Company Overview

Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company also plans and develops lifestyle gear products, such as apparel items, shoes, bags, and related items. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. The company was founded in 1921 and is headquartered in Sakai, Japan.

  • Name

    Shimano Inc.

  • CEO

    Yozo Shimano

  • Website

    www.shimano.com

  • Sector

    Leisure Products

  • Year Founded

    1921

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Bulls Say

  • The influx of new cyclists from the pandemic will translate to future upgrades and stable parts sales.

  • Government policies to promote cycling, such as subsidies as well as the construction of cycling-friendly roads and lanes, will lead to long-term growth above historical trajectory.

  • As greater numbers of commuters use e-bikes, Shimano should become the market leader in the e-bike component market with its STEPS product line.

Bears Say

  • New entrants in the electronic bike components market, such as Bosch, will increase competition and impact margins.

  • With the pandemic-driven cycling boom having ended, Shimano's top-line growth will be limited.

  • The combination of high inventory levels, fixed costs from record capital expenditures, and increasing competition would prevent margin expansion.

Source: Morningstar Analysis - Oct 30, 2025
TSE:7309