Shimano makes new investments

2017-02-22T00:00:00

Shimano's sales dropped by 14.7 percent in 2016 to 323,000 million yen (€2.68bn-$2.86bn), with a strong performance in Europe being offset by weak bicycle sales in Japan. Despite disappointing sales, Shimano said it made “vigorous” investments in its manufacturing capabilities in Japan as well as overseas, in a bid to ...

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