Stanley Electric FY2025 earnings up; forecasts lower profits in FY2026

Stanley Electric (TSE:6923) announced its FY2025/3 financial results, showcasing increased net sales and operating income driven by solid performance in the Americas (automotive) and Asia (motorcycles). Net sales reached JPY5,095.6 billion, up 7.9% year-over-year, with operating income climbing 36.7% to JPY490.0 billion. The company also unveiled its FY2026/3 forecast, anticipating a slight decrease in both net sales and operating income due to the impact of tariffs, particularly in North America, and foreign exchange fluctuations. The forecast projects net sales of JPY4,800.0 billion and operating income of JPY412.0 billion. Despite these challenges, Stanley Electric is focused on strategic investments and initiatives to enhance corporate value, including expanding its presence in automotive lamp systems through a joint venture, leveraging its global market share in motorcycles, and advancing carbon-neutral technologies. The company also announced a shareholder returns policy with an increased dividend payout ratio of 40% and plans to purchase treasury stock.