Shimano Net Income Nearly Halved

OSAKA, Japan (July 30) – Over its fiscal year 2001, which ended on December 31, 2001, Shimano, Inc. reported lowered annual figures. Net group sales over 2001 totaled JPY 125.5 billion (US$ 951 million), down from JPY 143 billion in 2000. Net income nearly halved to JPY 5.7 billion (US$ 42.8 million) or JPY 41.5