Murata Manufacturing Co., Ltd. Provides Earnings Guidance for the Six Months Ending September 30, 2020 and Full Year Ending March 31, 2021
July 31, 2020 at 11:41 am IST
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Murata Manufacturing Co., Ltd. provided earnings guidance for the six months ending September 30, 2020 and full year ending March 31, 2021. For the six months, the company expects net sales of JPY 681,000 million, operating income of JPY 97,000 and net income attributable to company of JPY 69,300 million or JPY 108.32 per share.
For the year, the company expects net sales of JPY 1,430,000 million, operating income of JPY 210,000 and net income attributable to company of JPY 150,000 million or JPY 234.45 per share.
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%).