Shimano Inc.

Shimano Inc.

104.50
EUR
-0.30
(-0.29%)
7.98BMarket Cap
Oct 27Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2,923.62
3,593.85
4,084.45
3,484.22
3,622.36
3,754.34
3,918.3
4,078.1
5,904.7
6,909.44
5,250.51
5,042.11
5,324.4
- -
Basic EPS, GAAP
378.49
552.69
821.86
549.76
414.69
581.77
559.14
684.7
1,252.61
1,408.21
676.75
853.36
388.17
- -
Free Cash Flow per Basic Share
248.33
252.03
558.96
340.18
572.49
270.73
451.11
681.69
993.7
906.88
907.31
462.5
203.61
- -
Dividend per Share
81.02
95.99
129.94
154.96
154.94
154.97
154.98
155.03
395.39
236.17
285.61
297.72
326.71
- -
Book Value per Share
2,912.37
3,562.5
3,995.33
4,213.69
4,641.85
4,890.06
5,275.94
5,709.69
6,697.74
8,166.34
8,905.19
9,907.21
10,041.65
10,284.8
Tangible Book Value per Share
2,778.21
3,422.1
3,856.04
4,041.41
4,468.98
4,732.02
5,129.12
5,545.2
6,522.38
7,947.42
8,660.77
9,626.97
9,702.52
9,919.43
Basic Weighted Avg Shares
93
93
93
93
93
93
93
93
93
91
90
89
88
86
Sales/Revenue/Turnover
271,037
333,168
378,645
322,998
335,800
348,035
363,230
378,040
546,515
628,909
474,362
450,993
466,243
- -
Operating Margin (%)
15.41
19.75
22.46
19.98
19.16
18.87
18.72
21.88
27.13
26.9
17.64
14.43
11.08
- -
Depreciation Expense
12,203
13,505
15,565
15,534
18,805
17,512
18,130
18,270
18,749
20,992
23,937
25,037
27,208
- -
Net Income, GAAP
35,088
51,237
76,190
50,964
38,443
53,931
51,833
63,472
115,937
128,178
61,142
76,329
33,991
- -
Effective Tax Rate (%)
22.32
25.41
24.08
25.6
29.5
24.27
27.36
25.1
24.46
26.23
26.47
22.34
39.39
- -
Profit Margin (%)
12.95
15.38
20.12
15.78
11.45
15.5
14.27
16.79
21.21
20.38
12.89
16.92
7.29
- -
Working Capital
175,181
213,641
245,388
253,475
293,468
310,279
337,590
369,522
447,016
550,146
590,919
655,659
607,202
597,572
LT Debt
3,179
2,707
2,109
1,525
1,049
528
960
1,608
2,300
2,298
2,370
2,319
2,607
- -
Total Equity
270,913
331,193
371,296
391,380
430,465
453,457
489,236
529,786
616,650
741,094
802,394
883,610
869,501
875,666
Return on Invested Capital (%)
12.56
15.31
17.25
12
10.62
10.94
10.26
11.87
18.85
17.64
7.79
5.92
3.52
- -
Return on Capital (%)
14.01
16.54
21.08
13.09
9.18
12.1
10.94
12.38
20.06
18.7
7.87
9
3.85
- -
Return on Common Equity (%)
14.45
17.07
21.75
13.39
9.37
12.21
11
12.47
20.25
18.9
7.93
9.07
3.88
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
89
86
85
Market Capitalization
2,210,985
1,425,802
1,483,012

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
719,524
- -
660,654
Cash, Cash Equivalents & STI
548,981
- -
463,717
Accounts Receivable, Net
41,692
- -
45,673
Inventories
115,136
- -
136,952
Total Current Liabilities
71,100
- -
63,082
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.03%
10.67%
-1.6%
Free Cash Flow
2.23%
-14.37%
-56.9%
Net Income, GAAP
1.15%
2.06%
-55.47%
Sales/Revenue/Turnover
3.49%
6.71%
3.38%
Total Cash Common Dividend
16.34%
28.81%
7.43%

Quarterly Revenue

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
100,557
116,330
- -
- -
450,993
2025
- -
- -
- -
- -
466,243
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
263.69
223.8
- -
- -
853.36
2025
- -
- -
- -
- -
388.17
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
297.72
2025
- -
- -
- -
- -
326.71
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yozo Shimano
Full Time Employees
10,242
Sector
Consumer durables
Industry
Motor vehicles
Address
3-77 Oimatsu-cho Sakai OS Japan 590-8577
IPO Date
Jul 1, 1972
Business
Shimano Inc. is a global leader in the design, manufacture, and distribution of precision-engineered components for bicycles, fishing tackle, and rowing equipment. Founded in 1921 and headquartered in Sakai, Osaka, Japan, the company develops and sells bicycle components including drivetrains, brakes, wheels, pedals, and electronic shifting systems; fishing tackle such as reels, rods, and accessories; and rowing equipment alongside lifestyle gear products including footwear, apparel, and bags. Shimano operates in over 50 countries with a broad geographic footprint spanning Oceania, Asia, Europe, North America, and Latin America. The bicycle components segment constitutes over 80% of the company's sales, reflecting its dominance in global cycling component markets. In recent years, Shimano has advanced its product portfolio notably with the introduction of fully wireless and semi-wireless electronic groupsets such as the XTR, Deore XT Di2, and GRX series, integrating intelligent shifting technologies to enhance user experience and ride customization. A major update in 2025 includes the refreshed EP Series e-bike drive units with improved heat management and connectivity features, enabling superior performance and compatibility with third-party accessories. In terms of corporate developments, Shimano revised its 2025 financial forecasts following a favorable but cost-increased second quarter and addressed a U.S. class action settlement regarding crank inspections and warranties. The company also continues its environmental commitment by increasing recyclable packaging and targeting a 30% reduction in CO2 emissions by 2030, alongside steady investments in R&D with expenditures exceeding ¥13 billion annually. Shimano’s product innovation spans high-performance mechanical and electronic bicycle components; advanced fishing reel mechanisms and rods; and other related outdoor sporting goods. The company sustains a strong competitive position through continuous technological enhancements, global expansion efforts focused on emerging markets in Asia-Pacific, and strategic partnerships in cycling and fishing sports. Shimano employs over 12,000 individuals worldwide and reported consolidated net sales of approximately ¥520 billion in fiscal year 2023, underpinning its status as a foundational and innovative player in the global cycling and fishing industries.

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