Akebono Brake Industry Co., Ltd. reported consolidated and non-consolidated earnings results for the year ended March 31, 2018. For the period, on consolidated basis, the company's net sales were ¥264,921 million compared to ¥266,099 million a year ago. Operating profit was ¥8,143 million compared to ¥4,223 million a year ago. Ordinary profit was ¥5,796 million compared to ¥761 million a year ago. Profit attributable to owners of parent was ¥782 million or ¥5.85 per diluted share compared to ¥354 million or ¥2.65 per diluted share a year ago. Rate of ROE was 3.0% against 1.4% a year ago. Cash flow from operating activities was ¥19,354 million against ¥14,138 million a year ago.

For the period, on non-consolidated basis, the company's net sales were ¥80,911 million compared to ¥80,454 million a year ago. Operating income was ¥1,806 million compared to ¥1,668 million a year ago. Ordinary profit was ¥4,297 million compared to ¥6,253 million a year ago. Net income was ¥230 million or ¥1.72 per diluted share compared to ¥9,262 million or ¥69.32 per diluted share a year ago.

For the fiscal year ending March 31, 2019, the company expects net sales of ¥244,400 million, operating profit of ¥7,500 million, ordinary profit of ¥5,400 million, profit attributable to owners of parent of ¥2,000 million or ¥15.01 per basic share.