Norio Nakajima

Norio Nakajima leads Murata Manufacturing as President, overseeing the world's dominant producer of multi-layer ceramic capacitors (MLCCs) — small but essential electronic components that store and regulate electrical charge in virtually every electronic device. A single smartphone contains over 1,000 MLCCs, a modern car uses 10,000-15,000, and that number is rising with electrification and ADAS. Murata holds over 35% of the global MLCC market — a position built on decades of ceramics technology expertise and manufacturing precision. Beyond MLCCs, Murata produces a broad portfolio of passive electronic components: inductors, filters, sensors (MEMS), connectivity modules (Wi-Fi, Bluetooth, NFC), power supplies, and piezoelectric devices. The company's products are designed into products from Apple, Samsung, automotive manufacturers, industrial equipment makers, and telecommunications companies worldwide. Murata benefits from several structural growth drivers: increasing electronic content per device (more capacitors per smartphone, car, and server), the proliferation of IoT devices, 5G infrastructure deployment, automotive electrification, and AI server build-out. Key stock drivers include smartphone production volumes (Apple is a significant customer), automotive production and electrification pace, industrial demand, inventory cycle dynamics, pricing trends, yen exchange rate, and the overall global electronics cycle.