• Company

Announcement of Establishment of Joint Venture Company MF Material

1/9/2023

Murata Manufacturing Co., Ltd.
President: Norio Nakajima

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On September 1, 2023, Murata Manufacturing, Co., Ltd. (hereinafter, “Murata”), Ishihara Sangyo Kaisha, Ltd. (head office: Nishi-ku, Osaka; president: Hideo Takahashi; hereinafter, “Ishihara Sangyo”) and Fuji Titanium Industry Co., Ltd. (head office: Nishi-ku, Osaka; president: Hideo Nogi; hereinafter, “Fuji Titanium”) established joint venture company MF Material Co., Ltd. (hereinafter, “MF Material”) and held a ceremony on the same day to mark the occasion.
MF Material was established to combine the respective manufacturing technologies and expertise cultivated by Fuji Titanium and Murata, capitalizing on this body of knowledge to further improve quality and productivity, including the construction of a new plant in Nobeoka, Miyazaki Prefecture, which will increase the production capacity of barium titanate when it begins operation in 2027.

1. Ceremony details

Date: 
September 1, 2023 (Friday), 10:30–11:00 a.m. 
Location:
1203-3 Amorimachi, Nobeoka, Miyazaki Prefecture
Guest:
Yoji Yomiyama, mayor of Nobeoka
Attendees:
Hideo Nogi, representative director of MF Material Co., Ltd.

 

2. Overview of MF Material

Name: MF Material Co., Ltd.
Address:
1203-3 Amorimachi, Nobeoka, Miyazaki Prefecture
Representative:
Hideo Nogi, representative director
Business description:
The manufacture and sale of barium titanate, procurement of related raw materials, quality assurance, and efforts to improve quality and productivity
Capital:
100 million yen
Number of employees:
230 (as of September 1, 2023)

 

Related press releases (for reference)

· Press release dated March 17, 2023
Notice Regarding Establishment of a Joint Venture Company with Ishihara Sangyo Kaisha, Ltd. and Fuji Titanium Industry Co., Ltd.
URL:
https://corporate.murata.com/-/media/corporate/about/newsroom/news/irnews/irnews/2023/0317/20230317_e.ashx?la=en&cvid=20230317051153000000

· Press release dated June 27, 2023
Re-conclusion of Agreement Relating to Joint Venture Company with Ishihara Sangyo Kaisha, Ltd. and Fuji Titanium Industry Co., Ltd. 
URL:
https://corporate.murata.com/-/media/corporate/about/newsroom/news/irnews/irnews/2023/0627/20230627-e.ashx?la=en&cvid=20230626234409000000

 


Murata in Brief

Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world.

For more information, visit Murata's website

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