ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Producer Manufacturing

Stanley Electric Co., Ltd.

Business Summary

Stanley Electric Co., Ltd. engages in the manufacture and sale of automotive equipment, semiconductors, and electronic equipment. It operates through the following segments: Automotive Equipment, Electronic Components, Applied Electronic Products, and Others. The Automotive Equipment segment manufactures automotive lighting products for automobile companies. The Electronic Components segment produces electronic devices for electric and automobile components suppliers. The Applied Electronic Products segment manufactures customized units and modules such as backlight units for liquid crystal displays, flash units, and operation panels. The Others segment provides employment promotions for persons with disabilities; financial management to the group companies; and development, manufacture and sale of mold designs. The company was founded by Takaharu Kitano on December 29, 1920 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2019 JPYUSD
Revenue434,124M3,914.74M
Gross Profit99,554M897.73M
Operating income53,928M486.29M
Income before tax59,716M538.49M
Net income40,265M363.09M
EBITDA87,393M788.07M
Diluted EPS245.532.21
Dividends Per Share500.45
Total Assets509,564M4,603.73M
Total liabilities100,603M908.91M
Total equity369,808M3,341.08M
Operating cash flow61,102M550.99M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 359,840M 404,148M 388,560M 442,165M 434,124M
Gross Profit 76,536M 77,908M 84,083M 98,430M 99,554M
Operating income 38,054M 36,774M 42,307M 53,170M 53,928M
Income before tax 39,747M 38,804M 43,944M 53,585M 59,716M
Net income 25,198M 25,537M 28,686M 36,009M 40,265M
EBITDA 63,235M 65,293M 74,263M 87,151M 87,393M
Diluted EPS 149.67 152.80 172.54 217.89 245.53
Dividends Per Share 32 34 36 45 50
Total Assets 452,295M 435,622M 460,714M 494,491M 509,564M
Total liabilities 120,121M 113,991M 112,470M 115,780M 100,603M
Total equity 301,800M 293,190M 317,190M 343,353M 369,808M
Operating cash flow 44,439M 54,044M 64,937M 82,357M 61,102M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 3,275.54M 3,365.53M 3,588.22M 3,989.49M 3,914.74M
Gross Profit 696.69M 648.77M 776.47M 888.09M 897.73M
Operating income 346.39M 306.23M 390.69M 479.73M 486.29M
Income before tax 361.80M 323.13M 405.80M 483.47M 538.49M
Net income 229.37M 212.65M 264.90M 324.89M 363.09M
EBITDA 575.61M 543.72M 685.79M 786.33M 788.07M
Diluted EPS 1.36 1.27 1.59 1.96 2.21
Dividends Per Share 0.29 0.28 0.33 0.40 0.45
Total Assets 3,771.48M 3,875.81M 4,134.55M 4,649.65M 4,603.73M
Total liabilities 1,001.63M 1,014.19M 1,009.33M 1,088.66M 908.91M
Total equity 2,516.57M 2,608.56M 2,846.54M 3,228.51M 3,341.08M
Operating cash flow 404.51M 450.05M 599.67M 743.07M 550.99M

Valuation Measures

Mar 2019
PER12.10
ROA8.02%
ROE11.29%
Operating margin12.42%
Profit margin9.27%

Key executives

  • President & Representative Director: Takanori Kitano
  • MD, Head-Technology, Research & Development: Toru Tanabe
  • Director & Manager-Advanced Technology: Kaizumi Yasuaki
  • Senior MD, Head-Compliance, Logistics & Purchasing: Yutaka Hiratsuka
  • Director, Head-Specific Consumer & China Business: Mitsuhiro Yoneya

Shareholders

  • Stanley Electric Co., Ltd. (6.8%)
  • T. Rowe Price International Ltd. (5.3%)
  • Honda Motor Co., Ltd. (5.2%)
  • Sumitomo Mitsui Financial Group, Inc. (4.6%)
  • Nippon Life Insurance Co. (3.9%)
  • Bank of Tokyo Mitsubishi UFJ Pension Fund (3.1%)
  • Nomura Asset Management Co., Ltd. (2.8%)
  • T. Rowe Price Associates, Inc. (Investment Management) (2.7%)
  • The Vanguard Group, Inc. (2.2%)
  • MS&AD Insurance Group Holdings, Inc. (1.5%)

Contact Details

Related Companies

  • Stanley Electric Restricted Stock Compensation Plan
  • Stanley Glass Co. Ltd.
  • Tianjin Stanley Electric Technology Co. Ltd.
  • Stanley Electric Mexico SA de CV
  • Stanley Electric do Brasil Ltda.
  • Chongging Hua-Yu Stanley Electric Co. Ltd.
  • Stanley Pal Co., Ltd.
  • Stanley Electric Sales of India Pvt Ltd.
  • Stanley Electric (China) Investment Co., Ltd.
  • Suzhou Stanley LED Lighting Technology Co., Ltd.
  • Shanghai Stanley Electric Co., Ltd.
  • Chongqing Hua-Yu Stanley Lighting Co. Ltd.
  • Guangzhou Stanley Electric Co. Ltd.
  • Suzhou Stanley Electric Co. Ltd.
  • Stanley Electric Holding Asia-Pacific Pte. Ltd.
  • Tianjin Stanley Electric Co. Ltd.
  • Stanley Electric Hungary Fenytechnikai KFT.
  • Stanley Electric Engineering India Pvt Ltd.
  • Asian Stanley International Co. Ltd.
  • Stanley INA Works Ltd.
  • Stanley Shiga Works Co. Ltd.
  • Stanley Tsuruoka WorksLtd
  • Stanley Electric Asia Pacific Ltd.
  • Stanley Electric (U.K.) Co. Ltd.
  • Stanley Miyagi Works Co. Ltd.
  • Stanley Electric Holding Europe Co., Ltd.
  • Stanley Idess SAS
  • Stanley Iwaki Works Co. Ltd.
  • Stanley Niigata Works Co., Ltd.
  • Stanley Electric GmbH

Competitors

  • Ledtech Electronics Corp.
Last Updated on 11 Oct, 2019

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media