Akebono Brake Industry Co Ltd operates in the Motor vehicle parts and accessories sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Akebono Brake Industry Co Ltd with three other
companies in this sector in Japan:
Press Kogyo Co Ltd
(2019
sales of 220.66 billion Japanese Yen [US$2.03 billion]
of which 83%
was Automotive-Related Business),
Musashi Seimitsu Industry Co Ltd
(255.93 billion Japanese Yen [US$2.35 billion]
of which 30%
was Operating Segment-Europe), and
F-Tech Incorporated
(235.36 billion Japanese Yen [US$2.16 billion]
of which 58%
was Operating Segment - Northen America).
Sales Analysis.
Akebono Brake Industry Co Ltd reported sales of ¥243.67 billion (US$2.24 billion)
for the
fiscal
year ending
March of 2019.
This
represents
a
decrease of 8.0%
versus 2018, when the company's sales were ¥264.92 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Akebono Brake Industry Co Ltd had sales
of ¥236.67 billion.
Contributing to the drop in overall sales was the 14.6% decline
in North America, from ¥135.46 billion to ¥115.67 billion.
There were also decreases in sales in
Japan (down 6.0% to ¥67.90 billion)
and
China (down 3.3% to ¥21.39 billion)
.
However, these declines were partially offset by the increase in sales of
Indonesia (up 10.8% to ¥16.83 billion)
and
Europe (up 15.5% to ¥14.40 billion)
and
Thailand (up 0.3% to ¥7.48 billion)
.