Shimano Inc. revised consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company now expects net sales of JPY 462,000 million, operating income of JPY 77,000 million, net income attributable to owners of parent of JPY 66,000 million and basic earnings per share of JPY 730.77 against 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 and basic earnings per share of JPY 763.24 as previously forecasted.