• Akebono Brake will sell about half of its 70% stake in Akebono Corporation (Guangzhou) to joint venture partner Fujiwa Machinery Industry (Kunshan).
• Akebono Corporation (Guangzhou) will also carry out a third-party capital increase with about 18% subscribed by Kunshan Technical Automotive Center, part of Lioho Group.
• Post-transaction ownership is set to shift to 30% for Akebono Brake, 55% for Fujiwa, 15% for Kunshan Technical Automotive Center.
• Agreement signing is scheduled for April 27, 2026, with closing targeted for June 30, 2026.
• Akebono Brake expects a gain of about JPY 300 million in consolidated results and about JPY 1 billion in non-consolidated results for fiscal year ending March 31, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Akebono Brake Industry Co. Ltd. published the original content used to generate this news brief on April 17, 2026, and is solely responsible for the information contained therein.