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Stanley Electric Co ( (JP:6923) ) has provided an announcement.
Stanley Electric Co., Ltd. and Mitsubishi Electric Mobility Corporation have announced an amendment to the effective dates of their joint venture agreement for a lamp system business targeting next-generation vehicles. This change, moving the dates to January 2026, aims to ensure a solid foundation for business operations and a smooth launch of the integration, with the impact on company performance to be disclosed once determined.
The most recent analyst rating on (JP:6923) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on Stanley Electric Co stock, see the JP:6923 Stock Forecast page.
More about Stanley Electric Co
Stanley Electric Co., Ltd. operates in the automotive industry, focusing on the production of lamp systems for next-generation vehicles. Mitsubishi Electric Mobility Corporation collaborates with Stanley Electric in this sector, aiming to enhance vehicle lighting technology.
Average Trading Volume: 470,155
Technical Sentiment Signal: Buy
Current Market Cap: Yen453.3B
See more insights into 6923 stock on TipRanks’ Stock Analysis page.