Stanley Electric Co., Ltd.

Company Profile

■URL

http://www.stanley.co.jp/e/

■Address

2-9-13 Nakameguro, Meguro-ku Tokyo, 153-8636 Japan

Business Overview

-Major lighting manufacturer that delivers products to the automotive market, such as lamps, sensors, LED lighting, backlights for LCD monitors; and products for PCs and tablets.

-The Company is engaged in three automotive business segments: devices, components, and electronic products. All of the Company’s products are being delivered to OEMs.

-Products by business segment:

Segment Scope of business Major products
Automotive Devices Manufacture and sale of automotive lighting products to OEMs -LED headlamps
-Side-marker lamps
-Rear combination lamps
-Automated solar radiation sensors
-Ambient lighting products
-Control units for heated seats
-On-vehicle LCDs
-Air-conditioning control panels
-Hyper LED bulbs for headlamps
-2-color-option LED fog lamps
Automotive Components Manufacture of electronic devices for electric appliance manufactures and OEMs -LEDs
-Infrared LEDs
-White LEDs
-Single-color LEDs
-Optical sensors
-LCDs
-Ultra-small light bulbs

Shareholders

-From April 2022, moved to the Prime Market of the Tokyo Stock Exchange (As of Mar. 31, 2022)
Name or Company Name Investment Ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust Account) 15.59
Honda Motor Co., Ltd. 5.77
Custody Bank of Japan (Trust Account) 5.07
Sumitomo Mitsui Banking Corporation 5.01
Nippon Life Insurance Co. 4.30
JP MORGAN CHASE BANK 385635 3.72
JP MORGAN CHASE BANK 380072 3.66
The Nomura Trust and Banking Co., Ltd.
(Retirement Benefit Trust for Bank of Tokyo-Mitsubishi UFJ, Ltd.)
3.40
JP MORGAN CHASE BANK 385632 2.65
SSBTC CLIENT OMNIBUS ACCOUNT 1.83
Total 51.01

Products

Automotive Equipments
-Lamps

  • Headlamps
  • Rear combination lamps
  • High mount stop lamps
  • Fog lamps/Rear fog lamps
  • Side turn lamps


Electronic Devices
-Sensors

  • Insolation sensors
  • Auto leveling units
  • Sensors for optical beacon
  • Doorknob touch sensors
  • Sensors for door mirror camera

-Audio panels
-Air conditioner control panels

History

Dec. 1920 Established as Kitano Shokai and began manufacturing and selling automotive lamp bulbs.
May 1933 Incorporated with capital of 500,000 yen and renamed as Stanley Electric Co., Ltd..
May 1943 Renamed as Kitano Denki Kogyo Co., Ltd.
Oct. 1949 Renamed once again as Stanley Electric Co., Ltd.
Jul. 1995 Established Tianjin Stanley Electric (currently a consolidated subsidiary) as the core base in China for automotive equipment and electronic devices
Oct. 1996 Established the Taiwan branch office (SET) as a sales base for Stanley HK
Nov. 1996 Established Shanghai Stanley (SSE)
Jan. 1997 Established Vietnam Stanley (VNS)
Jan. 1998 Established Stanley Electric Sales of America (SSA)
Apr. 1998 Established Stanley Electric Sales of America, Inc. (currently a consolidated subsidiary) as a sales and procurement base for electronic devices
May 1998 Established Stanley Electrics in Germany (SED)
Oct. 1998 Established Stanley Well Inc. (currently a consolidated subsidiary) as a special subsidiary
Jan. 1999 Established Guangzhou Vigo Stanley Electric (GVS)
Mar. 2000 Established Stanley Electric Holding of America, Inc.
Apr. 2000 Became the holding company of Stanley Electric Holding of America. Inc. Stanley Electric Sales America, Inc. through a share exchange.
Feb. 2001 Established Stanley Electric (U.K.) Company Limited in England as a 100% subsidiary and started operation in April
Jun. 2001 Established Stanley Electric Hungary Kft (consolidated subsidiary) in Hungary as a European production base.
Sep. 2001 Established PT. Indonesia Stanley Electric (consolidated subsidiary) as a production base in Indonesia.
Sep. 2002 Established GUANGZHOU STANLEY Electric Co., Ltd. as a production facility in China. (Currently, a consolidated subsidiary).
Sep. 2003 Established Stanley Electric Holding Asia-Pacific Pte. Ltd. (currently a consolidated subsidiary)
Sep. 2003 Delisted from the Osaka Stock Exchange.
Apr. 2004 Closed its Kumamoto office and transferred those operations to the Hamamatsu plant. Opened Hamamatsu Seisakusho in Hosoe-cho, Inasa-gun, Shizuoka Pref. to manufacture automotive lighting products.
May 2005 Established Stanley Electric Korea Co., Ltd. (currently a consolidated subsidiary) as a sales company in Korea.
Jul. 2006 Created a holding company in Europe, Stanley Electric Holding Europe Co., Ltd. (currently one of its consolidated companies) in the U.K. in order to effectively manage its operations and strengthen its accounting and financing capabilities in Europe.
Aug. 2007 Opened its Opto Technical Center in Yokohama City, Kanagawa Prefecture.
Oct. 2009 Established Stanley Electric do Brasil Ltda. as its manufacturing and sales headquarters in Brazil. The company is currently a consolidated subsidiary.
May 2011 Established Stanley Electric (China) Investment Co., Ltd. as a Chinese corporation in order to make the management of its Chinese operations more efficient and build a stronger financial operating structure in the country. (The company is currently a consolidated subsidiary.) 
Oct. 2011 Established Wuhan Stanley Electric Co., Ltd. as a manufacturing company in China. (currently a consolidated subsidiary)
Dec. 2011 Established Stanley Electric Sales of India Pvt. Ltd. as a sales company in India. (currently a consolidated subsidiary)
Apr. 2013 Established Stanley Electric Mexico S.A. de C.V. as a sales location in Mexico. (currently a consolidated subsidiary)
Jul. 2013 Established Stanley Electric Trading (Shenzhen) Co., Ltd. as a sales location in China. (currently a consolidated subsidiary)
Apr. 2015 Established Stanley Electric Manufacturing Mexico S.A. de C.V. as a manufacturing company in Mexico.  (currently a consolidated subsidiary)
Sep. 2015 Established Tianjin Stanley Electric Technology Co., Ltd. to design and develop products in China.  (currently a consolidated subsidiary)
Apr. 2019 Established the Minato-Mirai Technology Center in Yokohama, Kanagawa Prefecture.
Oct. 2019 Acquired Hella-Phil., Inc. as a Philippine production plant, making it a consolidated subsidiary.
Mar. 2020 Acquired HexaTech, Inc. as a US-based R&D facility and production plant, turning it into a consolidated subsidiary.
Dec. 2020 Established the Hadano Technical Center in Hadano, Kanagawa Prefecture.
Jan. 2021 Established the AℓNUV brand for UV products.
Jan. 2021 Signed a partnership agreement with Mitsubishi Electric on automotive lamp systems business.

Supplemental Information 1