AKEBONO REPORT 2017

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ContentsDefinition of Fiscal YearTo present content in a consistent and easy-to-follow manner, in this report, the period referred to as the fiscal year represents the fiscal period from April 1 to March 31 of the next year. The financial statements are also presented on a fiscal year basis.The AKEBONO REPORT 2017 booklet presents financial and non-financial information on the Akebono Group’s fiscal 2016 initiatives with a focus on readability. For detailed data on each initiative, please visit our website.Cautionary Statement Concerning OutlookCurrent plans, projections, strategies, business performance and other statements reported herein that are not historic facts represent forecasts made under Akebono’s assumptions and views based on information available at the time this report was prepared. These statements, therefore, are exposed to risks and uncertainties, including but not limited to those associated with the economic climate surrounding Akebono’s business domain, trends in market compe-tition, exchange rates, tax systems and various institutions. Please note that actual business performance may differ significantly from Akebono’s forecast due to various factors.Publication dateAugust 2017(Last publication: August 2016; next scheduled publication: August 2018)InquiriesAkebono Brake Industry Co., Ltd. Corporate Communications OfficeTel+81 (0) 3-3668-5183Fax+81 (0) 3-5695-7391WebThe AKEBONO REPORT 2017 web edition is available on our website.URLhttp://www.akebono-brake.com/english/index.htmlValue Creation based on Our Corporate Mission ................................................... 09Markets and Products ......................................................................................... 11Development of Next-Generation Technologies .................................................... 15Global Expansion ................................................................................................ 17Value Creation ModelApproach and Initiatives on Sustainable Management ................................................ 29E： Environment｜Reducing Environmental ImpactEnvironmental Management .............................................................................. 30Initiatives in Development ................................................................................. 31Initiatives in Purchasing ................................................................................... 32Initiatives in Production .................................................................................... 32Initiatives in Logistics ...................................................................................... 32S： Social｜Together with Society and StakeholdersHuman Resources and Diversity ......................................................................... 33Relationship with Local Communities ................................................................. 36Providing Safety and Security ............................................................................ 36Initiatives to Raise Corporate Value .................................................................... 37G： Governance｜Toward Sustainable GrowthCorporate Governance System ........................................................................... 38Management Systems ...................................................................................... 42Sustainable ManagementFinancial and Non-Financial Highlights .............................................................. 19Progress of akebono New Frontier 30 - 2016 ........................................................ 21Review of Operations ......................................................................................... 24Review of Operations by Region ......................................................................... 25Review of OperationsDirectors and Ofcers ........................................................................................ 43Company Outline / Investor Information ............................................................... 44Akebono Locations ............................................................................................. 45Corporate InformationAkebono’s Journey ....................... 03Akebono 2017 .............................. 05About Akebono........................................................... 07Top Message2PARTWebsiteDetailed data on each initiative is disclosed on our website. BookletMatters related to priority themes are concisely discussed in the booklet.1PART3PARTAbout AkebonoTop MessagePart 1 Value Creation ModelPart 2 Review of OperationsPart 3 Sustainable ManagementCorporate InformationAKEBONO REPORT 2017 02