Revenue for the first half reached a record high of 1,090.8 billion yen, up 20.8% year-over-year. Operating income was a record 245.9 billion yen, up 48.9% year-over-year. Full-year FY2026 forecasts are revenue of 2,260.0 billion yen and operating income of 520.0 billion yen, both expected to be record highs. Segment growth was driven by capacitors, reflecting expanding data center demand.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"6981","jir_company_name":"Murata Manufacturing Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2605","jir_publication_date":"2026-10-30","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/10\/6981-20261030-02.pdf","jir_short_summary":"Revenue for the first half reached a record high of 1,090.8 billion yen, up 20.8% year-over-year. Operating income was a record 245.9 billion yen, up 48.9% year-over-year. Full-year FY2026 forecasts are revenue of 2,260.0 billion yen and operating income of 520.0 billion yen, both expected to be record highs. Segment growth was driven by capacitors, reflecting expanding data center demand.","jir_summary":"### Overview of Results\nRevenue for the first half of FY2026 reached 1,090.8 billion yen, a record high, representing a 20.8% increase year-over-year. Declines in some components for smartphones were offset by expanding demand across a wide range of applications including data centers and mobility. Operating income was 245.9 billion yen, up 48.9% year-over-year, also a record high. Negative factors such as foreign exchange effects and higher fixed costs were outweighed by productivity improvements and the impact of a weaker yen.\n\n### Outlook, Investment and Shareholder Returns\nFull-year FY2026 forecasts have been revised up to revenue of 2,260.0 billion yen and operating income of 520.0 billion yen, both expected to be record highs. This revision assumes continued robust demand for data center-related components and expanding demand for AI servers. Under a policy of continued shareholder returns, the company plans to implement share buybacks in addition to dividends aimed at achieving the DOE target.","jir_financial_highlights":"Revenue: 1,090.8 billion yen (Year-over-Year +20.8%)\nOperating Income: 245.9 billion yen (Year-over-Year +48.9%)\nProfit before Income Taxes: 248.4 billion yen (Year-over-Year +42.1%)\nNet Income Attributable to Owners of Parent: 186.2 billion yen (Year-over-Year +28.8%)\nExchange Rate: 159.37 yen\/USD (H1 FY2026) \/ 157.19 yen\/USD (H2 FY2026)","jir_category":"","jir_hashtags":"#MurataManufacturing, #EarningsRelease, #DataCenterDemand, #MLCCInvestmentIncrease, #ShareBuyback, #DOEtarget, #MidtermPlan","jir_key_figures":"Revenue (H1): 1,090.8 billion yen (Year-over-Year +20.8%)\nOperating Income (H1): 245.9 billion yen (Year-over-Year +48.9%)\nFull-year Revenue Forecast: 2,260.0 billion yen (revised in H1)\nFull-year Operating Income Forecast: 520.0 billion yen","jir_meta_title":"Murata Manufacturing Co., Ltd. FY2026 Q2 Earnings Presentation | Record First-Half Revenue, Upwardly Revised Full-Year Outlook","jir_meta_description":"Murata Manufacturing Co., Ltd. FY2026 Q2 earnings presentation. First-half revenue 1,090.8 billion yen, operating income 245.9 billion yen; full-year forecasts: revenue 2,260.0 billion yen and operating income 520.0 billion yen. Explains segment growth drivers and investment strategy.","jir_og_title":"Murata Manufacturing Co., Ltd. Q2 Earnings: Record Revenue and Operating Income, Upward Revision to Full-Year Outlook","jir_og_description":"Murata Manufacturing Co., Ltd. reported first-half FY2026 revenue of 1,090.8 billion yen and operating income of 245.9 billion yen. Full-year forecasts have been raised to revenue of 2,260.0 billion yen and operating income of 520.0 billion yen, driven by AI and data center demand.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY25 2Q\\\",\\\"FY25 3Q\\\",\\\"FY25 4Q\\\",\\\"FY26 1Q\\\",\\\"FY26 2Q\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[4162,4866,4675,5023,5085],\\\"borderColor\\\":\\\"#3e95cd\\\",\\\"fill\\\":false}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY25 2Q\\\",\\\"FY25 3Q\\\",\\\"FY25 4Q\\\",\\\"FY26 1Q\\\",\\\"FY26 2Q\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[1035,379,788,985,1475],\\\"borderColor\\\":\\\"#8e5ea2\\\",\\\"fill\\\":false}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Revenue Breakdown\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Capacitors\\\",\\\"Inductors & EMI Filters\\\",\\\"High-Frequency & Communications\\\",\\\"Energy & Power\\\",\\\"Functional Devices\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"H1\\\",\\\"data\\\":[2825,707,1123,439,332,53],\\\"backgroundColor\\\":\\\"#4e79a7\\\"}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Margin Analysis\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"H1\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Margin\\\",\\\"data\\\":[25.1],\\\"backgroundColor\\\":\\\"#e15759\\\"}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Guidance vs Actual Comparison\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2026 H1 Actual\\\",\\\"FY2026 H2 Forecast\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[1000,1500],\\\"borderColor\\\":\\\"#76b7b2\\\",\\\"fill\\\":false}]}}\"}]","ir_related_company":6872,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-137558","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n