Akebono Brake reports sharp decline in FY 2024/25 net profit to $1.1 million amid lower net sales
Akebono Brake released its financial outlook for financial year 2025/26, expecting a 4.4% year-over-year decline in net sales to ¥154.6 billion
Akebono Brake Industry reported a 95.1% year-over-year decline in net profit to ¥168 million (about $1.1 million) in the financial year ended March 31, 2025, according to a company press release on May 15.
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