Booming Chinese Market Spurs Shimano's 2011 Sales

Shimano Group managed to increase its net income by 3.9% to 19,862 million yen (217.9 million euro) during the fiscal year 2011, say the company's financial results. Net sales rose 3.8% to 211,770 million yen (2,323 million euro) while ordinary income increased 14.2% to 31,701 million yen (347.9 million euro).