Date: July 30, 2025

Consolidated Financial Results

for the Three Months Ended June 30, 2025 (Under IFRS)

Company Name : Murata Manufacturing Co., Ltd. Stock Exchange Listings:

Listing Code : 6981 Tokyo Stock Exchange
(URL https://corporate.murata.com/en-global/) Stock Exchange of
Singapore Phone : 81-75-955-6525
The date of payout of dividends :-

(Amounts are rounded to the nearest million yen)

1. Consolidated financial results for the three months ended June 30, 2025
(1) Operating results (Percentage represents year-on-year changes.)
Profit attributable to
Revenue Operating profit Profit before tax owners of parent Comprehensive income
Three months ended Millions of yen % Millions of yen % Millions of yen % Millions of yen % Millions of yen %
June 30, 2025 416,154 (1.3) 61,621 (7.2) 62,322 (25.4) 49,714 (25.1) 31,167 (76.1)
June 30, 2024 421,707 14.7 66,375 32.5 83,566 33.1 66,365 32.5 130,639 19.7

Basic earnings Diluted earnings

per share per share
Three months ended Yen Yen
June 30, 2025 26.83 -
June 30, 2024 35.30 -

(2) Financial position

Ratio of equity Equity attributable to
Equity attributable to
Total assets Total equity attributable to owners of parent
owners of parent per share
owners of parent
As of Millions of yen Millions of yen Millions of yen % Yen
June 30, 2025 2,932,783 2,518,072 2,519,040 85.9 1,365.80
March 31, 2025 3,028,194 2,579,975 2,580,805 85.2 1,385.77

2. Cash dividends
Annual dividends per share
First quarter Second quarter Third quarter Year-end Total
Yen Yen Yen Yen Yen
Year ended
March 31, 2025 - 27.00 - 30.00 57.00
Year ending
March 31, 2026 -
Year ending
March 31, 2026 (Forecast) 30.00 - 30.00 60.00
* Revisions to the forecast of cash dividends most recently announced: None

3. Forecast of consolidated financial results for the year ending March 31, 2026
(Percentage represents year-on-year changes.)
Profit attributable to Basic earnings
Revenue Operating profit Profit before tax owners of parent per share
Millions of yen % Millions of yen % Millions of yen % Millions of yen % Yen
Six months ending
September 30, 2025 830,000 (6.1) 117,000 (26.0) 122,000 (25.6) 94,000 (27.9) 50.47
Year ending
1,640,000 (5.9) 220,000 (21.3) 230,000 (24.4) 177,000 (24.3) 95.04
March 31, 2026
* Revisions to the forecast of consolidated financial result most recently announced: None
* Percentage represents year-on-year changes.
* Basic earnings per share for the year ending March 31,2026 do not include the impact of the stock repurchase of treasury stock, which was resolved at
the meeting of the Board of Directors held on April 30, 2025.

-1-
4. Notes
(1) Changes in significant subsidiaries during the period (changes in specific subsidiaries that caused change in scope of consolidation): None

(2) Changes in accounting policies and changes in accounting estimates

1) Changes in accounting policies required by IFRS: None
2) Changes in accounting policies due to other reasons: None
3) Changes in accounting estimates: None

(3) Number of issued shares

1) Total number of shares at the end of the period (including treasury shares)
As of June 30, 2025 1,963,001,843 shares
As of March 31, 2025 1,963,001,843 shares

2) Number of treasury shares at the end of the period

As of June 30, 2025 118,629,703 shares
As of March 31, 2025 100,640,793 shares

3) Average number of shares during the period

Three months ended June 30, 2025 1,852,149,011 shares
Three months ended June 30, 2024 1,880,218,434 shares

*Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: None

*Notes to the projected financial results

The above projections were prepared based on estimates using information currently available.
Actual results may differ from the forecast. For assumptions and other information regarding the forecast, refer to “Business Results and Financial Position”.

-2-
 Business Results and Financial Position
(from April 1, 2025 through June 30, 2025)

1. Business Results

During the period, the global economic environment remained on a moderate recovery trend. However, the
future outlook continued to be uncertain due to factors such as rising tensions in the Middle East and U.S.
policy developments.

In the electronics market, where Murata Manufacturing Co., Ltd. and its subsidiaries (hereinafter referred
to as the Companies) operate, demand for parts saw continued investment in data centers and expanding
demand for AI servers and peripheral equipment. Furthermore, the automotive market remained firm, driven
by the rising proportion of xEVs and the advancement of AD/ADAS.

In these circumstances, regarding revenue during the period, revenue of capacitors (MLCCs) increased for
server. However, revenue of high-frequency modules and multilayer resin substrates decreased for
smartphones. As a result, revenue decreased by 1.3 % year-on-year to 416,154 million yen, boosted in part by
foreign currency fluctuations (the yen appreciated by 11.29 yen year-on-year)

Looking at profits, operating profit was 61,621 million yen, down 7.2 % year-on-year, profit before tax
was 62,322 million yen, down 25.4% year-on-year, and profit attributable to owners of parent came to 49,714
million yen, down 25.1 % year-on-year. This was due to profit-decreasing factors such as a fall in product
selling prices and a stronger yen, despite profit-increasing factors such as an increase in the operation rate
and a cost reduction.

Millions of yen
Three months ended Three months ended
Change
June 30, 2024 June 30, 2025
%* %* %
Revenue 421,707 100.0 416,154 100.0 (5,553) (1.3)
Operating profit 66,375 15.7 61,621 14.8 (4,754) (7.2)
Profit before tax 83,566 19.8 62,322 15.0 (21,244) (25.4)
Profit attributable to owners of parent 66,365 15.7 49,714 11.9 (16,651) (25.1)
Average exchange rate (Yen/U.S. dollar) 155.89 - 144.60 - (11.29) -
*Component ratio as a percentage of revenue

-3-
 Revenue by Operating Segments
Revenue by Operating Segment for the period under review were as follows.

Millions of yen
Three months ended Three months ended
Change
June 30, 2024 June 30, 2025
%* %* %
Capacitors 203,313 48.2 217,330 52.2 14,017 6.9
Inductors and EMI filters 48,283 11.4 52,488 12.6 4,205 8.7
Components 251,596 59.6 269,818 64.8 18,222 7.2
High-Frequency Device
99,326 23.6 82,075 19.7 (17,251) (17.4)
and Communications
Module
Battery and Power supply 42,628 10.1 35,756 8.6 (6,872) (16.1)
Functional Device 25,219 6.0 24,803 6.0 (416) (1.6)
Devices and Modules 167,173 39.7 142,634 34.3 (24,539) (14.7)
Others 2,938 0.7 3,702 0.9 764 26.0
Revenue 421,707 100.0 416,154 100.0 (5,553) (1.3)
*Component ratio as a percentage of revenue

<Components>
Revenue of Components during the period increased by 7.2 % year-on-year to 269,818 million yen.

〔Capacitors〕
The Capacitors category includes MLCCs.
During the period, revenue of MLCCs increased for server.
As a result, overall revenue increased by 6.9 % year-on-year to 217,330 million yen.

〔Inductors and EMI Filters〕

The Inductors and EMI filters category includes Inductors and EMI Suppression Filters.
During the period, revenue of inductors increased for mobility and server. Additionally, revenue of EMI
suppression filters increased for server.
As a result, overall revenue increased by 8.7% year-on-year to 52,488 million yen.

-4-
<Devices and Modules>
Revenue of Devices and Modules during the period decreased by 14.7 % year-on-year to 142,634 million
yen.

〔High-Frequency Device and Communications Module〕

The High-Frequency Device and Communications Module category includes Multilayer resin substrates,
High frequency modules, Connectivity modules, and SAW filters.
During the period, revenue of high frequency modules decreased for smartphones and PCs. Additionally,
multilayer resin substrates and SAW filters decreased for smartphones.
As a result, overall revenue decreased by 17.4 % year-on-year to 82,075 million yen.

〔Battery and Power supply〕

The Battery and Power supply category includes Lithium-ion secondary batteries, Power supplies
modules.
During the period, revenue of lithium-ion secondary batteries decreased for power tools.
As a result, overall revenue decreased by 16.1 % year-on-year to 35,756 million yen.

〔Functional Device〕
The Functional Device category includes Sensors, Timing devices (Resonators).
During the period, revenue of sensors decreased for mobility.
As a result, overall revenue decreased by 1.6 % year-on-year to 24,803 million yen.

-5-
 Revenue by Application Category
Revenue by Application Category for the period under review were as follows.
Effective from the period, we changed the scope of revenue classification by application to better reflect
the actual state of our business. For comparisons with the previous fiscal year as listed below, the
amounts for the previous fiscal year have been reclassified into the new revenue classification by
application for comparative analysis.

Millions of yen
Three months ended Three months ended
Change
June 30, 2024 June 30, 2025
% % %
Communication 154,903 36.7 137,556 33.1 (17,347) (11.2)
Mobility 114,960 27.3 113,347 27.2 (1,613) (1.4)
Computers 57,169 13.6 69,973 16.8 12,804 22.4
Home Electronics 39,014 9.3 36,819 8.9 (2,195) (5.6)
Industry and Others 55,661 13.1 58,459 14.0 2,798 5.0
Revenue 421,707 100.0 416,154 100.0 (5,553) (1.3)
*Based on our estimate

〔Communication〕
During the period, revenue of high-frequency modules and multilayer resin substrates decreased for
smartphones.
As a result, overall revenue decreased by 11.2 % year-on-year to 137,556 million yen.

〔Mobility〕
During the period, while revenue of inductors increased for automotive, revenue of MLCCs and sensors
decreased for automotive.
As a result, overall revenue decreased by 1.4 % year-on-year to 113,347 million yen.

〔Computers〕
During the period, while revenue of high-frequency modules decreased for PCs, revenue of MLCCs
increased for server.
As a result, overall revenue increased by 22.4 % year-on-year to 69,973 million yen.

〔Home Electronics〕
During the period, revenue of lithium-ion secondary batteries decreased for power tools.
As a result, overall revenue decreased by 5.6 % year-on-year to 36,819 million yen.

〔Industry and Others〕

During the period, revenue of MLCCs increased for distributors and industrial
equipment. As a result, overall revenue increased by 5.0 % year-on-year to 58,459
million yen.

-6-
2. Financial Position

Total assets at the end of the period decreased by 95,411 million yen from the end of the previous fiscal
year to 2,932,783 million yen mainly due to a decrease in cash and cash equivalents, despite an increase in
other current assets. Total liabilities decreased by 33,508 million yen from the end of the previous fiscal year
to 414,711 million yen mainly due to a decrease in other current liabilities. Total equity decreased by 61,903
million yen from the end of the previous fiscal year to 2,518,072 million yen, mainly due to an increase in
treasury shares and decreases in other components of equity. The ratio of equity attributable to owners of
parent up by 0.7 points from the end of the previous fiscal year to 85.9 %.

Compared with the previous fiscal year, cash flows for the period under review were as follows.

<Net cash provided by operating activities>

During the period, cash flows from operating activities were an inflow of 39,994 million yen mainly due to
profit for the period of 49,671 million yen, which is the source of cash flows, and depreciation and
amortization of 41,950 million yen.
Net cash provided by cash flows from operating activities decreased by 18,499 million yen from the same
period of the previous fiscal year.

<Net cash used in investing activities>

During the period, cash flows from investing activities were an outflow of 33,562 million yen mainly due to
purchase of property, plant and equipment of 47,819 million yen, aimed at boosting production capacity and
construction of buildings for production in particular.
Net cash used in investing activities decreased by 28,003 million yen from the same period of the previous
fiscal year.

<Net cash used in financing activities>

During the period, cash flows from financing activities were an outflow of 96,035 million yen mainly due to
the payment of dividends of 55,871 million yen and purchase of treasury shares of 37,372 million yen.
Net cash used in financing activities decreased by 7,689 million yen from the same period of the previous
fiscal year.

-7-
3. Forecast of Consolidated Financial Results for the Year Ending March 31, 2026

The Companies have not revised their forecast of consolidated financial results for the year ending March
31, 2026, which were announced on April 30, 2025.

[Cautionary Statement on Forward-looking Statements]

This report contains forward-looking statements concerning the Companies’ projections, plans, policies, strategies, schedules,
and decisions. These forward-looking statements are not historical facts; rather, they represent the assumptions of the
Companies based on information currently available and certain assumptions we deem as reasonable. Actual results may differ
materially from expectations owing to various risks and uncertainties. Readers are therefore requested not to rely on these
forward-looking statements as the sole basis for evaluating the Companies. The Companies have no obligation to revise any of
the forward- looking statements as a result of new information, future events, or otherwise.
Risks and uncertainties that may affect actual results include, but are not limited to, the following:
(1) Economic conditions of the Companies’ business environment, and trends, supply-demand balance, and price fluctuations
in the markets for electronic devices and components
(2) Price fluctuations and insufficient supply of raw materials
(3) Exchange rate fluctuations
(4) The Companies’ ability to provide a stable supply of new products that are compatible with the rapid technical innovation
of the electronic components market and to continue to design and develop products and services that satisfy customers
(5) Changes in the market value of the Companies’ financial assets
(6) Drastic legal, political, and social changes in the Companies’ business environment
(7) Other uncertainties and contingencies.

-8-
 Condensed quarterly consolidated financial statements and primary notes

(1) Condensed quarterly consolidated statement of financial position

(Millions of yen)

March 31, 2025 June 30, 2025

Assets
Current assets
Cash and cash equivalents 625,148 519,594
Trade receivables 294,419 290,913
Inventories 482,833 489,202
Other financial assets Other 50,685 37,545
current assets 44,850 70,369
Total current assets 1,497,935 1,407,623

Non-current assets
Property, plant and equipment 1,183,727 1,175,765
64,204 63,819
Right-of-use assets
135,746 133,276
Goodwill Intangible
40,647 40,297
assets
Investments accounted for using equity 215 231
method 40,274 43,596
Other financial assets
52,675 55,995
Deferred tax assets
12,771 12,181
Other non-current assets 1,530,259 1,525,160
Total non-current assets
3,028,194 2,932,783
Total assets

-9-
 (Millions of yen)

March 31, 2025 June 30, 2025

Liabilities
Current liabilities
Bonds and borrowings 781 977
Trade payables 69,617 67,751
Lease liabilities 10,043 10,336
Other financial liabilities 49,066 46,573
Income taxes payable 30,952 23,142
Deferred income 883 882
Provisions 2,170 2,060
Other current liabilities 113,005 89,395
Total current liabilities 276,517 241,116

Non-current liabilities
Bonds and borrowings 1,656 1,544
Lease liabilities 47,513 47,526
Other financial liabilities 4,743 4,231
Deferred income 19,131 18,743
Retirement benefit liability 74,834 76,345
Provisions 7,435 7,250
Deferred tax liabilities 12,081 10,979
Other non-current liabilities 4,309 6,977
Total non-current liabilities 171,702 173,595
Total liabilities 448,219 414,711

Equity
Share capital 69,444 69,444
Capital surplus 99,354 99,601
Retained earnings 2,400,684 2,394,527
Other components of equity 146,515 128,032
Treasury shares (135,192) (172,564)
Equity attributable to owners of parent 2,580,805 2,519,040
Non-controlling interests (830) (968)
Total equity 2,579,975 2,518,072

Total liabilities and equity 3,028,194 2,932,783

- 10 -
(2) Condensed quarterly consolidated statement of profit or loss and condensed quarterly
consolidated statement of comprehensive income
Condensed quarterly consolidated statement of profit or loss
(Millions of yen)
Three months ended Three months ended
June 30, 2024 June 30, 2025

Revenue 421,707 416,154

Cost of sales (252,260) (243,494)
Gross profit 169,447 172,660
Selling, general and administrative expenses (69,838) (71,354)
Research and development expenses (37,852) (39,819)
Other income 8,524 1,408
Other expenses (3,906) (1,274)
Operating profit 66,375 61,621
Finance income 17,709 5,948
Finance costs (533) (5,261)
Share of profit (loss) of investments accounted
15 14
for using equity method
Profit before tax 83,566 62,322
Income tax expense (17,289) (12,651)
Profit for the period 66,277 49,671

Profit attributable to:

Owners of parent 66,365 49,714
Non-controlling interests (88) (43)
Profit for the period 66,277 49,671

Earnings per share

Basic earnings per share 35.30 26.83

- 11 -
Condensed quarterly consolidated statement of comprehensive income
(Millions of yen)

Three months Three months

ended June 30, ended June 30,
2024 2025

Profit for the period 66,277 49,671

Other comprehensive income, net of tax

Items that will not be reclassified to profit or
loss
Financial assets measured at fair value
through other comprehensive income 238 617
Total of items that will not be reclassified to
profit or loss 238 617

Items that may be reclassified to profit or loss

Financial assets measured at fair value

through other comprehensive income (0) (1)
Exchange differences on translation of
foreign operations 64,124 (19,120)
Total of items that may be reclassified to
profit or loss 64,124 (19,121)
Total other comprehensive income, net of tax 64,362 (18,504)
Comprehensive income for the period 130,639 31,167

Comprehensive income attributable to:

Owners of parent 130,665 31,231
Non-controlling interests (26) (64)
Comprehensive income for the period 130,639 31,167

- 12 -
(3) Condensed quarterly consolidated statement of changes in equity
For the three months ended June 30, 2024
(Millions of yen)
Equity attributable to owners of
parent Non-
Other controlling Total equity
Share Capital Retained Treasury
capital surplus earnings co mponents shares Total interests
of equity
Balance as of April 1, 69,444 121,231 2,332,018 166,895 (133,441) 2,556,147 (538) 2,555,609
2024 Profit for the - - 66,365 - - 66,365 (88) 66,277
period Other - - - 64,300 - 64,300 62 64,362
comprehensive income
Comprehensive income - - 66,365 64,300 - 130,665 (26) 130,639
Purchase of treasury - - - - (50,001) (50,001) - (50,001)
shares
Disposal of treasury - 0 - - 0 0 - 0
shares
Cancellation of treasury - (19,255) (21,008) - 40,263 - - -
shares
Dividends - - (51,009) - - (51,009) (114) (51,123)
Share-based payment - 45 - - - 45 - 45
transactions
Total transactions with - (19,210) (72,017) - (9,738) (100,965) (114) (101,079)
owners
Balance as of June 30, 2024 69,444 102,021 2,326,366 231,195 (143,179) 2,585,847 (678) 2,585,169

For the three months ended June 30, 2025

(Millions of yen)
Equity attributable to owners of parent
Non-
Other controlling Total equity
Share Capital Retained Treasury
capital surplus earnings co mponents shares Total interests
of equity
Balance as of April 1, 69,444 99,354 2,400,684 146,515 (135,192) 2,580,805 (830) 2,579,975
2025 Profit for the - - 49,714 - - 49,714 (43) 49,671
period Other
- - - (18,483) - (18,483) (21) (18,504)
comprehensive income
Comprehensive income - - 49,714 (18,483) - 31,231 (64) 31,167
Purchase of treasury
- - - - (37,372) (37,372) - (37,372)
shares
Disposal of treasury
- 0 - - 0 0 - 0
shares
Cancellation of treasury
- - - - - - - -
shares
Dividends - - (55,871) - - (55,871) (74) (55,945)
Share-based payment
- 247 - - - 247 - 247
transactions
Total transactions with
- 247 (55,871) - (37,372) (92,996) (74) (93,070)
owners
Balance as of June 30, 2025 69,444 99,601 2,394,527 128,032 (172,564) 2,519,040 (968) 2,518,072

- 13 -
(4) Condensed quarterly consolidated statement of cash flows
(Millions of yen)

Three months ended Three months ended

June 30, 2024 June 30, 2025
Cash flows from operating activities
Profit for the period 66,277 49,671
Depreciation and amortization 42,447 41,950
Impairment losses 2,265 441
Finance income and finance costs (17,176) (687)
Income tax expense 17,289 12,651
of loss (profit) of investments accounted for using
Share (15) (14)
equity method
Loss (gain) on sale and retirement of fixed assets 137 478
Decrease (increase) in trade receivables 1,342 3,480
Decrease (increase) in inventories 10,830 (7,901)
Decrease (increase) in other assets (24,154) (24,954)
Increase (decrease) in trade payables (692) (1,588)
Increase (decrease) in other liabilities (19,590) (10,479)
Other 983 2,750
Subtotal 79,943 65,798
Income taxes paid (21,450) (25,804)
Net cash provided by operating activities 58,493 39,994

Cash flows from investing activities

Net decrease (increase) in time deposits (7,819) 14,377
Purchase of property, plant and equipment (57,108) (47,819)
Proceeds from sale of property, plant and equipment 981 441
Purchase of intangible assets (2,289) (2,698)
Purchase of investments (1,697) (2,180)
Proceeds from sale and redemption of investments 1,700 -
Interest and dividends received 4,615 4,412
Other 52 (95)
Net cash provided by (used in) investing activities (61,565) (33,562)

Cash flows from financing activities

Proceeds from long-term borrowings 137 84
Purchase of treasury shares (50,001) (37,372)
Repayments of lease liabilities (2,598) (2,576)
Interest paid (139) (226)
Dividends paid (51,009) (55,871)
Other (114) (74)
Net cash provided by (used in) financing activities (103,724) (96,035)

Effect of exchange rate changes on cash and cash

equivalents 22,433 (15,951)
Net increase (decrease) in cash and cash equivalents (84,363) (105,554)
Cash and cash equivalents at beginning of period 622,007 625,148
Cash and cash equivalents at end of period 537,644 519,594

- 14 -
(5) Notes to condensed quarterly consolidated financial
statements (Going concern assumption)
None

(Segment Information)
Outline of Operating Segment
The Companies mainly develop, manufacture and sell electronic components and related products.
Operating segments of the Companies are classified based on the business strategies of the Companies, and the Companies
recognized three segments that are the Components, Devices and Modules, and Others.
Three months ended June 30, 2024
(Millions of yen)
Devices and Eliminations and
Components Others Consolidated
Modules Corporate
Revenue to:
Unaffiliated customers 251,596 167,173 2,938 - 421,707
Intersegment 2,748 3 12,490 (15,241) -
Total revenue 254,344 167,176 15,428 (15,241) 421,707
Operating profit (loss) 73,663 (6,124) (1,164) - 66,375
Operating profit ratio 29.0% (3.7)% (7.5)% - 15.7%

Three months ended June 30, 2025

(Millions of yen)
Devices and Eliminations and
Components Others Consolidated
Modules Corporate
Revenue to:
Unaffiliated customers 269,818 142,634 3,702 - 416,154
Intersegment 4,188 4 13,483 (17,675) -
Total revenue 274,006 142,638 17,185 (17,675) 416,154
Operating profit (loss) 71,170 (8,014) (1,535) - 61,621
Operating profit ratio 26.0% (5.6)% (8.9)% - 14.8%

Notes: 1. Major products and businesses included in the operating segment

(1) Components: Capacitors, Inductors, and EMI suppression filters
(2) Devices and Modules: RF modules, SAW filters, Lithium-ion secondary batteries, and Sensors
(3) Others: Machinery manufacturing, Medical products, and Solutions
business Notes: 2. Intersegment transactions are based on market prices.

(Significant subsequent events)

None

- 15 -
 Other

July 30, 2025

Murata Manufacturing Co., Ltd.
Listing Code:
6981 (URL https://corporate.murata.com/en-
global/)
Flash Report (Three months ended June 30, 2025)

Consolidated financial results

Three months ended Three months ended Growth
June 30, 2024 June 30, 2025 ratio
%
Revenue Millions of yen 421,707 416,154 (1.3)
<%>*2 <15.7> <14.8>
Operating profit Millions of yen 66,375 61,621 (7.2)
<%>*2 <19.8> <15.0>
Profit before tax Millions of yen 83,566 62,322 (25.4)
<%>*2 <15.7> <11.9>
Profit attributable to owners of parent Millions of yen 66,365 49,714 (25.1)

Total assets Millions of yen 3,036,746 2,932,783 (3.4)

Total equity Millions of yen 2,585,169 2,518,072 (2.6)

Ratio of equity attributable to owners of

% 85.2 85.9 -
parent

Basic earnings per share Yen 35.30 26.83 (24.0)

*3
Diluted earnings per share Yen - - -

Equity attributable to owners of parent per

Yen 1,381.12 1,365.80 -
share

Capital expenditures Millions of yen 41,694 34,715 (16.7)

<%>*2 <10.1> <10.1>
Depreciation and amortization Millions of yen 42,447 41,950 (1.2)
<%>*2 <9.0> <9.6>
Research and development expenses Millions of yen 37,852 39,819 5.2
*4 <38,731> <38,170>
Number of employees 73,605 73,910 0.4
Average exchange rates
Yen/US dollar Yen 155.89 144.60 -
*1 Condensed quarterly consolidated financial statements are prepared in accordance with IFRS.
*2 Ratio to revenue
*3 Diluted earnings per share are not stated since there were no potential dilutive securities.
*4 Figures in parentheses indicate the number of employees in foreign countries.

<Break down of inventories> (Millions of yen)

As of March 31, 2025 As of June 30, 2025
Merchandise and finished goods 187,577 190,185
Work in process 175,509 180,342
Raw materials and supplies 119,747 118,675
Total 482,833 489,202

- 16 -
Orders, Backlogs, and Sales
(1) Orders and Backlogs by Operating Segment
<Orders>
Millions of yen
Three months ended Three months ended
Change
June 30, 2024 June 30, 2025
%*1 %*1 %
Capacitors 213,226 49.6 223,995 51.8 10,769 5.1
Inductors and EMI filters 51,376 12.0 52,913 12.3 1,537 3.0
Components 264,602 61.6 276,908 64.1 12,306 4.7
High-Frequency Device
93,648 21.8 86,042 20.0 (7,606) (8.1)
and Communications
Module Battery and Power 39,588 9.2 38,631 9.0 (957) (2.4)
supply 29,267 6.8 26,560 6.2 (2,707) (9.2)
Functional Device
Devices and Modules 162,503 37.8 151,233 35.2 (11,270) (6.9)
Others 2,750 0.6 2,989 0.7 239 8.7
Total 429,855 100.0 431,130 100.0 1,275 0.3
*1 Component ratio
*2 Figures are based on sales prices to customers.

<Backlogs>
Millions of yen
As of March 31, 2025 As of June 30, 2025 Change
%*1 %*1 %
Capacitors 142,007 49.4 148,672 49.2 6,665 4.7
Inductors and EMI filters 31,457 10.9 31,882 10.5 425 1.4
Components 173,464 60.3 180,554 59.7 7,090 4.1
High-Frequency Device
43,696 15.2 47,663 15.8 3,967 9.1
and Communications
Module Battery and Power 49,180 17.1 52,055 17.2 2,875 5.8
supply 15,939 5.6 17,696 5.8 1,757 11.0
Functional Device
Devices and Modules 108,815 37.9 117,414 38.8 8,599 7.9
Others 5,216 1.8 4,503 1.5 (713) (13.7)
Total 287,495 100.0 302,471 100.0 14,976 5.2
*1 Component ratio
*2 Figures are based on sales prices to customers.

- 17 -
(2) Revenue by Operating Segment, Application and Area
1. Revenue by Operating Segment
Millions of yen
Three months ended Three months ended
Change
June 30, 2024 June 30, 2025
%*1 %*1 %
Capacitors 203,313 48.2 217,330 52.2 14,017 6.9
Inductors and EMI filters 48,283 11.4 52,488 12.6 4,205 8.7
Components 251,596 59.6 269,818 64.8 18,222 7.2
High-Frequency Device
99,326 23.6 82,075 19.7 (17,251) (17.4)
and Communications
Module Battery and Power 42,628 10.1 35,756 8.6 (6,872) (16.1)
supply 25,219 6.0 24,803 6.0 (416) (1.6)
Functional Device
Devices and Modules 167,173 39.7 142,634 34.3 (24,539) (14.7)
Others 2,938 0.7 3,702 0.9 764 26.0
Revenue 421,707 100.0 416,154 100.0 (5,553) (1.3)
*1 Component ratio

2. Revenue by Application (based on the Company’s estimate)

Millions of yen
Three months ended Three months ended
Change
June 30, 2024 June 30, 2025
%*1 %*1 %
Communication 154,903 36.7 137,556 33.1 (17,347) (11.2)
Mobility 114,960 27.3 113,347 27.2 (1,613) (1.4)
Computers 57,169 13.6 69,973 16.8 12,804 22.4
Home Electronics 39,014 9.3 36,819 8.9 (2,195) (5.6)
Industry and Others 55,661 13.1 58,459 14.0 2,798 5.0
Revenue 421,707 100.0 416,154 100.0 (5,553) (1.3)
*1 Component ratio
Note : Effective from the period, we changed the scope of revenue classification by application. The amounts for the previous fiscal
year have been reclassified into the new revenue classification by application.

3. Revenue by Area
Millions of yen
Three months ended Three months ended
Change
June 30, 2024 June 30, 2025
%*1 %*1 %
The Americas 59,789 14.2 57,375 13.8 (2,414) (4.0)
Europe 41,586 9.9 38,495 9.2 (3,091) (7.4)
Greater China 205,854 48.8 202,633 48.7 (3,221) (1.6)
Asia and Others 81,414 19.3 85,727 20.6 4,313 5.3
Overseas total 388,643 92.2 384,230 92.3 (4,413) (1.1)
Japan 33,064 7.8 31,924 7.7 (1,140) (3.4)
Revenue 421,707 100.0 416,154 100.0 (5,553) (1.3)
*1 Component ratio
*2 Revenue are attributed to countries or areas based on customer locations.

- 18 -
Quarterly Consolidated Performance
(1) Consolidated Financial Results
Millions of yen
Three months Three months
Three months Three months
ended September ended December
ended June 30, 2024 ended March 31, 2025
30, 31,
2024 2024
% *1
Revenue 421,707 100.0 461,774 100.0 448,008 100.0 411,863 100.0
Operating profit 66,375 15.7 91,797 19.9 75,989 17.0 45,541 11.1
Profit before tax 83,566 19.8 80,463 17.4 104,528 23.3 35,847 8.7
Profit attributable to owners of
66,365 15.7 63,955 13.8 71,002 15.8 32,496 7.9
parent

Millions of yen
Three months
ended June 30, 2025
% *1
Revenue 416,154 100.0
Operating profit 61,621 14.8
Profit before tax 62,322 15.0
Profit attributable to owners of
49,714 11.9
parent
*1 Ratio to revenue

(2) Revenue by Operating Segment

Millions of yen
Three months Three months
Three months Three months
ended September ended December
ended June 30, 2024 ended March 31, 2025
30, 31,
2024 2024
% *1 % *1 % *1 % *1
Capacitors 203,313 48.2 213,999 46.3 213,089 47.6 201,444 48.9
Inductors and EMI filters 48,283 11.4 52,769 11.4 51,496 11.5 48,725 11.8
Components 251,596 59.6 266,768 57.7 264,585 59.1 250,169 60.7
High-Frequency Device
99,326 23.6 126,346 27.4 120,860 27.0 97,070 23.6
and Communications
Module Battery and Power 42,628 10.1 41,091 8.9 34,655 7.7 37,367 9.1
supply 25,219 6.0 23,985 5.2 24,535 5.5 24,083 5.8
Functional Device
Devices and Modules 167,173 39.7 191,422 41.5 180,050 40.2 158,520 38.5
Others 2,938 0.7 3,584 0.8 3,373 0.7 3,174 0.8
Revenue 421,707 100.0 461,774 100.0 448,008 100.0 411,863 100.0

Millions of yen
Three months
ended June 30, 2025
% *1
Capacitors 217,330 52.2
Inductors and EMI filters 52,488 12.6
Components 269,818 64.8
High-Frequency Device and
82,075 19.7
Communications Module
Battery and Power supply 35,756 8.6
Functional Device 24,803 6.0
Devices and Modules 142,634 34.3
Others 3,702 0.9
Revenue 416,154 100.0
*1 Component ratio

- 19 -
(3) Revenue by Application (based on the Company’s estimate)
Millions of yen
Three months Three months
Three months Three months
ended September ended December
ended June 30, 2024 ended March 31, 2025
30, 31,
2024 2024
% *1 % *1 % *1 % *1
Communication 154,903 36.7 191,314 41.4 179,841 40.1 148,130 36.0
Mobility 114,960 27.3 112,609 24.4 114,636 25.6 110,577 26.8
Computers 57,169 13.6 64,328 13.9 61,139 13.6 59,048 14.3
Home Electronics 39,014 9.3 36,461 7.9 32,274 7.2 34,762 8.4
Industry and Others 55,661 13.1 57,062 12.4 60,118 13.5 59,346 14.5
Revenue 421,707 100.0 461,774 100.0 448,008 100.0 411,863 100.0

Millions of yen
Three months
ended June 30, 2025
% *1
Communication 137,556 33.1
Mobility 113,347 27.2
Computers 69,973 16.8
Home Electronics 36,819 8.9
Industry and Others 58,459 14.0
Revenue 416,154 100.0
*1 Component ratio
Note : Effective from the period, we changed the scope of revenue classification by application. The amounts for the previous fiscal
year have been reclassified into the new revenue classification by application.

- 20 -