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Electronic component prices fell Japan Murata operating profit drop 10%

Murata is the first quarter of fiscal 2005 (April 2005 to June) profits fell sharply in the joint clearing (release information, PDF format). Sales over the same period last year, an increase of 0.2%, to $109 billion 587 million, but operating profit was reduced by 10.9%, to $17 billion 371 million.

Sales were flat, but profits fell because of falling prices. Despite the increase in sales, but earnings did not go up. For example, capacitors, piezoelectric products, module products compared with the same period last fiscal year, the amount of orders are not the degree (0.5% ~ 2%) decline. Sales growth of only high-frequency components. Mobile phone Bluetooth module and other products with good momentum, the amount of orders grew by 14.1%.

2005 in the first half of fiscal year (April 2005 to September) and fiscal year 2005 (from April 2005 to March 2006) performance forecast and compared with the results of the announcement in April 2005 there is no adjustment. Sales for the fiscal year is expected to be 445 billion yen (an increase of 4.8% over the previous fiscal year), operating profit of $75 billion (an increase of 7.9%).

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