Shimano reports modest sales increase in 2025

Shimano's final 2025 financial results show that the company increased its sales of bike components by 2.7%, while its operating income continued to decrease and was down 21% year-on-year. Regionally, Shimano said Europe was the bright spot. Sales there jumped up by nearly 30% to some US$1.28 billion, which the company attributed in part to favourable weather. In contrast, sales in China fell by more than a third, with Shimano saying the road bike boom is easing even as interest in sport riding remains. The US was up by 3.2%, but was heavily impacted by broader economic and geopolitical uncertainties. Despite the declining sales since the all-time-high results of 2022 and the decline in profits, Shimano's revenue has remained higher than in the years prior to 2020 and the Covid-19 pandemic.