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Murata Manufacturing, Apr-Dec (Cumulative 3Q) Net Income Decreases by 22%, Oct-Dec Net Income Decreases by 65%

Mon Feb 2, 2026 2:00 pm JST Earnings

6981 Murata Manufacturing Co.,Ltd. 【IFRS】

Earnings Report

Murata Manufacturing Co.,Ltd. <6981> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on February 2nd (14:00). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) decreased 21.8% from the same period last year to 157 billion yen. Progress toward the full-year plan of 220 billion yen was 71.5%, also falling below the three-year average of 89.9%.

Based on the cumulative third-quarter performance announced by the company and the full-year plan, our calculation indicates that the consolidated net income for the January to March period (4Q) is expected to expand 92.8% from the same period last year, reaching 62.6 billion yen.

In the most recent three-month period, from October to December (3Q), the consolidated net income significantly dropped to 24.9 billion yen, a 64.8% decrease compared to the same period last year. The operating profit margin sharply declined from 17.0% in the same period last year to 8.1%.

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Actual Results

Accumulated Results 3rd Quarter
Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Progress Rate vs. First Half Announce Accounting Standards
Apr - Dec, 2023 1,249,744 215,119 225,434 174,512 92.4 94.2 Feb 2, 2024 IFRS
Apr - Dec, 2024 1,331,489 234,161 268,557 201,322 107.6 88.2 Feb 3, 2025 IFRS
Apr - Dec, 2025 1,370,232 203,012 224,291 157,348 85.7 76.3 Feb 2, 2026 IFRS
YoY +2.9% -13.3% -16.5% -21.8% -20.3%

Guidance Update

Second Half Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2025 Prev 837,222 114,864 115,218 87,621 48.1 30 Oct 31, 2025 IFRS
Oct - Mar, 2025 New 897,222 104,864 119,218 87,621 48.1 30 Feb 2, 2026 IFRS
Revision Rate +7.2% -8.7% +3.5% 0.0% 0.0%

Full Year Update

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2026 Prev 1,740,000 280,000 290,000 220,000 120.9 60 Oct 31, 2025 IFRS
Mar, 2026 New 1,800,000 270,000 294,000 220,000 120.9 60 Feb 2, 2026 IFRS
Revision Rate +3.4% -3.6% +1.4% 0.0% 0.0%

Current Period Guidance

Second Half Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Oct - Mar, 2024 859,871 121,530 140,375 103,498 55.4 30 Apr 30, 2025 IFRS
Oct - Mar, 2025 Guidance 897,222 104,864 119,218 87,621 48.1 30 Feb 2, 2026 IFRS
YoY +4.3% -13.7% -15.1% -15.3% -13.1%

Current Period Guidance

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Adj. Dividend Announce Accounting Standards
Mar, 2024 1,640,158 215,447 239,404 180,838 95.7 52 Apr 26, 2024 IFRS
Mar, 2025 1,743,352 279,702 304,404 233,818 125.1 57 Apr 30, 2025 IFRS
Mar, 2026 Guidance 1,800,000 270,000 294,000 220,000 120.9 60 Feb 2, 2026 IFRS
YoY +3.2% -3.5% -3.4% -5.9% -3.4%

Quarterly Results

Fiscal Year Revenue Operating Profit Ordinary Profit Net Profit Adj. EPS Operating Profit Margin Announce Accounting Standards
Oct - Dec, 2024 448,008 75,989 104,528 71,002 37.9 17.0 Feb 3, 2025 IFRS
Jan - Mar, 2025 411,863 45,541 35,847 32,496 17.4 11.1 Apr 30, 2025 IFRS
Apr - Jun, 2025 416,154 61,621 62,322 49,714 26.8 14.8 Jul 30, 2025 IFRS
Jul - Sep, 2025 486,624 103,515 112,460 82,665 44.8 21.3 Oct 31, 2025 IFRS
Oct - Dec, 2025 467,454 37,876 49,509 24,969 13.6 8.1 Feb 2, 2026 IFRS
YoY +4.3% -50.2% -52.6% -64.8% -64.1%

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