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akebono brake industry co (7238) Snapshot

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akebono brake industry co (7238) Details

Akebono Brake Industry Co., Ltd. engages in the research and development, manufacture, and sale of brakes, and related components and parts worldwide. The company offers disc brake calipers, disc brake pads, disc rotors, drum brakes, drum brake linings, drum brake shoes, wheel cylinders, corner modules, drum-in-hat brakes, brake drums, sensors, etc. for automobiles; and disc brake calipers, disc brake pads, and master cylinders for motorcycles. It also provides brakes for rolling stock, including disc brakes and brake linings for bullet trains, brake linings for regular trains, disc brakes for monorail, brake shoes for railroad trains, disc brakes for maglev trains, etc. In addition, the company offers brakes for industrial machinery, which include forklifts, cranes, automobile air-conditioning units, agricultural equipment, heavy-duty trailers, and wind power generation systems, as well as friction materials, drum brakes, disc brakes, and negative brakes. Further, it provides sensor products, including acceleration sensors, angular rate sensors, and sensor clusters; concept automotive brakes, concept motorcycle brakes, and concept mountain bike brakes; and brake systems for Formula 1 and touring car racing. The company was formerly known as Akebono Sekimen Kogyo Co., Ltd. and changed its name to Akebono Brake Industry Co., Ltd. in 1960. Akebono Brake Industry Co., Ltd. was founded in 1929 and is headquartered in Tokyo, Japan.

9,238 Employees
Last Reported Date: 06/20/16
Founded in 1929

akebono brake industry co (7238) Top Compensated Officers

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akebono brake industry co (7238) Key Developments

Akebono Brake Industry Co. Ltd. Reports Consolidated Earnings Results for the First Half Ended September 30, 2016; Provides Earnings Guidance for the Year Ending March 31, 2017

Akebono Brake Industry Co. Ltd. reported consolidated earnings results for the first half ended September 30, 2016. For the period, the company reported net sales of ¥133,475 million compared to ¥141,605 million, operating income of ¥736 million compared to operating loss of ¥450 million, ordinary loss of ¥1,479 million compared to ¥1,428 million, loss attributable to owners of parent of ¥2,831 million or ¥21.26 per basic share compared to ¥5,774 million or ¥43.41 per basic share for the last year. Loss before income taxes of ¥1,486 million compared to ¥3,601 million, net cash provided by operating activities was ¥2,940 million compared to ¥3,583 million and purchase of property, plant and equipment was ¥7,919 million compared to ¥8,343 million for the last year. The company provided earnings guidance for the year ending March 31, 2017. For the year, the company expected net sales of ¥257,500 million, operating loss of ¥4,000 million, ordinary loss of ¥400 million and loss attributable to owners of parent ¥200 million or ¥1.50 per basic share.

Akebono Brake Industry Co. Ltd., Q2 2017 Earnings Call, Nov 08, 2016

Akebono Brake Industry Co. Ltd., Q2 2017 Earnings Call, Nov 08, 2016

Akebono Brake Industry Co. Ltd. to Report Q2, 2017 Results on Nov 02, 2016

Akebono Brake Industry Co. Ltd. announced that they will report Q2, 2017 results on Nov 02, 2016

 

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