Akebono Brake Industry Co., Ltd. reported consolidated earnings results for the nine months ended Dec. 31, 2017. For the period, the company reported net sales of JPY 200,495 million compared to JPY 196,734 million a year ago. Operating income was JPY 6,507 million compared to JPY 1,611 million a year ago. Ordinary profit was JPY 4,835 million compared to loss of JPY 1,028 million a year ago. Profit attributable to owners of parent was JPY 2,259 million or JPY 16.96 per basic share compared to loss of JPY 2,760 million or JPY 20.73 per basic share a year ago.

For the fiscal year ending March 31, 2018, the company expects net sales of JPY 250,600 million, operating profit of JPY 8,000 million, ordinary profit of JPY 5,800 million, profit attributable to owners of parent of JPY 3,000 million or JPY 22.52 per basic share.