japan

Shimano sales off to a strong start in 2018

OSAKA, Japan (BRAIN) — Shimano said a mild economic expansion in Europe, a buoyant labor market in North America, and a moderate recovery Japan contributed to a 5.1 percent net sales increase in its bicycle division in the opening quarter of 2018, compared to the same period last year. The bike division notched sales of 68 billion yen ($626 million) in the quarter. Operating income for the division increased 5.5 percent over the prior year, to 14.8 billion yen.  “In the U.S., consumer sentiment was strong, driven by the buoyant labor market, and business conditions turned firmer, mainly in the manufacturing sector,” the company said in its quarterly report Tuesday.

Yamaha soft-launching line of house-brand e-bikes at show

LAS VEGAS (BRAIN) — Yamaha, known for its motorcycles and powersports products, is raising the curtain — halfway, at least — on a new, four-model line of electric bikes that it will launch in the United States and Japan early next year.  Yamaha is displaying only prototypes at its booth at the Interbike show this week, and won’t publicly disclose spec and other details until a formal product introduction later this year. Company officials call the Interbike presence more of a “brand launch” than a product launch, and those looking for detailed information will be disappointed. At Interbike, interested retailers can learn more specifics under a nondisclosure agreement so they can include Yamaha in their 2018 buying plans

ACT Lab establishes sales and research office in Japan

LONG BEACH, Calif.

Taiwan’s complete bike exports down more than 18 percent in 2017

But the country's e-bike exports are on the rise and average unit price continues to increase. FRIEDRICHSHAFEN, Germany — Export figures supplied by Taiwan’s Ministry of Finance shared at a press conference organized by the Taiwan External Trade Development Council (TAITRA) on day two of Eurobike paint a rather bleak picture. The country’s complete bike exports, including e-bikes, are down 18.45 percent for the first half of 2017

Shimano bike sales down 3% in first half

OSAKA, Japan (BRAIN) — Shimano is reporting that its bike-related sales were down 2.7 percent in the company’s first half, which ended June 30. Operating income in the segment was down 11.5 percent. Shimano said retail sales of complete bikes in North America were at about the same level as the first half of 2016, which distributor inventory was “somewhat low” in North America.  Bike-related sales were 129,080 million yen ($1.15 billion); operating income was 27,063 million yen

Latest Shimano Ultegra group includes wider gearing options, Shadow rear derailleurs and more

OSAKA, Japan (BRAIN) — Shimano’s latest iteration of its Ultegra road group includes cassette options with up to 34-tooth cogs, Ultegra-branded disc brakes, a low-profile Shadow rear derailleur design, refined Di2 options and new wheels. The new R8000 group will be available with rim or disc brakes, with Di2 and mechanical shifting options for either brake system. Cassettes will be  available in 11-25, 11-28, 11-30, 11-32, 12-25, 14-28 and 11-34 tooth sizes.

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.

Weak sales in China, US market take toll on 2016 revenues at Giant

Sales down 5.5 percent last year. TAICHUNG, Taiwan (BRAIN) — Revenue at Giant Manufacturing, the world’s largest maker of bicycles, slumped last year driven down by weak sales in China and lower sales in the U.S. as high inventory levels and heavy discounting took its toll.

Tern bringing its non-folding urban bike line, Roji, to new markets

The line includes “mini velos” with small wheels. TAIPEI, Taiwan (BRAIN) — Tern is now distributing its non-folding bike line, Roji, to markets outside of Japan.

IRC looks to rebuild its brand in the US market among younger riders

TAIPEI, Taiwan (BRAIN) — For mountain bikers over 40, MTB tires from IRC were a “must have” back in the 1990s. But the Japanese company and its bicycle tires disappeared from the U.S. market after a disastrous fire at its South Korean factory pushed the company out of the market