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    6981   JP3914400001

MURATA MANUFACTURING CO., LTD

(6981)
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Delayed Japan Exchange  -  05/27 02:00:00 am EDT
7965.00 JPY   +0.81%
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Murata Manufacturing : Construction Set to Start on New R&D Building at Sabae Murata Manufacturing

01/07/2022 | 01:18am EDT

1/7/2022

Murata Manufacturing Co., Ltd.
President: Norio Nakajima



Sabae Murata Manufacturing Co., Ltd. (in Sabae, Fukui Prefecture), a manufacturing subsidiary of Murata Manufacturing Co., Ltd., will start construction of a new research and development building in February 2022.
The new research and development building will used for developing plating technology suitable for making electronic components smaller, thinner and lighter, as well as the necessary technology to bring it to mass production.

Overview of the new R&D building
Structure and scale: Steel-frame construction, 6 stories above ground, 1 below
Total floor area:
11,322㎡
Building area:
1,797㎡
Purpose:
Development and launch of plating technology
Completion date:
August 2023 (projected)
Total investment:
6.4 billion yen (building only)

Overview of Sabae Murata Manufacturing
Location:
2-82, 1-chome, Miyukicho, Sabae-shi, Fukui Prefecture, Japan
Established:
April 1979
Capital:
200 million yen
Representative:
Shinji Nomura, President and Representative Director
Facility manager:
Shigeo Moriuchi, Director and Manager
Number of employees:
657 (as of April 1, 2021)
Business description:
Manufacture of metal mechanical components such as high frequency connectors,
manufacture of precision machining parts (dies and jigs), plating of electronic components

Murata in Brief

Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world.

For more information, visit Murata's website

Disclaimer

Murata Manufacturing Co. Ltd. published this content on 07 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 January 2022 06:17:04 UTC.


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Financials
Sales 2022 1 789 B 14 076 M 14 076 M
Net income 2022 311 B 2 449 M 2 449 M
Net cash 2022 485 B 3 820 M 3 820 M
P/E ratio 2022 16,5x
Yield 2022 1,57%
Capitalization 5 096 B 40 099 M 40 099 M
EV / Sales 2022 2,58x
EV / Sales 2023 2,32x
Nbr of Employees 77 581
Free-Float 92,8%
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 7 965,00 JPY
Average target price 10 450,00 JPY
Spread / Average Target 31,2%
EPS Revisions
Managers and Directors
Norio Nakajima President & Representative Director
Masanori Minamide Manager-Finance, Accounting & Planning Group
Tsuneo Murata Chairman
Hiroshi Iwatsubo Director & Managing Executive Officer
Nagato Omori Head-Technology Development & Business Planning
Sector and Competitors