Akebono Brake Industry Co., Ltd. (AKBIF) Stock

About Akebono Brake Industry Co., Ltd.

Akebono Brake Industry Co., Ltd. is a prominent company engaged in the research, development, production, and sale of a diverse array of braking systems and their associated components. Its market reach extends across Japan, North America, Europe, and various other Asian nations. The company's product portfolio addresses multiple sectors: For automobiles, it supplies disc brake calipers, pads, and rotors, alongside drum brake linings, shoes, wheel cylinders, drum-in-hat brake assemblies, brake drums, and various sensors. Motorcycles benefit from its disc brake calipers, pads, and master cylinders. In the realm of rolling stock, Akebono provides comprehensive braking solutions, including disc brakes and linings for high-speed bullet trains, linings for conventional trains, disc brakes for monorails, general rolling stock linings, and brake shoes for railroad cars. Industrial applications are also covered with specialized products such as drum brakes for forklifts, clutch facings for automotive air conditioning units, brake shoes for elevators, and disc brakes designed for wind turbine generators and rough terrain cranes. Beyond its core braking hardware, Akebono also develops and manufactures a sophisticated range of sensor technologies. These include accelerometers, angular rate sensors, and integrated sensor clusters. Additionally, it offers devices for vehicle behavior detection, wireless portable vibration measurement, inclinometers, concrete filing detectors, light-emitting inclination sensors/pockets, and long-wave seismic motor earthquake detectors. Founded in 1929, the company initially operated under the name Akebono Sekimen Kogyo Co., Ltd., before officially adopting its current identity, Akebono Brake Industry Co., Ltd., in 1960. Its corporate headquarters are located in Tokyo, Japan.

Akebono Brake Industry Co., Ltd. is headquartered in JP.

Akebono Brake Industry Co., Ltd. (AKBIF) stock trades at $0.72 with a market capitalization of $196.52M. The stock is valued at a price-to-earnings (P/E) ratio of 16.18, price-to-book of 0.59, price-to-sales of 0.19. Over the past 52 weeks the stock has ranged between $0.67 and $0.80, and currently trades 10.0% below its 52-week high.

On profitability, Akebono Brake Industry Co., Ltd. generates a return on equity (ROE) of 3.83%, return on capital employed of 5.76%, an operating margin of 3.48%, a net profit margin of 1.15%.

Official website: www.akebono-brake.com