depreciation

Shimano bike component sales nearly flat in first quarter

Net sales in the bike division were down 0.9 percent in Q1. OSAKA, Japan (BRAIN) — Shimano’s bike-related sales were down 0.9 percent in the first quarter compared with the same period last year, while operating income in the segment was down 3.2 percent. Recording sales that were almost equal to the first quarter of last year is nothing to crow about: The first quarter of 2016 was devastating for much of the bike industry, and  Shimano’s bike-related sales in Q1 last year were down 20 percent from 2015 .  The company said the European and U.S.

Shimano sales up 26% in first half

Bike-related sales were up nearly 30 percent. OSAKA, Japan (BRAIN) — Shimano Inc

Shimano sales up 30 percent in first quarter

Bike-related sales lead the way with 34 percent gain.

Shimano sales jump 23 percent in 2014

OSAKA, Japan (BRAIN) — Shimano pocketed an extra $518.7 million last year as sales hit $2.8 billion (333.168 billion yen), with most of the increase coming from the company’s cycling division. Sales of bike components rose 26 percent to $2.3 billion (273.955 billion yen) as the company picked up market share from its competitors

Shimano sales grow 8 percent through June

OSAKA, Japan (BRAIN) — Shimano’s overall sales through June were $1.4 billion (133.1 billion yen), up from $1.3 billion (123.6 billion yen) over the first six months last year. And the company’s bike business continues to dominate Shimano’s good news: bicycle component sales were $1.1 billion (106.1 billion yen), an 8 percent increase over last year. Bike sales now account for 80 percent of Shimano’s total sales.