Income Statement Stanley Electric Co., Ltd.

Equities

6923

JP3399400005

Auto, Truck & Motorcycle Parts

Market Closed - Japan Exchange Other stock markets 02:30:00 2026-05-11 am EDT			5-day change	1st Jan Change
3,139.00 ^JPY	+0.90%		+4.90%	+1.98%

Apr. 23	Stanley Electric Co., Ltd. completed the acquisition of Iwasaki Electric Co., Ltd. from Lux Holdings, L.P., a fund managed by The Carlyle Group Inc. (NasdaqGS:CG), and others.	CI
Apr. 15	Stanley Electric Executes Loan Agreement with Financial Covenants	MT

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Published financial data: STANLEY ELECTRIC CO., LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2021	2022	2023	2024	2025
Revenues	360B	383B	438B	472B	510B
Total Revenues	360B	383B	438B	472B	510B
Cost of Goods Sold, Total	285B	312B	357B	390B	404B
Gross Profit	74.98B	70.88B	81.27B	82.89B	106B
Selling General & Admin Expenses, Total	34.04B	37.72B	40.73B	41.62B	50.66B
Provision for Bad Debts	-	-	258M	-	-
Depreciation & Amortization - (IS)	5.03B	5.41B	5.61B	5.43B	6.01B
Other Operating Expenses, Total	39.07B	43.13B	46.6B	47.06B	56.67B
Operating Income	35.9B	27.74B	34.67B	35.84B	49B
Interest Expense, Total	-97M	-90M	-181M	-176M	-419M
Interest And Investment Income	2.6B	3.26B	4.56B	7.29B	8.45B
Net Interest Expenses	2.5B	3.17B	4.38B	7.11B	8.03B
Income (Loss) On Equity Invest.	1.3B	2.09B	3.12B	3.48B	428M
Currency Exchange Gains (Loss)	-479M	1.45B	330M	1.16B	-2.09B
Other Non Operating Income (Expenses)	2.05B	2.26B	2.37B	483M	81M
EBT, Excl. Unusual Items	41.28B	36.71B	44.87B	48.06B	55.45B
Gain (Loss) On Sale Of Investments	-494M	536M	2.15B	6.22B	12.58B
Gain (Loss) On Sale Of Assets	78M	72M	74M	206M	61M
Asset Writedown	-1.48B	-1.55B	-1.94B	-8.26B	-11.08B
Legal Settlements	-248M	-	-	-	-
Other Unusual Items	-1.48B	1M	-276M	-3.21B	-3.98B
EBT, Incl. Unusual Items	37.66B	35.77B	44.89B	43.02B	53.03B
Income Tax Expense	10.38B	8.79B	10.61B	9.76B	12.67B
Earnings From Continuing Operations	27.28B	26.98B	34.28B	33.25B	40.36B
Net Income to Company	27.28B	26.98B	34.28B	33.25B	40.36B
Minority Interest	-4.37B	-5.53B	-7.78B	-6.76B	-8.3B
Net Income - (IS)	22.92B	21.44B	26.5B	26.5B	32.06B
Net Income to Common Incl Extra Items	22.92B	21.44B	26.5B	26.5B	32.06B
Net Income to Common Excl. Extra Items	22.92B	21.44B	26.5B	26.5B	32.06B
Per Share Items
Net EPS - Basic	142.39	133.75	162.32	162.41	205.73
Basic EPS - Continuing Operations	142.39	133.75	162.32	162.41	205.73
Basic Weighted Average Shares Outstanding	161M	160M	163M	163M	156M
Net EPS - Diluted	142.37	133.73	162.32	162.41	205.73
Diluted EPS - Continuing Operations	142.37	133.73	162.32	162.41	205.73
Diluted Weighted Average Shares Outstanding	161M	160M	163M	163M	156M
Normalized Basic EPS	133.17	108.6	124.14	142.71	169.14
Normalized Diluted EPS	133.16	108.58	124.14	142.71	169.14
Dividend Per Share	45	50	50	55	72
Payout Ratio	28.18	37.43	30.19	32.34	29.73
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	69.33B	64.06B	76.28B	72.88B	92.69B
EBITA	35.9B	27.74B	34.67B	35.84B	49B
EBIT	35.9B	27.74B	34.67B	35.84B	49B
Effective Tax Rate - (Ratio)	27.55	24.58	23.64	22.7	23.89
Normalized Net Income	21.44B	17.41B	20.26B	23.28B	26.36B
Non-Cash Pension Expense	904M	-2.07B	-2B	-1.57B	-1.55B
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	15.82B	18.83B	19.41B	22.5B	22.77B

Fiscal Period: March	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	138B	150B	173B	195B	220B
Short Term Investments	500M	300M	-	4B	100M
Total Cash And Short Term Investments	139B	151B	173B	199B	220B
Accounts Receivable, Total	65.15B	67.99B	69.81B	75.04B	77.31B
Total Receivables	65.15B	67.99B	69.81B	75.04B	77.31B
Inventory	34.21B	49.31B	46.23B	55.52B	55.5B
Deferred Tax Assets Current	-	-	-	-	-
Other Current Assets, Total	23.82B	31.24B	31.99B	29.41B	37.61B
Total Current Assets	262B	299B	321B	359B	390B
Net Property Plant And Equipment	188B	195B	195B	191B	236B
Long-term Investments	79.1B	79.49B	103B	145B	107B
Goodwill	772M	748M	704M	673M	5.26B
Other Intangibles, Total	9.1B	8.18B	7.36B	8.15B	4.74B
Deferred Tax Assets Long-Term	2.58B	2.77B	2.64B	4.49B	7.04B
Other Long-Term Assets, Total	1M	2M	1M	2M	2M
Total Assets	541B	585B	630B	708B	750B
Liabilities
Accounts Payable, Total	37.42B	39.25B	37.9B	40.58B	41B
Accrued Expenses, Total	4.67B	4.83B	5.43B	5.39B	6.18B
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	110M	-	-	10B	-
Current Portion of Leases	673M	802M	1.35B	1.49B	1.62B
Current Income Taxes Payable	2.57B	3.15B	3.23B	4.95B	4.54B
Deferred Tax Liability Current	-	-	-	-	-
Other Current Liabilities	29.57B	26.61B	21.94B	35.3B	37.69B
Total Current Liabilities	75.01B	74.64B	69.85B	97.71B	91.02B
Long-Term Debt	10B	10B	10B	-	40B
Long-Term Leases	1.94B	1.78B	2.82B	2.79B	2.96B
Pension & Other Post Retirement Benefits	899M	1B	2.06B	1.19B	3B
Deferred Tax Liability Non Current	7.77B	8.36B	7.82B	16.53B	13.02B
Other Non Current Liabilities	754M	643M	931M	681M	701M
Total Liabilities	96.37B	96.42B	93.48B	119B	151B
Common Stock, Total	30.51B	30.51B	30.51B	30.51B	30.51B
Additional Paid In Capital	29.88B	29.87B	29.85B	29.67B	19.1B
Retained Earnings	342B	355B	374B	387B	358B
Treasury Stock	-31.4B	-32.31B	-18.94B	-28.86B	-7.67B
Comprehensive Income and Other	28.28B	52.09B	61.53B	107B	85.58B
Total Common Equity	400B	435B	477B	525B	486B
Minority Interest	45.02B	54.02B	59.48B	64.56B	113B
Total Equity	445B	489B	536B	589B	599B
Total Liabilities And Equity	541B	585B	630B	708B	750B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	161M	160M	166M	160M	149M
ECS Total Common Shares Outstanding	161M	160M	166M	160M	149M
Book Value / Share	2.49K	2.72K	2.88K	3.27K	3.26K
Tangible Book Value	390B	426B	469B	516B	476B
Tangible Book Value Per Share	2.43K	2.66K	2.83K	3.22K	3.19K
Total Debt	12.72B	12.58B	14.17B	14.28B	44.58B
Net Debt	-126B	-138B	-159B	-184B	-175B
Debt Equivalent of Unfunded Proj. Benefit Obligation	-591M	60M	1.43B	-4.25B	-3.53B
Minority Interest, Total (Incl. Fin. Div)	45.02B	54.02B	59.48B	64.56B	113B
Inventories - Raw Materials, Total	10.42B	20.44B	19.98B	21.7B	18.15B
Inventories - Work In Process, Total	3.54B	3.15B	3.27B	7.45B	14.71B
Inventories - Finished Goods, Total	20.26B	25.73B	22.98B	26.38B	22.64B
Inventories - Others	1M	1M	1M	1M	1M
Full Time Employees	17.59K	17.02K	16.96K	16.78K	18.58K
Accumulated Allowance for Doubtful Accounts (Supple)	9M	34M	7M	17M	54M

Fiscal Period: March	2021	2022	2023	2024	2025
Net Income	37.66B	35.77B	44.89B	43.02B	53.03B
Depreciation & Amortization - CF	33.42B	36.32B	41.61B	37.04B	43.68B
Depreciation & Amortization, Total	33.42B	36.32B	41.61B	37.04B	43.68B
(Gain) Loss From Sale Of Asset	1.4B	1.48B	1.86B	8.05B	10.5B
(Gain) Loss on Sale of Investments - (CF)	503M	-536M	-2.15B	-6.22B	-3.48B
(Income) Loss On Equity Investments - (CF)	-1.3B	-2.09B	-3.12B	-3.48B	-428M
Other Operating Activities, Total	-8.82B	-7.43B	-8.93B	-11.49B	-17.33B
Change In Accounts Receivable	-9.37B	3.02B	763M	607M	7.56B
Change In Inventories	-1.08B	-11.32B	5.01B	-6.3B	3.37B
Change In Accounts Payable	3.84B	-2.78B	-3.58B	-1.23B	-5.6B
Change in Other Net Operating Assets	-9.61B	-15.54B	-80M	5.55B	-24.72B
Cash from Operations	46.64B	36.88B	76.28B	65.55B	66.58B
Capital Expenditure	-29.37B	-28.44B	-35.44B	-25.06B	-43.78B
Sale of Property, Plant, and Equipment	207M	105M	167M	138M	479M
Cash Acquisitions	-	-	-	-	2.79B
Sale (Purchase) of Intangible assets	-1.82B	-461M	-824M	-2.04B	-1.44B
Investment in Marketable and Equity Securities, Total	-10.04B	9.16B	-19.8B	-645M	-14.62B
Other Investing Activities, Total	-622M	-617M	-527M	-3.95B	-8.3B
Cash from Investing	-41.65B	-20.26B	-56.43B	-31.56B	-64.87B
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	-	-	-	-	39.81B
Total Debt Issued	-	-	-	-	39.81B
Short Term Debt Repaid, Total	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-	-	-	-10B
Total Debt Repaid	-	-	-	-	-10B
Issuance of Common Stock	-	-	19.02B	22M	18M
Repurchase of Common Stock	-4B	-2B	-10.01B	-10B	-30B
Common Dividends Paid	-6.46B	-8.03B	-8B	-8.57B	-9.53B
Common & Preferred Stock Dividends Paid	-6.46B	-8.03B	-8B	-8.57B	-9.53B
Other Financing Activities, Total	-2.56B	-3.46B	-4.83B	-7.41B	-10.26B
Cash from Financing	-13.02B	-13.48B	-3.82B	-25.96B	-19.97B
Foreign Exchange Rate Adjustments	4.25B	7.47B	2.85B	8.21B	-423M
Miscellaneous Cash Flow Adjustments	1M	-1M	-	-	-2M
Net Change in Cash	-3.78B	10.6B	18.88B	16.25B	-18.69B
Supplemental Items
Cash Interest Paid	75M	112M	171M	187M	337M
Cash Income Tax Paid (Refund)	8.53B	7.24B	9.23B	10.32B	14.25B
Levered Free Cash Flow	8.42B	-1.06B	22.08B	38.01B	21.55B
Unlevered Free Cash Flow	8.48B	-999M	22.19B	38.12B	21.81B
Change In Net Working Capital	16.19B	25.75B	4.82B	-5.78B	7.28B
Net Debt Issued / Repaid	-	-	-	-	29.81B

Fiscal Period: March	2021	2022	2023	2024	2025
Profitability
Return on Assets	4.33	3.08	3.57	3.35	4.2
Return on Total Capital	5.17	3.62	4.12	3.88	4.91
Return On Equity %	6.48	5.78	6.69	5.91	6.79
Return on Common Equity	6.04	5.14	5.81	5.29	6.34
Margin Analysis
Gross Profit Margin %	20.84	18.53	18.56	17.55	20.74
SG&A Margin	9.46	9.86	9.3	8.81	9.94
EBITDA Margin %	19.27	16.75	17.42	15.43	18.19
EBITA Margin %	9.98	7.25	7.92	7.59	9.62
EBIT Margin %	9.98	7.25	7.92	7.59	9.62
Income From Continuing Operations Margin %	7.58	7.05	7.83	7.04	7.92
Net Income Margin %	6.37	5.61	6.05	5.61	6.29
Net Avail. For Common Margin %	6.37	5.61	6.05	5.61	6.29
Normalized Net Income Margin	5.96	4.55	4.63	4.93	5.17
Levered Free Cash Flow Margin	2.34	-0.28	5.04	8.05	4.23
Unlevered Free Cash Flow Margin	2.36	-0.26	5.07	8.07	4.28
Asset Turnover
Asset Turnover	0.69	0.68	0.72	0.71	0.7
Fixed Assets Turnover	1.95	2	2.25	2.45	2.39
Receivables Turnover (Average Receivables)	6.11	5.75	6.35	6.52	6.69
Inventory Turnover (Average Inventory)	8.62	7.46	7.46	7.66	7.28
Short Term Liquidity
Current Ratio	3.49	4.01	4.6	3.67	4.29
Quick Ratio	2.72	2.93	3.48	2.8	3.26
Operating Cash Flow to Current Liabilities	0.62	0.49	1.09	0.67	0.73
Days Sales Outstanding (Average Receivables)	59.72	63.51	57.45	56.11	54.57
Days Outstanding Inventory (Average Inventory)	42.34	48.9	48.9	47.8	50.16
Average Days Payable Outstanding	43.65	42.82	39.84	36.01	36.86
Cash Conversion Cycle (Average Days)	58.41	69.6	66.51	67.91	67.87
Long Term Solvency
Total Debt/Equity	2.86	2.57	2.64	2.42	7.44
Total Debt / Total Capital	2.78	2.51	2.57	2.37	6.93
LT Debt/Equity	2.69	2.41	2.39	0.47	7.17
Long-Term Debt / Total Capital	2.61	2.35	2.33	0.46	6.68
Total Liabilities / Total Assets	17.81	16.47	14.85	16.79	20.1
EBIT / Interest Expense	370.13	308.27	191.54	203.61	116.95
EBITDA / Interest Expense	714.72	711.79	421.45	414.09	221.21
(EBITDA - Capex) / Interest Expense	411.92	395.76	225.64	271.7	116.72
Total Debt / EBITDA	0.18	0.2	0.19	0.2	0.48
Net Debt / EBITDA	-1.82	-2.16	-2.09	-2.53	-1.89
Total Debt / (EBITDA - Capex)	0.32	0.35	0.35	0.3	0.91
Net Debt / (EBITDA - Capex)	-3.15	-3.88	-3.9	-3.86	-3.58
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.15	6.35	14.44	7.9	7.87
Gross Profit, 1 Yr. Growth %	9.58	-5.47	14.66	1.99	27.49
EBITDA, 1 Yr. Growth %	22.8	-7.6	19.08	-4.46	27.18
EBITA, 1 Yr. Growth %	44.57	-22.73	24.96	3.36	36.75
EBIT, 1 Yr. Growth %	44.57	-22.73	24.96	3.36	36.75
Earnings From Cont. Operations, 1 Yr. Growth %	15.68	-1.12	27.05	-2.98	21.37
Net Income, 1 Yr. Growth %	23.55	-6.43	23.55	0	20.99
Normalized Net Income, 1 Yr. Growth %	56.06	-18.77	16.38	14.9	13.2
Diluted EPS Before Extra, 1 Yr. Growth %	24.71	-6.07	21.38	0.06	26.67
Accounts Receivable, 1 Yr. Growth %	23.94	4.37	2.67	7.5	3.03
Inventory, 1 Yr. Growth %	7.42	44.12	-6.25	20.11	-0.04
Net Property, Plant and Equip., 1 Yr. Growth %	3.04	3.83	-0	-2.08	23.46
Total Assets, 1 Yr. Growth %	9.44	8.2	7.56	12.49	5.84
Tangible Book Value, 1 Yr. Growth %	11.48	9.3	9.99	10.12	-7.77
Common Equity, 1 Yr. Growth %	11.33	8.83	9.59	10.1	-7.41
Cash From Operations, 1 Yr. Growth %	-26.21	-20.93	106.81	-14.06	1.56
Capital Expenditures, 1 Yr. Growth %	-27.15	-3.16	24.6	-29.29	74.72
Levered Free Cash Flow, 1 Yr. Growth %	-60.17	-112.53	-2.19K	72.14	-43.3
Unlevered Free Cash Flow, 1 Yr. Growth %	-60.18	-111.78	-2.32K	71.76	-42.78
Dividend Per Share, 1 Yr. Growth %	0	11.11	0	10	30.91
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.97	-1.16	10.32	11.12	7.89
Gross Profit, 2 Yr. CAGR %	-13.22	1.78	4.11	8.14	14.03
EBITDA, 2 Yr. CAGR %	-10.93	6.52	4.9	6.66	10.23
EBITA, 2 Yr. CAGR %	-18.41	5.7	-1.73	13.65	18.89
EBIT, 2 Yr. CAGR %	-18.41	5.7	-1.73	13.65	18.89
Earnings From Cont. Operations, 2 Yr. CAGR %	-23.01	6.95	12.08	11.02	8.51
Net Income, 2 Yr. CAGR %	-24.56	7.52	7.52	11.16	10
Normalized Net Income, 2 Yr. CAGR %	-18.63	12.59	-2.77	15.64	14.05
Diluted EPS Before Extra, 2 Yr. CAGR %	-23.85	8.23	6.78	10.2	12.58
Accounts Receivable, 2 Yr. CAGR %	-3.1	13.73	3.52	5.06	5.24
Inventory, 2 Yr. CAGR %	10.54	24.42	16.24	6.11	9.57
Net Property, Plant and Equip., 2 Yr. CAGR %	4.16	3.43	1.89	-1.04	9.95
Total Assets, 2 Yr. CAGR %	3.04	8.82	7.88	10	9.11
Tangible Book Value, 2 Yr. CAGR %	3.44	10.39	9.64	10.05	0.78
Common Equity, 2 Yr. CAGR %	3.95	10.07	9.21	9.85	0.97
Cash From Operations, 2 Yr. CAGR %	-12.63	-23.62	27.88	33.32	-6.57
Capital Expenditures, 2 Yr. CAGR %	-9.03	-16.01	9.85	-6.14	11.15
Levered Free Cash Flow, 2 Yr. CAGR %	-36.5	-77.66	61.91	500.15	-1.21
Unlevered Free Cash Flow, 2 Yr. CAGR %	-36.41	-78.34	61.74	517.71	-0.86
Dividend Per Share, 2 Yr. CAGR %	-5.13	5.41	5.41	4.88	20
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-6.65	-4.13	3.78	9.51	10.03
Gross Profit, 3 Yr. CAGR %	-8.67	-10.71	5.9	3.4	14.24
EBITDA, 3 Yr. CAGR %	-7.34	-9.83	10.55	1.68	13.1
EBITA, 3 Yr. CAGR %	-12.27	-19.87	11.76	-0.06	20.88
EBIT, 3 Yr. CAGR %	-12.27	-19.87	11.76	-0.06	20.88
Earnings From Cont. Operations, 3 Yr. CAGR %	-13.3	-16.31	13.27	6.82	14.37
Net Income, 3 Yr. CAGR %	-13.98	-18.94	12.62	4.96	14.34
Normalized Net Income, 3 Yr. CAGR %	-10.77	-18.67	13.84	2.8	14.82
Diluted EPS Before Extra, 3 Yr. CAGR %	-13.23	-18.34	12.45	4.49	15.44
Accounts Receivable, 3 Yr. CAGR %	-3.93	-0.67	9.92	4.83	4.38
Inventory, 3 Yr. CAGR %	6.01	20.76	13.22	17.51	4.02
Net Property, Plant and Equip., 3 Yr. CAGR %	4.06	4.05	2.28	0.55	6.53
Total Assets, 3 Yr. CAGR %	2.82	4.73	8.39	9.39	8.59
Tangible Book Value, 3 Yr. CAGR %	4.85	5.36	10.25	9.8	3.76
Common Equity, 3 Yr. CAGR %	5.19	5.56	9.91	9.51	3.76
Cash From Operations, 3 Yr. CAGR %	-17.26	-15.49	6.46	12.01	21.76
Capital Expenditures, 3 Yr. CAGR %	-3.94	-7.11	-4.21	-5.16	15.46
Levered Free Cash Flow, 3 Yr. CAGR %	-42.59	-63.03	1.45	65.25	173.33
Unlevered Free Cash Flow, 3 Yr. CAGR %	-42.49	-63.76	1.37	65.01	179.49
Dividend Per Share, 3 Yr. CAGR %	0	0	3.57	6.92	12.92
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-2.3	-0.31	-0.2	1.7	5.41
Gross Profit, 5 Yr. CAGR %	-0.76	-3.36	-3.76	-3.6	9.08
EBITDA, 5 Yr. CAGR %	1.21	-2.91	-2.63	-3.57	10.42
EBITA, 5 Yr. CAGR %	-0.48	-8.09	-8.2	-7.85	14.56
EBIT, 5 Yr. CAGR %	-0.48	-8.09	-8.2	-7.85	14.56
Earnings From Cont. Operations, 5 Yr. CAGR %	-0.82	-4.26	-3.92	-6.29	11.34
Net Income, 5 Yr. CAGR %	-2.14	-5.65	-5.95	-8.03	11.56
Normalized Net Income, 5 Yr. CAGR %	-0.27	-5.99	-7.65	-6.38	13.92
Diluted EPS Before Extra, 5 Yr. CAGR %	-1.4	-4.97	-5.72	-7.93	12.5
Accounts Receivable, 5 Yr. CAGR %	-0.23	-0.98	-1.02	1.58	8.02
Inventory, 5 Yr. CAGR %	1.96	11.53	9.99	14.67	11.75
Net Property, Plant and Equip., 5 Yr. CAGR %	3.01	3.44	3.19	1.98	5.28
Total Assets, 5 Yr. CAGR %	4.65	5.03	4.81	6.81	8.68
Tangible Book Value, 5 Yr. CAGR %	6.31	6.46	6.74	7.21	6.36
Common Equity, 5 Yr. CAGR %	6.39	6.52	6.78	7.25	6.24
Cash From Operations, 5 Yr. CAGR %	-2.9	-10.7	-1.52	1.42	1.04
Capital Expenditures, 5 Yr. CAGR %	-1.57	-4.31	1.35	-6.72	1.66
Levered Free Cash Flow, 5 Yr. CAGR %	-21.19	-46.34	-13.08	12.71	0.38
Unlevered Free Cash Flow, 5 Yr. CAGR %	-21.14	-46.97	-13.03	12.68	0.47
Dividend Per Share, 5 Yr. CAGR %	5.77	6.79	2.13	1.92	9.86