Share Information

Basic Information

Basic Share Information, such as the total number of shares and the listing code

Basic Information

Date: March 31, 2021

Company Name Murata Manufacturing Co., Ltd.
Authorized Shares 1,743,000,000 (Shares)
Shares Outstanding 675,814,281 (Shares)
Number Of Shareholders 123,521
Stock Exchange Listings Japan: Tokyo Overseas: Singapore
Listing Code 6981

The Company implemented a three-for-one common stock split, effective April 1, 2019.

Number of Shares Outstanding

Number of Shares Outstanding

Credit Rating

Rating Company Rating Announcement Date
Rating and Investment Information, Inc. (R&I) Issuer Rating:AA+ March 5, 2021

Credit Rating Definitions (Extract from each agency's explanation)

Rating Company Rating Credit Ratings Definitions
Rating and Investment Information, Inc.(R&I) AA+ Very high creditworthiness supported 
by some excellent factors.

Corporate Bonds

As of March 5, 2021

Name Rating(R&I) Issue date Total amount Coupon rate Maturity date
The 1st Series
Unsecured Straight Bonds
AA+ January 24, 2019 40 billion yen 0.08% per annum January 24, 2022
The 2nd Series
Unsecured Straight Bonds
AA+ January 24, 2019 60 billion yen 0.15% per annum January 24, 2024
The 3rd Series
Unsecured Straight Bonds
AA+ September 10, 2019 50 billion yen 0.06% per annum September 10, 2024

History of Profit Distribution

History of profit distribution and per share indicators

Basic Policy on Profit Distribution and Dividends

Murata's basic policy on profit distribution to shareholders is to prioritize the sharing of gains through payment of dividends, and to steadily raise them by increasing profit per share, while enhancing Murata's long-term corporate value and strengthening its corporate structure. In accordance with this policy, our dividends are determined after comprehensively considering our business performance, Dividend on equity(DOE) and dividend payout ratio on a consolidated basis, as well as the accumulation of internal reserves necessary for reinvestment to ensure future development.

We also regard the repurchasing of our own share as an alternative means of returning profit to shareholders, and have been buying back shares in order to improve capital efficiency.

History of Profit Distribution (Graph)

History of Profit Distribution

History of Profit Distribution

Years Ended March 31 2017 2018 2019 2020 2021
Net Income (¥B) 156.1 146.1 206.9 183.0 237.1
Share Buyback (¥B) 0.0 0.0 0.0 0.0 0.0
Annual Dividends (¥B) 46.8 55.4 59.7 62.1 73.6
Payout Ratio (%)
Annual Dividends÷Net Income
30.0 37.9 28.9 33.9 31.0
Dividend on Equity (DOE) (%)
Annual Dividends÷Average Shareholders' Equity
3.6 3.9 3.9 3.8 4.1

Net Income, Basic Earnings per Share (Graph)

Net Income, Basic Earnings per Share

Per Share Indicators

Years Ended March 31 2017 2018 2019 2020 2021 2022
Basic Earnings
per Share (Yen)
244.62 228.62 323.45 286.05 370.51 -
Shareholders' Equity
per Share (Yen)
2,122.83 2,276.82 2,507.11 2,647.88 3,002.12 -
Dividend
per Share (Yen)
73.33 86.67 93.33 97.00 115.00
120.00
(estimate)
Interim
Dividend (Yen)
36.67 43.33 46.67 47.00 55.00 60.00
(estimate)
Year-end
Dividend (Yen)
36.67 43.33 46.67 50.00 60.00
60.00
(estimate)

The Company implemented a three-for-one common stock split, effective April 1, 2019.
Per Share Indicators were calculated on the assumption that the relevant stock spilt had been implemented at the beginning of the consolidated fiscal year ended March 31, 2017.