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Akebono Brake Industry Co Ltd (7238.T)

7238.T on Tokyo Stock Exchange

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¥360
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¥354
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Volume
384,200
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994,422
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¥396
52-wk Low
¥178

Latest Key Developments (Source: Significant Developments)

R&I's withdraws rating on AKEBONO BRAKE INDUSTRY
Thursday, 31 Mar 2016 02:00am EDT 

AKEBONO BRAKE INDUSTRY CO LTD:Rating and Investment Information, Inc.'s withdrew the rating on the company of "BBB-".  Full Article

AKEBONO BRAKE INDUSTRY expects extraordinary profit for Q4 of FY 2016
Thursday, 10 Mar 2016 03:00am EST 

AKEBONO BRAKE INDUSTRY CO LTD:Says it expects an extraordinary profit of 1,669 mln yen recorded as gain on sale of investment stocks for Q4 of fiscal year ending March 2016.  Full Article

AKEBONO BRAKE INDUSTRY to merge with units
Tuesday, 2 Feb 2016 01:00am EST 

AKEBONO BRAKE INDUSTRY CO LTD:To merge with its three Saitama-based wholly owned subsidiaries effective on April 1.Says the three units to be dissolved after the transaction.  Full Article

AKEBONO BRAKE INDUSTRY lowers consolidated full-year outlook for FY 2016
Tuesday, 15 Dec 2015 12:00am EST 

AKEBONO BRAKE INDUSTRY CO LTD:Says the company lowered the consolidated full-year outlook for the FY ending March 2016.Revenue forecast decreased to 283,000 million yen from 288,000 million yen.Operating profit forecast decreased to a loss of 3,500 million yen from 6,500 million yen.Ordinary profit forecast decreased to a loss of 6,000 million yen from 4,800 million yen.Net profit forecast decreased to a loss of 7,000 million yen from 1,500 million yen.Earnings per share decreased to a loss of 52.62 yen from 11.28 yen.Comments that decreased demand and increased expense are the main reasons for the forecast.  Full Article

AKEBONO BRAKE INDUSTRY receives report from investigation committee
Tuesday, 15 Dec 2015 12:00am EST 

AKEBONO BRAKE INDUSTRY CO LTD:Received report from investigation committee for improper accounting.Previous release disclosed on Nov. 4.  Full Article

AKEBONO BRAKE INDUSTRY receives approval to extend submitting of Q2 report for FY 2016
Friday, 13 Nov 2015 01:00am EST 

AKEBONO BRAKE INDUSTRY CO LTD:Receives approval to extend submitting of Q2 report for FY 2016, to Dec. 16.  Full Article

AKEBONO BRAKE INDUSTRY announces delay in submitting second quarter report for FY 2016
Thursday, 12 Nov 2015 01:00am EST 

AKEBONO BRAKE INDUSTRY Co Ltd:Filed for delay in submitting the second quarter report for fiscal year ending March 2016 to a deadline of Dec. 16, 2015 from Nov. 16, 2015.Says it has set an external investigation committee to investigate possibility regarding the inappropriate accounting treatment.  Full Article

AKEBONO BRAKE INDUSTRY to pay no mid-year and full-year dividend for FY 2016
Wednesday, 4 Nov 2015 02:40am EST 

AKEBONO BRAKE INDUSTRY CO LTD:To pay no mid-year and full-year dividend for the fiscal year ending March 31, 2016.Latest mid-year dividend forecast was 5 yen per share and full-year dividend forecast was 5 yen per share.  Full Article

AKEBONO BRAKE INDUSTRY sets external investigation committee
Wednesday, 4 Nov 2015 02:40am EST 

AKEBONO BRAKE INDUSTRY CO LTD:Sets an external investigation committee to investigate possibility regarding the inappropriate accounting treatment.  Full Article

AKEBONO BRAKE INDUSTRY expects extraordinary profit for Q3 of FY 2016
Wednesday, 4 Nov 2015 02:40am EST 

AKEBONO BRAKE INDUSTRY CO LTD:Says it expects an extraordinary profit of 3,288 mln yen for Q3 of fiscal year ending March 2016.Says the profit was recorded as gain on sale of securities.  Full Article

More From Around the Web

BRIEF-Akebono Brake Industry plans reorganization of three European units

* Says co's wholly owned Belgium-based controlling company Akebono Brake Europe N.V. (AENV) will transfer entire 100 percent stake in Akebono Europe S.A.S., Akebono Europe GmbH and Akebono Brake Slovakia s.r.o. (target firms) respectively, to the company