Murata Manufacturing Co Ltd

6981: XTKS (JPN)
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Murata Manufacturing Earnings: Content Growth on Servers Offsets Weakness in Other Applications

Murata Manufacturing's September-quarter results were largely in line with our expectations. Operating income of JPY 91.8 billion was slightly below our expectation of JPY 95 billion, but this was due to higher restructuring costs in the rechargeable battery business.

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