July 2006 Information Meeting Speech 1. Opening ... - Murata

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automobile market, as typified by the diffusion of hybridcars. More and more electronic components are beingused in automobiles, for functions such as automotiveLAN, RKE (Remote Keyless Entry), and TPMS (TirePressure Monitoring System). Other factors expected todrive growth in the automobile electronics market are thewidespread use of car navigation systems and ETC(Electronic Toll Collection), and the launch of DSRC(Dedicated Short Range Communication) services.(Medium-term demand growth, capital expenditureplanning and enhanced production capacity)We forecast that demand for Murata components willgrow by over 10% per year for the next two to three years,due to rising production in the electronic equipmentmarket, and our active cultivation of opportunities in newand emerging fields of the electronic equipment market.By maintaining a high level of spending on R&D—sevento eight percent of net sales—Murata has managed to6
generate as much as 37% of its net sales from newproducts.We also have a policy of making active use of intellectualproperties. The number of our patent applications ranksamong the top class within the industry, and in 2005, thenumber of patent registration in the U.S. was the highestamong Japanese component manufacturers. We placeemphasis not only on the number of patents but also onthe quality of patents.In the face of the structural change in demands in theelectronic components market, due to digitalization andincreasing functional sophistication, our new productswith advanced functions will enable us to achieve ahigher rate of growth than the market as a whole.In view of this, Murata is planning to meet this risingdemand through actively increasing its productioncapacity.7
Page 1 and 2: July 2006 Information Meeting Speec
Page 3 and 4: with sales of LCD and plasma TVs se
Page 5: The wireless telecommunication mark
Page 9 and 10: 3. Product Trends and Marketing Str
Page 11 and 12: Through these approaches, Murata ha
Page 13 and 14: In addition, Murata became the firs
Page 15 and 16: Noise suppression components are us
Page 17 and 18: sensor-related products is expected
Page 19 and 20: these products is also rising.3 Mod
Page 21: types of wireless modules. To boost
Page 24 and 25: 4. Financial Strategy (dividend, sh
Page 26: the current level. That is, aside f

July 2006 Information Meeting Speech 1. Opening ... - Murata

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