Battery and power supply

Main products

Lithium-ion secondary batteries

Lithium-ion batteries

Murata’s lithium-ion secondary batteries are classified into three types: cylindrical, laminated, and small lithium primary battery. The cylindrical type, on which we are particularly focusing, has the advantages of high output, safety, long-term storage, and high temperature characteristics. We will leverage these strengths to expand our business in the expanding markets for small drive systems and storage batteries to contribute to the enrichment of society by responding to the need for decarbonization, renewable energy, energy conservation, and so on.

Business opportunities	Strengths
Lithium-ion secondary batteries: cylindrical type Trends toward cordless power tools, gardening tools, and cleaners, as well as shift to decarbonization (from gasoline engines to batteries and motors) Utilization of natural energy, in-house consumption of electricity, and backup power supplies during power outage Lithium primary battery: small type Greater demand for small batteries for automotive and medical applications	High-quality, high-output technology Packaging technology that enables impact resistance and miniaturization

Business opportunities

Strengths

Lithium-ion secondary batteries: cylindrical type

Trends toward cordless power tools, gardening tools, and cleaners, as well as shift to decarbonization (from gasoline engines to batteries and motors)
Utilization of natural energy, in-house consumption of electricity, and backup power supplies during power outage

Lithium primary battery: small type

Greater demand for small batteries for automotive and medical applications

High-quality, high-output technology
Packaging technology that enables impact resistance and miniaturization

Growth strategies

① Further enhance differentiated technologies

We will strengthen Murata’s technological strengths based on our superior materials technology and expand our business in growing markets.

② Establish business foundation as Murata’s environmental contribution business

We aim to capture business opportunities on the environmental front such as through storage batteries using Murata’s unique FORTELION lithium-ion secondary battery, which uses olivine-type lithium iron phosphate as the cathode material and has a long service life and high safety characteristics.

③ Build a strong business foundation through timely investment and strengthening of monozukuri

We will focus on markets where we can leverage our strengths to achieve stable future growth, while also strengthening our monozukuri strength to maximize our differentiated technologies.

<Progress with growth strategies> Enhancing productivity and strengthening our business foundation through collaboration within the Group

In fiscal 2023, we are facing a challenging business environment, as the slump in the power tool market has led to a decline in capacity utilization at our plants. Yet even under such circumstances, we are working to strengthen our business foundation to realize future growth. As part of these efforts, we will be endeavoring to improve productivity, an issue we were unable to give adequate attention to in the past as we were responding to growing demand. We are also promoting exchanges between personnel at plants for other businesses and personnel at battery factories. This initiative has led to the development of on-site supervisors at battery factories and the creation of safe and secure workplaces, thereby improving our frontline capabilities. By deepening exchanges among Group personnel and applying Murata’s technologies and monozukuri strength to the battery business, we are aiming to build a competitive business foundation.