Stanley Electric Co., Ltd.
6923・Prime Market・Electric Appliances
Automotive Equipment Business
Stanley Electric's core segment, manufacturing and selling automotive and motorcycle lighting products on a global scale.
| Period | Current | Previous | Change |
|---|---|---|---|
| Segment Net Sales | ¥447,139 million (FY2026, ending March 2026) | ¥440,130 million (FY2025, ended March 2025) | ↑ |
| Segment Operating Income | ¥44,937 million (FY2026, ending March 2026) | ¥46,966 million (FY2025, ended March 2025) | ↓ |
| Segment Assets | ¥316,345 million (FY2026, ending March 2026) | ¥285,570 million (FY2025, ended March 2025) | ↑ |
| Depreciation and Amortization | ¥26,858 million (FY2026, ending March 2026) | ¥28,069 million (FY2025, ended March 2025) | ↓ |
| Increase in Tangible and Intangible Fixed Assets | ¥32,004 million (FY2026, ending March 2026) | ¥29,522 million (FY2025, ended March 2025) | ↑ |
Business Details
This segment manufactures and sells lighting products such as Automotive Lamps and Motorcycle Lamps, with automobile and motorcycle manufacturers as its primary customers. It maintains a global production and sales structure spanning five regions—Japan, the Americas, Asia, China, and Europe—and constitutes the core business, accounting for approximately 86% of consolidated net sales (FY2026, ending March 2026). While sales scale expanded due to the full-year contribution of Stanley-Angstrom Electric da Amazonia Ltda., the difficult business environment in China and Asia and quality-issue-related expenses put pressure on profitability.
Recent Overview
Net sales increased 1.6% year on year to ¥447,139 million, while operating income declined 4.3% year on year to ¥44,937 million.
In the Automotive Equipment Business for FY2026 (ending March 2026), the full-year contribution of Stanley-Angstrom Electric da Amazonia Ltda. and rationalization effects from production innovation had a positive impact. On the other hand, the difficult business environment in China and Asia, U.S. tariffs and semiconductor shortages, and quality-issue-related expenses put pressure on profitability, resulting in operating income of ¥44,937 million (down 4.3% year on year). Global automobile production volume increased slightly, and global motorcycle production volume increased overall. In addition, an impairment loss of ¥1,760 million was recorded during the period.
Key Products
Growth Drivers
- Expansion of sales scale due to the full-year contribution of Stanley-Angstrom Electric da Amazonia Ltda. (full-year contribution in FY2026, ending March 2026)
- Rationalization effects from production innovation activities (continuing to contribute to cost reduction and operating income improvement)
- Expanding demand backed by the global increase in motorcycle production volume for Motorcycle Lamps
- A slight upward trend in automobile production volume in the Americas, Asia, and China
- Strengthened capability to support customers' overseas expansion through the global five-region structure
Risks
- Continued sluggish sales of Japanese vehicles and a difficult market environment in China and Asia
- Impact on profitability and uncertainty due to U.S. trade policy (tariff increases)
- Impact on production and sales due to semiconductor shortages
- Risk of expenses arising from quality issues (fluctuations in estimates for product warranty provisions)
- Foreign exchange risk (decrease in yen-converted amounts of overseas sales when the yen appreciates)
- Risk of impairment of fixed assets (an impairment loss of ¥1,760 million was recorded in the Automotive Equipment Business in FY2026, ending March 2026)
Last updated: June 24, 2026