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Stanley Electric Co ( (JP:6923) ) has provided an update.
Stanley Electric and Mitsubishi Electric Mobility have postponed the effective dates for the absorption-type company split that will establish their joint venture for next-generation vehicle lamp systems, shifting the schedule from early January 2026 to March 30–31, 2026. The companies said additional time is needed to complete operational preparations and required procedures to ensure a smooth launch of the integrated business, and they plan to disclose any impact on their financial performance once it becomes clear, signaling that the strategic integration remains on track but with a revised timeline for execution.
The most recent analyst rating on (JP:6923) stock is a Buy with a Yen3486.00 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. is a Japanese manufacturer specializing in automotive lighting and lamp systems, supplying components for next-generation vehicles and related mobility applications. Mitsubishi Electric Mobility Corporation operates in the mobility and automotive systems space, focusing on advanced technologies and solutions for future vehicle platforms.
Average Trading Volume: 616,227
Technical Sentiment Signal: Buy
Current Market Cap: Yen404.2B
Find detailed analytics on 6923 stock on TipRanks’ Stock Analysis page.