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Akebono Brake Industry Co Ltd (7238.T)

7238.T on Tokyo Stock Exchange

325JPY
23 Jan 2018
Change (% chg)

¥7 (+2.20%)
Prev Close
¥318
Open
¥322
Day's High
¥326
Day's Low
¥320
Volume
1,378,500
Avg. Vol
1,433,336
52-wk High
¥414
52-wk Low
¥264

Latest Key Developments (Source: Significant Developments)

Bosch Has Sold Entire 12.13 Pct Stake In Akebono Brake Industry - Nikkei
Tuesday, 19 Dec 2017 

Dec 20 (Reuters) - NIKKEI::BOSCH HAS SOLD ENTIRE 12.13 PERCENT STAKE IN AKEBONO BRAKE INDUSTRY - NIKKEI .AKEBONO BRAKE EXPECTS 250.6 BILLION YEN IN GROUP SALES FOR YEAR ENDING MARCH, OUT OF WHICH AROUND 1 BILLION YEN IS LIKELY TO COME FROM BOSCH- NIKKEI‍​.  Full Article

Akebono Brake Industry plans reorganization of three European units
Thursday, 16 Mar 2017 

Akebono Brake Industry Co Ltd <7238.T> : Says co's wholly owned Belgium-based controlling company Akebono Brake Europe N.V. (AENV) will transfer entire 100 percent stake in Akebono Europe S.A.S., Akebono Europe GmbH and Akebono Brake Slovakia s.r.o. (target firms) respectively, to the company . Transaction amount is totaling 9.5 million euros (about 1.16 billion yen) . Co will own 100 percent stake in target firms directly .And the unit AENV will commence on dissolution and liquidation after divestiture of target firms.  Full Article

R&I's withdraws rating on AKEBONO BRAKE INDUSTRY
Thursday, 31 Mar 2016 

AKEBONO BRAKE INDUSTRY CO LTD:Rating and Investment Information, Inc.'s withdrew the rating on the company of "BBB-".  Full Article

AKEBONO BRAKE INDUSTRY expects extraordinary profit for Q4 of FY 2016
Thursday, 10 Mar 2016 

AKEBONO BRAKE INDUSTRY CO LTD:Says it expects an extraordinary profit of 1,669 mln yen recorded as gain on sale of investment stocks for Q4 of fiscal year ending March 2016.  Full Article