Akebono Brake Industry Co. Ltd. announced consolidated earnings results for the year ended March 31, 2012. For the year, the company reported net sales of JPY 209,584 million against JPY 216,574 million a year ago. Operating income was down by 66.3% to JPY 3,835 million against JPY 11,392 million a year ago. Income before income taxes and minority interest was JPY 314 million against JPY 8,482 million a year ago. Net loss was JPY 3,215 million or JPY 24.25 basic per share against profit of JPY 5,265 million or JPY 39.75 basic per share a year ago. Net cash provided by operating activities were JPY 2,916 million against JPY 7,433 million a year ago. Purchase of property, plant and equipment were JPY 12,908 million against JPY 4,464 million a year ago. Purchases of intangible assets were JPY 1,418 million against JPY 684 million a year ago. Net assets per share were JPY 326.393 against JPY 355.88 a year ago. The company provided consolidated earnings guidance for the year ending March 31, 2013. For the year, the company expected net sales of JPY 213,800 million and operating income of JPY 8,500 million.