Stanley Electric Co.,Ltd. (6923) Stock Price

Stanley Electric operates three main business segments. First, in the automotive equipment business, the company manufactures and sells automotive lighting products. This segment operates in Japan, the Americas, Asia-Pacific, China, and other regions, with manufacturing and sales bases in each area.

Second, the components business handles electronic device products. This business also operates in Japan, the Americas, Asia-Pacific, China, and other regions, with manufacturing and sales bases established in each area. Electronic device products are essential components used in various electronic equipment.

Third, the electronic applied products business manufactures and sells electronic applied products. This business also operates in Japan, the Americas, Asia-Pacific, China, and other regions. Electronic applied products are used across various industries, leveraging Stanley Electric's technological capabilities.

Through these businesses, Stanley Electric pursues market expansion both domestically and internationally. The company advances global business operations by utilizing manufacturing and sales bases in each region. Additionally, through a holding company structure, the company supports business operations in each region.

Stanley Electric launched a new medium-term management plan starting in fiscal year 2023. This plan is guided by the principle "Realizing Safety and Peace of Mind, Contributing to Society ~ Turning Dreams into Reality with the Power of Light ~" and incorporates a backcasting perspective that considers the external environment through 2030.

The plan is built on three major themes. First, "Manufacturing based on TADAS philosophy." This aims to provide "affordable quality products" by utilizing all functions without waste and delivering value at an accessible price.

Second, "Market expansion through proprietary lighting technology." Stanley Electric will differentiate itself from competitors by leveraging its proprietary technologies, including automotive lamp systems that improve driving safety in adverse weather conditions and products using invisible light, to develop new markets.

Third, "Swift challenges through One Stanley." The company aims to unite employees worldwide to deliver value quickly and efficiently, thereby strengthening global competitiveness.

Stanley Electric targets revenue of 590 billion yen, an operating profit margin of 10.5%, and ROE of 8% for the fiscal year ending March 2026. The company is pursuing growth in automotive equipment operations, rationalization through production innovation, and balance sheet management with emphasis on capital efficiency.