Shimano Inc.

7309

JP3358000002

Recreational Products

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-19 am EDT			5-day change	1st Jan Change
23,200 ^JPY	-3.09%		-3.69%	+6.25%

Feb. 13	Shimano Attributable Profit Down 52.3% in 2023 on Price Hikes, Sluggish Demand	MT
Feb. 13	Shimano Inc. Announces Dividend for the Fiscal Year Ended December 31, 2023, Payable on March 28, 2024; Provides Dividend Guidance for the Second Quarter and Full Year of 2024	CI

Shimano Inc. cancelled the acquisition of certain assets of cycle sports business from Pioneer Electronics Inc.

December 16, 2020

Shimano Inc. (TSE:7309) signed an agreement to acquire certain assets of cycle sports business from Pioneer Electronics (USA) Inc. on December 17, 2019. The transaction is expected to be completed by the end of March 2020. Shimano Inc. (TSE:7309) cancelled the acquisition of certain assets of cycle sports business from Pioneer Electronics (USA) Inc. on December 17, 2020.

Latest news about Shimano Inc.

Shimano Attributable Profit Down 52.3% in 2023 on Price Hikes, Sluggish Demand	Feb. 13	MT
Shimano Inc. Announces Dividend for the Fiscal Year Ended December 31, 2023, Payable on March 28, 2024; Provides Dividend Guidance for the Second Quarter and Full Year of 2024	Feb. 13	CI
Shimano Inc. Provides Earnings Guidance for the First Half and Full Fiscal Year 2024	Feb. 13	CI
Shimano's Nine-Month Profit Slumps 47%	23-10-24	MT
Shimano Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023	23-10-24	CI
Shimano Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2023	23-10-24	CI
Shimano's Attributable Net Income Falls 26.5% in H1 on Weaker Demand; Shares Down 3%	23-07-25	MT
Shimano Shares Slump After It Cuts Profit Guidance, Sees High Inventory	23-07-25	DJ
Shimano Inc. Provides Dividend Guidance for the Year Ending December 31, 2023	23-07-25	CI
Shimano Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023	23-07-25	CI
Shimano Inc. Announces Dividend for the Second Quarter Ended June 30, 2023, Payable on September 4, 2023	23-07-25	CI
Shimano's Q1 Profit Drops 29.7%; Shares Slip 10%	23-04-26	MT
Shimano Shares Skid After It Posts Net-Profit Drop, Lowers Guidance	23-04-25	DJ
Shimano Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-25	CI
Shimano Inc. announces an Equity Buyback for 700,000 shares, representing 0.77% for ¥17,500 million.	23-04-25	CI
Shimano Inc. Announces Dividend for the Second Quarter and Full Year Ended December 31, 2022, Provides Dividend Guidance for the Year Ending December 31, 2023	23-04-25	CI
Shimano Inc. Provides Dividend Guidance for the Second Quarter of the Year Ending December 31, 2023	23-04-25	CI
Shimano Inc. Provides Earnings Guidance for the First Half and Full Fiscal Year 2023	23-04-25	CI
Shimano Inc. authorizes a Buyback Plan.	23-04-24	CI
Shimano Inc.'s Equity Buyback announced on April 26, 2022, has expired.	23-03-30	CI
Kuehne+Nagel to Launch Distribution Center for Japanese Cycling Group Shimano in Belgium	22-12-28	MT
Paragon Globe Unit to Build, Design Factory in Johor, Malaysia; Shares Down 6%	22-10-13	MT
Tranche Update on Shimano Inc.'s Equity Buyback Plan announced on April 26, 2022.	22-08-09	CI
UBS Upgrades Shimano to Buy From Neutral, Adjusts Price Target to 28,600 Yen From 32,890 Yen	22-05-18	MT
Shimano Shares Fall Sharply on Disappointing Earnings As Cycling Boom Eases	22-04-26	DJ

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Company Profile

SHIMANO INC. is a Japan-based company mainly engaged in the manufacture and sale of bicycle components and fishing equipment. The Company operates in three business segments. The Bicycle Component segment is engaged in the manufacture and sale of freewheels, front gears, transmissions, brakes and other bicycle components. The Fishing Equipment segment is engaged in the manufacture and sale of reels, rods and fishing gears. The Others segment is engaged in the manufacture and sale of rowing related products. The Company is also engaged in the logistics business.

Sector

Recreational Products

Calendar

2024-04-22 - Q1 2024 Earnings Release

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Ratings for Shimano Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

23,200 JPY

Average target price

21,780 JPY

Spread / Average Target

-6.12%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Bicycle Manufacturing

	1st Jan change	Capi.
SHIMANO INC.	+6.25%	13.9B
MERIDA INDUSTRY CO., LTD.	+23.56%	2.12B
ZHONGLU.CO.,LTD	+95.66%	824M
KMC (KUEI MENG) INTERNATIONAL INC.	+4.94%	555M
SHANGHAI PHOENIX ENTERPRISE (GROUP) CO., LTD.	-14.80%	477M
JOY KIE CORPORATION LIMITED	-23.13%	392M
HL CORP (SHENZHEN)	-32.87%	224M
INNOX CORPORATION	-22.03%	124M
LEE CHI ENTERPRISES COMPANY LTD.	+1.61%	110M
IDEAL BIKE CORPORATION	+2.60%	96.64M

Bicycle Manufacturing

Shimano Inc.

Equities

7309

JP3358000002

Recreational Products

Shimano Inc. cancelled the acquisition of certain assets of cycle sports business from Pioneer Electronics Inc.

EPS Revisions