Akebono Brake reports net loss of USD52.2 million in April-December 2015

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Financial results

Expects sales to reach JPY283 billion for full year

Akebono Brake has reported a net loss of JPY6.2 billion (USD52.2 million, 31 December 2015) for the first nine months ended 31 December 2015, compared with a net loss of JPY500 million (USD4.2 million, 31 December 2014) in the corresponding period of the previous year, says a company press release.

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