Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Stanley Electric Co ( (JP:6923) ) has shared an announcement.
Stanley Electric Co., Ltd. and Mitsubishi Electric Mobility Corporation have finalized an agreement to establish a joint venture for lamp systems in next-generation vehicles. This integration involves an absorption-type company split, with effective dates in October 2025, aiming to enhance their market position in the automotive lighting sector.
The most recent analyst rating on (JP:6923) stock is a Buy with a Yen3200.00 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 electronic and control components, particularly lamp systems for next-generation vehicles, including both four-wheel and two-wheel vehicles.
Average Trading Volume: 541,162
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen425B
For a thorough assessment of 6923 stock, go to TipRanks’ Stock Analysis page.