A new party took over the reins of government at the end of last year. I hope they can turn around the so-called "six major torments" affecting the business environment and return us to a state of competitiveness. Murata Manufacturing intends to increase overseas production rates in order to cope with the super-appreciation of the yen and competition from within the industry.
We have been very active in the field of M&A over the course of the past few years. I hope that everybody involved in the MEMS sensors at Finland’s VTI (currently Murata Electronics Oy) , the PA project at Renaissance Electronics, and RFM of America, etc., will work even harder to establish firm business results.
One of the stances that we need to aim for is "true globalization." We hope to firmly grasp overseas business opportunities and make decisions based on a global viewpoint and our vision for the future, and increase the number of talented staff who can play active roles in overseas branches. I sincerely hope that 2013 will be the year in which everybody can work hard on polishing and developing their own skills so that we are able to work together with our wonderful colleagues overseas.
About Murata Manufacturing
Murata Manufacturing Co., Ltd., an integrated electronic component manufacturer, develops and commercializes a wide array of ceramic-based electronic components since its foundation in 1944. Murata believes that "New quality electronic equipment begins with new quality components and new quality components begin with new quality materials." Guided by this principle, Murata expands its business based on material technologies. Then, Murata as an "Innovator in Electronics" supports the infrastructure of our electronics society by developing unique products.
Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. For more information, visit Murata's website at www.murata.com