Taiyo Yuden Co Ltd
6976: XTKS (JPN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|SDg# | LOCK|cgBxV | LOCK|vQ?&TnV |
MLCC Order Recovery and Telecom Device Restructuring Drive Margin Expansion
Business Strategy and Outlook
Taiyo Yuden is one of the top suppliers of passive components, with the third-largest market share in multilayer ceramic capacitors, or MLCCs, by revenue. Passive components are necessary for all electronic circuits. They are used to store electricity, to control electrical current, to enable wireless communication, and to remove electromagnetic noise.
