Akebono Brake has reported a net loss of JPY3.2bn (US$39.8m) for the fiscal year 2011, compared to net profit of JPY5.3bn a year previously. Pre-tax income was JPY300m.

Operating income plunged to JPY3.8bn from JPY11.4bn. Net sales fell slightly to JPY209.6bn from JPY216.6bn.

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For fiscal 2012, the company expects net income of JPY3bn, pre-tax income of JPY6.5bn, operating income of JPY8.5bn and net sales of JPY213.8bn.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

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