Murata Manufacturing stock: AI demand lifts outlook and MLCC plan
Published on 11/03/2026 at 15:20 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOutlook and capacity expansion
- Murata raised its fiscal-year revenue and operating-profit forecasts after record first-half growth.
- Data-center and AI-server demand is supporting stronger component volumes and a larger investment cycle.
- The MLCC expansion makes execution, utilization and returns on capital key investor issues through fiscal 2030.
Murata Manufacturing raised its full-year outlook on Friday, October 30, 2026, after record first-half growth. The company's earnings presentation links the stronger outlook to demand from data centers, AI servers, higher production volumes and an improved product mix.
Forecast upgrade broadens growth case
For the six months ended September 30, revenue rose 20.8 percent year over year to 1,090.8 billion yen. Operating profit increased 48.9 percent to 245.9 billion yen, giving Murata a stronger base for the second half.
The company now expects fiscal-year revenue of 2.26 trillion yen and operating profit of 520 billion yen. Capital expenditure is projected at 270 billion yen, as Murata adds capacity for future demand while higher fixed costs remain an execution factor.
MLCC investment shifts investor focus
Murata plans to invest approximately 1 trillion yen from fiscal 2026 through fiscal 2030 to expand its global multilayer ceramic capacitor, or MLCC, production base. About 350 billion yen is earmarked for buildings and 650 billion yen for production equipment, with investment expected to ramp up from fiscal 2028.
Murata expects MLCC sales in fiscal 2030 to more than double from fiscal 2025 levels. The plan covers new production buildings in Japan and additional capacity at overseas sites, extending the growth opportunity beyond the current results cycle.
Murata Manufacturing stock traded at 35.27 euros on Lang & Schwarz at 15:08 CET on Tuesday, November 3, 2026. Investors can follow the real-time quote of Murata Manufacturing stock.
Murata Manufacturing at a glance
- Company: Murata Manufacturing Co., Ltd.
- ISIN: JP3914400001
- Trading venue: Lang & Schwarz
- Price: 35.27 euros at 15:08 CET on November 3, 2026
- Fiscal-year revenue forecast: 2.26 trillion yen
- Fiscal-year operating-profit forecast: 520 billion yen
- MLCC investment plan: Approximately 1 trillion yen through fiscal 2030
Japan's electronics sector remains sensitive to AI infrastructure spending, semiconductor supply chains and global industrial demand. Current market reports on the Nikkei 225 provide broader context for Japanese equities.
