Shimano Inc. Reports Mixed Earnings for FY2025
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Shimano Inc. reported mixed earnings for the first nine months of FY2025, with net sales increasing by 4.8% to 351,020 million yen. However, operating income fell by 27.8% and ordinary income by 48.1%, largely due to foreign exchange losses. The bicycle components segment saw a 4.9% sales increase, while the fishing tackle segment rose by 4.6%. Despite challenges, Shimano forecasts a modest 2% increase in net sales for the full fiscal year, but expects continued difficulties in operating income due to market uncertainties.
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