Murata Manufacturing Co., Ltd.
6981・Prime Market・Electric Appliances
Governance
Company with an Audit and Supervisory Committee (transitioned in 2016). Of the 12 directors, 6 are independent outside directors (a policy setting the outside director ratio at 50% or higher has been established), the chairman is an independent outside director, and both the Nomination Advisory Committee and the Compensation Advisory Committee are composed of a majority of independent outside directors, with an effectiveness evaluation conducted annually.
Risk Management
Company-wide risk management is overseen under the Risk Management Committee, and the Sustainability Committee (chaired by the President and Representative Director) periodically evaluates environmental, social, governance, and other risks through a structured process. Climate change risk is managed in conjunction with the environmental management systems and BCP at business sites that have obtained ISO14001 certification, and is regularly reported to the Board of Directors.
Shareholder Returns
Priority is given to shareholder returns through dividends, with a policy of raising DOE to 5% by 2027 as a target. For FY2026 (ending March 2026), the dividend is ¥30 interim and ¥35 year-end (total ¥65); the FY2027 (ending March 2027) forecast is ¥70 (¥35 interim, ¥35 year-end). Share buybacks are also conducted for the purpose of improving capital efficiency; a new buyback was resolved in April 2026 with an upper limit of 750 million shares and a total acquisition amount of ¥150.0 billion.
Dividend Policy
The policy gives priority to shareholder returns through dividends, aiming to raise DOE (dividend on equity attributable to owners of the parent) to 5% by 2027. Dividends are paid twice a year (interim and year-end). For FY2025 (ended March 2025), the actual total was ¥57 (¥27 interim, ¥30 year-end; total dividends of ¥106,443 million; payout ratio of 45.6%). For FY2026 (ending March 2026), the total is ¥65 (¥30 interim, ¥35 year-end; total dividends of ¥118,559 million; payout ratio of 50.9%). The forecast for FY2027 (ending March 2027) is a total of ¥70 (¥35 interim, ¥35 year-end; forecast payout ratio of 43.5%). Retained earnings are to be utilized for future business development such as R&D expenses and capital investment in production facilities.
ESG
With "realization of a decarbonized society" as a materiality issue, FY2025 GHG emissions (Scope 1, 2) were 938,000 t-CO2e (a 42% decrease versus FY2019), and the renewable energy adoption ratio reached 45.9%, achieving the mid-term targets. In terms of human capital, a global survey covering approximately 72,000 employees is conducted annually, and the company is working to improve the employee engagement positive response ratio (68%, versus an FY2027 target of 71% or higher) and the ratio of female managers (4.4%, versus an FY2027 target of 7%).
Last updated: June 24, 2026