Murata Manufacturing Considers Large-Scale M&A to Fuel Growth
TOKYO, Japan (Reuters) - Murata Manufacturing, a leading supplier of smartphone components, is exploring mergers and acquisitions (M&A) transactions exceeding 100 billion yen ($665 million) to accelerate its business expansion.
CEO Norio Nakajima revealed the company's strategic focus on acquiring stakes in areas such as inductors and sensors. Murata is actively pursuing both domestic and international targets as it seeks to strengthen its market position and venture into new territories.
"We are adopting a comprehensive approach," Nakajima stated in an interview at Murata's Kyoto headquarters.