Shimano has reported that its total sales for the first...

2009-05-27T00:00:00

Shimano has reported that its total sales for the first quarter of 2009 fell by 18.9 percent to ¥45.1 billion (€340.7m-$475.6m), though it managed to eke out a 2.9 percent increase in net income to ¥5.5 billion (€41.5m-$58.0m) thanks to an increase in non-operating income and lower taxes. The gross ...

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