Akebono Brake Industry | Sustainability Performance
Manufactures brake systems and friction materials for automotive and industrial uses.
1929
Japan
5,001 - 10,000 employees
Automotive
$1B - 10B in revenue
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Sustainability Ranking & Industry Benchmark
#8185
Overallⓘ#375
in Japanⓘ#237
in AutomotiveⓘSustainability Maturity
ⓘSustainability Intent
ⓘOverview
Financial Data
Business performanceCapital & innovationAnalyst projections
Controversy level
- Akebono Brake Industry Co Ltd, Japanese major auto brake components, has faced sustained scrutiny over the historic 2014 USD 65 million US DOJ antitrust criminal cartel conviction (Japanese auto parts cartel including Akebono Brake) over alleged price coordination on brake parts sold to Japanese auto OEMs in the US, plus periodic class actions over alleged inadequate disclosure affecting Japanese institutional shareholders.
