Akebono Brake Industry Co., Ltd. reported consolidated earnings results for the nine months ended Dec. 31, 2018. For the period, the company reported net sales of JPY 186,295 million compared to JPY 200,495 million a year ago. Operating profit was JPY 2,324 million compared to JPY 6,507 million a year ago. Ordinary profit was JPY 590 million compared to JPY 4,835 million a year ago. Loss attributable to owners of parent was JPY 17,748 million or JPY 133.21 per basic share compared to profit of JPY 2,259 million or JPY 16.96 per basic share a year ago.

For the fiscal year ending March 31, 2019, the company expected net sales of JPY 243,200 million, operating loss of JPY 400 million, ordinary loss of JPY 2,700 million, loss attributable to owners of parent of JPY 19,200 million or JPY 144.11 per basic share.