Murata Manufacturing to Replace Deloitte With KPMG as External Auditor After Six-Decade Tenure

Murata Manufacturing Co ( (JP:6981) ) has issued an update.

Murata Manufacturing will change its certified public accountant, with KPMG AZSA LLC set to become its new external auditor following shareholder approval at the 90th Ordinary General Meeting scheduled for June 2026. The Audit and Supervisory Committee cited the long tenure of current auditor Deloitte Touche Tohmatsu LLC, in place since 1968, and the desire for a fresh audit perspective, while confirming KPMG’s independence, expertise and global audit capabilities and noting no disputes or adverse opinions with the outgoing auditor.

The move reflects a governance-driven refresh of Murata’s audit framework after nearly six decades with the same firm, aligning with broader expectations for auditor rotation and enhanced oversight in Japan’s capital markets. The outgoing auditor has raised no objections to the change, and the committee deems the transition appropriate, suggesting minimal disruption to financial reporting while potentially strengthening investor confidence in the company’s audit quality and oversight structure.

The most recent analyst rating on (JP:6981) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Murata Manufacturing Co stock, see the JP:6981 Stock Forecast page.

More about Murata Manufacturing Co

Murata Manufacturing Co., Ltd. is a Japan-based electronics components maker listed on the Tokyo Stock Exchange Prime Market. The company focuses on developing and supplying electronic components and modules used in a wide range of applications across global markets, positioning it as a key player in the electronics and technology supply chain.

Average Trading Volume: 8,837,160

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen6470.1B

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