Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shimano, the world’s largest bicycle parts maker, will use its new plant in Singapore as a hub for exploring ...
SAKAI, Japan/TOKYO -- Japanese bicycle parts maker Shimano is facing a class action lawsuit in the U.S. from bike owners alleging the company "knowingly" marketed defective products.
Shimano has reported a 17.7% fall in sales of bicycle components in the first half of 2023, compared to the first half of last year. Net sales in the brand’s bicycle division fell to ¥205 billion ...
This story is part of Forbes’ coverage of Japan’s Richest 2024. See the full list here. In the sporting world, the more than century-old Tokyo-listed Shimano is known for its high-quality bicycle ...
Wide-moat Shimano’s March quarter sales were JPY 113 billion, up 13% year on year and largely in line with our estimate of JPY 111 billion. Meanwhile, quarterly operating profit reached JPY 16.1 ...