trending Market Intelligence /marketintelligence/en/news-insights/trending/geo6S_ORuZqytlGdbI3vyQ2 content esgSubNav
In This List

Murata Manufacturing fiscal Q3 profit falls YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Murata Manufacturing fiscal Q3 profit falls YOY

Murata Manufacturing Co. Ltd. said its normalized net income for the fiscal third quarter ended Dec. 31, 2016, amounted to ¥155.44 per share, a decline of 37.4% from ¥248.13 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥33.07 billion, a decline of 37.0% from ¥52.53 billion in the year-earlier period.

The normalized profit margin declined to 10.9% from 15.5% in the year-earlier period.

Total revenue decreased 10.5% year over year to ¥304.01 billion from ¥339.68 billion, and total operating expenses decreased year over year to ¥247.96 billion from ¥256.40 billion.

Reported net income fell 30.4% year over year to ¥42.29 billion, or ¥198.77 per share, from ¥60.77 billion, or ¥287.03 per share.

As of Feb. 13, US$1 was equivalent to ¥113.90.