Akebono Brake IndustryAKEBONO BRAKE INDUSTRY CO.,LTD.7238東証プライム輸送用機器FY ending Mar 2026, consolidated, J-GAAP

Akebono Brake Industry revenue and profit

Out of every ¥100 of sales, about ¥3 is left as operating profit. Revenue changed -1.0% from the prior year, operating profit +78.2%.

Five-year trend

Revenue¥160.1B
FY ending Mar 2022: ¥135.5B¥135.5BFY ending Mar 2023: ¥154B¥154BFY ending Mar 2024: ¥166.3B¥166.3BFY ending Mar 2025: ¥161.7B¥161.7BFY ending Mar 2026: ¥160.1B¥160.1BFY22FY23FY24FY25FY26
Operating income¥5.57B
FY ending Mar 2022: ¥4.24B¥4.24BFY ending Mar 2023: ¥185M¥185MFY ending Mar 2024: ¥3.15B¥3.15BFY ending Mar 2025: ¥3.12B¥3.12BFY ending Mar 2026: ¥5.57B¥5.57BFY22FY23FY24FY25FY26
Operating margin3.5%
FY ending Mar 2022: 3.1%3.1%FY ending Mar 2023: 0.1%0.1%FY ending Mar 2024: 1.9%1.9%FY ending Mar 2025: 1.9%1.9%FY ending Mar 2026: 3.5%3.5%FY22FY23FY24FY25FY26

What drives ROE

Net margin × asset turnover = ROA; ROA × financial leverage = ROE

Net margin1.2%
Asset turnover1.25×
ROA1.4%
ROA1.4%
Financial leverage3.26×
ROE4.7%

Denominators: average assets and average equity. Derived from reported values; ROE is shown only for positive profit and equity.

Net margin1.2%
2022: 3.1%3.1%2023: 0.6%0.6%2024: 2.1%2.1%2025: 0.1%0.1%2026: 1.2%1.2%2223242526
Asset turnover1.25×
2022: 0.97×0.97×2023: 1.10×1.10×2024: 1.14×1.14×2025: 1.16×1.16×2026: 1.25×1.25×2223242526
ROA1.4%
2022: 3.0%3.0%2023: 0.7%0.7%2024: 2.4%2.4%2025: 0.1%0.1%2026: 1.4%1.4%2223242526
Financial leverage3.26×
2022: 4.09×4.09×2023: 4.06×4.06×2024: 3.96×3.96×2025: 3.62×3.62×2026: 3.26×3.26×2223242526
ROE4.7%
2022: 12.2%12.2%2023: 2.8%2.8%2024: 9.4%9.4%2025: 0.4%0.4%2026: 4.7%4.7%2223242526
PeriodNet marginAsset turnoverROAFinancial leverageROE
20223.1%0.97×3.0%4.09×12.2%
20230.6%1.10×0.7%4.06×2.8%
20242.1%1.14×2.4%3.96×9.4%
20250.1%1.16×0.1%3.62×0.4%
20261.2%1.25×1.4%3.26×4.7%

Financial leverage can raise ROE; a higher value alone does not describe a company's overall condition.

Asset intensity and goodwill

Annual trends in tangible-asset ratios and goodwill balance.

PPE ÷ revenue30.2%
2021: 34.9%34.9%2022: 34.4%34.4%2023: 32.1%32.1%2024: 29.9%29.9%2025: 31.0%31.0%2026: 30.2%30.2%212223242526
PPE ÷ total assets37.5%
2021: 35.3%35.3%2022: 33.4%33.4%2023: 35.0%35.0%2024: 33.1%33.1%2025: 39.1%39.1%2026: 37.5%37.5%212223242526

Ratios are derived from reported values. Goodwill is shown only when separately reported; it is not inferred from combined intangible assets. Definition

Investment and working-capital efficiency

Track R&D investment and how long operating capital remains tied up before sales turn into cash.

R&D spending¥1.66B
2021: ¥2.28B¥2.28B2022: ¥2.19B¥2.19B2023: ¥2.41B¥2.41B2024: ¥2.36B¥2.36B2025: ¥1.94B¥1.94B2026: ¥1.66B¥1.66B212223242526
R&D / revenue1.0%
2021: 1.7%1.7%2022: 1.6%1.6%2023: 1.6%1.6%2024: 1.4%1.4%2025: 1.2%1.2%2026: 1.0%1.0%212223242526
Receivable days67d
2021: 71d71d2022: 67d67d2023: 68d68d2024: 66d66d2025: 62d62d2026: 67d67d212223242526
Payable days42d
2021: 52d52d2022: 54d54d2023: 53d53d2024: 48d48d2025: 46d46d2026: 42d42d212223242526

R&D is shown only for years with machine-readable disclosure. Days are estimates using year-end receivables, inventory and payables divided by annual revenue or cost of sales; financial companies are excluded.

Income statement (JPY millions)

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Revenue135,498153,984166,301161,672160,109
Cost of revenue118,162140,382150,523145,460141,857
Gross profit17,33513,60215,77916,21218,253
SG&A13,09513,41812,62613,08912,686
Operating income4,2401853,1533,1245,567
Pretax income5,6492,6444,1074,0173,394
Income tax835973-703,235639
Net income attributable to owners4,1549603,4521681,843
Operating margin3.1%0.1%1.9%1.9%3.5%

Balance sheet (reported items)

Year-end figures from filings. Unreported items are omitted. Interest-bearing debt excludes lease liabilities.

Assets

Cash 14%
Receivables 23%
Property, plant and equipment 37%
2%
0%
Other assets 24%

Funding

Trade payables 12%
Other liabilities 43%
Equity 45%

Each bar totals 100% of assets; other is the residual.

ItemFY ending Mar 2022FY ending Mar 2023FY ending Mar 2024FY ending Mar 2025FY ending Mar 2026
Cash and equivalents¥30.3B¥25.5B¥26.9B¥18.3B¥18.1B
Total assets¥139.7B¥141.3B¥150.5B¥128.3B¥128.8B
Net assets¥48.9B¥50.3B¥60.5B¥55.9B¥57.6B
Share capital¥19.9B¥19.9B¥19.9B¥19.9B¥19.9B
Trade receivables¥25B¥28.5B¥29.9B¥27.4B¥29.4B
Property, plant and equipment¥46.6B¥49.4B¥49.8B¥50.2B¥48.3B
Intangible assets excluding goodwill¥2.43B¥2.35B¥2.43B¥2.36B¥2.31B
Investment securities¥7.73B¥6.55B¥13.1B¥85M¥91M
Current assets¥74.9B¥73.9B¥75.5B¥65B¥67.2B
Current liabilities¥31.8B¥32.9B¥81.4B¥31.3B¥32.3B
Trade payables¥17.6B¥20.5B¥19.8B¥18.2B¥16.3B
Short-term borrowings———¥2.86B¥1.69B
Long-term borrowings¥47.8B¥48.1B—¥32B¥31.4B
Total liabilities¥90.8B¥91B¥90B¥72.4B¥71.2B
Non-controlling interests¥6.32B¥6.91B¥8.07B¥6.42B¥6.97B
Equity attributable to owners of parent¥34.1B¥35.1B¥38.5B¥38.6B¥40.3B
Retained earnings¥13.4B¥14.4B¥17.8B¥17.9B¥19.7B
Treasury stock-¥1.61B-¥1.61B-¥1.61B-¥1.59B-¥1.55B

Sources

Show source documents (6)
  • EDINET (FSA Japan)

    有価証券報告書-第130期(2025/04/01-2026/03/31)

    ID S100YHCS2026-06-23Open
  • EDINET (FSA Japan)

    有価証券報告書-第129期(2024/04/01-2025/03/31)

    ID S100W1N12025-06-24Open
  • EDINET (FSA Japan)

    有価証券報告書-第128期(2023/04/01-2024/03/31)

    ID S100TUZE2024-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第127期(2022/04/01-2023/03/31)

    ID S100R3G62023-06-26Open
  • EDINET (FSA Japan)

    有価証券報告書-第126期(令和3年4月1日-令和4年3月31日)

    ID S100OHXO2022-06-27Open
  • EDINET (FSA Japan)

    有価証券報告書-第125期(令和2年4月1日-令和3年3月31日)

    ID S100LQQD2021-06-25Open

Extracted from XBRL: 51 / Derived from other figures: 1

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