Akebono Brake Industry Co Ltd 2016 IR
The report outlines Akebono Brake Industry's performance and strategic initiatives for fiscal 2015, introducing its new midterm business plan, 'akebono New Frontier 30 - 2016'. The company faced significant operating losses due to production-related challenges in its North American operations, prompting management reforms and structural adjustments. Despite these challenges, Akebono achieved record consolidated net sales of 281.3 billion yen, driven by strong sales in North America and China. The report highlights the company's focus on developing next-generation technologies, such as electro-mechanical brakes and low drag calipers, and expanding its high-performance brake business in Europe, including the start of mass production at its Slovakia plant.
Company: Akebono Brake Industry Co Ltd
Sector: Consumer Discretionary
Country: Japan
Year: 2016
Type: IR
Pages: 54
Akebono Brake Industry Co Ltd
Akebono Report
The report outlines Akebono Brake Industry's performance and strategic initiatives for fiscal 2015, introducing its new midterm business plan, 'akebono New Frontier 30 - 2016'. The company faced significant operating losses due to production-related challenges in its North American operations, prompting management reforms and structural adjustments. Despite these challenges, Akebono achieved record consolidated net sales of 281.3 billion yen, driven by strong sales in North America and China. The report highlights the company's focus on developing next-generation technologies, such as electro-mechanical brakes and low drag calipers, and expanding its high-performance brake business in Europe, including the start of mass production at its Slovakia plant.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2015
Published
Aug 1, 2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees