Taiyo Yuden Co Ltd
6976: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|&RYZ | LOCK|Ws#RM | LOCK|s>?f?l$ |
Taiyo Yuden Earnings: Improving MLCC Capacity Utilization Drives Margin Recovery; Shares Undervalued
Taiyo Yuden's June-quarter sales decreased 2.2% sequentially due to the appreciation of the Japanese yen. However, the operating margin improved to 3.7% from 2.4% as capacity utilization increased. The company guides for 9% sequential revenue growth in the September quarter.
