Murata Manufacturing stock fell 1.65 percent after a site merger notice

Published on 10/07/2026 at 10:03 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Murata Manufacturing stock was last at JPY 8,683 on October 7, 2026. Q1 revenue reached JPY 502.264 billion, while a site merger is scheduled for July 1, 2027.

Murata Manufacturing, JP3914400001, Illustration mit AI erstellt.

Murata Manufacturing stock (ISIN JP3914400001) was last at JPY 8,683 on the Tokyo Stock Exchange on October 7, 2026 at 3:30 p.m. JST, down 1.65 percent from JPY 8,829. The latest corporate notice covers the absorption of a wholly owned subsidiary and the closure of its business site.

Merger takes effect in 2027

According to Japan IR on October 1, 2026, Murata will absorb Saitama Murata Manufacturing and close the related site. The merger is scheduled to become effective on July 1, 2027, with no new shares, capital increase or merger consideration.

The company said the effect on consolidated results is expected to be minor, while affected functions will move to headquarters and other sites. For investors, the notice is therefore more relevant as a restructuring date than as a near-term earnings driver.

Q1 growth outpaced sales

Murata's first-quarter results for the fiscal year ending March 31, 2027, showed revenue of JPY 502.264 billion, up 20.7 percent from the prior-year quarter. According to End0u2626, operating profit rose 59.8 percent to JPY 98.454 billion, while quarterly profit attributable to owners of the parent increased 63.7 percent to JPY 81.377 billion.

The margin comparison is notable: operating profit represented 19.6 percent of revenue in the quarter, compared with 14.8 percent a year earlier. The same report said orders received rose 56.3 percent year over year to JPY 673.869 billion, and the order backlog reached JPY 617.774 billion on June 30, 2026.

Consensus still points higher

MarketScreener lists a Buy consensus from 18 analysts and an average target price of JPY 10,138.89. A separate September 9, 2026 sector report carried by Futunn listed an Overweight rating and a JPY 13,700 target for Murata Manufacturing.

The product pipeline adds an operational angle. Business Wire reported on September 30, 2026 that Murata began mass production of 0201-inch three-terminal low-ESL multilayer ceramic capacitors for compact devices.

Murata stock remains below its yearly high

Murata Manufacturing stock was last at JPY 8,683 on October 7, 2026 at 3:30 p.m. JST, with a 52-week range of JPY 2,710.50 to JPY 12,895 and market capitalization of JPY 15.8 trillion. The next checkpoint is the scheduled October 30, 2026 results date, followed by the planned July 1, 2027 merger effective date.