Stanley Electric raises full-year forecast and boosts dividends

Stanley Electric has revised its consolidated earnings forecast for the fiscal year ending March 31, 2026. The company now anticipates net sales of JPY500 bn, operating profit of JPY45 bn, ordinary profit of JPY50 bn, and profit attributable to owners of parent of JPY31.4 bn. These figures represent an upward adjustment from the previous forecast, primarily driven by foreign exchange effects, continued yen depreciation, and an easing impact from higher U.S. tariff rates.

In line with the improved outlook, Stanley Electric has also revised its dividend forecasts. The interim dividend for September 30, 2025, has been increased by JPY3 to JPY49 per share. The year-end dividend forecast has also been raised by JPY5 to JPY51 per share, resulting in a projected annual dividend of JPY100 per share, an increase of JPY28 from the previous fiscal year.

The company's first-half results for FY2026/3 showed net sales of JPY248.47 bn and operating income of JPY18.46 bn, outperforming earlier forecasts. Segment-wise, Automotive Equipment Business sales rose by 2.0% to JPY214.23 bn, while Electronic Components Business sales increased by 4.6% to JPY18.88 bn. Applied Electronic Products Business sales declined by 3.0% to JPY56.06 bn.