Stanley Electric Co., Ltd. Provides Consolidated Earnings Forecasts for the Fiscal Year Ending March 31, 2024
March 06, 2024 at 07:30 pm EST
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Stanley Electric Co., Ltd. provided consolidated earnings forecasts for the fiscal year ending March 31, 2024. For the year, the company expects net sales of ¥464,000 million, operating income of ¥35,000 million, net income attributable to owners of parent of ¥25,500 million or ¥155.95 income per share.
Stanley Electric Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive equipment products, component products and electronic applied products. The Company operates through three segments. The Automotive Equipment segment mainly manufactures automotive lighting products, which are sold to automobile manufacturers. The Components segment mainly manufactures electronic device products that are sold to manufacturers related to electrical machinery and automobiles. The Electronic Applied Products segment mainly manufactures electronic applied products such as units and modules that meet the specifications of customers, such as liquid crystal backlights, and operation panels that are sold mainly to electrical equipment, automobiles, and automobile-related manufacturers. In addition, the Company is also engaged in business activities such as promotion of employment of people with physical disabilities and financial and management services for groups.
STANLEY ELECTRIC CO., LTD. 
