Akebono Brake to introduce AI-driven product inspection system to 12 brake parts plants globally Akebono Brake Industry Co., Ltd. (Akebono Brake) will introduce an artificial intelligence (AI)-driven product inspection system at its brake parts plants. This system will help eliminate defective products during product inspection processes and eventually be installed at 12 locations domestically and outside Japan. Akebono Brake plans to install the...

News  Updated at: 2025/09/22

Akebono Brake aiming to double ratio of replacement brake pad sales Akebono Brake Industry Co., Ltd. (Akebono Brake) plans to increase the ratio of replacement brake pad sales to around 15% by the fiscal year that ends in March 2028 (FY 2027). The FY 2024 ratio was about 7% of the total sales of JPY 161.7 billion. The company will focus on the sales of high value-added products in Japan and the U.S. Since it will reduce its plants in the U.S. to ...

News  Updated at: 2025/09/02

Corporate rehabilitation fund to be largest shareholder in Akebono Brake On December 19, Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that the largest shareholder in Akebono Brake will change from Toyota Motor Corporation to Japan Industrial Solutions Fund II (JIS Fund), a corporate rehabilitation fund. JIS Fund will convert 6,300 shares, a part of its owns shares with no voting rights in Akebono Brake, into common shares by January...

News  Updated at: 2024/12/23

Akebono Brake to fully repay existing loans with syndicated loan Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that the Board of Directors meeting held on June 14 resolved to receive a syndicated loan with Deutsche Bank AG, Tokyo Branch as arranger and fully repay the existing loans amounting to JPY 49.0 billion at the end of June 2024 with the syndicated loan and its own funds. The existing loans are expected to be repaid with the s...

News  Updated at: 2024/06/17

Akebono Brake to close plant in Kentucky, U.S Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it will close its Akebono Brake, Elizabethown Plant in Kentucky, U.S. The plant conducts manufacturing and sales of brake products such as, disc brakes and drum brakes. Under the alternative dispute resolution (ADR) proceeding for business revitalization, Akebono Brake has been reviewing the North American business to realize a single pla...

News  Updated at: 2023/10/23

Akebono Brake Industry unlikely to make lump-sum debt repayment in June 2024 Akebono Brake Industry Co., Ltd. (Akebono Brake Industry) announced by August 9 that it will be difficult to make a lump-sum debt repayment of about JPY 48.5 billion scheduled for the end of June 2024. The company is seeking refinancing support from financial institutions. Akebono Brake Industry has not been able to raise stable funds and is facing a serious shortage of ...

News  Updated at: 2023/08/10

Akebono Brake changes joint venture partner of two Chinese subsidiaries Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it has newly concluded a joint venture agreement with Fujiwa Machinery Industry (Kunshan) Co., Ltd. (Fujiwa Machinery), regarding two of Akebono Brake’s consolidated subsidiaries in China: Akebono Corporation (Guangzhou) and Akebono Corporation (Suzhou). In June 2022, Akebono Brake announced it would dissolve t...

News  Updated at: 2022/11/04

Akebono Brake to supply brake calipers for CUPRA Formentor VZ5 Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that its front 6-pot disc brake caliper has been adopted for the SEAT brand’s CUPRA Formentor VZ5 compact SUV. The disc brake calipers adopted this time are of the opposed-piston type, which achieves high heat dissipation as well as uniform friction material wear and heat transfer through the optimum combination of piston di...

News  Updated at: 2022/07/27

Akebono Brake to change partners of joint ventures in China Akebono brake Industry Co., Ltd. (Akebono Brake) announced that its partner of its two joint ventures in China will be changed. The joint ventures are Akebono Corporation (Guangzhou) and Akebono Corporation (Suzhou) which have been jointly operated with Itochu Corporation and Itochu Honk Kong Ltd. (Itochu Group). This time, Akebono Brake will dissolve the contract with Itochu Group and n...

News  Updated at: 2022/06/20

Japanese parts supplier and Chinese automakers accelerating partnership in view of spread of EV Japanese auto parts suppliers are accelerating their partnership with Chinese automakers. Geely Automobile Group (Geely Automobile) has used Akebono Brake Industry Co., Ltd. (Akebono Brake Industry)’s brake parts for the high-end model brand "Lynk & Co.” Renesas Electronics Corporation (Renesas Electronics) received its first order for in-vehicle s...

News  Updated at: 2021/10/25

Akebono Brake to supply brake disc calipers and pads for Lynk & Co 05+ Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that its 4-pot disc brake calipers and copper-free brake disc pads have been adopted for the front wheels of the Geely Auto Group’s Lynk & Co brand SUV 05+. The disc brake calipers to be supplied are opposed piston type brakes developed through the company’s unique technical capabilities and achieve superior brakin...

News  Updated at: 2021/10/20

Akebono Brake Industry finds inappropriate conduct in regular audit Akebono Brake Industry Co., Ltd. (Akebono Brake Industry) announced that inappropriate conduct had been carried out in the periodic inspection reports of automotive brake products manufactured at its Japanese plants. Products audited were automotive disc brakes, brake pads, drum brakes and linings, which were supplied to ten automakers. In regular audit data, it was found that in...

News  Updated at: 2021/02/16

Akebono Brake Industry aiming to expand niche market share with EPB calipers for high-performance EVs Akebono Brake Industry Co., Ltd. (Akebono Brake Industry) has won an order from a U.S. maker for electric parking brake (EPB) calipers for high-performance electric vehicles (EVs), and will start its first production of EPBs over the period April-September 2021. The company’s EPBs are opposed type brakes, which apply uniform pressure from oppos...

News  Updated at: 2021/01/22

Akebono Brake to retain subsidiaries in Slovakia and Germany Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it will change its business restructuring measures in Europe. Akebono Brake Slovakia s.r.o. (ABSK), a subsidiary in Slovakia, which was planned to be partnered with, sold or dissolved in the business restructuring plan, has been decided to be retained as the economic potential of ABSK is expected to exceed the restructuring...

News  Updated at: 2020/12/17

Akebono Brake to merge three Japanese consolidated subsidiaries Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it will merge its consolidated subsidiaries Akebono Research & Development Centre Ltd., Akebono Advanced Engineering Co., Ltd. and Neo Street Inc. The purpose of the merger is to concentrate and strengthen the company’s development structure to enhance its competitiveness as part of the company’s structural reforms i...

News  Updated at: 2020/12/17

Akebono Brake supplies brake products for Volvo XC60 T8 Polestar Engineered Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that its front 6 piston disc brake calipers and brake pads have been adopted for the Volvo Cars XC60 T8 Polestar Engineered. The brake calipers consist of 6-pistone aluminum monoblock opposed calipers developed for high-end and high-performance vehicles. With Akebono Brake’s high-performance brake pads, the fron...

News  Updated at: 2020/11/17

Akebono Brake to dissolve UK subsidiary Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it will dissolve Akebono Advanced Engineering (UK) Ltd. (Akebono Advanced Engineering (UK)). The decision was made as part of business restructuring measures including reform of business and production locations in Europe. The timing of the dissolution will be July 2021. Akebono Advanced Engineering (UK), which was established in 2006, conducts...

News  Updated at: 2020/09/17

Akebono Brake supplies brake products for Nissan Roox Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it has supplied its brake products for all-new Nissan Roox. The company supplies front disk brake calipers and their brake pads as well as rear drum brakes and their brake linings. (From a press release dated April 2, 2020)...

News  Updated at: 2020/04/02

Akebono Brake supplies brake products for Mitsubishi eK X space and eK space Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it has supplied its brake products for all-new Mitsubishi eK X space and eK space. The company supplies front disk brake calipers and their brake pads as well as rear drum brakes and their brake linings. (From a press release dated March 31, 2020)...

News  Updated at: 2020/03/31

Akebono Brake to supply brake products for Honda Fit Akebono Brake Industry Co., Ltd. (Akebono Brake) announced that it will supply front disk brake pads for the all-new Honda Fit. (From a press release dated March 13, 2020)...

News  Updated at: 2020/03/13