Shimano’S Rise In Sales Means Huge Income Improvement

In the first nine months of 2010, Shimano had a 15.9 percent increase in net sales to ¥155.9 billion (€1.4bn-$1.9bn). The operating income jumped by 86.8 percent to ¥25.6 billion (€227.1m-$313.3m). The growth in ordinary income was a more modest 55.9 percent to ¥21.5 billion (€190.7m-$263.1m), but net income leapt ...

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