1. Home > 
  2. Investor Relations > 
  3. Financial Data > 
  4. Consolidated Financial Forecast

Consolidated Financial ForecastExcel Download

Japan:
For Japanese operations in fiscal year 2018 the Akebono Group expects net sales to be JPY79.9 billion (1.8% year-on-year decrease) and operating profit to be JPY3.0 billion (10.2% year-on-year decrease) as a result of efforts toward rationalization of production etc. despite the effects of declining sales and rising labor cost, etc.

North America:
For North American operations in fiscal year 2018 the Akebono Group expects net sales to be JPY114.5 billion (18.2% year-on-year decrease) and operating profit to be JPY0.0 billion (operating profit of JPY1.5 billion for the last fiscal year) due to the effects of declining sales despite the effects of improving labor cost and cost reduction.

Europe:
An increase in sales is expected mainly due to higher sales of disc brake products for mass produced high performance vehicles and operating loss is expected to fall by JPY1.1 billion year on year to JPY0.9 billion due to the effects of an increase in sales and a reduction in scrap cost resulting from improving yield rate etc.

Asia:
Operating profit is expected to remain at the same level as the last fiscal year due to the effects of higher sales and rationalization despite negative factors such as rising labor expense and increasing depreciation expenses associated with capital investment. In Thailand, losses are expected due to initial costs associated with the launch of a foundry in addition to price increases and rising personnel expenses. However, the Akebono Group expects that net sales will further increase from the fiscal year under review and is committed to bringing this into profit.