Shimano’s net income increased by 44.4 percent to ¥19.894 billion...

Shimano’s net income increased by 44.4 percent to ¥19.894 billion (€126.389m-$191.876m) for the fiscal year ended Dec. 31. Net sales were up by 24.3 percent to ¥211.767 billion (€1,345m-$2,042m), and operating income grew by 49.9 percent to ¥31.336 billion (€199m-$302m). Sales of bicycle components were up by 28.54 percent from ...

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