Murata Manufacturing market cap is ¥3.9 t, and annual revenue was ¥1.58 t in FY 2018

Murata Manufacturing Gross profit (Q2, 2019)151.6 B

Murata Manufacturing Gross profit margin (Q2, 2019), %37.6%

Murata Manufacturing Net income (Q2, 2019)43.9 B

Murata Manufacturing EBIT (Q2, 2019)58.8 B

Murata Manufacturing Cash, 30-Sept-2019211.4 B

Murata Manufacturing EV3.9 T

Murata Manufacturing revenue was ¥1.58 t in FY, 2018 which is a 14.8% year over year increase from the previous period.

Murata Manufacturing revenue breakdown by business segment: 29.6% from Modules, 70.2% from Components and 0.2% from Other

Murata Manufacturing revenue breakdown by geographic segment: 16.5% from Asia and Others, 50.4% from Greater China, 8.9% from Europe, 9.2% from Japan and 15.0% from The Americas

JPY | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Revenue | 1.2t | 1.1t | 1.4t | 1.6t |

| (6%) | 21% | 15% | |

## Cost of goods sold | 712.1b | 703.1b | 927.6b | 974.8b |

## Gross profit | 498.8b | 432.4b | 444.3b | 600.2b |

| 41% | 38% | 32% | 38% |

## R&D expense | 78.0b | 81.8b | 94.2b | 101.6b |

## General and administrative expense | 145.4b | 149.4b | 188.0b | 231.8b |

## Operating expense total | 223.4b | 231.2b | 282.1b | 333.4b |

## EBIT | 275.4b | 201.2b | 162.1b | 266.8b |

| 23% | 18% | 12% | 17% |

## Interest expense | 138.0m | 272.0m | 581.0m | 422.0m |

## Interest income | 2.4b | 2.4b | 2.9b | 3.5b |

## Pre tax profit | 279.2b | 200.4b | 167.8b | 267.3b |

## Income tax expense | 75.0b | 44.3b | 21.7b | 60.4b |

## Net Income | 204.2b | 156.1b | 146.1b | 207.0b |

JPY | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 |
---|---|---|---|---|---|---|---|---|

## Revenue | 275.0b | 344.7b | 413.5b | 345.5b | 442.9b | 427.6b | 357.6b | 403.4b |

## Cost of goods sold | 172.7b | 218.5b | 294.8b | 222.3b | 270.3b | 263.2b | 219.8b | 251.8b |

## Gross profit | 102.2b | 126.2b | 118.7b | 123.2b | 172.6b | 164.4b | 137.7b | 151.6b |

| 37% | 37% | 29% | 36% | 39% | 38% | 39% | 38% |

## R&D expense | 21.7b | 22.9b | 23.8b | 26.0b | 24.3b | 25.1b | 26.1b | 25.3b |

## General and administrative expense | 39.6b | 44.6b | 49.9b | 49.1b | 57.0b | 53.7b | 50.2b | 71.0b |

## Operating expense total | 61.3b | 67.5b | 73.8b | 75.1b | 81.3b | 78.8b | 76.3b | 96.3b |

## EBIT | 40.9b | 58.6b | 44.9b | 48.2b | 91.3b | 85.6b | 62.6b | 58.8b |

| 15% | 17% | 11% | 14% | 21% | 20% | 17% | 15% |

## Interest expense | 79.0m | 68.0m | 221.0m | 45.0m | 8.0m | 139.0m | 66.0m | 75.0m |

## Interest income | 818.0m | 727.0m | 684.0m | 881.0m | 787.0m | 843.0m | 899.0m | 1.0b |

## Pre tax profit | 42.4b | 67.4b | 42.6b | 49.9b | 92.8b | 79.7b | 63.2b | 61.6b |

## Income tax expense | 9.2b | 9.5b | 13.2b | 11.0b | 23.5b | 19.6b | 16.4b | 17.7b |

## Net Income | 33.1b | 57.9b | 29.4b | 39.0b | 69.3b | 60.1b | 46.8b | 43.9b |

JPY | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Cash | 150.6b | 170.9b | 168.9b | 182.0b |

## Accounts Receivable | 194.5b | 209.6b | 256.1b | 271.6b |

## Prepaid Expenses | 22.4b | 27.8b | 41.7b | 31.4b |

## Inventories | 217.5b | 211.4b | 290.3b | 349.3b |

## Current Assets | 835.4b | 871.4b | 810.3b | 933.9b |

## PP&E | 455.9b | 508.0b | 705.2b | 856.5b |

## Goodwill | 53.7b | 62.1b | 76.9b | 78.4b |

## Total Assets | 1.5t | 1.6t | 1.8t | 2.0t |

## Accounts Payable | 56.4b | 57.9b | 94.1b | 75.5b |

## Short-term debt | 6.4b | 46.1b | 13.5b | 23.0b |

## Current Liabilities | 185.6b | 208.7b | 261.8b | 259.8b |

## Long-term debt | 3.3b | 545.0m | 742.0m | 100.4b |

## Non-Current Liabilities | 88.2b | 70.9b | 78.0b | 184.6b |

## Total Debt | 9.7b | 46.7b | 14.2b | 123.4b |

## Total Liabilities | 273.8b | 279.7b | 339.8b | 444.4b |

## Common Stock | 69.4b | 69.4b | 69.4b | 69.4b |

## Additional Paid-in Capital | 103.9b | 114.3b | 120.6b | 120.7b |

## Retained Earnings | 1.1t | 1.2t | 1.3t | 1.5t |

## Total Equity | 1.2t | 1.4t | 1.5t | 1.6t |

## Debt to Equity Ratio | 0 x | 0 x | 0 x | 0.1 x |

## Debt to Assets Ratio | 0 x | 0 x | 0 x | 0.1 x |

## Financial Leverage | 1.2 x | 1.2 x | 1.2 x | 1.3 x |

JPY | FY, 2015 | FY, 2016 | FY, 2017 | FY, 2018 |
---|---|---|---|---|

## Net Income | 204.2b | 156.1b | 146.1b | 207.0b |

## Depreciation and Amortization | 99.1b | 113.5b | 141.6b | 124.4b |

## Accounts Receivable | 19.5b | (14.3b) | (30.1b) | (16.9b) |

## Inventories | (38.5b) | 5.0b | (47.3b) | (59.2b) |

## Accounts Payable | 4.3b | 650.0m | 24.9b | (24.1b) |

## Cash From Operating Activities | 252.5b | 243.9b | 225.2b | 279.8b |

## Capital Expenditures | (172.5b) | (158.6b) | (306.6b) | (291.6b) |

## Cash From Investing Activities | (205.3b) | (202.7b) | (194.2b) | (303.7b) |

## Short-term Borrowings | (4.7b) | 39.7b | (32.6b) | 9.5b |

## Long-term Borrowings | (10.5b) | (4.7b) | (353.0m) | (259.0m) |

## Dividends Paid | (42.3b) | (46.7b) | (51.1b) | (57.6b) |

## Cash From Financing Activities | (56.6b) | (11.7b) | (83.6b) | 51.5b |

## Net Change in Cash | (366.0m) | 26.6b | (51.3b) | 29.9b |

## Interest Paid | 134.0m | 289.0m | 581.0m | 422.0m |

## Income Taxes Paid | 95.1b | 62.7b | 21.6b | 52.5b |

## Free Cash Flow | 79.9b | 85.3b | (81.4b) | (11.7b) |

JPY | Y, 2019 |
---|---|

## EV/EBIT | 66.8 x |

## EV/CFO | 28.9 x |

## EV/FCF | 185.5 x |

## Debt/Equity | 0.1 x |

## Debt/Assets | 0.1 x |

## Financial Leverage | 1.3 x |

Murata Manufacturing's Backlog was reported to be ¥235.6b in Q2, 2019.

FY, 2015 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|

## Order Volume | ¥1.22 t | ¥1.16 t | ¥304.85 b | ¥372.85 b | ¥439.53 b | ¥1.47 t | ¥410.09 b | ¥448.85 b | ¥379.78 b | ¥1.55 t | ¥339.10 b | $392.33 b |

## Backlog | ¥129.93 b | ¥153.85 b | ¥184.40 b | ¥239.36 b | ¥266.25 b | ¥278.51 b | ¥343.79 b | ¥350.54 b | ¥303.67 b | ¥263.45 b | ¥245.81 b | ¥235.60 b |

## Order Volume (Components) | ¥774.60 b | ¥777.20 b | ¥216.23 b | ¥248.98 b | ¥304.22 b | ¥1.03 t | ¥317.79 b | ¥302.13 b | ¥240.75 b | ¥1.08 t | ¥237.27 b | ¥244.10 b |

## Order Volume (Modules) | ¥441.55 b | ¥379.32 b | ¥88.62 b | ¥123.88 b | ¥135.32 b | ¥441.58 b | ¥92.29 b | ¥146.72 b | ¥139.03 b | ¥472.57 b | ¥101.83 b | ¥148.24 b |

## Backlog (Components) | ¥88.28 b | ¥103.72 b | ¥131.45 b | ¥179.69 b | ¥212.67 b | ¥230.65 b | ¥290.10 b | ¥298.31 b | ¥249.47 b | ¥209.21 b | ¥184.97 b | ¥160.79 b |

## Backlog (Modules) | ¥41.65 b | ¥50.13 b | ¥52.95 b | ¥59.67 b | ¥53.58 b | ¥47.86 b | ¥53.69 b | ¥52.23 b | ¥54.20 b | ¥54.24 b | ¥60.84 b | ¥74.80 b |