Producer Manufacturing

Akebono Brake Industry Co., Ltd.

Business Summary

Akebono Brake Industry Co., Ltd. engages in the manufacture and sale of brakes and its components. Its products include brakes for automobiles, motorcycles, rolling stocks, and industrial machineries. It also offers sensor products for infrastructure management and mobility control. It operates through the following geographical segments: Japan, North America, Europe, China, Thailand, and Indonesia. The company was founded by Sanji Osame on January 27, 1929 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2023	JPY	USD
Revenue	153,984M	1,136.26M
Gross Profit	13,602M	100.37M
Operating income	184M	1.35M
Income before tax	2,644M	19.51M
Net income	960M	7.08M
EBITDA	6,462M	47.68M
Diluted EPS	1.94	0.01
Dividends Per Share	--	--
Total Assets	141,299M	1,061.68M
Total liabilities	91,009M	683.81M
Total equity	43,376M	325.91M
Operating cash flow	4,649M	34.30M
	Currency in JPY	Currency in USD

Historical Data

JPY | USD

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	243,668M	193,317M	134,003M	135,498M	153,984M
Gross Profit	20,995M	19,751M	12,251M	17,336M	13,602M
Operating income	203M	3,707M	-1,096M	4,241M	184M
Income before tax	-13,068M	27,343M	-10,664M	5,649M	2,644M
Net income	-18,264M	24,855M	-11,913M	4,153M	960M
EBITDA	11,923M	12,366M	4,973M	9,888M	6,462M
Diluted EPS	-137.08	89.37	-89.18	8.98	1.94
Dividends Per Share	0	0	0	0	--
Total Assets	168,583M	148,959M	132,627M	139,674M	141,299M
Total liabilities	160,702M	95,085M	89,985M	90,774M	91,009M
Total equity	3,015M	48,422M	37,260M	42,585M	43,376M
Operating cash flow	5,237M	-280M	5,587M	5,474M	4,649M

	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Revenue	2,197.29M	1,778.02M	1,263.49M	1,205.79M	1,136.26M
Gross Profit	189.32M	181.65M	115.51M	154.27M	100.37M
Operating income	1.83M	34.09M	-10.33M	37.74M	1.35M
Income before tax	-117.84M	251.48M	-100.54M	50.27M	19.51M
Net income	-164.69M	228.60M	-112.32M	36.95M	7.08M
EBITDA	107.51M	113.73M	46.88M	87.99M	47.68M
Diluted EPS	-1.23	0.82	-0.84	0.08	0.01
Dividends Per Share	0	0	0	0	--
Total Assets	1,523.08M	1,379.82M	1,200.24M	1,150.76M	1,061.68M
Total liabilities	1,451.88M	880.78M	814.34M	747.88M	683.81M
Total equity	27.23M	448.53M	337.19M	350.85M	325.91M
Operating cash flow	47.22M	-2.57M	52.67M	48.71M	34.30M

Valuation Measures

Mar 2023
PER	20.17
ROA	0.68%
ROE	2.23%
Operating margin	0.11%
Profit margin	0.62%

Key executives

President, CEO & Representative Director: Yasuhiro Miyaji
COO, Director, Vice President & Head-North America: Takamasa Kurinami
Chief Financial Officer & Executive Officer: Jin Kusanagi
Chief Strategy Officer & Executive Officer: Oki Nagahara
Executive Officer & Corporate Manager: Takao Watanabe

Shareholders

Toyota Motor Corp. (11.3%)
Isuzu Motors Ltd. (8.9%)
Nomura Asset Management Co., Ltd. (2.5%)
Aisin Corp. (2.3%)
Akebono Brake Industry Employee Stock Ownership Plan (1.9%)
Akebono Brake Industry Co., Ltd. (1.7%)
HAYASHI YUICHIRO (1.6%)
Marubeni-Itochu Steel, Inc. (1.4%)
SECOM Co., Ltd. (1.4%)
The Vanguard Group, Inc. (1.4%)

Contact Details

Website:http://www.akebono-brake.com
Address: 19-5 Nihonbashi Koami-cho, Chuo-Ku, Tokyo, 103-8534, Japan
Phone: +81.3.3668.5171

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Competitors

Last Updated on 8 Jun, 2023