Murata produces components that are used in nearly all electric devices. Products include capacitors, which deliver a consistent supply of power to a device, RF modules for wireless communication, and Lithium-Ion batteries. The company has two divisions: modules and components. The former generates 70% of all revenue. From an end market perspective, the company is exposed to:
- Communication (53% of revenues)
- Computers (15%)
- Automotive (15%)
- Home (13%)
- Audio-Visual (4%)
Customers include companies that produce electronic appliances, such as Bosch. Murata has a global presence but derives close to 80% of its revenues from Asia. It was established in 1944 by its founder, Akira Murata. The company has more than 74,000 employees and is based in Tokyo, Japan.
Cars with internal combustion engines contribute significantly to harmful emissions. By taking these cars off the road and replacing them with electric vehicles, we can reduce the level of CO2 emissions. Murata's electronic components are small devices, but they are key to enable safe usage of electric vehicles. This is because of their ability to control and maintain the flow of power. Without this, a car could potentially lose power. Murata is one of a few producers of these components, as the components need to withstand high temperatures, voltages and so on. As a result, Murata is a key enabler of the electrification of cars.
Murata also manufactures components for digital health devices and safety applications in cars. on the company directs its strong innovative power at making components smaller and more energy efficient.