Akebono Brake Industry Co., Ltd. (AKBIF)
Akebono Brake Industry Co., Ltd. operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Tokyo, TY, JP. The stock last traded at $0.72, down 0.00% on the session, giving a market capitalisation of $196.5M. On trailing twelve-month figures it carries a trailing P/E of 14.48, a net margin of 1.3%. Its beta of 0.54 implies it has historically moved less than the broad market.
Akebono Brake Industry Co., Ltd. is a prominent company engaged in the research, development, production, and sale of a diverse array of braking systems and their associated components. Its market reach extends across Japan, North America, Europe, and various other Asian nations. The company's product portfolio addresses multiple sectors: For automobiles, it supplies disc brake calipers, pads, and rotors, alongside drum brake linings, shoes, wheel cylinders, drum-in-hat brake assemblies, brake drums, and various sensors. Motorcycles benefit from its disc brake calipers, pads, and master cylinders. In the realm of rolling stock, Akebono provides comprehensive braking solutions, including disc brakes and linings for high-speed bullet trains, linings for conventional trains, disc brakes for monorails, general rolling stock linings, and brake shoes for railroad cars. Industrial applications are also covered with specialized products such as drum brakes for forklifts, clutch facings for automotive air conditioning units, brake shoes for elevators, and disc brakes designed for wind turbine generators and rough terrain cranes. Beyond its core braking hardware, Akebono also develops and manufactures a sophisticated range of sensor technologies. These include accelerometers, angular rate sensors, and integrated sensor clusters. Additionally, it offers devices for vehicle behavior detection, wireless portable vibration measurement, inclinometers, concrete filing detectors, light-emitting inclination sensors/pockets, and long-wave seismic motor earthquake detectors. Founded in 1929, the company initially operated under the name Akebono Sekimen Kogyo Co., Ltd., before officially adopting its current identity, Akebono Brake Industry Co., Ltd., in 1960. Its corporate headquarters are located in Tokyo, Japan.
Akebono Brake Industry Co., Ltd. is most often compared with the following Consumer Cyclical names: