Shimano Inc.

Shimano Inc.

SHMDF
Shimano Inc.US flagOther OTC
110.06
USD
- -
- -
9.47BMarket Cap
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
5,324.48
4,764.6
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
388.18
606.35
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
203.62
- -
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
2,588.84
3,045.56
3,741.55
4,136.36
4,396.1
4,822.86
5,227.06
5,756.84
6,502.83
7,402.12
7,557.46
7,948.81
7,609.46
7,897.71
Tangible Book Value per Share
2,788.13
3,432.14
3,865.88
4,049.59
4,470.67
4,733.52
5,130.75
5,550.57
6,488.2
7,923.97
8,637.97
9,599.73
9,594.8
9,558.74
Basic Weighted Avg Shares
93
93
93
93
93
93
93
93
93
91
90
89
88
90
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
427,999
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
14.18
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
54,468
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
22.81
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
12.73
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
648,424
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
882,590
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
5.43
Return on Capital (%)
15
18.9
23.38
13.62
9.52
12.51
11.07
12.38
20.23
19.87
8.93
10.86
4.89
7.71
Return on Common Equity (%)
15.51
19.62
24.22
13.96
9.72
12.62
11.13
12.47
20.42
20.1
9.01
10.95
4.94
7.76

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
1,022
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2,370
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
90
90
89
Market Capitalization
1,913,409
2,006,629
2,175,590

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
652,753
675,984
719,524
Cash, Cash Equivalents & STI
493,933
506,586
548,981
Accounts Receivable, Net
31,602
39,101
41,692
Inventories
112,488
114,591
115,136
Total Current Liabilities
61,834
64,350
71,100
Payables & Accruals
- -
- -
- -
ST Debt
1,022
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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

FRC

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

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
263.69
- -
- -
- -
853.36
2025
- -
- -
- -
- -
388.18
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChatGPT
CEO
Yozo Shimano
Full Time Employees
10,242
Sector
Consumer Cyclical
Industry
Leisure
Address
3-77 Oimatsu-cho Sakai OS Japan 590-8577
IPO Date
Apr 21, 2011
Business
Shimano Inc. is a global leader in the design, manufacture, and sale of cycling components, fishing tackle, and rowing equipment. The company’s core products include bicycle drivetrains such as derailleurs, shifters, brakes, pedals, and wheels; fishing reels, rods, and accessories; and rowing equipment utilized by competitive athletes and enthusiasts. Shimano manufactures high-performance mechanical and electronic bicycle components under recognized product lines including Dura-Ace, Ultegra, and Deore. Its fishing tackle segment offers a broad range of items catering to diverse fishing styles across freshwater and saltwater markets. Founded in 1921, Shimano is headquartered in Sakai, Osaka, Japan, and maintains a significant presence worldwide with operations and distribution across Asia, Europe, North America, and other regions. The company serves global markets spanning recreational cyclists, professional sports teams, fishing enthusiasts, and rowing athletes through an extensive network of subsidiaries and distributors. In the past 1-2 years, Shimano has focused on strengthening its strategic alliances and expanding its product portfolio with innovations in electronic shifting technology for bicycles, such as the latest Di2 electronic drivetrain systems, which enhance performance and user experience. Additionally, Shimano has expanded its fishing tackle offerings by launching new reels and rods designed with advanced materials and ergonomic features to cater to evolving customer preferences. The company has also invested in sustainability initiatives aligned with global environmental standards, though it has not undergone any name changes or major rebranding recently. Shimano continues to emphasize R&D to maintain leadership in its core segments and expand into new geographic markets. Shimano operates primarily within the sporting goods industry, segmenting its business into cycling components, fishing tackle, and rowing products. Its target market includes professional and amateur athletes, outdoor enthusiasts, and distributors of sports equipment. Shimano’s extensive global supply chain and technical expertise underpin its competitive positioning in these markets. It remains a premier supplier known for innovation, quality, and comprehensive product offerings in the bicycling and fishing industries.

Company News

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