Shimano Starts 2012 with Growing Sales

Shimano Group managed to increase its net income by 217.2% to 6,998 million yen (59.7 million euro) during the first quarter of the fiscal year 2012, say the company's financial results. Net sales rose 22.7% to 62,472 million yen (532.9 million euro) while ordinary income increased 56.9% to 10,101 million yen (86.2 million euro).