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 ...
Shimano is recalling nearly 700,000 bonded 11-Speed Hollowtech Road cranksets because the parts pose a crash risk to riders. The recalled bonded cranksets can "separate and break," causing consumers ...
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 ...
We lower our fair value estimate of Shimano 7309 to JPY 23,500 from JPY 25,000, as we now expect weaker near-term sales in Europe (making up over 65% of bicycle components revenue) and a longer period ...
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 ...
It’s Crankworx, and it’s always an interesting time for cycling brands and the media. Some brands are launching new or updated components, others are unveiling new bikes, and others are ...
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 ...