Murata Manufacturing Co. Ltd. announced unaudited consolidated and parent earnings results for the third quarter and nine months ended December 31, 2012. For the period, on consolidated basis, the company reported net sales of JPY 506,873 million against JPY 444,578 million a year ago. Operating income was JPY 44,426 million against JPY 42,195 million a year ago. The negative impact from the cost of increased production capacity along with sales increase, the increase in fixed costs owing to the acquisitions of businesses, and price reduction was fully offset by positive factors such as the company's comprehensive cost-reduction activities and a high level of capacity utilization. Income before income taxes was JPY 46,077 million against JPY 46,949 million a year ago. Net income was JPY 31,405 million or JPY 148.78 per basic share against JPY 31,427 million or JPY 146.73 per basic share a year ago. Net cash provided by operating activities was JPY 19,538 million against JPY 27,302 million a year ago. Capital expenditures were JPY 59,314 million against JPY 49,241 million a year ago.

For nine months, on parent basis, the company reported net sales of JPY 407,728 million against JPY 379,206 million a year ago. Operating income was JPY 5,187 million against JPY 3,218 million a year ago. Income before income taxes was JPY 24,361 million against JPY 17,811 million a year ago. Net income was JPY 24,312 million or JPY 115.19 per basic share against JPY 15,368 million or JPY 71.75 per basic share a year ago. Capital expenditures were JPY 10,002 million against JPY 8.521 million a year ago.

For third quarter, on consolidated basis, the company reported net sales of JPY 192,190 million against JPY 148,672 million a year ago. Operating income was JPY 20,074 million against JPY 11,171 million a year ago. Income before income taxes was JPY 23,059 million against JPY 12,230 million a year ago. Net income was JPY 16,276 million or JPY 77.11 per basic share against JPY 7,758 million or JPY 36.37 per basic share a year ago. Capital expenditures were JPY 13,263 million against JPY 15,568 million a year ago.

For the quarter, on parent basis, the company reported net sales of JPY 149,883 million against JPY 124,205 million a year ago. Operating income was JPY 4,668 million against operating loss of JPY 533 million a year ago. Income before income taxes was JPY 14,976 million against JPY 6,293 million a year ago. Net income was JPY 14,749 million or JPY 69.88 per basic share against JPY 4,864 million or JPY 22.80 per basic share a year ago. Capital expenditures were JPY 2,813 million against JPY 2,854 million a year ago.

For the year ending March 31, 2013, the company expects annual dividend of ¥50.00 per share. The company paid annual dividend of ¥50.00 per share for the same period a year ago.

For the year ending March 31, 2013, on consolidated basis, the company expects net income of JPY 665,000 million, operating income was JPY 50,000 million, income before income taxes was JPY 50,000 million, net income was JPY 33,000 million or JPY 156.34 per basic share.

For the second half ending March 31, 2013, on consolidated basis the company expects net income of JPY 350.3 billion, operating income was JPY 25.6 billion, income before income taxes was JPY 27.0 billion, net income was JPY 5.1 billion.