OSAKA, Japan - Shimano Inc. reported modest sales growth but a steep decline in profit for the first nine months of 2025, as global bicycle market corrections and foreign exchange losses weighed on its results.
OSAKA, Japan - Japanese manufacturing giant Shimano has been cited by the Japanese Fair Trade Commission for violating the Subcontract Act and failing to pay its 121 local subcontractors for storing materials on its behalf.
SponsoredShimano Europe has announced the relaunch of its State of the Nation report; a comprehensive study designed to inform, inspire, and highlight the company's advocacy projects across Europe.
EINDHOVEN, the Netherlands - Shimano announces that Marc van Rooij, president of the Shimano Europe Group, will leave the company by the end of 2025. Van Rooij has worked at Shimano for over 34 years in various management positions, including Shimano Benelux, Shimano Europe and Shimano Europe Holding. He has been president of the Shimano Europe Group since 2009.
STUTTGART, Germany - German Shimano distributor Paul Lange GmbH & Co. (PLG), a "leading importer and service partner" for Germany and seven other European countries, has absorbed Shimano Europe's custom bikewear brand Milremo. With this move, Paul Lange expands its portfolio "and reaffirms its commitment to providing customers with top-tier quality and comprehensive service in the future." No details were provided on the selling price.
OSAKA, Japan - The impact of the shift in trade policies announced earlier this year on the financial performance of the bicycle industry was not long in coming. As the main OEM supplier, Shimano reports a shift in trade flows and notes that the outlook remains uncertain due to the impact of global trade policies.
