Murata Manufacturing Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Norio Nakajima

Chief executive officer

JP¥129.0m

Total compensation

CEO salary percentage	54.3%
CEO tenure	4yrs
CEO ownership	0.003%
Management average tenure	6.2yrs
Board average tenure	6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Norio Nakajima's remuneration changed compared to Murata Manufacturing's earnings?
Date	Total Compensation	Salary	Company Earnings
Mar 31 2024	n/a	n/a	JP¥181b
Dec 31 2023	n/a	n/a	JP¥216b
Sep 30 2023	n/a	n/a	JP¥218b
Jun 30 2023	n/a	n/a	JP¥229b
Mar 31 2023	JP¥129m	JP¥70m	JP¥254b
Dec 31 2022	n/a	n/a	JP¥276b
Sep 30 2022	n/a	n/a	JP¥307b
Jun 30 2022	n/a	n/a	JP¥312b
Mar 31 2022	JP¥151m	JP¥70m	JP¥314b
Dec 31 2021	n/a	n/a	JP¥311b
Sep 30 2021	n/a	n/a	JP¥305b
Jun 30 2021	n/a	n/a	JP¥275b
Mar 31 2021	JP¥107m	JP¥63m	JP¥237b

Compensation vs Market: Norio's total compensation ($USD819.92K) is below average for companies of similar size in the JP market ($USD1.60M).

Compensation vs Earnings: Norio's compensation has been consistent with company performance over the past year.

CEO

Norio Nakajima (63 yo)

4yrs

Tenure

JP¥129,000,000

Compensation

Mr. Norio Nakajima has been President at Murata Manufacturing Co., Ltd. since June 2020 and its Director of Communication and Sensor Business Unit since July 2022. He served as Senior Executive Vice Presid...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Norio Nakajima	President	4yrs	JP¥129.00m	0.0030% ¥ 172.3m
Masanori Minamide	EVP, Director of Accounting	6.9yrs	no data	0.00093% ¥ 53.1m
Toshiyuki Kanbayashi	Administrative Manager	no data	no data	no data
Satoshi Sonoda	Executive VP	8.9yrs	no data	no data
Hiroshi Iwatsubo	Senior Executive VP	9yrs	no data	0.0025% ¥ 144.9m
Kenichi Mizuno	Executive Vice President of EMI Filter Division	no data	no data	no data
Norio Sakai	Executive Vice President of Production Engineering Unit	no data	no data	no data
Nagato Omori	Senior Vice President of Capacitor Division - Components Business Unit	5.4yrs	no data	no data
Ken Tonegawa	Senior Vice President of Energy Device Division - Module Business Unit	5.4yrs	no data	no data
Masahiro Sawada	General Manager of Accounting Department	no data	no data	no data
Takanori Toi	Vice President of Corporate Unit	no data	no data	no data

6.2yrs

Average Tenure

62yo

Average Age

Experienced Management: 6981's management team is seasoned and experienced (6.2 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Norio Nakajima	President	11yrs	JP¥129.00m	0.0030% ¥ 172.3m
Masanori Minamide	EVP, Director of Accounting	5yrs	no data	0.00093% ¥ 53.1m
Hiroshi Iwatsubo	Senior Executive VP	9yrs	no data	0.0025% ¥ 144.9m
Yuko Yasuda	Independent Outside Director	6yrs	no data	no data
Takatoshi Shinji Yamamoto	Independent Outside Director	5yrs	no data	0.00048% ¥ 27.4m
Tsuneo Murata	Representative Chairman	21yrs	JP¥107.00m	0.74% ¥ 42.2b
Takashi Nishijima	Outside Independent Director	2yrs	no data	no data
Hyo Kambayashi	Independent Outside Director	6yrs	no data	no data
Yoshiro Ozawa	Director	6yrs	no data	0.00048% ¥ 27.4m
Naoko Munakata	Outside Independent Director	4yrs	no data	0.000020% ¥ 1.1m

6.0yrs

Average Tenure

63yo

Average Age

Experienced Board: 6981's board of directors are considered experienced (6 years average tenure).

Murata Manufacturing Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Murata Manufacturing Co., Ltd., Annual General Meeting, Jun 27, 2024

Insufficient new directors

Murata Manufacturing Co., Ltd., Annual General Meeting, Jun 29, 2022

Less than half of directors are independent

Recent updates

Insufficient new directors

Murata Manufacturing Co., Ltd. Announces Launch of its Innovative L Cancel Transformer

Murata Manufacturing Co., Ltd. Announces Dividend for the Year Ended March 31, 2024, Payable on June 28, 2024 and Provides Dividend Guidance for the Second Quarter of Year Ending March 31, 2025

Murata Manufacturing Co., Ltd. (TSE:6981) announces an Equity Buyback for 44,000,000 shares, representing 2.33% for ¥80,000 million.

Murata Manufacturing Co., Ltd., Annual General Meeting, Jun 27, 2024

Murata Manufacturing Co., Ltd. Unveils Type 2GT Module, a Multi-Band, Low-Power Radio (LoRa) Module

Murata Manufacturing Co., Ltd. to Report Fiscal Year 2024 Results on Apr 26, 2024

Murata Manufacturing Co., Ltd. Resumes Production

Murata Launches Three Power Systems, Electrifying the Semiconductor Landscape

Murata Manufacturing Co., Ltd. Introduces the Smallest High-Q 100V MLCC for Consumer Electronics & Industrial Equipment

Third quarter 2024 earnings: EPS misses analyst expectations

Murata Manufacturing Co., Ltd. Provides Dividend Guidance for the Year End 2024

Murata Manufacturing Co., Ltd. Announces the SCH16T-K01, a Next Generation 6DoF Inertial Sensorr

Murata Manufacturing Co., Ltd. to Report Q3, 2024 Results on Feb 02, 2024

Murata Manufacturing Co., Ltd. Announces Its New Parasitic Element Coupling Device

Investor sentiment improves as stock rises 15%

Murata Manufacturing Co., Ltd. Provides Dividend Guidance for the Year End 2024

Murata Manufacturing Co., Ltd. Provides Dividend Guidance for the Year End 2024

Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of JP¥75.00 per share at 0.6% yield

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Insufficient new directors

Murata Manufacturing Co., Ltd. Introduces New Ultrasonic Sensor Device Intended for Deployment in Automotive Applications

Murata Manufacturing Co., Ltd. Announces Surplus Dividend for the Year Ended March 31, 2023

Murata Manufacturing Co., Ltd. to Report Q1, 2024 Results on Jul 31, 2023

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Upcoming dividend of JP¥75.00 per share at 1.9% yield

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Murata Manufacturing Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2023

Now 21% undervalued after recent price drop

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Murata Manufacturing Co., Ltd. Revises Consolidated Earnings Guidance for the Year Ending March 31, 2023

Upcoming dividend of JP¥75.00 per share

First quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Murata Manufacturing Co., Ltd., Annual General Meeting, Jun 29, 2022

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Less than half of directors are independent

Upcoming dividend of JP¥65.00 per share

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Murata Manufacturing Co., Ltd. Provides Dividend Guidance for the Year Ending March 31, 2022

CAP-XX Limited (AIM:CPX) completed the acquisition of Supercapacitor manufacturing assets of Murata Manufacturing Co., Ltd from Murata Manufacturing Co., Ltd. (TSE:6981).

Murata and Michelin Co-develop RFID Module to Improve Tire Management Operations

Second quarter 2022 earnings released: EPS JP¥142 (vs JP¥94.21 in 2Q 2021)

Upcoming dividend of JP¥60.00 per share

Investor sentiment improved over the past week

Murata Manufacturing Co., Ltd. (TSE:6981) acquired ETA Wireless, Inc.

First quarter 2022 earnings released: EPS JP¥121 (vs JP¥61.87 in 1Q 2021)

Consensus EPS estimates increase to JP¥453

Murata Manufacturing Co., Ltd. and Cooler Master Co., Ltd. Jointly Develops 200 µm Vapor Chamber

Murata Manufacturing Co., Ltd. Proposes Year-End Dividend, Payable on June 30, 2021

Full year 2021 earnings released: EPS JP¥371 (vs JP¥286 in FY 2020)

Murata Manufacturing Co., Ltd. Announces Dividend for the Year Ended March 31, 2021, Payable on June 30, 2021

Upcoming dividend of JP¥55.00 per share

Senet, Inc. and Murata Collaborate to Optimize IoT Solution Performance

Murata Manufacturing Co., Ltd. to Report Q3, 2022 Results on Feb 01, 2022

Third quarter 2021 earnings released: EPS JP¥120 (vs JP¥87.61 in 3Q 2020)

Revenue and earnings beat expectations

Price target raised to JP¥10,150

New 90-day high: JP¥10,330

New 90-day high: JP¥9,320

Origin Wireless Inc. Partners with Murata Manufacturing Company Ltd. to Expedite Adoption of Smart WiFi Sensing in Automobiles

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure