Akebono Brake Industry Co. Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ended March 31, 2016
Akebono Brake Industry Co. Ltd. revised consolidated earnings guidance for the fiscal year ended March 31, 2016. For the period, the company now expects, operating loss of ¥3,800 million, ordinary loss of ¥6,800 million and net loss of ¥19,800 million or ¥176.60 per share on net sales of ¥281,300 million against previous forecast of operating loss of ¥3,500 million, ordinary loss of ¥6,000 million and net loss of ¥7,000 million or ¥52.62 per share on net sales of ¥283,000 million.