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July 31, 2015 6:15 PM ET

Leisure Products

Company Overview of Shimano Inc.

Company Overview

Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company also plans and develops lifestyle gear, such as apparel items, shoes, bags, and related items. It has operations in Asia, Europe, Japan, North America, the Oceania, and South America. Shimano Inc. was founded in 1921 and is headquartered in Sakai, Japan.

3-77 Oimatsu-cho

Sakai-ku

Sakai,  590-8577

Japan

Founded in 1921

13,342 Employees

Phone:

81 7 2223 3210

Fax:

81 7 2223 3258

Key Executives for Shimano Inc.

President and Representative Director
Age: 67
Total Annual Compensation: $123.0M
Compensation as of Fiscal Year 2014.

Shimano Inc. Key Developments

Shimano Inc. to Report Q2, 2015 Results on Jul 28, 2015

Shimano Inc. announced that they will report Q2, 2015 results on Jul 28, 2015

Shimano Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Provides Dividend Guidance for the First Half and Fiscal Year of 2015; Provides Consolidated Earnings Guidance for the First Half and Fiscal Year of 2015

Shimano Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported net sales of JPY 98,022 million, ordinary income of JPY 27,218 million and net income of JPY 20,443 million or net income per basic share of JPY 220.53 compared with net sales of JPY 75,695 million, ordinary income of JPY 13,829 million and net income of JPY 9,980 million or net income per basic share of JPY 107.66 for the same period last year. Operating income was JPY 23,191 million against JPY 14,227 a year ago. Income before income taxes and minority interests was JPY 27,132 million against JPY 13,493 million a year ago. The company provided dividend guidance for the first half and fiscal year of 2015. For the first half, the company expects dividend of JPY 52.50 per share. For the year, the company expects dividend of JPY 52.50 per share. The company provided consolidated earnings guidance for the first half and fiscal year of 2015. For the year, the company expects net sales of JPY 357,000 million, operating income of JPY 76,500 million, ordinary income of JPY 80,500 million and net income of JPY 59,000 million or net income per share of JPY 636.43. For the first half, the company expects net sales of JPY 193,700 million, operating income of JPY 45,000 million, ordinary income of JPY 49,000 million and net income of JPY 36,500 million or net income per share of JPY 393.72.

Shimano Inc. to Report Q1, 2015 Results on Apr 28, 2015

Shimano Inc. announced that they will report Q1, 2015 results on Apr 28, 2015

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