Cash flow Murata Manufacturing Co., Ltd.

Equities

6981

JP3914400001

Electronic Equipment & Parts

Market Closed - Japan Exchange Other stock markets 10:30:00 13/03/2026 +04			5-day change	1st Jan Change
3,650.00 ^JPY	-1.88%		-3.52%	+12.45%

03-13	Foreign Investors Sell 745.6 Billion Yen of Japanese Stocks in Early March	MT
03-06	Murata Manufacturing Launches Probe After Detecting Unauthorized IT Access	MT

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Published financial data: MURATA MANUFACTURING CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	1,630B	1,813B	1,687B	1,640B	1,743B
Total Revenues	1,630B	1,813B	1,687B	1,640B	1,743B
Cost of Goods Sold, Total	1,008B	1,044B	1,011B	1,003B	1,026B
Gross Profit	622B	768B	676B	637B	718B
Selling General & Admin Expenses, Total	207B	233B	253B	201B	233B
R&D Expenses	102B	111B	124B	133B	149B
Depreciation & Amortization - (IS)	-	-	-	32.94B	34.5B
Other Operating Expenses	-	-	-	8.95B	764M
Other Operating Expenses, Total	309B	344B	377B	376B	418B
Operating Income	313B	424B	298B	261B	300B
Interest Expense, Total	-384M	-318M	-335M	-831M	-686M
Interest And Investment Income	1.67B	1.19B	6.51B	13.21B	16.41B
Net Interest Expenses	1.28B	875M	6.18B	12.38B	15.72B
Income (Loss) On Equity Invest.	-	-	-	31M	109M
Currency Exchange Gains (Loss)	-10.24B	263M	992M	13.22B	11.83B
Other Non Operating Income (Expenses)	12.13B	7.5B	9.84B	2.89B	3.19B
EBT, Excl. Unusual Items	316B	433B	315B	290B	331B
Restructuring Charges	-	-	-	-	-2.4B
Gain (Loss) On Sale Of Investments	-	-	-	554M	-1.12B
Asset Writedown	-	-	-579M	-50.66B	-22.7B
EBT, Incl. Unusual Items	316B	433B	315B	239B	304B
Income Tax Expense	79.39B	119B	61.5B	59.07B	71.43B
Earnings From Continuing Operations	237B	314B	253B	180B	233B
Net Income to Company	237B	314B	253B	180B	233B
Minority Interest	32M	245M	295M	502M	845M
Net Income - (IS)	237B	314B	254B	181B	234B
Preferred Dividend and Other Adjustments	4M	5M	5M	3M	54M
Net Income to Common Incl Extra Items	237B	314B	254B	181B	234B
Net Income to Common Excl. Extra Items	237B	314B	254B	181B	234B
Per Share Items
Net EPS - Basic	123.5	163.65	133.78	95.72	125.08
Basic EPS - Continuing Operations	123.5	163.65	133.78	95.72	125.08
Basic Weighted Average Shares Outstanding	1.92B	1.92B	1.9B	1.89B	1.87B
Net EPS - Diluted	123.5	163.65	133.78	95.72	125.08
Diluted EPS - Continuing Operations	123.5	163.65	133.78	95.72	125.08
Diluted Weighted Average Shares Outstanding	1.92B	1.92B	1.9B	1.89B	1.87B
Normalized Basic EPS	103.05	141.02	104.13	96.04	111.01
Normalized Diluted EPS	103.05	141.02	104.13	96.04	111.01
Dividend Per Share	38.33	43.33	50	52	57
Payout Ratio	28.34	24.44	36.27	52.23	43.44
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	456B	580B	460B	437B	473B
EBITA	313B	424B	311B	261B	300B
EBIT	313B	424B	298B	261B	300B
Effective Tax Rate - (Ratio)	25.09	27.46	19.53	24.67	23.47
Total Current Taxes	-	-	71.93B	-	-
Total Deferred Taxes	-	-	-10.43B	-	-
Normalized Net Income	198B	271B	197B	181B	207B
Non-Cash Pension Expense	1.27B	-1.58B	-1.69B	-4.33B	3.55B
Supplemental Operating Expense Items
Advertising Expense	-	-	-	4.37B	4.92B
Selling and Marketing Expenses	-	-	-	59.55B	67.28B
Research And Development Expense From Footnotes	102B	111B	124B	133B	149B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	364B	370B	319B	622B	625B
Short Term Investments	86.82B	198B	175B	-	-
Total Cash And Short Term Investments	451B	568B	493B	622B	625B
Accounts Receivable, Total	341B	358B	271B	293B	294B
Total Receivables	341B	358B	271B	293B	294B
Inventory	361B	465B	575B	513B	483B
Prepaid Expenses	-	-	68.39B	-	-
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	31.18B	43.73B	803M	72B	95.54B
Total Current Assets	1,184B	1,435B	1,408B	1,500B	1,498B
Gross Property Plant And Equipment	-	-	2,718B	-	-
Accumulated Depreciation	-	-	-1,530B	-	-
Net Property Plant And Equipment	1,079B	1,117B	1,188B	1,244B	1,248B
Long-term Investments	56.86B	65.65B	30.36B	70.48B	53.26B
Goodwill	71.06B	118B	127B	137B	136B
Other Intangibles, Total	33.52B	47.14B	44.39B	39.05B	40.65B
Deferred Tax Assets Long-Term	37.8B	26.56B	31.88B	47.45B	52.68B
Other Long-Term Assets, Total	-	-	43B	-	-
Total Assets	2,462B	2,809B	2,873B	3,038B	3,028B
Liabilities
Accounts Payable, Total	85.93B	93.84B	65.6B	67.62B	69.62B
Accrued Expenses, Total	52.91B	64B	155B	-	-
Short-term Borrowings	97M	-	-	-	-
Current Portion of Long-Term Debt	39.98B	-	59.98B	50.4B	781M
Current Portion of Leases	6.96B	6.38B	8.06B	9.26B	10.04B
Current Income Taxes Payable	41.52B	59.23B	14.18B	26.97B	30.95B
Unearned Revenue Current, Total	-	-	-	883M	883M
Other Current Liabilities	90.52B	97.82B	1.26B	162B	164B
Total Current Liabilities	318B	321B	304B	318B	277B
Long-Term Debt	111B	111B	51.46B	2.44B	1.66B
Long-Term Leases	25.05B	25.63B	35.03B	43.85B	47.51B
Pension & Other Post Retirement Benefits	74B	64.57B	63.26B	70.68B	74.83B
Deferred Tax Liability Non Current	7.6B	13.23B	10.6B	10.95B	12.08B
Other Non Current Liabilities	5.42B	9.6B	6.33B	36.76B	35.62B
Total Liabilities	541B	545B	470B	482B	448B
Common Stock, Total	69.44B	69.44B	69.44B	69.44B	69.44B
Additional Paid In Capital	121B	121B	121B	121B	99.35B
Retained Earnings	1,787B	2,024B	2,186B	2,332B	2,401B
Treasury Stock	-53.55B	-53.54B	-133B	-133B	-135B
Comprehensive Income and Other	-2.63B	102B	159B	167B	147B
Total Common Equity	1,921B	2,264B	2,403B	2,556B	2,581B
Minority Interest	840M	316M	-35M	-538M	-830M
Total Equity	1,922B	2,264B	2,402B	2,556B	2,580B
Total Liabilities And Equity	2,462B	2,809B	2,873B	3,038B	3,028B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	1.92B	1.91B	1.89B	1.88B	1.86B
ECS Total Common Shares Outstanding	1.92B	1.92B	1.89B	1.89B	1.86B
Book Value / Share	1K	1.18K	1.27K	1.35K	1.39K
Tangible Book Value	1,816B	2,098B	2,231B	2,380B	2,404B
Tangible Book Value Per Share	946.22	1.09K	1.18K	1.26K	1.29K
Total Debt	183B	143B	155B	106B	59.99B
Net Debt	-268B	-425B	-339B	-516B	-565B
Debt Equivalent of Unfunded Proj. Benefit Obligation	75.12B	51.75B	41.85B	12.86B	3.46B
Minority Interest, Total (Incl. Fin. Div)	840M	316M	-35M	-538M	-830M
Equity Method Investments, Total	-	-	-	87M	215M
Account Code - Inventory Valuation	-	-	6	-	-
Inventories - Raw Materials, Total	79.41B	98.47B	138B	133B	120B
Inventories - Work In Process, Total	136B	167B	191B	175B	176B
Inventories - Finished Goods, Total	146B	199B	246B	205B	188B
Land - (BS)	-	-	85.65B	-	-
Buildings, Total	-	-	847B	-	-
Machinery, Total	-	-	1,609B	-	-
Full Time Employees	75.18K	77.58K	73.16K	73.16K	72.57K
Accumulated Allowance for Doubtful Accounts (Supple)	1.41B	2.21B	2.28B	-	-
Order Backlog	434B	522B	340B	310B	287B

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	237B	314B	254B	180B	233B
Depreciation & Amortization - CF	143B	156B	149B	176B	173B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	12.46B	-	-
Depreciation & Amortization, Total	143B	156B	161B	176B	173B
(Gain) Loss From Sale Of Asset	6.14B	3.44B	2.22B	52.09B	24.21B
Asset Writedown & Restructuring Costs	-	-	579M	-	-
(Income) Loss On Equity Investments - (CF)	-	-	-	-31M	-109M
Other Operating Activities, Total	-	-	-16B	-67.72B	-81.36B
Change In Accounts Receivable	-42.56B	11.64B	104B	4.12B	-6.78B
Change In Inventories	-16.03B	-81.36B	-101B	83.45B	28.94B
Change In Accounts Payable	22.89B	31.4B	-30.03B	119M	2.25B
Change In Income Taxes	-	-	-45.28B	-	-
Change in Other Net Operating Assets	23.03B	-13.12B	-52.68B	61.39B	78.44B
Cash from Operations	374B	421B	276B	490B	452B
Capital Expenditure	-200B	-151B	-190B	-229B	-183B
Sale of Property, Plant, and Equipment	-	-	-	739M	3.5B
Sale (Purchase) of Intangible assets	-	-	-	-7.6B	-9.91B
Investment in Marketable and Equity Securities, Total	45.29B	-15.9B	28.11B	20.46B	-33.96B
Other Investing Activities, Total	4.31B	-45.87B	3.99B	13.46B	15.23B
Cash from Investing	-150B	-212B	-158B	-202B	-208B
Short Term Debt Issued, Total	-	-	5M	-	-
Long-Term Debt Issued, Total	249M	357M	879M	802M	480M
Total Debt Issued	249M	357M	884M	802M	480M
Short Term Debt Repaid, Total	-50.91B	-91M	-	-	-
Long-Term Debt Repaid, Total	-136M	-40.01B	-6M	-60.01B	-50.89B
Total Debt Repaid	-51.04B	-40.1B	-6M	-60.01B	-50.89B
Repurchase of Common Stock	-	-	-80.01B	-11M	-80.01B
Common Dividends Paid	-67.18B	-76.78B	-92.02B	-94.46B	-102B
Common & Preferred Stock Dividends Paid	-67.18B	-76.78B	-92.02B	-94.46B	-102B
Other Financing Activities, Total	-214M	-986M	-2.56B	-11.64B	-10.74B
Cash from Financing	-118B	-118B	-174B	-165B	-243B
Foreign Exchange Rate Adjustments	272M	12.72B	12.61B	29.86B	2.04B
Net Change in Cash	105B	104B	-42.67B	153B	3.14B
Supplemental Items
Cash Interest Paid	-	-	328M	759M	674M
Cash Income Tax Paid (Refund)	-	-	129B	43.79B	56.76B
Levered Free Cash Flow	101B	181B	30.25B	162B	180B
Unlevered Free Cash Flow	101B	181B	30.46B	162B	181B
Change In Net Working Capital	38.05B	89.38B	127B	-59.49B	-12.7B
Net Debt Issued / Repaid	-50.8B	-39.74B	878M	-59.2B	-50.41B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	8.31	10.06	6.57	5.52	6.18
Return on Total Capital	9.7	11.75	7.52	6.25	7.07
Return On Equity %	13.11	15	10.86	7.27	9.07
Return on Common Equity	13.12	15.01	10.87	7.29	9.1
Margin Analysis
Gross Profit Margin %	38.17	42.38	40.07	38.83	41.17
SG&A Margin	12.71	12.85	15.01	12.28	13.39
EBITDA Margin %	27.99	31.98	27.26	26.64	27.14
EBITA Margin %	19.21	23.4	18.43	15.91	17.19
EBIT Margin %	19.21	23.4	17.69	15.91	17.19
Income From Continuing Operations Margin %	14.54	17.32	15.02	11	13.36
Net Income Margin %	14.54	17.33	15.04	11.03	13.41
Net Avail. For Common Margin %	14.54	17.33	15.04	11.03	13.41
Normalized Net Income Margin	12.13	14.93	11.71	11.06	11.9
Levered Free Cash Flow Margin	6.18	9.96	1.79	9.86	10.33
Unlevered Free Cash Flow Margin	6.19	9.97	1.81	9.89	10.36
Asset Turnover
Asset Turnover	0.69	0.69	0.59	0.55	0.57
Fixed Assets Turnover	1.57	1.65	1.46	1.35	1.4
Receivables Turnover (Average Receivables)	5.24	5.18	5.36	5.82	5.94
Inventory Turnover (Average Inventory)	2.9	2.53	1.94	1.84	2.06
Short Term Liquidity
Current Ratio	3.72	4.47	4.64	4.72	5.42
Quick Ratio	2.49	2.88	2.52	2.88	3.33
Operating Cash Flow to Current Liabilities	1.18	1.31	0.91	1.54	1.63
Days Sales Outstanding (Average Receivables)	69.62	70.4	68.05	62.86	61.47
Days Outstanding Inventory (Average Inventory)	125.97	144.36	187.7	198.45	177.2
Average Days Payable Outstanding	29.14	28.59	25.95	25.9	25.16
Cash Conversion Cycle (Average Days)	166.45	186.17	229.79	235.4	213.5
Long Term Solvency
Total Debt/Equity	9.51	6.32	6.43	4.15	2.33
Total Debt / Total Capital	8.68	5.94	6.04	3.98	2.27
LT Debt/Equity	7.06	6.03	3.6	1.81	1.91
Long-Term Debt / Total Capital	6.45	5.68	3.38	1.74	1.86
Total Liabilities / Total Assets	21.96	19.41	16.37	15.88	14.8
EBIT / Interest Expense	815.73	1.33K	890.94	314.06	436.97
EBITDA / Interest Expense	1.19K	1.82K	1.37K	525.71	689.64
(EBITDA - Capex) / Interest Expense	667.81	1.35K	805.35	250.58	422.97
Total Debt / EBITDA	0.4	0.25	0.34	0.24	0.13
Net Debt / EBITDA	-0.59	-0.73	-0.74	-1.18	-1.19
Total Debt / (EBITDA - Capex)	0.71	0.33	0.57	0.51	0.21
Net Debt / (EBITDA - Capex)	-1.05	-0.99	-1.26	-2.48	-1.95
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	6.27	11.18	-6.94	-2.76	6.29
Gross Profit, 1 Yr. Growth %	7.01	23.47	-12.03	-5.78	12.7
EBITDA, 1 Yr. Growth %	15.96	27.03	-21.13	-4.98	8.29
EBITA, 1 Yr. Growth %	23.69	35.38	-28.98	-16.06	14.86
EBIT, 1 Yr. Growth %	23.69	35.38	-30.15	-12.56	14.86
Earnings From Cont. Operations, 1 Yr. Growth %	29.53	32.42	-19.27	-28.83	29.19
Net Income, 1 Yr. Growth %	29.53	32.51	-19.24	-28.72	29.3
Normalized Net Income, 1 Yr. Growth %	24.55	36.85	-27.59	-8.11	14.35
Diluted EPS Before Extra, 1 Yr. Growth %	29.53	32.51	-18.26	-28.45	30.67
Accounts Receivable, 1 Yr. Growth %	21.29	5.12	-24.47	8.17	0.57
Inventory, 1 Yr. Growth %	8.05	28.61	23.74	-10.78	-5.88
Net Property, Plant and Equip., 1 Yr. Growth %	7.65	3.5	6.41	4.7	0.32
Total Assets, 1 Yr. Growth %	9.42	14.09	2.26	5.75	-0.32
Tangible Book Value, 1 Yr. Growth %	14.77	15.54	6.33	6.66	1.03
Common Equity, 1 Yr. Growth %	13.38	17.85	6.14	6.39	0.96
Cash From Operations, 1 Yr. Growth %	6.63	12.82	-34.45	77.23	-7.71
Capital Expenditures, 1 Yr. Growth %	-30.1	-24.69	26.19	20.36	-19.98
Levered Free Cash Flow, 1 Yr. Growth %	1.6K	79.29	-78.78	434.59	11.36
Unlevered Free Cash Flow, 1 Yr. Growth %	1.52K	79.06	-78.66	432.62	11.27
Dividend Per Share, 1 Yr. Growth %	18.56	13.04	15.38	4	9.62
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	1.74	8.7	1.72	-4.87	1.66
Gross Profit, 2 Yr. CAGR %	1.81	14.94	4.22	-8.96	3.05
EBITDA, 2 Yr. CAGR %	8	21.37	-0.01	-13.43	1.44
EBITA, 2 Yr. CAGR %	8.35	29.4	-0.93	-22.79	-1.81
EBIT, 2 Yr. CAGR %	8.35	29.4	-2.94	-21.85	0.22
Earnings From Cont. Operations, 2 Yr. CAGR %	7.02	30.97	3.4	-24.2	-4.11
Net Income, 2 Yr. CAGR %	7.03	31.01	3.45	-24.13	-4
Normalized Net Income, 2 Yr. CAGR %	8.82	30.56	-0.64	-18.43	2.5
Diluted EPS Before Extra, 2 Yr. CAGR %	7.03	31.01	4.08	-23.52	-3.31
Accounts Receivable, 2 Yr. CAGR %	11.52	12.92	-10.9	-9.61	4.3
Inventory, 2 Yr. CAGR %	1.71	17.88	26.15	5.07	-8.37
Net Property, Plant and Equip., 2 Yr. CAGR %	12.23	5.55	4.95	5.55	2.48
Total Assets, 2 Yr. CAGR %	9.62	11.73	8.01	3.99	2.67
Tangible Book Value, 2 Yr. CAGR %	10.85	15.15	10.84	6.5	3.81
Common Equity, 2 Yr. CAGR %	9.43	15.59	11.84	6.27	3.64
Cash From Operations, 2 Yr. CAGR %	15.54	9.68	-14	7.79	27.89
Capital Expenditures, 2 Yr. CAGR %	-17.21	-27.44	-2.51	23.24	-1.86
Levered Free Cash Flow, 2 Yr. CAGR %	14.17	452.7	-53.99	-5.87	144
Unlevered Free Cash Flow, 2 Yr. CAGR %	14.5	438.61	-53.87	-5.77	143.45
Dividend Per Share, 2 Yr. CAGR %	11	15.77	14.21	9.54	6.77
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	5.92	4.79	3.21	0.2	-1.29
Gross Profit, 3 Yr. CAGR %	11.88	8.57	5.14	0.78	-2.24
EBITDA, 3 Yr. CAGR %	14.53	14	4.97	-1.44	-6.72
EBITA, 3 Yr. CAGR %	24.54	16.7	6.53	-5.9	-11.86
EBIT, 3 Yr. CAGR %	24.54	16.7	5.09	-5.9	-11.15
Earnings From Cont. Operations, 3 Yr. CAGR %	17.52	14.89	11.46	-8.71	-9.46
Net Income, 3 Yr. CAGR %	17.51	14.93	11.5	-8.63	-9.37
Normalized Net Income, 3 Yr. CAGR %	23.54	17.46	6.99	-2.83	-8.71
Diluted EPS Before Extra, 3 Yr. CAGR %	17.46	14.92	11.95	-8.14	-8.57
Accounts Receivable, 3 Yr. CAGR %	9.75	9.34	-1.25	-4.95	-6.34
Inventory, 3 Yr. CAGR %	7.57	9.98	19.8	12.39	1.28
Net Property, Plant and Equip., 3 Yr. CAGR %	15.22	9.24	5.84	4.86	3.78
Total Assets, 3 Yr. CAGR %	11.07	11.09	8.48	7.25	2.53
Tangible Book Value, 3 Yr. CAGR %	11.07	12.39	12.13	9.43	4.64
Common Equity, 3 Yr. CAGR %	9.66	12.17	12.35	9.99	4.47
Cash From Operations, 3 Yr. CAGR %	18.37	14.63	-7.61	9.44	2.35
Capital Expenditures, 3 Yr. CAGR %	-13.29	-19.78	-12.74	4.58	6.71
Levered Free Cash Flow, 3 Yr. CAGR %	2.29	32.71	-	17.12	-0.45
Unlevered Free Cash Flow, 3 Yr. CAGR %	2.5	32.91	-	17.15	-0.4
Dividend Per Share, 3 Yr. CAGR %	9.89	11.68	15.64	10.7	9.57
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.13	9.8	4.22	0.81	2.59
Gross Profit, 5 Yr. CAGR %	4.52	12.18	8.75	1.19	4.3
EBITDA, 5 Yr. CAGR %	4.03	12.99	8.64	2.23	3.75
EBITA, 5 Yr. CAGR %	2.61	16.08	13.91	-0.44	3.43
EBIT, 5 Yr. CAGR %	2.61	16.08	12.98	-0.44	3.43
Earnings From Cont. Operations, 5 Yr. CAGR %	3.02	15	11.65	-2.72	4.95
Net Income, 5 Yr. CAGR %	3.07	15.02	11.67	-2.66	5.02
Normalized Net Income, 5 Yr. CAGR %	2.59	16.66	14.38	1.67	5.49
Diluted EPS Before Extra, 5 Yr. CAGR %	2.92	14.95	11.91	-2.35	5.58
Accounts Receivable, 5 Yr. CAGR %	11.92	11.39	0.97	1.32	0.94
Inventory, 5 Yr. CAGR %	10.69	17.06	14.65	7.99	7.62
Net Property, Plant and Equip., 5 Yr. CAGR %	18.8	17.06	11	7.75	4.48
Total Assets, 5 Yr. CAGR %	10.16	11.43	9.84	8.2	6.12
Tangible Book Value, 5 Yr. CAGR %	10.08	11.03	10.98	10	8.73
Common Equity, 5 Yr. CAGR %	9.34	10.81	10.53	9.77	8.78
Cash From Operations, 5 Yr. CAGR %	8.15	11.56	4.17	11.84	5.22
Capital Expenditures, 5 Yr. CAGR %	2.98	-1.04	-9.13	-4.75	-8.55
Levered Free Cash Flow, 5 Yr. CAGR %	4.03	26.72	-20.3	15.93	98.06
Unlevered Free Cash Flow, 5 Yr. CAGR %	4.06	26.67	-20.13	16.08	96.08
Dividend Per Share, 5 Yr. CAGR %	10.44	12.13	11.6	10.82	12.01