Stanley Electric Co., Ltd. TSE:6923
Stanley Electric : FY2025/3 Financial Results
Source: MarketScreener
May 16th, 2025
※ This document includes pages 3 and 7 added from the Financial Results dated April 24, 2025.
Note : This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
STANLEY ELECTRIC CO., LTD. STANLEY GROUP VISION Out shining L ight
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Key points of financial results for FY2025/3
Both net sales and operating income increased year on year. Net sales reached a record high.
Net sales
509.56 billion yen
〔Compared to FY2024/3:+7.9%〕 (Compared to plan:+1.9%)
Operating income
49.00 billion yen
〔Compared to FY2024/3:+36.7%〕 (Compared to plan:-2.0%)
Both net sales and operating income increased year on year thanks to solid performance in the Americas and Asia
(motorcycles) as well as the positive impact of the addition of THS* in the scope of consolidation.
Despite the challenging environment, including lackluster sales of Japanese automobiles (four-wheeled vehicles) in
China and Asia, the impact was minimized through structural improvements achieved via rationalization efforts.
Key Points
*Thai Stanley Electric Public Co., Ltd., which had been an equity-method affiliate, was made a consolidated subsidiary in April 2024.
© STAN LEY ELEC TR IC C O ., LTD. 1
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FY2025/3 Consolidated results summary
undred million yen） ounts less than shown are rounded down Net sales | FY2024/3 Results 4,723.9 | FY2025/3 Results | Compared to FY2024/3 | FY2025/3 Plan on 2024/4/26 | Compared to plan | ||
Amount increase or decrease | Percent increase or decrease | Amount | Percent | ||||
5,095.6 | 371.7 | 7.9% | 5,000.0 | 95.6 | 1.9% | ||
Operating income | 358.3 | 490.0 | 131.7 | 36.7% | 500.0 | -9.9 | -2.0% |
Operating income to net sales ratio | 7.6% | 9.6% | 2.0pt | - | 10.0% | -0.4pt | - |
Ordinary income | 480.6 | 554.5 | 73.9 | 15.4% | 562.0 | -7.4 | -1.3% |
Net income attributable to owners of parent | 264.9 | 320.5 | 55.6 | 21.0% | 311.0 | 9.5 | 3.1% |
Net income per share (yen) | 162.41 | 205.73 | 43.32 | 26.7% | 193.91 | 11.82 | 6.1% |
Exchange rate (yen) USD | 145.31 | 152.48 | 7.17 | 4.9% | 140.00 | 12.48 | 8.9% |
（H Am
Impact of foreign exchange fluctuations
Net sales
Up by some 10.0bn yen
Investments
FY2024/3
Results
Capital investments
34.45bn yenFY2025/3
Results
53.52bn yenOperating income
investments
Up by some 1.1bn yen Of which strategic
14.94bn yenOf which strategic investments
22.23bn yenDepreciation
37.01bn yen 43.60bn yenR&D expenses
22.50bn yen 22.77bn yen© STAN LEY ELEC TR IC C O ., LTD. 2
income growth effects
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FY2025/3 Consolidated results affecting operating income [Year-over-year basis]▍Operating income
（Hundred million yen）
Amounts less than shown are rounded down
Impact of operating income growth Total operating
（Hundred million yen）
200
274.1
+131.7
(+36.7%)
150
100
159.2
58.7
44.8
358.3
490.0
50
0
-50
-100
-35.9
11.4
One-off cost
Impact of consolidation of THS as a subsidiary
Influence other expenses
Impact of depreciation increase
Labor cost impact
Markdown sales price impact
Impact of exchange rate fluctuations
Rationalization effect "innovation-in-production
Sales impact
-72.7
-20.2 -4.5 -9.1
FY2024/3
Results
FY2025/3
Results
Impact of operating income decrease Decrease in total
142.4
operating income effects
© STAN LEY ELEC TR IC C O ., LTD. 3
（Hundred million yen） Amounts less than shown are rounded down | FY2024/3 Result | FY2025/3 Results | Compared to FY2024/3 | FY2025/3 Plan on 2024/4/26 | Compared to plan | ||||||||||||||||||||
Amount increase or decrease | Percent increase or decrease | Amount | Percent | ||||||||||||||||||||||
Net sales | Automotive Equipment Business | 3,874.7 | 4,401.3 | 526.5 | 13.6% | 4,165.0 | 236.3 | 5.7% | |||||||||||||||||
Electronic Components | 379.6 | 370.6 | -8.9 | -2.4% | 475.0 | -104.3 | -22.0% | ||||||||||||||||||
Business | |||||||||||||||||||||||||
Applied Electronic | 1,190.0 | 1,163.4 | -26.5 | -2.2% | 1,210.0 | -46.5 | -3.8% | ||||||||||||||||||
Products Business | |||||||||||||||||||||||||
Others | 29.8 | 31.3 | 1.5 | - | 25.0 | 6.3 | - | ||||||||||||||||||
Adjustment | -750.2 | -871.0 | -120.8 | - | -875.0 | 3.9 | - | ||||||||||||||||||
Total | 4,723.9 | 5,095.6 | 371.6 | 7.9% | 5,000.0 | 95.6 | 1.9% | ||||||||||||||||||
Operating income | Automotive Equipment Business Operating income to net sales ratio | 260.2 | 469.6 | 209.4 | 80.5% | 435.0 | 34.6 | 8.0% | |||||||||||||||||
6.7% | 10.7% | 4.0pt | - | 10.4% | 0.2pt | - | |||||||||||||||||||
Electronic Components Business Operating income to net sales ratio | 42.1 | 24.9 | -17.2 | -40.8% | 65.0 | -40.0 | -61.6% | ||||||||||||||||||
11.1% | 6.7% | -4.4pt | - | 13.7% | -7.0pt | - | |||||||||||||||||||
Applied Electronic Products Business Operating income to net sales ratio | 134.7 | 88.1 | -46.6 | -34.6% | 100.0 | -11.9 | -11.9% | ||||||||||||||||||
11.3% | 7.6% | -3.8pt | - | 8.3% | -0.7pt | - | |||||||||||||||||||
Others | 0.1 | 0.6 | 0.5 | - | 0.0 | 0.6 | - | ||||||||||||||||||
Adjustment | -79.0 | -93.3 | -14.3 | - | -100.0 | 6.6 | - | ||||||||||||||||||
Total | 358.3 | 490.0 | 131.6 | 36.7% | 500.0 | -9.9 | -2.0% | ||||||||||||||||||
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FY2025/3 Consolidated results by Segment
© STAN LEY ELEC TR IC C O ., LTD. 4