AKEBONO REPORT 2014
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Disclosure PoliciesAkebono is striving to ensure proactive and easy-to-understand disclosure so thatimportant information on its operations is appropriately communicated to all stakeholders.Disclosure StandardsDisclosure is made in accordance with applicable laws and regulations,such as Japan’s Company Law and the Financial Instruments andExchange Law, as well as with the Timely Disclosure Regulations(the “Regulations”) enacted by the Tokyo Stock Exchange (“TSE”).The Regulations require timely disclosure when a decision, event orfinancial information that affects investment judgments occurs; whenan inquiry is made by the TSE; or when there is a material change orsuspension or discontinuation of activity that affects the content ofpreviously disclosed corporate information.It is also our policy to disclose information that does not fall underthe Regulations in a proactive and fair manner.Information Disclosure Method(1) Disclosure of information falling under the Regulations is publicizedthrough the Timely Information Disclosure System (TDnet) offeredby the TSE in accordance with the Regulations. We post each pieceof information publicized on TDnet on our website as soon aspossible, but the posting of such information on the website maybe made a substantial period of time after the disclosure on TDnet,due to problems attributable to systems and tools.(2) In disclosing information beyond that which is required to bereleased under applicable laws and regulations such as theCompany Law and the Financial Instruments and Exchange Law, aswell as the Regulations, we endeavor to ensure that such disclosureis communicated to investors in a precise and fair manner.Future ProspectsIn addition to disclosing the forecasts of full-year business performance,we provide information on initiatives based on management strategies,medium- and long-term performance forecasts and other informationregarding our projections for future operations with due considerationgiven to ensure timeliness, appropriateness, accuracy and fairness.Such information is disclosed through our website and business reportsand other publications.Any news release, periodically issued document, website content,response to a question posed at financial or analyst meetings, or otherinformation may include data on future plans, forecasts, and strategies.The descriptions pertaining to our forecasts are based on the informationavailable at the time and assumptions thereon that we believereasonable. Therefore, actual results may substantially differ from forecastsdue to changes in the business environment surrounding ourGroup operations or other unexpected factors.Silent PeriodIn principle, we abide by the four-week “silent period” conventionbefore announcing information on financial results in order to preventany data that could affect the stock price from being divulged andensure the fairness of our information disclosure. Although we refrainfrom making comments on the results in question during this period,we may respond to questions regarding information that has alreadybeen disclosed.WebsitesWe maintain several websites to communicate detailed information on our operations to stakeholders. The Akebono Brake Industry Co., Ltd. official websitehttp://www.akebono-brake.com/english/index.html Investor Relationshttp://www.akebono-brake.com/ir/ About Akebonohttp://www.akebono-brake.com/sp/corporate/jp/ AKEBONO MOTORSPORTS CHALLENGEhttp://www.akebono-brake.com/motorsports/jp/

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