Murata Manufacturing --- continued growth, and even though the previous fiscal year's results showed a sharp decline in impairment, it was supported by stock buybacks, etc.

Fisco Japan · Apr 30 01:49

Murata's ＜6981＞ continues to grow. Financial results for the fiscal year ended March 24 were announced last weekend. Operating income for the fiscal year ending January-March appears to remain at 330 million yen when impairment losses are recorded for cylindrical lithium-ion battery equipment. Full-year operating income for the fiscal year ending 25/3 is 300 billion yen, which is expected to increase 39.2% from the previous fiscal year, but the consensus is lower than 30 billion yen. Although the financial results are seen as slightly negative, 44 million shares, which is 2.33% of the number of issued shares, and share buybacks of 80 billion yen were announced, which is supporting material. The stock price of Apple the day before was also a support.

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村田製---続伸、前期業績は減損計上で大幅下振れも自社株買いなど支えに

Murata Manufacturing --- continued growth, and even though the previous fiscal year's results showed a sharp decline in impairment, it was supported by stock buybacks, etc.

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