Akebono’s net sales for fiscal year ended 31 March 2014 were up 14.9% to JPY236.7bn (US$2.32bn) compared with JPY206.1bn in the same period year ago.

Like many other Japanese corporatrions, the company was boosted by the lower yen. 

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Operating income for the brakes specialist was up 87.3% to JPY8.1bn compared with JPY4.32bn in the previous year.

Net income of the company increased to JPY2.42bn compared with JPY518m in 2013.

Performance forecast for the fiscal year ending 31 March 2015 (1 April 2014 – 31 March 2015)

  • First Half

Net sales: JPY122bn

Operating income: JPY5.2bn

Net income: JPY2bn

  • Full year

Net sales: JPY243bn

Operating income: JPY11bn

Net income: JPY4bn

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