Dream Residential REIT Reports Q2 2025 Financial Results
HIGHLIGHTS
Comparative properties net operating income ('comparative properties NOI') 1 was $6.4 million in Q2 2025, a 1.1% increase from Q2 2024. Net rental income was $8.2 million in Q2 2025 or $0.2 million higher than the prior year comparative quarter mainly due to an increase in investment properties revenue.
Diluted funds from operations ('FFO') per Unit 2 was $0.18 for Q2 2025, consistent with Q2 2024, comprising a slight increase in comparative properties NOI, offset by a decrease in interest and other income and an increase in interest expense on debt.
Portfolio occupancy increased to 95.2% as at June 30, 2025, from 93.3% at the end of Q1 2025, with the Greater Oklahoma City region at 94.8%, Greater Dallas–Fort Worth region at 94.8% and Greater Cincinnati region at 96.3%. During the quarter, we completed renovations on six units in the Greater Cincinnati region.
Average monthly rent at June 30, 2025 was $1,186 per unit compared to $1,182 per unit at March 31, 2025.
Maintaining conservative balance sheet and financial flexibility. Net total debt-to-net total assets 3 was 33.1% as at June 30, 2025, compared to 33.0% as at December 31, 2024. Total mortgages payable were $124.4 million, consisting of nine fixed rate mortgages with a weighted average contractual interest rate of 4.0%. Total amounts outstanding on the revolving credit facility were $16.0 million. Total assets (per condensed consolidated financial statements) were $410.2 million as at June 30, 2025. Total assets comprised primarily $399.1 million of investment properties and $6.7 million of cash and cash equivalents.
Strategic Review. The REIT's strategic review process (the 'Strategic Review') to identify, evaluate and pursue a range of strategic alternatives with the goal of maximizing unitholder value remains ongoing.
_______________________________________________
1 Comparative properties NOI is a non-GAAP financial measure. The tables included in the Appendices section of this press release reconcile comparative properties NOI to net rental income for the three and six months ended June 30, 2025 and June 30, 2024. For further information on this non-GAAP financial measure, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
2 Diluted FFO per Unit is a non-GAAP ratio. Diluted FFO per Unit comprises FFO (a non-GAAP financial measure) divided by the weighted average number of Units. For further information on this non-GAAP ratio, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
3 Net total debt-to-net total assets is a non-GAAP ratio. For further information on this non-GAAP ratio, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
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Dream Residential REIT has not established a definitive timeline to complete the Strategic Review process nor any transaction and no decisions have been reached at this time. As such, the process is subject to unknown variables, including the costs, structure, terms, timing and outcome. There can be no assurance that the Strategic Review will result in any transaction or initiative or, if a transaction or initiative is undertaken, the terms or timing of such a transaction or initiative and its impact on the financial condition, liquidity, and results of operations of the REIT. The REIT does not intend to disclose further developments in connection with the Strategic Review until it is determined that disclosure is necessary, appropriate or required.
'The REIT delivered solid operational and financial performance in Q2 2025,' said Brian Pauls, Chief Executive Officer of Dream Residential REIT. 'Dream Residential REIT continued to make incremental gains by growing rents and net operating income. We are encouraged by the REIT's performance through the first half of 2025 and will continue to operate the portfolio with a focus on prudent capital allocation, operational efficiency and maintaining a conservative balance sheet.'
Q2 2025 net income for the three months ended June 30, 2025 was $0.8 million, which comprises net rental income of $8.2 million, fair value adjustments to investment properties of $(1.2) million and fair value adjustments to financial instruments of $(2.3) million, primarily from the revaluation of Class B units of DRR Holdings LLC, a subsidiary of the REIT ('Class B Units' – together with the units of the REIT ('Trust Units', 'Units')). Other income and expenses totalled $(3.9) million.
Total equity (per condensed consolidated financial statements) was $230.1 million as at June 30, 2025, compared to $240.5 million as at December 31, 2024, driven by the year-to-date net loss and distributions paid and payable.
Net asset value ('NAV') 4 per Unit was $13.44 as at June 30, 2025, compared to $13.39 as at December 31, 2024.
The REIT declared distributions totalling $0.105 per Unit during Q2 2025.
FINANCIAL HIGHLIGHTS
_______________________________________________
4 NAV per Unit is a non-GAAP ratio. NAV per Unit comprises total equity (including Class B Units) (a non-GAAP financial measure) divided by the number of Units. For further information on this non-GAAP ratio, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
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Net income for Q2 2025 was $0.8 million compared to $3.3 million in Q2 2024 and comprises fair value adjustments to investment properties of $(1.2) million and fair value adjustments to financial instruments of $(2.3) million. FFO for Q2 2025 and the prior year comparative quarter was consistent year-over-year at $3.5 million. Q2 2025 diluted FFO per Unit was $0.18, consistent with the prior year comparative quarter.
Net rental income for Q2 2025 was $8.2 million and compares to $8.0 million in the comparative quarter. The increase in net rental income from the comparative quarter was largely driven by an increase in investment properties revenue. Comparative properties NOI for Q2 2025 was $6.4 million and consistent with the comparative quarter. Comparative properties NOI margin for Q2 2024 was 51.9%, compared to 52.6% in the comparative quarter. Q2 2025 comparative properties NOI includes comparative investment properties revenue of $12.4 million, which increased by $0.3 million from the comparative quarter. The increase was driven by positive blended lease trade-outs and rental premiums from our value-add program. Investment properties operating expenses were $6.0 million for Q2 2025, and $5.7 million for the comparative quarter when excluding the impact of IFRIC 21, 'Levies' ('IFRIC 21'), as a result of increased property taxes and utilities, generally offset by lower property insurance expenses.
ORGANIC GROWTH
Weighted average monthly rent as at June 30, 2025 was $1,186 per unit, compared to $1,182 per unit at March 31, 2025. Rental rates increased 1.3% in the Greater Cincinnati region, remained consistent in the Greater Oklahoma City region and decreased 0.4% in the Greater Dallas–Fort Worth region since March 31, 2025.
During Q2 2025, blended lease trade-outs averaged 1.5% compared to 0.4% in Q1 2025. This comprises an average increase on renewals of approximately 3.7% (March 31, 2025 – increase of 4.0%) and an average decrease on new leases of approximately 1.3% (March 31, 2025 – decrease of 4.3%). As at June 30, 2025, estimated market rents were $1,235 per unit, or an average gain-to-lease for the portfolio of 4.1%. The retention rate for the quarter ended June 30, 2025 was 57.4% compared to 57.5% for the three months ended March 31, 2025.
Value-add initiatives
During Q2 2025, renovations were completed on six suites in the Greater Cincinnati region, with an additional five suites under renovation as at June 30, 2025. For the three months ended June 30, 2025, the average new lease trade-out on renovated suites was $90 per unit higher than expiring leases, or a lease trade-out of 7.3%.
'Occupancy has improved by 190 basis points since Q1 2025, driven by our emphasis on tenant retention and ongoing leasing efforts,' said Scott Schoeman, Chief Operating Officer of Dream Residential REIT. 'We are pleased with the REIT's leasing momentum with blended lease trade-out accelerating from Q1 2025.'
As at June 30, 2025, net total debt-to-net total assets (4) was 33.1%, total debt was $140.4 million and total assets were $410.2 million. The REIT ended Q2 2025 with total available liquidity (6) of approximately $60.7 million, comprising $6.7 million of cash and cash equivalents and $54.0 million available on its undrawn revolving credit facility.
Total equity of $230.1 million decreased from December 31, 2024 by $10.4 million, primarily due to the year-to-date net loss and distributions paid and payable. As at June 30, 2025, there were approximately 16.0 million Trust Units and 3.7 million Class B Units.
NAV per Unit as at June 30, 2025 was $13.44 compared to $13.39 as at December 31, 2024.
OTHER INFORMATION
Information appearing in this press release is a select summary of financial results. The condensed consolidated financial statements and management's discussion and analysis for the REIT will be available at www.dreamresidentialreit.ca and under the REIT's profile on www.sedarplus.com.
Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.
Non-GAAP financial measures, ratios and supplementary financial measures
The REIT's condensed consolidated financial statements are prepared in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board ('IFRS Accounting Standards'). In this press release, as a complement to results provided in accordance with IFRS, the REIT discloses and discusses certain non-GAAP financial measures and ratios, including FFO, diluted FFO per Unit, comparative properties NOI, comparative investment properties revenue, NOI, comparative properties NOI margin, net total debt-to-net total assets ratio, net total debt, net total assets, adjusted earnings before interest, taxes, depreciation, amortization and fair value adjustments ('Adjusted EBITDAFV'), trailing 12-month adjusted EBITDAFV, trailing 12-month interest expense on debt, interest coverage ratio (times), available liquidity, total equity (including Class B Units) and NAV per Unit as well as other measures discussed elsewhere in this press release. These non-GAAP financial measures and ratios are not defined by or recognized under IFRS Accounting Standards and do not have a standardized meaning under IFRS Accounting Standards. The REIT's method of calculating these non-GAAP financial measures and ratios may differ from other issuers and may not be comparable with similar measures presented by other issuers. The REIT has presented such non-GAAP financial measures and ratios as management believes they are relevant measures of the REIT's underlying operating and financial performance. Certain additional disclosures such as the composition, usefulness and changes, as applicable, of the non-GAAP financial measures and ratios included in this press release are expressly incorporated by reference from Management's Discussion and Analysis of the financial condition and results of operations of the REIT as at and for the three and six months ended June 30, 2025, dated August 6, 2025 (the 'Q2 2025 MD&A') and can be found under the section 'Non-GAAP Financial Measures and Ratios' and respective sub-headings labelled 'FFO and diluted FFO per Unit', 'NAV per Unit', 'Comparative properties NOI and comparative properties NOI margin', 'Adjusted earnings before interest, taxes, depreciation, amortization and fair value adjustments (Adjusted EBITDAFV)', 'Trailing 12-month adjusted EBITDAFV', 'Trailing 12-month interest expense on debt', 'Available liquidity', 'Total equity (including Class B Units)', 'Interest coverage ratio (times)' and 'Net total debt-to-net total assets'. In this press release, the REIT also discloses and discusses certain supplementary financial measures, including tenant retention ratio and weighted average number of Units. The composition of supplementary financial measures included in this press release is expressly incorporated by reference from the Q2 2025 MD&A and can be found in the section 'Supplementary Financial Measures and Other Disclosures'. The Q2 2025 MD&A is available on SEDAR+ at www.sedarplus.com under the REIT's profile and on the REIT's website at www.dreamresidentialreit.ca under the Investors section. Non-GAAP financial measures and ratios should not be considered as alternatives to net income, net rental income, investment properties revenue, cash flows generated from (utilized in) operating activities, cash and cash equivalents, total assets, non-current debt, total equity, or comparable metrics determined in accordance with IFRS Accounting Standards as indicators of the REIT's performance, liquidity, cash flow and profitability.
Forward-looking information
This press release may contain forward-looking information within the meaning of applicable securities legislation. Such information includes statements regarding future market conditions; our expectations regarding our Strategic Review process and the results thereof, including our ability to pursue strategic alternatives; that the Strategic Review will result in any transaction or initiative and our expectations regarding timing, structure, costs, terms and outcome thereof, including on the financial condition, liquidity and results of operations of the REIT; that we will continue to make incremental gains by growing rents and net operating income; our ability to operate the portfolio with a focus on prudent capital allocation, operational efficiency and maintain a conservative balance sheet; our ability to complete suites under renovation including in the Greater Cincinnati region; and our expectations regarding leasing momentum and expected results thereof. Forward-looking information generally can be identified by the use of forward-looking terminology such as 'will', 'expect', 'believe', 'plan' or 'continue', or similar expressions suggesting future outcomes or events. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Dream Residential REIT's control and could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These risks and uncertainties include, but are not limited to, risks inherent in the real estate industry; financing risks; inflation, interest and currency rate fluctuations; global and local economic and business conditions; risks associated with unexpected or ongoing geopolitical events; changes in law; tax risks; competition; environmental and climate change risks; insurance risks; cyber security; risks related to the imposition of duties, tariffs and other trade restrictions and their impacts; and uncertainties surrounding public health crises and epidemics. Our objectives and forward-looking statements are based on certain assumptions, including that the general economy remains stable; that there are no unforeseen changes in the legislative and operating framework for our business; that we will have access to adequate capital to fund our future projects and plans and that we will receive financing on acceptable terms; that inflation and interest rates will not materially increase beyond current market expectations; that future market and economic conditions will occur as expected; and that geopolitical events, including disputes between nations or the imposition of duties, tariffs, quotas, embargoes or other trade restrictions (including any retaliation to such measures), will not disrupt global economies. All forward-looking information in this press release speaks as of the date of this press release. Dream Residential REIT does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions, risks and uncertainties is contained in Dream Residential REIT's filings with securities regulators, including its latest Annual Information Form and Management's Discussion and Analysis. These filings are also available on the REIT's website at www.dreamresidentialreit.ca.
FOOTNOTES
(1)
FFO is a non-GAAP financial measure. The most directly comparable financial measure to FFO is net income. For further information on this non-GAAP measure, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release. The table included in the Appendices section of this press release reconciles FFO for the three and six months ended June 30, 2025 and June 30, 2024 to net income.
(2)
Diluted FFO per Unit is a non-GAAP ratio. Diluted FFO per Unit comprises FFO (a non-GAAP financial measure) divided by the weighted average number of Units. For further information on this non-GAAP ratio, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
(3)
A description of the determination of diluted amounts per Unit can be found in the REIT's Q2 2025 MD&A in the section 'Supplementary Financial Measures and Other Disclosures', under the heading 'Weighted average number of Units'.
(4)
Net total debt-to-net total assets is a non-GAAP ratio. Net total debt-to-net total assets comprises net total debt (a non-GAAP financial measure) divided by net total assets (a non-GAAP financial measure). The most directly comparable financial measure to net total debt is non-current debt, and the most directly comparable financial measure to net total assets is total assets. For further information on this non-GAAP ratio and these non-GAAP financial measures, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
(5)
Interest coverage ratio (times) is a non-GAAP ratio. Interest coverage ratio comprises trailing 12-month adjusted EBITDAFV (a non-GAAP financial measure) divided by trailing 12-month interest expense on debt (a non-GAAP financial measure). The most directly comparable financial measure to adjusted EBITDAFV is net income (loss). The table included in the Appendices section of this press release reconciles adjusted EBITDAFV to net income (loss) and trailing 12-month adjusted EBITDAFV and trailing 12-month interest expense on debt to adjusted EBITDAFV and interest expense on debt, respectively, for the trailing 12-month period ended June 30, 2025. For further information on this non-GAAP ratio and non-GAAP financial measure, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
(6)
Available liquidity is a non-GAAP financial measure. The most directly comparable financial measure to available liquidity is cash and cash equivalents. The table included in the Appendices section of this press release reconciles available liquidity to cash and cash equivalents as at June 30, 2025 and December 31, 2024. For further information on this non-GAAP financial measure, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
(7)
Total equity (including Class B Units) is a non-GAAP financial measure. The most directly comparable financial measure to total equity (including Class B Units) is total equity. For further information on this non-GAAP financial measure, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release. The table included in the Appendices section of this press release reconciles total equity (including Class B Units) to total equity (per the condensed consolidated financial statements) as at June 30, 2025 and December 31, 2024.
(8)
Total number of Units includes 16,004,408 Trust Units and 3,692,084 Class B Units, which are classified as a liability under IFRS Accounting Standards.
(9)
NAV per Unit is a non-GAAP ratio. NAV per Unit comprises total equity (including Class B Units) (a non-GAAP financial measure) divided by the total number of Units. For further information on this non-GAAP ratio, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
(10)
Comparative properties NOI is a non-GAAP financial measure. The most directly comparable financial measure to comparative properties NOI is net rental income. The table included in the Appendices section of this press release reconciles comparative properties NOI for the three and six months ended June 30, 2025 and June 30, 2024 to net rental income. For further information on this non-GAAP financial measure, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
(11)
Comparative properties NOI margin is a non-GAAP ratio. Comparative properties NOI margin is defined as comparative properties NOI (a non-GAAP financial measure) divided by comparative investment properties revenue, as a percentage. For further information on this non-GAAP ratio, please refer to the statements under the heading 'Non-GAAP financial measures, ratios and supplementary financial measures' in this press release.
(12)
Tenant retention ratio is defined as the number of renewed leases divided by the total number of leases signed during the period. Tenant retention ratio is a supplementary financial measure.
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Appendices
Reconciliation of FFO to net income
The table below reconciles FFO to net income for the three and six months ended June 30, 2025 and June 30, 2024:
Reconciliation of NOI and comparative properties NOI to net rental income
The table below reconciles NOI and comparative properties NOI to net rental income for the three and six months ended June 30, 2025 and June 30, 2024:
Reconciliation of adjusted EBITDAFV to net income
The table below reconciles adjusted earnings before interest, taxes, depreciation, amortization and fair value adjustments to net income for the three and six months ended June 30, 2025 and June 30, 2024:
Reconciliation of available liquidity to revolving credit facility
The table below reconciles available liquidity to cash and cash equivalents as at June 30, 2025 and December 31, 2024:
(in thousands of dollars)
As at June 30, 2025
As at December 31, 2024
Cash and cash equivalents
$
6,728
$
5,382
Revolving credit facility
54,000
55,000
Available liquidity
$
60,728
$
60,382
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Trailing 12-month adjusted EBITDAFV and trailing 12-month interest expense on debt
Trailing 12-month period ended
June 30, 2025
Adjusted EBITDAFV for the six months ended June 30, 2025
$
10,619
Add: Adjusted EBITDAFV for the year ended December 31, 2024
21,238
Less: Adjusted EBITDAFV for the six months ended June 30, 2024
(10,618)
Trailing 12-month adjusted EBITDAFV
$
21,239
Expand
Trailing 12-month period ended
June 30, 2025
Interest expense on debt for the six months ended June 30, 2025
$
3,716
Add: Interest expense for the year ended December 31, 2024
7,371
Less: Interest expense for the six months ended June 30, 2024
(3,655)
Trailing 12-month interest expense on debt
$
7,432
Expand
Interest coverage ratio (times)
For the trailing 12-month period ended
June 30, 2025
December 31, 2024
Trailing 12-month adjusted EBITDAFV
$
21,239
$
21,238
Trailing 12-month interest expense on debt
$
7,432
$
7,371
Interest coverage ratio (times)
2.9
2.9
Expand
Reconciliation of total equity (including Class B Units) and NAV per Unit to total equity
The table below reconciles total equity (including Class B Units) and NAV per Unit to total equity as at June 30, 2025 and December 31, 2024:
As at June 30, 2025
As at December 31, 2024
(in thousands of dollars, except number of Units)
Units
Amount
Units
Amount
Unitholders' equity
16,004,408
$
151,008
15,986,611
$
150,864
Retained earnings
—
79,058
—
89,625
Total equity per condensed consolidated financial statements
16,004,408
230,066
15,986,611
240,489
Add: Class B Units
3,692,084
34,706
3,692,084
23,039
Total equity (including Class B Units)
19,696,492
264,772
19,678,695
263,528
NAV per Unit
$
13.44
$
13.39
Expand
Reconciliation of net total debt to non-current debt and net total assets to total assets, and calculation of net total debt-to-net total assets
The following table reconciles net total debt to non-current debt and net total assets to total assets, and calculates net total debt-to-net total assets as at June 30, 2025 and December 31, 2024:
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Forward-looking information includes but is not limited to: LFP production, joint ventures, contracted projects, revenue generation, operational growth, licensing, government funding, the development of technology, supply chains, and plans for construction and operation of cathode production facilities; the Company's current and future business and strategies; estimated future working capital, funds available, and uses of funds, future capital expenditures and other expenses for commercial operations; industry demand; incurrence of costs; competitive conditions; general economic conditions; the intention to grow the business, operations and potential activities of the Company; the functions and intended benefits of Nano One's technology and products; the development and optimization of the Company's technology and products; prospective partnerships and the anticipated benefits of both the Company's current and prospective partnerships; the ability to attract and retain key talent; the Company's licensing and, the scalability of developed technology to meet expanded capacity; and the execution of the Company's stated plans - which are contingent on access to capital and grants. Generally, forward-looking information can be identified by the use of terminology such as 'believe', 'expect', 'anticipate', 'plan', 'intend', 'continue', 'estimate', 'may', 'will', 'should', 'ongoing', 'target', 'goal', 'potential' or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements are based on the current opinions and estimates of management as of the date such statements are made are not, and cannot be, a guarantee of future results or events. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including but not limited to: general and global economic and regulatory changes; next steps and timely execution of the Company's business plans; the development of technology, supply chains, and plans for construction and operation of cathode production facilities; successful current or future collaborations that may happen with OEM's, miners or others; the execution of the Company's plans which are contingent on capital sources; the Company's ability to achieve its stated goals; the commercialization of the Company's technology and patents via license, joint venture and independent production; anticipated global demand and projected growth for LFP batteries; and other risk factors as identified in Nano One's MD&A and its Annual Information Form dated March 25, 2025, both for the year ended December 31, 2024, and in recent securities filings for the Company which are available at Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. The Company does not undertake any obligation to update any forward-looking statements or forward-looking information that is incorporated by reference herein, except as required by applicable securities laws. Investors should not place undue reliance on forward-looking statements. SOURCE: Nano One Materials Corp.
Business Wire
2 hours ago
- Business Wire
‘Beyond Discrete – Sensing the Future' Murata showcases Next-Gen Technologies Driving a Smarter and Greener Future at electronica India 2025
BUSINESS WIRE)--Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) will showcase its latest innovations at electronica India 2025, being held from at the Bangalore International Exhibition Centre (BIEC). Located at Booth H3E01, right at the entrance of Hall 3, Murata's exhibit will spotlight innovations aligned with this year's main theme – 'Powerplay in Electronics'. This year, Murata will present its innovations under the theme 'Beyond Discrete – Sensing the Future,' highlighting its transformation beyond traditional component manufacturing to a provider of intelligent, integrated solutions. The exhibition will highlight Murata's strengths in sensing, connectivity, and power technologies, and how these capabilities are enabling smarter, more sustainable systems across key sectors such as mobility, digital infrastructure, and environmental applications. The booth will feature three immersive experience zones: Data Centre, Mobility, and Sensing Solutions. Data Centre Zone: Powering Scalable and Sustainable Infrastructure In this zone, Murata will feature a range of high-efficiency power modules and advanced RF switch technologies from pSemi, its semiconductor subsidiary. These solutions are engineered to meet the growing demands of modern digital infrastructure, offering compact, reliable, and sustainable performance to support the expansion of data centres in the AI and 5G era. Mobility Zone: Accelerating the Shift to Smart Transportation Murata's Mobility Zone will present advanced technologies driving the future of intelligent transportation. This includes Vehicle-to-Everything (V2X) communication modules to support real-time data exchange, and MEMS sensors for structural monitoring and in-vehicle applications. Visitors will also see 3-row CPD radar systems, underscoring Murata's commitment to safer, autonomous, and connected mobility. Sensing Solutions Zone: Building Smarter, Sustainable Ecosystems The Sensing Solutions Zone will showcase how Murata's sensing and communication technologies enable smarter environments - from industrial and urban infrastructure to agriculture and healthcare. Highlights include AI-powered video analytics, LoRa-based sensing solutions for agriculture and environmental monitoring, and battery life cycle optimization technologies. The zone also features collaborative solutions developed with global partners such as Toshiba and Renesas, including edge AI voice detection modules, SMD PIR sensors, and compact integrated micro-modules - all designed to bring intelligence, efficiency, and sustainability to real-world applications. Beyond Discrete – Sensing the Future Murata's participation at electronica India 2025 goes beyond a conventional exhibition. It reflects the company's commitment to transforming passive components into active enablers of intelligent systems. Through live demos and real-world cases, Murata will demonstrate how its sensing and communication technologies empower a future where the physical and digital worlds are seamlessly integrated. Join us at electronica India 2025 Visit Murata at Booth H3E01, Hall 3 at electronica India 2025 to witness how Murata is redefining what's possible through innovation, intelligence, and integration. From sustainable mobility to smart infrastructure and beyond, Murata continues to lead the way in delivering solutions that go far 'Beyond Discrete' - toward a more connected and intelligent future. About Murata 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. Murata India plays a strategic role in the company's global operations, supporting customers across the country with advanced engineering capabilities, local application support, and deep industry partnerships. Through its presence in key Indian technology hubs, Murata India is driving forward the company's commitment to enabling innovation and sustainable growth in one of the world's most dynamic markets.
