Stanley Electric Co., Ltd. Revises the Forecasts for Year-End Dividend
January 31, 2024 at 01:30 am EST
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Stanley Electric Co., Ltd. revised the forecasts for year-end dividend. For the period, the company expected year-end dividend from JPY 27 to JPY 28. Therefore, the company plans to set the annual dividend per share, including the second quarter-end dividend, at JPY 55 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. 
