Murata Manufacturing stock: AI expansion stays in focus as quote rises
Published on 11/10/2026 at 15:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAI expansion keeps investors focused
- Murata raised its fiscal-year revenue and operating-profit forecasts after strong first-half demand.
- The company plans major MLCC capacity investment through fiscal 2030.
- Higher production, utilization and AI-related orders remain central to the earnings outlook.
Murata Manufacturing remains in focus as demand linked to data centers and AI infrastructure supports a broader capacity expansion. The company raised its fiscal-year outlook after reporting strong first-half growth for the six months ended September 30, 2026.
Since the previous report, the Lang & Schwarz quote moved from 28.26 euros on Monday, November 9, 2026, at 15:10 CET to 29.33 euros on Tuesday, November 10, 2026, at 15:30 CET. That represents a 3.79 percent increase and is separate from the daily comparison with a Xetra closing price.
Higher targets meet larger investment
Murata lifted its fiscal-year revenue forecast to 2.26 trillion yen from 2.11 trillion yen. The operating-profit target increased to 520 billion yen from 430 billion yen, while the forecast for profit attributable to owners rose to 396 billion yen from 338 billion yen.
For the first half, revenue increased 20.8 percent year on year to 1.09 trillion yen. Operating profit rose 48.9 percent to 245.91 billion yen. Capacitor revenue increased 33.1 percent to 605.58 billion yen, while computer-related revenue advanced 61.2 percent to 235.11 billion yen.
Murata also raised its fiscal-year capital-expenditure forecast to 270 billion yen from 255 billion yen. The company plans about 1 trillion yen of investment from fiscal 2026 through fiscal 2030 to expand global multilayer ceramic capacitor production. For shareholders, that links the current earnings upgrade to a longer investment cycle and raises the importance of utilization, project execution and demand durability.
What investors will watch next
The next test is whether stronger AI and data-center demand translates into sustained volume growth and margins as new capacity comes online. Weaker conditions in some smartphone-related businesses leave product mix and the pace of capacity utilization important for the second half.
Murata Manufacturing at a glance
- Company: Murata Manufacturing Co., Ltd.
- ISIN: JP3914400001
- Ticker: 6981
- Lang & Schwarz quote: 29.33 euros on Tuesday, November 10, 2026, at 15:30 CET
- Interim dividend: 35 yen per share
- Full-year dividend forecast: 70 yen per share
Japanese technology shares remain sensitive to expectations for AI infrastructure spending; current Nikkei 225 market reports provide the broader market context.
