Shimano increases its TO and profits; expects trend to continue

Shimano Inc's total 2003 sales equalled 143645 million yen ($1.34bn), of which 106221 million yen ($990m) was made up of bicycle component sales. Total net profit after tax was 12249 million yen ($114.3m). An Excel spreadsheet from Shimano can be downloaded within...
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As can be seen from the links below, the Japanese bicycle parts manufacturer has been reporting good figures of late, although increased demand has seen product shortages in key areas.

In 2002, total sales were 134710 million yen with profit of 8064 million yen. Bicycle component sales rose by 12.4 percent over the 2002 total, with fishing tackle sales dropping by over six percent.

Shimano's 2004 projection predicts a rise to 150000 million yen total sales with 14600 million yen ($136.3m) net profit after tax.

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