Consumer Durables Shimano, Inc. Business Summary
Shimano, Inc. engages in the development, production and distribution of bicycle components, fishing tackle, and rowing equipments. It operates through the following segments: Bicycle Components, Fishing Tackle, and Others. The Bicycle Components segment manufactures and sells derailleur gears, brakes, wheel and other related products. The Fishing Tackle segment includes reels, rods, and fishing gears. The Others segment comprises of cold-forged products and rowing equipment. The company was founded by Shozaburo Shimano in February 1921 and is headquartered in Sakai, Japan.
Financial Highlights
Dec 2022
JPY USD Revenue 628,909M 4,781.57M Gross Profit 265,645M 2,019.68M Operating income 169,159M 1,286.10M Income before tax 174,112M 1,323.76M Net income 128,179M 974.54M EBITDA 190,151M 1,445.71M Diluted EPS 1,408.21 10.70 Dividends Per Share 260 1.97 Total Assets 826,413M 6,263.31M Total liabilities 85,316M 646.60M Total equity 740,109M 5,609.22M Operating cash flow 110,684M 841.52M Currency in JPY Currency in USD
Historical Data Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Revenue
348,035M
363,230M
378,040M
546,515M
628,909M
Gross Profit
143,744M
146,144M
160,281M
240,459M
265,645M
Operating income
65,688M
68,011M
82,702M
148,289M
169,159M
Income before tax
71,224M
71,393M
84,820M
153,728M
174,112M
Net income
53,932M
51,834M
63,473M
115,938M
128,179M
EBITDA
83,200M
86,141M
100,972M
167,038M
190,151M
Diluted EPS
581.76
559.14
684.70
1,252.61
1,408.21
Dividends Per Share
155
155
355
235
260
Total Assets
503,845M
538,769M
590,420M
705,370M
826,413M
Total liabilities
50,386M
49,530M
60,631M
88,717M
85,316M
Total equity
453,318M
489,085M
529,287M
615,992M
740,109M
Operating cash flow
49,593M
67,897M
91,050M
112,439M
110,684M
Dec 2018 Dec 2019 Dec 2020 Dec 2021 Dec 2022 Revenue
3,151.26M
3,332.05M
3,540.74M
4,974.05M
4,781.57M
Gross Profit
1,301.52M
1,340.63M
1,501.20M
2,188.51M
2,019.68M
Operating income
594.76M
623.89M
774.59M
1,349.63M
1,286.10M
Income before tax
644.89M
654.91M
794.42M
1,399.13M
1,323.76M
Net income
488.32M
475.49M
594.49M
1,055.19M
974.54M
EBITDA
753.33M
790.20M
945.70M
1,520.27M
1,445.71M
Diluted EPS
5.26
5.12
6.41
11.40
10.70
Dividends Per Share
1.40
1.42
3.32
2.13
1.97
Total Assets
4,592.30M
4,957.61M
5,718.63M
6,125.39M
6,263.31M
Total liabilities
459.24M
455.76M
587.25M
770.41M
646.60M
Total equity
4,131.77M
4,500.43M
5,126.51M
5,349.24M
5,609.22M
Operating cash flow
449.03M
622.84M
852.77M
1,023.35M
841.52M
Valuation Measures
Dec 2022
PER 14.85 ROA 16.73% ROE 18.90% Operating margin 26.89% Profit margin 20.38%
Key executives
Chairman & Chief Executive Officer:
Yozo Shimano
President & Representative Director:
Taizo Shimano
Representative Director & Vice President:
Takashi Toyoshima
Director, Manager-Administration & Accounting:
Takuma Kanai
Senior Managing Director & GM-SDA Promotions:
Masahiro Tsuzaki Shareholders
Minato Kosan KK (8.4%)
Nomura Asset Management Co., Ltd. (3.1%)
Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.0%)
First Eagle Investment Management LLC (2.7%)
BlackRock Fund Advisors (2.7%)
Three S Co. (Osaka) (2.3%)
Nippon Life Insurance Co. (2.3%)
The Vanguard Group, Inc. (2.2%)
Resona Holdings, Inc. (1.8%)
Pictet Asset Management SA (1.5%)
Contact Details Website: http://www.shimano.com Address:
3-77 Oimatsu-cho,
Sakai-Ku,
Sakai,
590-8577,
Japan
Phone:
+81.72.223.3210
Related Companies
Aifie Golf Shop
Pioneer Corp. /Cycle Sports Business/
PRO (Taiwan) Procurement Co. Ltd.
Shimano Menat Spor Etkinlikleri Spor Malzemeleri ve Ekipmanlar
Shimano Bisiklet Parca ve Ekipmanlari Satis Servis Ticaret AS
Shimano Cambodia Co. Ltd.
Shimano - Pearl Izumi Softgoods Division Europe GmbH
Shimano New Zealand Ltd.
Shimano Nordic Denmark ApS
Shimano (Shanghai) Sales Corp.
Shimano Australia Fishing Pty Ltd.
Shimano Latin America Representacao Comercial Ltda.
Shimano (Lianyungang) Industrial Co. Ltd.
Shimano Europe Retail Division BV
Shimano Italy Bicycle components SRL
Shimano (Philippines), Inc.
Shimano Nordic Cycle A/S
Shimano Nordic Cycle Oy
Shimano Taiwan Co. Ltd.
Shimano Belgium NV
Shimano Europe Bike Holding BV
Peninsula Precision Stamping Malaysia Sdn. Bhd.
Shimano Australia Pty Ltd.
Tsuriyoshi Co., Ltd.
PT Shimano Batam
Shimano Rinkai Co., Ltd.
Dunphy Holding Pty Ltd.
G. Loomis, Inc.
Kumamoto Fishing Tackle Co., Ltd.
Shimano Canada Ltd.
Competitors
Fox Factory Holding Corp.
Bafang Electric (Suzhou) Co., Ltd. Class A
Copyright © 2023 FactSet Research Systems Inc. All rights reserved.
Last Updated on 24 Mar, 2023
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