financetom
Business
financetom
/
Business
/
iPhone supplier Murata eyeing large-scale M&A to drive growth, CEO says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
iPhone supplier Murata eyeing large-scale M&A to drive growth, CEO says
Feb 19, 2025 10:21 PM

KYOTO, Japan (Reuters) - Japan's Murata Manufacturing ( MRAAF ) is considering mergers and acquisitions (M&A) larger than 100 billion yen ($665 million) to drive growth, the smartphone component supplier's CEO said on Thursday.

Murata is considering areas such as inductors and sensors with overseas targets also a possibility as the company seeks to grow its market share and expand in new markets, Norio Nakajima said.

"We are taking a broad view," Nakajima told Reuters in an interview at the company's headquarters in Kyoto.

($1 = 150.2600 yen)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Radius Recycling Reeling, Stock Slides After Q3 Sales Miss: Details
Radius Recycling Reeling, Stock Slides After Q3 Sales Miss: Details
Jul 2, 2024
Radius Recycling, Inc. ( RDUS ) shares are trading lower after the company reported worse-than-expected third-quarter sales results. Revenue stood at $674 million, missing the consensus of $693.9 million. Ferrous sales volumes (LT, in thousands) decreased to 1,112 from 1,157 a year ago; adjusted EBITDA per ferrous ton sold ($/LT) was $8 compared to $48 in the prior year quarter....
China's COFCO projects bigger Brazil soy, corn harvests in 2025
China's COFCO projects bigger Brazil soy, corn harvests in 2025
Jul 2, 2024
SAO PAULO, July 2 (Reuters) - China's COFCO International projects a potential increase of Brazilian soybean and corn harvests in the 2024/25 cycle while also gearing up to advance the expansion of a key port terminal next year, positioning it as one of the largest grain exporters in the country. In written answers to Reuters on Tuesday, Luiz Noto, the...
Toyota's Q2 US auto sales up 9% on SUV demand
Toyota's Q2 US auto sales up 9% on SUV demand
Jul 2, 2024
(Reuters) - Toyota Motor North America posted an about 9.2% rise in second-quarter U.S. auto sales on Tuesday, aided by demand for its affordable and premium crossover SUVs. The company, a unit of Japan's Toyota Motor Corp ( TM ), sold 621,549 vehicles in the quarter, compared with 568,962 units a year earlier. Sales of Toyota's ( TM ) SUVs,...
Smith-Midland Chief Financial Officer Stephanie Poe Resigns
Smith-Midland Chief Financial Officer Stephanie Poe Resigns
Jul 2, 2024
11:47 AM EDT, 07/02/2024 (MT Newswires) -- Smith-Midland ( SMID ) said Tuesday Chief Financial Officer Stephanie Poe has resigned, effective July 17. Former CFO AJ Krick will provide CFO-equivalent services as a consultant while the company searches for a new finance chief, according to Smith-Midland ( SMID ). Smith-Midland ( SMID ) shares were down 1.2% in recent trading....
Copyright 2023-2026 - www.financetom.com All Rights Reserved