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Murata Manufacturing, Last Fiscal Year's Net Income Unexpectedly Increases, 25% Increase in The Current Fiscal Year, Increased Previous Year's Dividend by 5 Yen, This Fiscal Year to Increase Dividend by 5 Yen
6981 Murata Manufacturing Co.,Ltd. 【IFRS】
Earnings ReportMurata Manufacturing Co.,Ltd. <6981> [TSE Prime] announced its financial results (based on IFRS) in the afternoon session on April 30th (14:00). The consolidated net income for the fiscal year ended March 2026 increased by 0.04% from the previous period to 233 billion yen exceeding the previous forecast of 220 billion yen and resulted in an increase in profit, a complete reversal from the forecast for a decline in profit. For the fiscal year ending March 2027, the consolidated net income is expected to grow by 25.3% to 293 billion yen. This will be the third consecutive term of revenue and profit growth.
At the same time, the company increased the annual dividend for the previous term from 60 yen to 65 yen (compared to 57 yen in the prior term), and has decided to increase the dividend this fiscal year to 70 yen, an increase of 5 yen from the previous fiscal year.
In the most recent three-month period, from January to March (4Q), the consolidated net income surged 2.4 times that of the same period last year, reaching 76.5 billion yen. The operating profit margin jumped from 11.1% in the same period last year to 17.1%.
Kabutan News
Actual Results
| 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 | 1,830,856 | 281,835 | 308,643 | 233,920 | 127.7 | 65 | Apr 30, 2026 | IFRS |
| YoY | +5.0% | +0.8% | +1.4% | +0.0% | +2.1% |
Full Year Results vs. Previous Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Guidance | 1,800,000 | 270,000 | 294,000 | 220,000 | 120.9 | 60 | Feb 2, 2026 | IFRS |
| Mar, 2026 Results | 1,830,856 | 281,835 | 308,643 | 233,920 | 127.7 | 65 | Apr 30, 2026 | IFRS |
| Revision Rate | +1.7% | +4.4% | +5.0% | +6.3% | +5.6% |
Current Period Guidance
H1 Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Sep, 2025 | 902,778 | 165,136 | 174,782 | 132,379 | 71.8 | 30 | Oct 31, 2025 | IFRS |
| Apr - Sep, 2026 Guidance | 960,000 | 177,000 | 182,000 | 137,000 | 75.3 | 35 | Apr 30, 2026 | IFRS |
| YoY | +6.3% | +7.2% | +4.1% | +3.5% | +4.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2025 | 1,743,352 | 279,702 | 304,404 | 233,818 | 125.1 | 57 | Apr 30, 2025 | IFRS |
| Mar, 2026 | 1,830,856 | 281,835 | 308,643 | 233,920 | 127.7 | 65 | Apr 30, 2026 | IFRS |
| Mar, 2027 Guidance | 1,960,000 | 380,000 | 390,000 | 293,000 | 161.0 | 70 | Apr 30, 2026 | IFRS |
| YoY | +7.1% | +34.8% | +26.4% | +25.3% | +26.1% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| 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 |
| Jan - Mar, 2026 | 460,624 | 78,823 | 84,352 | 76,572 | 41.8 | 17.1 | Apr 30, 2026 | IFRS |
| YoY | +11.8% | +73.1% | +135.3% | +135.6% | +140.4% |
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