Shimano Inc. provided earnings guidance for the first half and full fiscal year 2023. For the First half, the company expects net sales of JPY 254,200 million; Operating income of JPY 49,700 million; Net income attributable to owners of parent of JPY 38,700 million, Basic earnings per share of JPY 428.09.

For the full year, the company expects net sales of JPY 460,000 million; Operating income of JPY 83,000 million; Net income attributable to owners of parent of JPY 69,500 million, Basic earnings per share of JPY 768.79.