Shimano’s Sales Expand 15 Percent In First Half

July 26, 2022

Shimano Inc. reported net income increased 22.4 percent in the first half ended June 30 as sales grew 14.7 percent.

Sales reached ¥303,686 million, up against ¥264,694 million. Operating income increased 15.7 percent to ¥80,909 million and ordinary income advanced 24.7 percent to ¥92,123 million. Net income increased 22.4 percent to ¥68,558 million against ¥56,007 million a year ago. SBG Media