Murata Manufacturing surges to new high in afternoon trading on plans for 25% profit growth driven by data center demand

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Thu Apr 30, 2026 2:58 pm JST Catalyst

Murata Manufacturing Co.,Ltd. <6981> jumped to a record high in the afternoon session. Around 2 p.m., alongside its results for the fiscal year ended March 2026, the company released its earnings forecast for the fiscal year ending March 2027. Murata projects sales of 1.96 trillion yen, up 7.1% year-on-year, and net profit of 293.0 billion yen, a 25.3% increase. Concurrently, the company announced a share buyback and cancellation plan of up to 75 million shares, or 4.12% of outstanding stock, worth 150.0 billion yen, drawing strong buyer interest. For the current fiscal year, Murata expects revenue growth driven by data center demand, particularly for capacitors.

For the fiscal year ended March 2026, sales reached 1.83 trillion yen, up 5.0% year-on-year, beating the company’s previous guidance of 1.8 trillion yen. Net profit rose slightly to 233.9 billion yen, outperforming the prior forecast of 220.0 billion yen. All profit metrics returned to growth, reversing a previously forecast decline. Sales of multilayer ceramic capacitors (MLCC) expanded for servers, smartphones, and distributors.

The share buyback will run from May 11 through Jan. 29, 2027. Murata will cancel all repurchased shares on Feb. 26, 2027.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.