Shimano continues to grow

Shimano reported a 13 percent increase in net sales to ¥182.7 billion (€1.81bn-$2.30bn) for the first nine months ended Sept. 30. Net income reached ¥20.5 billion (€202.8m-$257.8m), representing an increase of 79.3 percent from a year ago. Operating profit improved to ¥31.8 billion (€314.6m-$400.0m), compared with ¥22.7 billion in the ...

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