News

Murata Manufacturing Targets Next Operating Profit Margin Peak in 2030

Thursday, December 4, 2025 at 10:40 AM

Murata Manufacturing announced a long-term strategy for its capacitor business, projecting that its next peak in operating profit margin will occur around 2030, driven by key technological advancements. This statement highlights the company's financial forecast and strategic trajectory in the component market.

Context

Murata Manufacturing held its IR Day 2025 on December 2, 2025, outlining its Vision2030 and reviewing its Medium-Term Direction 2027. The company projects its next operating-profit-margin peak to occur in 2030, driven by increasing demand for capacitors in AI-driven electronics. For fiscal year 2024, Murata reported an operating profit ratio of 16.0%, with a target of 18% or higher by fiscal year 2027. The anticipated surge in demand for capacitors, particularly in AI servers, is a key growth driver, with an estimated average annual growth of approximately 30% from FY2025 to FY2030 for server capacitor content. To meet this, Murata plans to expand its MLCC/capacitor capacity by about 10% annually, focusing on high-process items for server and mobility applications. The company aims for a 43% market share in MLCCs by 2030, leveraging its advanced capacitor technology to capture this significant market opportunity.

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