AKEBONO REPORT 2013
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Corporate GoalsCustomer needs firstTechnology realignmentEstablishing a global networkEstablished 1990akebono’s Declaration for the 21st CenturyWe will continue to create value long into the 21st centuryas we pursue our Corporate Mission.We declare that we will:1. Recognize the real value of what we create andprovide.2. Assure our own indispensability by continuouslycreating new value.3. Accomplish our tasks with speed and the courageof our convictions without fear of failure.4. Achieve our aspirations through the pride of eachand every individual.Established 1999Brand StatementSince 1929, akebono has brought assurance and peaceof mind to our customers and end-users everywhere as aglobal industry leader in brake design and production. Wetake pride in our history of achieving safety without compromise,and continue to pursue new standards of perfectionwith innovation.Looking to the future, we are inspired by the prospect ofdelighting and satisfying our customers, and never ceasein the challenge to succeed in this goal.Absolute safety; Unparalleled control.Putting a smile on people’s faces all over the world.Brand SloganAbsolute safety; Unparalleled control.Established 2005CONTENTSakebono’s Corporate Mission ................................. 1Top Message ........................................................ 2Special FeaturesNew Midterm Business Plan ................................... 4Product Development toward 2020 ......................... 6Developments since the Great EastJapan Earthquake ............................................. 10Our Products ....................................................... 12Management Systems ......................................... 18Toward Further Growth ......................................... 20Social ReportWith Local Communities ...................................... 22With Our Customers ............................................ 24With Our Shareholders/With Our Suppliers ............ 25With Our Associates ............................................ 26Environmental ReportEnvironmental Management ................................. 33 Initiatives at the Design and Development Stage . 41 Initiatives at the Purchasing Stage .................... 44 Initiatives at the Production Stage ..................... 45 Initiatives at the Logistics Stage ....................... 46 Initiatives at the Consumption Stage ................. 46 Initiatives to Create a Better Workplace ............. 47Akebono History: Milestones of Global Development .................... 49Economic ReportEleven-Year Financial Summary ............................ 50Financial Review for the Fiscal Year EndedMarch 31, 2013 ................................................. 52Fiscal 2012 R&D by Region ................................. 57Consolidated Balance Sheets .............................. 58Consolidated Statements of Income andComprehensive Income ....................................... 60Consolidated Statements of Changes inNet Assets (Summary) ......................................... 61Consolidated Statements of Cash Flows ............... 62Notes to Consolidated Financial Statements ......... 63Corporate InformationDirectors and Officers .......................................... 65Akebono Locations .............................................. 66Company Outline/Investor Information .................. 68Editorial Policy .................................................... 69akebono’s Corporate Mission

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