VIETNAM STANLEY ELECTRIC CO.,LTD

VIETNAM STANLEY ELECTRIC CO., LTD: A High-Capital FDI Manufacturer Leading Vietnam’s Automotive Lighting Sector

VIETNAM STANLEY ELECTRIC CO., LTD (CÔNG TY TNHH ĐIỆN STANLEY VIỆT NAM) is a leading foreign direct investment (FDI) enterprise in Vietnam’s industrial and automotive electrical equipment sector. Headquartered in Yen Binh Hamlet, Duong Xa Commune, Gia Lam District, Hanoi, the company was registered on March 9, 2010, under business ID and tax code 0100114515. With backing from global parent entities in Japan and Thailand, VIETNAM STANLEY ELECTRIC CO., LTD plays a pivotal role in the regional supply chain for automotive lighting and electrical components.

Legal Structure and Foreign Ownership

VIETNAM STANLEY ELECTRIC CO., LTD operates as a limited liability company with 100% FDI ownership. The shareholder structure includes:

• Stanley Electric Co., Ltd (Japan) – 50%

• Hanoi Housing Development and Investment Corporation (Vietnam) – 30%

• Thai Stanley Electric Public Company Limited (Thailand) – 20%

The charter capital is officially reported as USD 4.62 million, although internal notes reflect an equivalent of USD 8.3 million. The company is legally registered with the Hanoi Department of Planning and Investment and maintains an active status in the Vietnamese market.

Executive Leadership and Workforce

The company is led by General Director MASAKI KONAKA, with Vice General Director BUI DUC HUY and Chief Accountant NGUYEN HAI ANH managing local operations. With 2,500 employees, VIETNAM STANLEY ELECTRIC CO., LTD stands among the largest employers in Vietnam’s foreign manufacturing sector. The company operates with a sophisticated management structure blending international standards and Vietnamese oversight, ensuring efficient production aligned with global automotive industry demands.

Core Business and Operational Focus

VIETNAM STANLEY ELECTRIC CO., LTD primarily manufactures lighting equipment and components for automobiles and motorcycles. Its operations include the production of light bulbs, wiring devices, fabricated metal components, plastic parts, optical instruments, and special-purpose machinery. The company also engages in architectural consultancy, engineering design, and management consulting—reflecting its role not only as a production center but also as a technical development hub.

These diversified capabilities allow the company to serve a wide variety of original equipment manufacturers (OEMs) in the automotive and electronics industries, positioning itself as a critical player in regional manufacturing value chains.

Financial Performance and Trends

As of the fiscal year ending March 2024, VIETNAM STANLEY ELECTRIC CO., LTD reported:

• Total Assets: USD 328.3 million (+6.63% YoY)

• Owner's Equity: USD 305.42 million (+7.17% YoY)

• Sales: USD 179.34 million (−16.21% YoY)

• Profit: USD 51.33 million (−0.34% YoY)

• Net Worth: USD 302.37 million

Despite a significant decline in sales in 2024, the company maintained high profitability and asset growth, demonstrating solid cost control and capital stability. Working capital remains strong at USD 257.67 million, a figure that reflects robust operational liquidity and financial resilience.

Strategic Outlook and Risk Considerations

VIETNAM STANLEY ELECTRIC CO., LTD is an example of successful FDI in Vietnam’s high-tech manufacturing sector. It continues to leverage its multinational backing, skilled workforce, and integration into global supply networks to maintain a competitive edge. While the drop in sales may be linked to broader market slowdowns or automotive demand fluctuations, the company’s consistent profits and growing assets suggest long-term strength.

For potential investors, suppliers, or B2B partners, the company's stability and strategic partnerships with Japanese and Thai stakeholders enhance its credibility. However, as with all cross-border manufacturing engagements, careful due diligence remains vital.

To support such due diligence, VANGUARD BUSINESS INFORMATION LLC (VBI) offers specialized services, including corporate verification, litigation history checks, and detailed financial risk assessments of companies like VIETNAM STANLEY ELECTRIC CO., LTD—crucial tools for risk mitigation in international business.