Shimano

This article is about the Japanese sports gear manufacturer "Shimano". For pages named "Shinano", see Shinano.
Shimano, Inc.
Company typePublic KK
TYO: 7309
IndustryLeisure/Transport
FoundedFebruary 1921; 103 years ago (1921-02)
FoundersShozaburo Shimano
Headquarters3-77 Oimatsu-cho, Sakai-ku, Sakai City, Osaka Prefecture 590-8577, Japan
Key people
Yozo Shimano (CEO), Taizo Shimano (President)
Products
RevenueDecrease $ 2.420 billion (FY 2023)
(¥ 364.679 billion) (FY 2023)[1]
Decrease $ 0.433 billion (FY 2023)
(¥ 65.251 billion) (FY 2023)
Number of employees
13,000 (2017)[2]
WebsiteOfficial website
Footnotes / references
[3][4][5][6]

Shimano, Inc. (株式会社シマノ, Kabushiki-gaisha Shimano), originally Shimano Iron Works (島野鐵工所) and later Shimano Industries, Inc. (島野工業株式会社), is a Japanese multinational manufacturing company for cycling components, fishing tackle and rowing equipment, which also produced golf supplies until 2005 and snowboarding gear until 2008. Named after founder Shozaburo Shimano (島野庄三郎, 1894–1958) and headquartered in Sakai, Osaka Prefecture, the company has 32 consolidated and 11 unconsolidated subsidiaries, with the primary manufacturing plants based in Kunshan (China), Malaysia and Singapore.

In 2017, Shimano had net sales of US $3.2 billion, 38% in Europe, 35% in Asia, and 11% in North America. Bicycle components represented 80%, fishing tackle 19%, and other products 0.1%. The company is publicly traded, with 93 million shares of common stock outstanding.[7]

They are also the official neutral support for most of the UCI World Tour.

  1. ^ "Shimano annual sales down 30% in bike division", bicycleretailer.com
  2. ^ "Rad für die Welt". Archived from the original on 2022-04-10. Retrieved 2022-04-10.
  3. ^ "Company Profile". Archived from the original on September 8, 2022. Retrieved August 31, 2018.
  4. ^ "Company History". Archived from the original on October 7, 2023. Retrieved August 31, 2018.
  5. ^ "Shimano Financial Statements". Bloomberg Businessweek. Archived from the original on August 8, 2014. Retrieved August 3, 2014.
  6. ^ "Financial Statement 2017" (PDF). Archived from the original (PDF) on 27 April 2022. Retrieved 11 June 2018.
  7. ^ Summary of Consolidated Financial Results for FY2017 (English)