Shimano Inc.

7309

JP3358000002

Recreational Products

Market Closed - Japan Exchange Other stock markets 02:00:00 2024-04-26 am EDT			5-day change	1st Jan Change
25,100 ^JPY	-0.99%		+8.19%	+14.95%

Apr. 24	Shimano Shares Rise Sharply After Guidance Upgrade on China Road Bike Demand	DJ
Apr. 23	Shimano’s Attributable Profit Jumps 17.2% in Fiscal Q1	MT

Shimano Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023

July 25, 2023 at 02:30 am EDT

Shimano Inc. provided consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company expects net sales of JPY 450,000 million; Operating income of JPY 70,000 million; Net income attributable to owners of parent of JPY 69,000 million, Basic earnings per share of JPY 763.24.

Latest news about Shimano Inc.

Shimano Shares Rise Sharply After Guidance Upgrade on China Road Bike Demand	Apr. 23	DJ
Shimano’s Attributable Profit Jumps 17.2% in Fiscal Q1	Apr. 23	MT
Shimano Inc. announces an Equity Buyback for 1,000,000 shares, representing 1.11% for ¥26,000 million.	Apr. 23	CI
Shimano Inc. authorizes a Buyback Plan.	Apr. 22	CI
Shimano Attributable Profit Down 52.3% in 2023 on Price Hikes, Sluggish Demand	Feb. 13	MT
Shimano Inc. Announces Dividend for the Fiscal Year Ended December 31, 2023, Payable on March 28, 2024; Provides Dividend Guidance for the Second Quarter and Full Year of 2024	Feb. 13	CI
Shimano Inc. Provides Earnings Guidance for the First Half and Full Fiscal Year 2024	Feb. 13	CI
Shimano's Nine-Month Profit Slumps 47%	23-10-24	MT
Shimano Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023	23-10-24	CI
Shimano Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2023	23-10-24	CI
Shimano's Attributable Net Income Falls 26.5% in H1 on Weaker Demand; Shares Down 3%	23-07-25	MT
Shimano Shares Slump After It Cuts Profit Guidance, Sees High Inventory	23-07-25	DJ
Shimano Inc. Provides Dividend Guidance for the Year Ending December 31, 2023	23-07-25	CI
Shimano Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023	23-07-25	CI
Shimano Inc. Announces Dividend for the Second Quarter Ended June 30, 2023, Payable on September 4, 2023	23-07-25	CI
Shimano's Q1 Profit Drops 29.7%; Shares Slip 10%	23-04-26	MT
Shimano Shares Skid After It Posts Net-Profit Drop, Lowers Guidance	23-04-25	DJ
Shimano Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-04-25	CI
Shimano Inc. announces an Equity Buyback for 700,000 shares, representing 0.77% for ¥17,500 million.	23-04-25	CI
Shimano Inc. Announces Dividend for the Second Quarter and Full Year Ended December 31, 2022, Provides Dividend Guidance for the Year Ending December 31, 2023	23-04-25	CI
Shimano Inc. Provides Dividend Guidance for the Second Quarter of the Year Ending December 31, 2023	23-04-25	CI
Shimano Inc. Provides Earnings Guidance for the First Half and Full Fiscal Year 2023	23-04-25	CI
Shimano Inc. authorizes a Buyback Plan.	23-04-24	CI
Shimano Inc.'s Equity Buyback announced on April 26, 2022, has expired.	23-03-30	CI
Kuehne+Nagel to Launch Distribution Center for Japanese Cycling Group Shimano in Belgium	22-12-28	MT

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Company Profile

SHIMANO INC. is a Japan-based company mainly engaged in the manufacture and sale of bicycle components and fishing equipment. The Company operates in three business segments. The Bicycle Component segment is engaged in the manufacture and sale of freewheels, front gears, transmissions, brakes and other bicycle components. The Fishing Equipment segment is engaged in the manufacture and sale of reels, rods and fishing gears. The Others segment is engaged in the manufacture and sale of rowing related products. The Company is also engaged in the logistics business.

Sector

Recreational Products

Calendar

2024-06-26 - Ex-dividend day for dividende intermédiaire

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Ratings for Shimano Inc.

Trading Rating

Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

25,100 JPY

Average target price

22,796 JPY

Spread / Average Target

-9.18%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Bicycle Manufacturing

	1st Jan change	Capi.
SHIMANO INC.	+14.95%	14.31B
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LEE CHI ENTERPRISES COMPANY LTD.	+4.82%	112M
ERAAYA LIFESPACES LIMITED	+383.55%	99.94M

Bicycle Manufacturing

Shimano Inc.

Equities

7309

JP3358000002

Recreational Products

Shimano Inc. Provides Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023

EPS Revisions