Akebono Brake Industry Co. Ltd. reported consolidated earnings results for the third quarter ended December 31, 2015. For the quarter, the company reported net sales of JPY 211,466 million against JPY 185,731 million a year ago. Operating loss was JPY 2,283 million against operating income of JPY 2,822 million a year ago. Ordinary loss was JPY 4,003 million against operating income of JPY 2,753 million a year ago. Loss attributable to owners of parent was JPY 6,295 million against JPY 500 million a year ago. Net loss per share basic was JPY 47.32 against JPY 3.76 a year ago.

For the year ending March 31, 2016, the company expects net sales of JPY 283,000 million, operating loss of JPY 3,500 million, ordinary loss of JPY 6,000 million and loss attributable to owners of parent of JPY 7,000 million or Net loss per share basic of JPY 52.62.