilities	1.31	0.91	1.54	1.63	1.34
Days Sales Outstanding (Average Receivables)	70.4	68.05	62.86	61.47	62.06
Days Outstanding Inventory (Average Inventory)	144.36	187.7	198.45	177.2	173.39
Average Days Payable Outstanding	28.59	25.95	25.9	25.16	24.93
Cash Conversion Cycle (Average Days)	186.17	229.79	235.4	213.5	210.51
Long Term Solvency
Total Debt/Equity	6.32	6.43	4.15	2.33	2.05
Total Debt / Total Capital	5.94	6.04	3.98	2.27	2.01
LT Debt/Equity	6.03	3.6	1.81	1.91	1.59
Long-Term Debt / Total Capital	5.68	3.38	1.74	1.86	1.56
Total Liabilities / Total Assets	19.41	16.37	15.88	14.8	15.04
EBIT / Interest Expense	1.33K	890.94	314.06	436.97	345.88
EBITDA / Interest Expense	1.82K	1.37K	525.71	689.64	536.49
(EBITDA - Capex) / Interest Expense	1.35K	805.35	250.58	422.97	274.86
Total Debt / EBITDA	0.25	0.34	0.24	0.13	0.11
Net Debt / EBITDA	-0.73	-0.74	-1.18	-1.19	-1.19
Total Debt / (EBITDA - Capex)	0.33	0.57	0.51	0.21	0.22
Net Debt / (EBITDA - Capex)	-0.99	-1.26	-2.48	-1.95	-2.33
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	11.18	-6.94	-2.76	6.29	5.02
Gross Profit, 1 Yr. Growth %	23.47	-12.03	-5.78	12.7	7.96
EBITDA, 1 Yr. Growth %	27.03	-21.13	-4.98	8.29	6.03
EBITA, 1 Yr. Growth %	35.38	-28.98	-16.06	14.86	7.89
EBIT, 1 Yr. Growth %	35.38	-30.15	-12.56	14.86	7.89
Earnings From Cont. Operations, 1 Yr. Growth %	32.42	-19.27	-28.83	29.19	0.35
Net Income, 1 Yr. Growth %	32.51	-19.24	-28.72	29.3	0.04
Normalized Net Income, 1 Yr. Growth %	36.85	-27.59	-8.11	14.35	6.47
Diluted EPS Before Extra, 1 Yr. Growth %	32.51	-18.26	-28.45	30.67	2.06
Accounts Receivable, 1 Yr. Growth %	5.12	-24.47	8.17	0.57	11.46
Inventory, 1 Yr. Growth %	28.61	23.74	-10.78	-5.88	7.8
Net Property, Plant and Equip., 1 Yr. Growth %	3.5	6.41	4.7	0.32	9.02
Total Assets, 1 Yr. Growth %	14.09	2.26	5.75	-0.32	5.64
Tangible Book Value, 1 Yr. Growth %	15.54	6.33	6.66	1.03	7.43
Common Equity, 1 Yr. Growth %	17.85	6.14	6.39	0.96	5.34
Cash From Operations, 1 Yr. Growth %	12.82	-34.45	77.23	-7.71	-5.9
Capital Expenditures, 1 Yr. Growth %	-24.69	26.19	20.36	-19.98	33.72
Levered Free Cash Flow, 1 Yr. Growth %	79.29	-78.78	434.59	11.36	-38.42
Unlevered Free Cash Flow, 1 Yr. Growth %	79.06	-78.66	432.62	11.27	-38.24
Dividend Per Share, 1 Yr. Growth %	13.04	15.38	4	9.62	14.04
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	8.7	1.72	-4.87	1.66	5.65
Gross Profit, 2 Yr. CAGR %	14.94	4.22	-8.96	3.05	10.31
EBITDA, 2 Yr. CAGR %	21.37	-0.01	-13.43	1.44	7.16
EBITA, 2 Yr. CAGR %	29.4	-0.93	-22.79	-1.81	11.32
EBIT, 2 Yr. CAGR %	29.4	-2.94	-21.85	0.22	11.32
Earnings From Cont. Operations, 2 Yr. CAGR %	30.97	3.4	-24.2	-4.11	13.86
Net Income, 2 Yr. CAGR %	31.01	3.45	-24.13	-4	13.73
Normalized Net Income, 2 Yr. CAGR %	30.56	-0.64	-18.43	2.5	10.34
Diluted EPS Before Extra, 2 Yr. CAGR %	31.01	4.08	-23.52	-3.31	15.48
Accounts Receivable, 2 Yr. CAGR %	12.92	-10.9	-9.61	4.3	5.88
Inventory, 2 Yr. CAGR %	17.88	26.15	5.07	-8.37	0.72
Net Property, Plant and Equip., 2 Yr. CAGR %	5.55	4.95	5.55	2.48	4.58
Total Assets, 2 Yr. CAGR %	11.73	8.01	3.99	2.67	2.62
Tangible Book Value, 2 Yr. CAGR %	15.15	10.84	6.5	3.81	4.18
Common Equity, 2 Yr. CAGR %	15.59	11.84	6.27	3.64	3.13
Cash From Operations, 2 Yr. CAGR %	9.68	-14	7.79	27.89	-6.81
Capital Expenditures, 2 Yr. CAGR %	-27.44	-2.51	23.24	-1.86	3.44
Levered Free Cash Flow, 2 Yr. CAGR %	452.7	-53.99	-5.87	144	-17.19
Unlevered Free Cash Flow, 2 Yr. CAGR %	438.61	-53.87	-5.77	143.45	-17.1
Dividend Per Share, 2 Yr. CAGR %	15.77	14.21	9.54	6.77	11.8
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	4.79	3.21	0.2	-1.29	2.77
Gross Profit, 3 Yr. CAGR %	8.57	5.14	0.78	-2.24	4.66
EBITDA, 3 Yr. CAGR %	14	4.97	-1.44	-6.72	2.95
EBITA, 3 Yr. CAGR %	16.7	6.53	-5.9	-11.86	1.32
EBIT, 3 Yr. CAGR %	16.7	5.09	-5.9	-11.15	2.71
Earnings From Cont. Operations, 3 Yr. CAGR %	14.89	11.46	-8.71	-9.46	-2.65
Net Income, 3 Yr. CAGR %	14.93	11.5	-8.63	-9.37	-2.67
Normalized Net Income, 3 Yr. CAGR %	17.46	6.99	-2.83	-8.71	3.81
Diluted EPS Before Extra, 3 Yr. CAGR %	14.92	11.95	-8.14	-8.57	-1.55
Accounts Receivable, 3 Yr. CAGR %	9.34	-1.25	-4.95	-6.34	6.64
Inventory, 3 Yr. CAGR %	9.98	19.8	12.39	1.28	-3.27
Net Property, Plant and Equip., 3 Yr. CAGR %	9.24	5.84	4.86	3.78	4.62
Total Assets, 3 Yr. CAGR %	11.09	8.48	7.25	2.53	3.65
Tangible Book Value, 3 Yr. CAGR %	12.39	12.13	9.43	4.64	5
Common Equity, 3 Yr. CAGR %	12.17	12.35	9.99	4.47	4.21
Cash From Operations, 3 Yr. CAGR %	14.63	-7.61	9.44	2.35	15.46
Capital Expenditures, 3 Yr. CAGR %	-19.78	-12.74	4.58	6.71	8.8
Levered Free Cash Flow, 3 Yr. CAGR %	32.71	-	17.12	-0.45	54.19
Unlevered Free Cash Flow, 3 Yr. CAGR %	32.91	-	17.15	-0.4	54.11
Dividend Per Share, 3 Yr. CAGR %	11.68	15.64	10.7	9.57	9.14
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	9.8	4.22	0.81	2.59	2.35
Gross Profit, 5 Yr. CAGR %	12.18	8.75	1.19	4.3	4.49
EBITDA, 5 Yr. CAGR %	12.99	8.64	2.23	3.75	1.91
EBITA, 5 Yr. CAGR %	16.08	13.91	-0.44	3.43	0.64
EBIT, 5 Yr. CAGR %	16.08	12.98	-0.44	3.43	0.64
Earnings From Cont. Operations, 5 Yr. CAGR %	15	11.65	-2.72	4.95	-0.28
Net Income, 5 Yr. CAGR %	15.02	11.67	-2.66	5.02	-0.27
Normalized Net Income, 5 Yr. CAGR %	16.66	14.38	1.67	5.49	2.23
Diluted EPS Before Extra, 5 Yr. CAGR %	14.95	11.91	-2.35	5.58	0.66
Accounts Receivable, 5 Yr. CAGR %	11.39	0.97	1.32	0.94	-0.76
Inventory, 5 Yr. CAGR %	17.06	14.65	7.99	7.62	7.57
Net Property, Plant and Equip., 5 Yr. CAGR %	17.06	11	7.75	4.48	4.75
Total Assets, 5 Yr. CAGR %	11.43	9.84	8.2	6.12	5.38
Tangible Book Value, 5 Yr. CAGR %	11.03	10.98	10	8.73	7.3
Common Equity, 5 Yr. CAGR %	10.81	10.53	9.77	8.78	7.2
Cash From Operations, 5 Yr. CAGR %	11.56	4.17	11.84	5.22	2.62
Capital Expenditures, 5 Yr. CAGR %	-1.04	-9.13	-4.75	-8.55	4.12
Levered Free Cash Flow, 5 Yr. CAGR %	26.72	-20.3	15.93	98.06	1.95
Unlevered Free Cash Flow, 5 Yr. CAGR %	26.67	-20.13	16.08	96.08	2.01
Dividend Per Share, 5 Yr. CAGR %	12.13	11.6	10.82	12.01	11.14