OSAKA, Japan - The 2024 financial report of Shimano Inc. indicates a rebound in sales in the second half of last year. However, in more detail the results look less promising for the international bicycle industry. The revenue in Europe and Taiwan was still down by double digits and the main growth market was China where revenue increased by almost 60%. In the long-term Shimano remains positive on bicycle sales, but the bicycle component manufacturer also points to the potential impact of geopolitical developments.

It's no secret that cycling in nature has its benefits, from getting fresh air to improving one's overall health. But proper mountain bike trails don't just appear by themselves. They take careful consideration and planning. That's why Shimano has pledged a sum of 10 million USD to global trail building projects over the next 10 years.

OSLO, Norway - The innovative software of BikeFolder might potentially create so much relevant data for the industry, that Shimano Nordic announced a partnership with the start-up in the Nordic region. BikeFolder offers a solution for bicycle manufacturers that gives them insights into where their products go once they leave the factory and what happens during their lifecycle.

EINDHOVEN, The Netherlands - Shimano Europe is extending its cooperation with GXO, a company that manages outsourced supply chains and warehousing, to perform logistic services across Europe. The component manufacturer will now move its warehouse operations in Belgium to GXO's facility in Venray, the Netherlands.

SCHWEINFURT, Germany - No other product in the industry is so sorely missing validated market data than e-bike drive systems. The market dominance of Bosch is obvious, but what about the other suppliers and how many other brands are relevant anyway?

OSAKA, Japan - Market recovery hasn't come as rapidly as Shimano had still foreseen in its first half year results published in July. The Q3 results the company published today still reveal challenging market conditions which the Japanese component manufacturer partly attributes to unfavorable weather conditions in Europe during spring, as well as the inventory bubble.