Preview - Please log in to view full article.

Article Date: July 2026
Word Count: 391

Shimano Raises Guidance after Strong Q2


With less of an impact from foreign exchange this year, the bottom line recovered to a profit of ¥15,136 million ($95.0 mm) in Q2 from a loss of ¥5,825 million last year, as a big jump in fishing tackle pushed revenues up 4% to ¥129,415 million ($812.1 mm) from ¥123,870 million. Bicycle component sales inched up 1% to ¥94,018 million, with operating income growing 34% to ¥12,272 million. Fishing outperformed with a 17% top-line improvement to ¥35,291 million, and segment income soared 60% to ¥4,583 million. Gross margin expanded by 250 ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.