Akebono Brake reports USD4.9 million Q1 net income

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Financial results

Expects net income of JPY3 billion for FY 2017/18

Akebono Brake Industry has reported a net income of JPY552 million (USD4.9 million as on 30 June 2017) for the first quarter ended 30 June 2017, compared with a net loss of JPY3 billion in the same period of the previous year, says a company press release.

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