Net sales for the period under review increased by 6.6% from the previous quarter due mainly to seasonal factors of smartphones which contributed to sales increases in modules and capacitors. The figure stood at a level forecasted previously as customers continued securing inventory levels, despite a decrease in production unit volume affected by a shortage of semiconductors and other materials.
Net sales for the first half of the fiscal year showed a huge increase by 20.8% year on year thanks to the significant growth of demand for car electronics, computers and related devices.
Despite an increase in production-related costs along with increased output, operating income for the first half of the fiscal year increased by 68.9% year on year, with an operating income ratio up 7.0 points to 24.5% year on year, contributed by positive factors including profits generated by improved operation capacity and cost reduction.
The Companies have not revised their projected results for the year ending March 31, 2022, which were announced on July 29, 2021.
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Murata Manufacturing Co. Ltd. published this content on 29 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 06:17:01 UTC.
Murata Manufacturing Co., Ltd. is one of the world leaders in design, production and marketing of innovative electronic components for the telecommunications and automobile sectors, etc. Net sales break down by family of products as follows:
- electronic components (74.4%): capacitors, piezoelectric components, etc.;
- modules (22.4%);
- other (3.2%).
Sales break down geographically as follows: Japan (9.2%), China (54.8%), Asia (15.6%), America (11.4%) and Europe (9%).