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Shimano reports that supply and demand adjustments continued, and market inventories remained high globally. – Photo Shimano

Shimano reports weak sales while outlook remains slow

OSAKA, Japan - Bicycle component manufacturer Shimano reports that demand for bicycles continued to be weak at the start of the year. In the first...

The new Essa system is compatible with Shimano’s current 8-speed Hyperglide systems. – Photos Shimano

Shimano targets entry-level cyclists with new component system

OSAKA, Japan - Shimano has launched a new affordable component system, Shimano Essa, which will be compatible with the bicycle component maker's...

In Shimano’s main markets in Europe, Germany, the Netherlands and Belgium interest for bicycles remained strong. – Photo Shimano

Shimano loses 29% in turnover and half its profit in 2023

OSAKA, Japan - The financial consequences of high inventory in the market accelerated in the fourth quarter of last year for bicycle and parts...

Velofollies showed that the Benelux market is in a buoyant mood. – Photos Bike Europe

Velofollies defies industry gloom with well-placed optimism

KORTRIJK, Belgium - Full halls, wide smiles, and positive energy… the mood at Velofollies in late January was in stark contrast to many of the...

According to its website, Shimano supplier Kwang Li Industry Sdn Bhd was founded in 1992 to provide services for the assembly of bicycle components. – Photo Kwang Li Industry

Shimano under fire: Reports of modern slavery at Malaysian supplier

PEKAN NENAS, Malaysia - Shimano is having to investigate one its Malaysia suppliers, Kwang Li Industry, following an investigation by a UK newspaper...

For Shimano the outlook remains rather uncertain due to the high inventories. – Photo Shimano

Shimano sees high demand as a long-term trend

OSAKA, Japan - Shimano reports a big difference in market performance between Europe and North America. In its January-October 2023 financial...

The issue with the Shimano Hollowtech II crankset is being treated differently throughout the world. – Photo Shimano

Shimano widens Hollowtech crank inspection to global level

EINDHOVEN, the Netherlands - Shimano has issued a voluntary inspection and replacement program for its bonded 11-Speed Hollowtech II road cranksets....

The Shimano 105 R7100 Mechanical 12-speed groupset completes the 12-speed road family. – Photos Shimano

Shimano adds new 12-speed mechanical groupsets to 105 and GRX ranges

OSAKA, Japan - Shimano has announced two new mechanical groupset introductions. The Shimano 105 12-speed Mechanical groupset completes the 12-speed...

Shimano reports that consumer confidence has slowly started to pick up in Europe. – Photo Shimano

Shimano sees big opportunities to enhance market potential

OSAKA, Japan - Shimano regards 2023 as an "in-between year" as Marc van Rooij, President Shimano Europe Group already explained at Eurobike. This is...

According to Shimano the interest in bicycles continues to be high in Europe. – Photo Shimano

Shimano forecast reflects ongoing concerns over 2023 market

OSAKA, Japan - The forecasted slowdown in bicycle component sales for Shimano was less strong than expected. For the first quarter of 2023 the...