For FY2025 Q3, net sales were JPY 467.5 billion (YoY +4.3%), operating income was JPY 37.9 billion (YoY -50.2%), and operating income excluding one-time expenses was JPY 87.7 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-02-02","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/02\/6981-20260202-02.pdf","jir_short_summary":"For FY2025 Q3, net sales were JPY 467.5 billion (YoY +4.3%), operating income was JPY 37.9 billion (YoY -50.2%), and operating income excluding one-time expenses was JPY 87.7 billion.","jir_summary":"### Performance Overview\nNet sales for FY2025 Q3 amounted to JPY 467.5 billion, an increase of 4.3% year-on-year. Sales declined for high-frequency modules for smartphones and resin multilayer substrates; however, increased sales of capacitors for servers contributed positively. Operating income was JPY 37.9 billion, down 50.2% from the previous year, largely due to one-time expenses of JPY 49.8 billion including goodwill impairment of JPY 43.8 billion related to surface acoustic wave filter products. Operating income excluding one-time expenses was JPY 87.7 billion. Full-year earnings guidance was revised to net sales of JPY 1.8 trillion (3.4% increase from October forecast) and operating income of JPY 270 billion (3.6% decrease from October forecast).\n\n### Goodwill Impairment Loss and Business Environment\nThe entire goodwill of JPY 43.8 billion related to the surface acoustic wave filter product business from the acquisition of Resonant, Inc. was impaired. Fixed assets were judged recoverable, and no impairment was performed. Intensified competition in the Greater China region and delayed progress in high-frequency development, beyond initial acquisition assumptions, led to this goodwill impairment. Although sales bottomed out in FY2024 and are on a recovery trend, profitability has declined. Going forward, the company aims to strengthen its market position with high-performance components.","jir_financial_highlights":"Net Sales: JPY 467.5 billion (YoY +4.3%)\nOperating Income: JPY 37.9 billion (YoY -50.2%)\nNet Income Attributable to Owners of Parent: JPY 25.0 billion (YoY -64.8%)\nFY2025 Full-Year Net Sales Forecast: JPY 1.8 trillion (Compared to October forecast +3.4%)\nFY2025 Full-Year Operating Income Forecast: JPY 270 billion (Compared to October forecast -3.6%)","jir_category":"","jir_hashtags":"#MurataManufacturing, #FinancialResultsBriefing, #JapaneseStocks","jir_key_figures":"Net Sales: JPY 467.5 billion (YoY +4.3%)\nOperating Income: JPY 37.9 billion (YoY -50.2%; excluding one-time expenses: JPY 87.7 billion)\nGoodwill Impairment Loss: JPY 43.8 billion (Related to Resonant acquisition)","jir_meta_title":"Murata Manufacturing FY2025 Q3 Financial Results: Net Sales JPY 467.5 Billion, Operating Income JPY 37.9 Billion (-50.2%)","jir_meta_description":"Murata Manufacturing's FY2025 Q3 financial results include net sales of JPY 467.5 billion (YoY +4.3%) and operating income of JPY 37.9 billion (YoY -50.2%), with operating income excluding one-time expenses at JPY 87.7 billion. Full-year earnings guidance has also been revised.","jir_og_title":"Murata Manufacturing FY2025 Q3 Financial Results Announcement","jir_og_description":"Overview of net sales JPY 467.5 billion and operating income JPY 37.9 billion (-50.2%) plus impact of goodwill impairment loss of JPY 43.8 billion explained.","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\": \"Net Sales Trend (JPY 100 million)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2020\\\",\\\"FY2021\\\",\\\"FY2022\\\",\\\"FY2023\\\",\\\"FY2024\\\",\\\"FY2025 Q3\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,4480,4866,4675],\\\"borderColor\\\":\\\"#ff0000\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend (JPY 100 million)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"FY2024 Q3\\\",\\\"FY2025 Q2\\\",\\\"FY2025 Q3\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[760,1035,379],\\\"borderColor\\\":\\\"#0000ff\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Segment Net Sales (JPY 100 million) FY2025 Q3\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Capacitors\\\",\\\"Inductors & EMI Filters\\\",\\\"High-frequency & Communications\\\",\\\"Energy & Power\\\",\\\"Functional Devices\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Net Sales\\\",\\\"data\\\":[2391,564,1022,389,271,37],\\\"backgroundColor\\\":[\\\"#ff6384\\\",\\\"#36a2eb\\\",\\\"#cc65fe\\\",\\\"#ffce56\\\",\\\"#2ecc71\\\",\\\"#95a5a6\\\"]}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"order_and_backlog_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Sales, Orders, and Backlog Trend (JPY 100 million)\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Q3 FY23\\\",\\\"Q4 FY23\\\",\\\"Q1 FY24\\\",\\\"Q2 FY24\\\",\\\"Q3 FY24\\\",\\\"Q4 FY24\\\",\\\"Q1 FY25\\\",\\\"Q2 FY25\\\",\\\"Q3 FY25\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Sales\\\",\\\"data\\\":[\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,4675],\\\"borderColor\\\":\\\"#ff0000\\\",\\\"fill\\\":false},{\\\"label\\\":\\\"Orders Received\\\",\\\"data\\\":[\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,5007],\\\"borderColor\\\":\\\"#0000ff\\\",\\\"fill\\\":false},{\\\"label\\\":\\\"Order Backlog\\\",\\\"data\\\":[\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,\u4e0d\u660e,3361],\\\"borderColor\\\":\\\"#00ff00\\\",\\\"fill\\\":false}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":true}}}}\"}, {\"jir_chart_id\": \"profit_variance_factors\", \"jir_chart_type\": \"bar\", \"jir_chart_title\": \"Factors Affecting Profit Variance (JPY 100 million) FY2025 Q3\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"bar\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Rationalization Effects\\\",\\\"Exchange Rate Fluctuations\\\",\\\"Price Reductions\\\",\\\"Increased Depreciation Expenses\\\",\\\"Increase in Semi-variable and Fixed Costs\\\",\\\"Others\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Profit Variance Amount\\\",\\\"data\\\":[20,80,-30,-17,-10,-469],\\\"backgroundColor\\\":[\\\"#2ecc71\\\",\\\"#36a2eb\\\",\\\"#e74c3c\\\",\\\"#e67e22\\\",\\\"#f1c40f\\\",\\\"#95a5a6\\\"]}]},\\\"options\\\":{\\\"scales\\\":{\\\"y\\\":{\\\"beginAtZero\\\":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-22755","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n