In FY2022 1-3Q (April 1 to December 31, 2022), the global business environment tended towards gradual improvement, although regional differences persisted due to the shortage of semiconductors. However, in addition to a reduction in automotive production due to a shortage of parts supply caused by lockdown in China, Akebono continues to face an uncertain business environment impacted by factors such as rising raw material costs and energy costs due to an increase in geopolitical risk, etc.
Net Sales
There was a decrease in sales caused by the temporary suspension of manufacturing by automakers due to supply chain issues in accordance with the shortage of semiconductors. However, with the impact of the yen depreciation, net sales amounted to 112.9 billion yen (an increase of 12.2% year-on-year).
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Akebono Brake Industry Co. Ltd. published this content on 16 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 February 2023 09:18:05 UTC.
AKEBONO BRAKE INDUSTRY CO.,LTD. is a Japan-based company mainly engaged in the manufacture and sale of brakes for automotive, industrial equipment and railway vehicles, as well as the research and development business and the logistics services business. The Company operates through six regional segments. The Company is engaged in the production of disc brakes, disc pads, drum brakes, shoe assemblies, brake linings, industrial equipment brakes, railway vehicles brakes, corner modules, rotors, master cylinders and other products. The Company operates in Japan, North America, Europe, China, Thailand and Indonesia.
AKEBONO BRAKE INDUSTRY CO., LTD. 
