Shimano (SHM) 주식 개요는 자회사와 함께 자전거 부품, 낚시 도구 및 조정 장비를 개발, 생산 및 유통합니다. 자세히 보기SHM 펀더멘털 분석스노우플레이크 점수가치 평가2/6미래 성장1/6과거 실적0/6재무 건전성6/6배당4/6강점공정 가치 추정치보다 낮은 28.5% 에서 거래수익은 매년 16.49% 증가할 것으로 예상됩니다.위험 분석재무 결과에 영향을 미치는 대규모 일회성 항목이익 마진 (7.9%)이 지난해 (13.5%)보다 낮습니다.2.15% 의 배당금은 잉여현금흐름으로 잘 충당되지 않습니다.모든 위험 점검 보기SHM Community Fair Values Create NarrativeSee what 6 others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€92.457.8% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0611b2016201920222025202620282031Revenue JP¥606.0bEarnings JP¥47.7bAdvancedSet Fair ValueView all narrativesShimano Inc. 경쟁사toniesSymbol: DB:TNIEMarket cap: €1.2bHugo BossSymbol: XTRA:BOSSMarket cap: €2.5badidasSymbol: XTRA:ADSMarket cap: €26.7bGames Workshop GroupSymbol: LSE:GAWMarket cap: UK£6.5b가격 이력 및 성과Shimano 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가JP¥92.4552주 최고가JP¥131.4052주 최저가JP¥83.00베타0.411개월 변동-0.43%3개월 변동-6.24%1년 변동-23.28%3년 변동-35.98%5년 변동-47.77%IPO 이후 변동301.96%최근 뉴스 및 업데이트공지 • Mar 26Shimano Inc. to Report Q1, 2026 Results on Apr 23, 2026Shimano Inc. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Apr 23, 2026공지 • Feb 11+ 1 more updateShimano Inc. Provides Dividend Guidance for Second Quarter and Full End of the Fiscal Year Ending December 31, 2026Shimano Inc. provides Dividend guidance for second quarter and full year of the fiscal year ending December 31, 2026. For the quarter, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago. For the year end, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago.공지 • Feb 10+ 1 more updateShimano Inc., Annual General Meeting, Mar 24, 2026Shimano Inc., Annual General Meeting, Mar 24, 2026.공지 • Dec 16Shimano Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Shimano Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026공지 • Oct 28Shimano Inc. Provides Consolidated Earnings Guidance for Year Ending December 31, 2025Shimano Inc. provided consolidated earnings guidance for year ending December 31, 2025. For the year, the company expected net sales of JPY 460,000 million; Operating income of JPY 46,000 million; Net income attributable to owners of parent of JPY 30,500 million and Basic earnings per share of JPY 350.88.공지 • Sep 21Shimano Inc. to Report Q3, 2025 Results on Oct 28, 2025Shimano Inc. announced that they will report Q3, 2025 results on Oct 28, 2025더 많은 업데이트 보기Recent updates공지 • Mar 26Shimano Inc. to Report Q1, 2026 Results on Apr 23, 2026Shimano Inc. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Apr 23, 2026공지 • Feb 11+ 1 more updateShimano Inc. Provides Dividend Guidance for Second Quarter and Full End of the Fiscal Year Ending December 31, 2026Shimano Inc. provides Dividend guidance for second quarter and full year of the fiscal year ending December 31, 2026. For the quarter, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago. For the year end, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago.공지 • Feb 10+ 1 more updateShimano Inc., Annual General Meeting, Mar 24, 2026Shimano Inc., Annual General Meeting, Mar 24, 2026.공지 • Dec 16Shimano Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Shimano Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026공지 • Oct 28Shimano Inc. Provides Consolidated Earnings Guidance for Year Ending December 31, 2025Shimano Inc. provided consolidated earnings guidance for year ending December 31, 2025. For the year, the company expected net sales of JPY 460,000 million; Operating income of JPY 46,000 million; Net income attributable to owners of parent of JPY 30,500 million and Basic earnings per share of JPY 350.88.공지 • Sep 21Shimano Inc. to Report Q3, 2025 Results on Oct 28, 2025Shimano Inc. announced that they will report Q3, 2025 results on Oct 28, 2025공지 • Jun 17Shimano Inc. to Report Q2, 2025 Results on Jul 29, 2025Shimano Inc. announced that they will report Q2, 2025 results on Jul 29, 2025공지 • Mar 19Shimano Inc. to Report Q1, 2025 Results on Apr 23, 2025Shimano Inc. announced that they will report Q1, 2025 results on Apr 23, 2025공지 • Feb 12+ 1 more updateShimano Inc., Annual General Meeting, Mar 27, 2025Shimano Inc., Annual General Meeting, Mar 27, 2025.Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hiromi Wada was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공지 • Dec 19Shimano Inc. to Report Fiscal Year 2024 Results on Feb 12, 2025Shimano Inc. announced that they will report fiscal year 2024 results on Feb 12, 2025Reported Earnings • Oct 30Third quarter 2024 earnings released: JP¥26.43 loss per share (vs JP¥108 profit in 3Q 2023)Third quarter 2024 results: JP¥26.43 loss per share (down from JP¥108 profit in 3Q 2023). Revenue: JP¥118.0b (up 5.3% from 3Q 2023). Net loss: JP¥2.36b (down 124% from profit in 3Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.공지 • Oct 29Shimano Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Shimano Inc. revised consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company net sales of JPY 450,000 million, Operating income of JPY 66,000 million, Net income attributable to owners of parent of JPY 56,000 million and Basic earnings per share of JPY 626.92 compared to previous guidance of net sales of JPY 450,000 million, Operating income of JPY 66,000 million, Net income attributable to owners of parent of JPY 77,000 million and Basic earnings per share of JPY 862.01.Buy Or Sell Opportunity • Oct 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to €145. The fair value is estimated to be €183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.공지 • Sep 20Shimano Inc. to Report Q3, 2024 Results on Oct 29, 2024Shimano Inc. announced that they will report Q3, 2024 results on Oct 29, 2024Declared Dividend • Aug 02First half dividend of JP¥155 announcedShareholders will receive a dividend of JP¥155. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 98%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: JP¥224 (vs JP¥334 in 2Q 2023)Second quarter 2024 results: EPS: JP¥224 (down from JP¥334 in 2Q 2023). Revenue: JP¥116.3b (down 15% from 2Q 2023). Net income: JP¥20.0b (down 34% from 2Q 2023). Profit margin: 17% (down from 22% in 2Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.공지 • Jul 30+ 1 more updateShimano Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2024Shimano Inc. provided earnings guidance for the full year ending December 31, 2024. For the full year, the company expects net sales of JPY 450,000 million; Operating income of JPY 66,000 million; Net income attributable to owners of parent of JPY 77,000 million, Basic earnings per share of JPY 862.01.Upcoming Dividend • Jun 20Upcoming dividend of JP¥143 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.5%).공지 • Jun 19Shimano Inc. to Report Q2, 2024 Results on Jul 30, 2024Shimano Inc. announced that they will report Q2, 2024 results on Jul 30, 2024Buy Or Sell Opportunity • May 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to €157. The fair value is estimated to be €130, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.6%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.공지 • Apr 26Shimano Inc. (TSE:7309) announces an Equity Buyback for 1,000,000 shares, representing 1.11% for ¥26,000 million.Shimano Inc. (TSE:7309) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.11% of its issued share capital (excluding treasury stock), for ¥26,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, and to carry out flexible management that responds to changes in the corporate environment. The program will expire on March 31, 2025. As of March 31, 2024, the company had 89,822,000 issued shares (excluding treasury stock) and 56,057 treasury shares.Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: JP¥264 (vs JP¥223 in 1Q 2023)First quarter 2024 results: EPS: JP¥264 (up from JP¥223 in 1Q 2023). Revenue: JP¥100.6b (down 20% from 1Q 2023). Net income: JP¥23.7b (up 17% from 1Q 2023). Profit margin: 24% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.Declared Dividend • Apr 11Final dividend of JP¥143 announcedShareholders will receive a dividend of JP¥143. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 106%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공지 • Mar 17Shimano Inc. to Report Q1, 2024 Results on Apr 23, 2024Shimano Inc. announced that they will report Q1, 2024 results on Apr 23, 2024Reported Earnings • Feb 14Full year 2023 earnings released: EPS: JP¥677 (vs JP¥1,408 in FY 2022)Full year 2023 results: EPS: JP¥677 (down from JP¥1,408 in FY 2022). Revenue: JP¥474.4b (down 25% from FY 2022). Net income: JP¥61.1b (down 52% from FY 2022). Profit margin: 13% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.공지 • Feb 13+ 1 more updateShimano Inc. Provides Earnings Guidance for the First Half and Full Fiscal Year 2024Shimano Inc. provided earnings guidance for the first half and full fiscal year 2024. For the First half, the company expects net sales of JPY 190,000 million; Operating income of JPY 18,000 million; Net income attributable to owners of parent of JPY 21,000 million, Basic earnings per share of JPY 233.42.For the full year, the company expects net sales of JPY 420,000 million; Operating income of JPY 53,000 million; Net income attributable to owners of parent of JPY 54,000 million, Basic earnings per share of JPY 600.23.공지 • Dec 27Shimano Inc., Annual General Meeting, Mar 27, 2024Shimano Inc., Annual General Meeting, Mar 27, 2024.공지 • Dec 23Shimano Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024Shimano Inc. announced that they will report fiscal year 2023 results on Feb 13, 2024Upcoming Dividend • Dec 21Upcoming dividend of JP¥143 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).공지 • Oct 27Shimano Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023Shimano Inc. revised consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company now expects net sales of JPY 462,000 million, operating income of JPY 77,000 million, net income attributable to owners of parent of JPY 66,000 million and basic earnings per share of JPY 730.77 against net sales of JPY 450,000 million, operating income of JPY 70,000 million, net income attributable to owners of parent of JPY 69,000 million and basic earnings per share of JPY 763.24 as previously forecasted.New Risk • Oct 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 23% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.공지 • Oct 26Shimano Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2023Shimano Inc. provided year-end dividend guidance for the fiscal year ending December 31, 2023. For the year, the company expects to pay year-end dividend of JPY 142.50 per share against JPY 142.50 per share paid for the same period a year ago.공지 • Sep 22Shimano Inc. to Report Q3, 2023 Results on Oct 24, 2023Shimano Inc. announced that they will report Q3, 2023 results on Oct 24, 2023New Risk • Aug 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.공지 • Jul 26+ 2 more updatesShimano Inc. Provides Dividend Guidance for the Year Ending December 31, 2023Shimano Inc. provided dividend guidance for the year ending December 31, 2023. For the year the company expects to pay the dividend of JPY 142.50 per share against JPY 142.50 per share a year ago.Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: JP¥334 (vs JP¥437 in 2Q 2022)Second quarter 2023 results: EPS: JP¥334 (down from JP¥437 in 2Q 2022). Revenue: JP¥137.2b (down 14% from 2Q 2022). Net income: JP¥30.2b (down 24% from 2Q 2022). Profit margin: 22% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jun 22Upcoming dividend of JP¥143 per share at 1.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.3%).공지 • Jun 20Shimano Inc. to Report Q2, 2023 Results on Jul 25, 2023Shimano Inc. announced that they will report Q2, 2023 results on Jul 25, 2023Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: JP¥223 (vs JP¥314 in 1Q 2022)First quarter 2023 results: EPS: JP¥223 (down from JP¥314 in 1Q 2022). Revenue: JP¥126.1b (down 13% from 1Q 2022). Net income: JP¥20.2b (down 30% from 1Q 2022). Profit margin: 16% (down from 20% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Feb 15Full year 2022 earnings released: EPS: JP¥1,408 (vs JP¥1,253 in FY 2021)Full year 2022 results: EPS: JP¥1,408 (up from JP¥1,253 in FY 2021). Revenue: JP¥628.9b (up 15% from FY 2021). Net income: JP¥128.2b (up 11% from FY 2021). Profit margin: 20% (in line with FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 8.4% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공지 • Dec 23Shimano Inc., Annual General Meeting, Mar 29, 2023Shimano Inc., Annual General Meeting, Mar 29, 2023.Upcoming Dividend • Dec 22Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).공지 • Dec 18Shimano Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023Shimano Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥495 (vs JP¥324 in 3Q 2021)Third quarter 2022 results: EPS: JP¥495 (up from JP¥324 in 3Q 2021). Revenue: JP¥164.0b (up 26% from 3Q 2021). Net income: JP¥44.9b (up 50% from 3Q 2021). Profit margin: 27% (up from 23% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sadayuki Sakakibara was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: JP¥495 (vs JP¥324 in 3Q 2021)Third quarter 2022 results: EPS: JP¥495 (up from JP¥324 in 3Q 2021). Revenue: JP¥164.0b (up 26% from 3Q 2021). Net income: JP¥44.9b (up 50% from 3Q 2021). Profit margin: 27% (up from 23% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 6.9% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: JP¥437 (vs JP¥296 in 2Q 2021)Second quarter 2022 results: EPS: JP¥437 (up from JP¥296 in 2Q 2021). Revenue: JP¥159.6b (up 16% from 2Q 2021). Net income: JP¥39.8b (up 45% from 2Q 2021). Profit margin: 25% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.6% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Jun 22Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.9%).Buying Opportunity • Jun 14Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €192, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 3.1% per annum over the same time period.Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: JP¥314 (vs JP¥308 in 1Q 2021)First quarter 2022 results: EPS: JP¥314 (up from JP¥308 in 1Q 2021). Revenue: JP¥144.0b (up 14% from 1Q 2021). Net income: JP¥28.7b (flat on 1Q 2021). Profit margin: 20% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sadayuki Sakakibara was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: JP¥1,253 (up from JP¥685 in FY 2020). Revenue: JP¥546.5b (up 45% from FY 2020). Net income: JP¥115.9b (up 83% from FY 2020). Profit margin: 21% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.6%. Over the next year, revenue is expected to shrink by 2.2% compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Dec 23Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.5%).Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS JP¥324 (vs JP¥173 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥130.5b (up 26% from 3Q 2020). Net income: JP¥30.0b (up 87% from 3Q 2020). Profit margin: 23% (up from 15% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS JP¥296 (vs JP¥125 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥138.3b (up 66% from 2Q 2020). Net income: JP¥27.4b (up 138% from 2Q 2020). Profit margin: 20% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.Upcoming Dividend • Jun 23Upcoming dividend of JP¥77.50 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 02 September 2021. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (1.6%).Reported Earnings • Apr 29First quarter 2021 earnings released: EPS JP¥308 (vs JP¥212 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: JP¥126.4b (up 64% from 1Q 2020). Net income: JP¥28.6b (up 45% from 1Q 2020). Profit margin: 23% (down from 26% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.Is New 90 Day High Low • Mar 04New 90-day low: €187The company is down 4.0% from its price of €194 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €70.17 per share.Reported Earnings • Feb 12Full year 2020 earnings released: EPS JP¥685 (vs JP¥559 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥378.0b (up 4.1% from FY 2019). Net income: JP¥63.5b (up 23% from FY 2019). Profit margin: 17% (up from 14% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 11%, compared to a 10% growth forecast for the Leisure industry in Germany.Is New 90 Day High Low • Jan 19New 90-day high: €205The company is up 25% from its price of €164 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.72 per share.Upcoming Dividend • Dec 22Upcoming Dividend of JP¥77.50 Per ShareWill be paid on the 27th of March to those who are registered shareholders by the 29th of December. The trailing yield of 0.6% is below the top quartile of German dividend payers (3.5%), and is lower than industry peers (1.4%).Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS JP¥173The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: JP¥103.9b (up 19% from 3Q 2019). Net income: JP¥16.0b (down 11% from 3Q 2019). Profit margin: 15% (down from 21% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.Analyst Estimate Surprise Post Earnings • Nov 15Revenue beats expectationsRevenue exceeded analyst estimates by 25%. Over the next year, revenue is forecast to grow 7.3%, compared to a 12% growth forecast for the Leisure industry in Germany.Is New 90 Day High Low • Oct 31New 90-day high: €195The company is up 4.0% from its price of €187 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Leisure industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.58 per share.Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 25% at JP¥103.9b. Revenue is forecast to grow 6.4% over the next year, compared to a 11% growth forecast for the Leisure industry in Germany.Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥56.3b, largely unchanged from the prior year. Total revenue was JP¥357.9b over the last 12 months, down 1.6% from the prior year.Is New 90 Day High Low • Oct 12New 90-day low: €167The company is down 3.0% from its price of €173 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.93 per share.공지 • Oct 05Shimano Inc. to Report Q3, 2020 Results on Oct 27, 2020Shimano Inc. announced that they will report Q3, 2020 results on Oct 27, 2020공지 • Jun 21Shimano Inc. to Report Q2, 2020 Results on Jul 28, 2020Shimano Inc. announced that they will report Q2, 2020 results on Jul 28, 2020주주 수익률SHMDE LeisureDE 시장7D5.9%-2.2%-0.02%1Y-23.3%36.9%0.1%전체 주주 수익률 보기수익률 대 산업: SHM은 지난 1년 동안 36.9%의 수익을 기록한 German Leisure 산업보다 저조한 성과를 냈습니다.수익률 대 시장: SHM은 지난 1년 동안 0.1%를 기록한 German 시장보다 저조한 성과를 냈습니다.주가 변동성Is SHM's price volatile compared to industry and market?SHM volatilitySHM Average Weekly Movement4.2%Leisure Industry Average Movement5.4%Market Average Movement6.0%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.6%안정적인 주가: SHM는 지난 3개월 동안 German 시장에 비해 주가 변동성이 크지 않았습니다.시간에 따른 변동성: SHM의 주간 변동성(4%)은 지난 1년 동안 안정적이었습니다.회사 소개설립직원 수CEO웹사이트192110,242Yozo Shimanowww.shimano.com는 자회사와 함께 자전거 부품, 낚시 도구, 조정 장비를 개발, 생산, 유통하는 기업입니다. 일본, 북미, 유럽, 아시아 및 전 세계에서 사업을 운영하고 있습니다. 1921년에 설립되었으며 일본 사카이에 본사를 두고 있습니다.더 보기Shimano Inc. 기초 지표 요약Shimano의 순이익과 매출은 시가총액과 어떻게 비교됩니까?SHM 기초 통계시가총액€7.84b순이익 (TTM)€201.00m매출 (TTM)€2.55b39.0x주가수익비율(P/E)3.1x주가매출비율(P/S)SHM는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표SHM 손익계산서 (TTM)매출JP¥470.35b매출원가JP¥306.97b총이익JP¥163.38b기타 비용JP¥126.36b순이익JP¥37.02b최근 보고된 실적Mar 31, 2026다음 실적 발표일해당 없음주당순이익(EPS)433.45총이익률34.74%순이익률7.87%부채/자본 비율0%SHM의 장기 실적은 어땠습니까?과거 실적 및 비교 보기배당2.1%현재 배당 수익률80%배당 성향SHM는 안정적으로 배당을 지급합니까?SHM 배당 기록 및 벤치마크 보기다가오는 배당을 받으려면 언제까지 SHM를 매수해야 하나요?Shimano 배당 일정배당락일Jun 29 2026배당 지급일Sep 02 2026배당락일까지 남은 일수50 days배당 지급일까지 남은 일수115 daysSHM는 안정적으로 배당을 지급합니까?SHM 배당 기록 및 벤치마크 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 07:44종가2026/05/07 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Shimano Inc.는 23명의 분석가가 다루고 있습니다. 이 중 11명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Yusuke NishizakiBofA Global ResearchGraeme McDonaldCitigroup IncMorten PaulsenCLSA20명의 분석가 더 보기
공지 • Mar 26Shimano Inc. to Report Q1, 2026 Results on Apr 23, 2026Shimano Inc. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Apr 23, 2026
공지 • Feb 11+ 1 more updateShimano Inc. Provides Dividend Guidance for Second Quarter and Full End of the Fiscal Year Ending December 31, 2026Shimano Inc. provides Dividend guidance for second quarter and full year of the fiscal year ending December 31, 2026. For the quarter, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago. For the year end, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago.
공지 • Feb 10+ 1 more updateShimano Inc., Annual General Meeting, Mar 24, 2026Shimano Inc., Annual General Meeting, Mar 24, 2026.
공지 • Dec 16Shimano Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Shimano Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026
공지 • Oct 28Shimano Inc. Provides Consolidated Earnings Guidance for Year Ending December 31, 2025Shimano Inc. provided consolidated earnings guidance for year ending December 31, 2025. For the year, the company expected net sales of JPY 460,000 million; Operating income of JPY 46,000 million; Net income attributable to owners of parent of JPY 30,500 million and Basic earnings per share of JPY 350.88.
공지 • Sep 21Shimano Inc. to Report Q3, 2025 Results on Oct 28, 2025Shimano Inc. announced that they will report Q3, 2025 results on Oct 28, 2025
공지 • Mar 26Shimano Inc. to Report Q1, 2026 Results on Apr 23, 2026Shimano Inc. announced that they will report Q1, 2026 results at 3:30 PM, Tokyo Standard Time on Apr 23, 2026
공지 • Feb 11+ 1 more updateShimano Inc. Provides Dividend Guidance for Second Quarter and Full End of the Fiscal Year Ending December 31, 2026Shimano Inc. provides Dividend guidance for second quarter and full year of the fiscal year ending December 31, 2026. For the quarter, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago. For the year end, the company expects dividend of JPY 181.50 per share compared to JPY 169.50 per share a year ago.
공지 • Feb 10+ 1 more updateShimano Inc., Annual General Meeting, Mar 24, 2026Shimano Inc., Annual General Meeting, Mar 24, 2026.
공지 • Dec 16Shimano Inc. to Report Fiscal Year 2025 Results on Feb 10, 2026Shimano Inc. announced that they will report fiscal year 2025 results on Feb 10, 2026
공지 • Oct 28Shimano Inc. Provides Consolidated Earnings Guidance for Year Ending December 31, 2025Shimano Inc. provided consolidated earnings guidance for year ending December 31, 2025. For the year, the company expected net sales of JPY 460,000 million; Operating income of JPY 46,000 million; Net income attributable to owners of parent of JPY 30,500 million and Basic earnings per share of JPY 350.88.
공지 • Sep 21Shimano Inc. to Report Q3, 2025 Results on Oct 28, 2025Shimano Inc. announced that they will report Q3, 2025 results on Oct 28, 2025
공지 • Jun 17Shimano Inc. to Report Q2, 2025 Results on Jul 29, 2025Shimano Inc. announced that they will report Q2, 2025 results on Jul 29, 2025
공지 • Mar 19Shimano Inc. to Report Q1, 2025 Results on Apr 23, 2025Shimano Inc. announced that they will report Q1, 2025 results on Apr 23, 2025
공지 • Feb 12+ 1 more updateShimano Inc., Annual General Meeting, Mar 27, 2025Shimano Inc., Annual General Meeting, Mar 27, 2025.
Board Change • Dec 30Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Outside Director Hiromi Wada was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공지 • Dec 19Shimano Inc. to Report Fiscal Year 2024 Results on Feb 12, 2025Shimano Inc. announced that they will report fiscal year 2024 results on Feb 12, 2025
Reported Earnings • Oct 30Third quarter 2024 earnings released: JP¥26.43 loss per share (vs JP¥108 profit in 3Q 2023)Third quarter 2024 results: JP¥26.43 loss per share (down from JP¥108 profit in 3Q 2023). Revenue: JP¥118.0b (up 5.3% from 3Q 2023). Net loss: JP¥2.36b (down 124% from profit in 3Q 2023). Revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings.
공지 • Oct 29Shimano Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2024Shimano Inc. revised consolidated earnings guidance for the fiscal year ending December 31, 2024. For the year, the company net sales of JPY 450,000 million, Operating income of JPY 66,000 million, Net income attributable to owners of parent of JPY 56,000 million and Basic earnings per share of JPY 626.92 compared to previous guidance of net sales of JPY 450,000 million, Operating income of JPY 66,000 million, Net income attributable to owners of parent of JPY 77,000 million and Basic earnings per share of JPY 862.01.
Buy Or Sell Opportunity • Oct 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 4.3% to €145. The fair value is estimated to be €183, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.1% over the last 3 years. Earnings per share has declined by 16%. For the next 3 years, revenue is forecast to grow by 9.6% per annum. Earnings are also forecast to grow by 13% per annum over the same time period.
공지 • Sep 20Shimano Inc. to Report Q3, 2024 Results on Oct 29, 2024Shimano Inc. announced that they will report Q3, 2024 results on Oct 29, 2024
Declared Dividend • Aug 02First half dividend of JP¥155 announcedShareholders will receive a dividend of JP¥155. Ex-date: 27th December 2024 Payment date: 28th March 2025 Dividend yield will be 98%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (42% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Jul 31Second quarter 2024 earnings released: EPS: JP¥224 (vs JP¥334 in 2Q 2023)Second quarter 2024 results: EPS: JP¥224 (down from JP¥334 in 2Q 2023). Revenue: JP¥116.3b (down 15% from 2Q 2023). Net income: JP¥20.0b (down 34% from 2Q 2023). Profit margin: 17% (down from 22% in 2Q 2023). Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
공지 • Jul 30+ 1 more updateShimano Inc. Provides Earnings Guidance for the Full Year Ending December 31, 2024Shimano Inc. provided earnings guidance for the full year ending December 31, 2024. For the full year, the company expects net sales of JPY 450,000 million; Operating income of JPY 66,000 million; Net income attributable to owners of parent of JPY 77,000 million, Basic earnings per share of JPY 862.01.
Upcoming Dividend • Jun 20Upcoming dividend of JP¥143 per shareEligible shareholders must have bought the stock before 27 June 2024. Payment date: 04 September 2024. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.5%).
공지 • Jun 19Shimano Inc. to Report Q2, 2024 Results on Jul 30, 2024Shimano Inc. announced that they will report Q2, 2024 results on Jul 30, 2024
Buy Or Sell Opportunity • May 15Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 25% to €157. The fair value is estimated to be €130, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 5.6%. For the next 3 years, revenue is forecast to grow by 8.6% per annum. Earnings are also forecast to grow by 10% per annum over the same time period.
공지 • Apr 26Shimano Inc. (TSE:7309) announces an Equity Buyback for 1,000,000 shares, representing 1.11% for ¥26,000 million.Shimano Inc. (TSE:7309) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 shares, representing 1.11% of its issued share capital (excluding treasury stock), for ¥26,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency, and to carry out flexible management that responds to changes in the corporate environment. The program will expire on March 31, 2025. As of March 31, 2024, the company had 89,822,000 issued shares (excluding treasury stock) and 56,057 treasury shares.
Reported Earnings • Apr 24First quarter 2024 earnings released: EPS: JP¥264 (vs JP¥223 in 1Q 2023)First quarter 2024 results: EPS: JP¥264 (up from JP¥223 in 1Q 2023). Revenue: JP¥100.6b (down 20% from 1Q 2023). Net income: JP¥23.7b (up 17% from 1Q 2023). Profit margin: 24% (up from 16% in 1Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 8% per year.
Declared Dividend • Apr 11Final dividend of JP¥143 announcedShareholders will receive a dividend of JP¥143. Ex-date: 27th June 2024 Payment date: 4th September 2024 Dividend yield will be 106%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is well covered by both earnings (34% earnings payout ratio) and cash flows (31% cash payout ratio). The dividend has increased by an average of 14% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공지 • Mar 17Shimano Inc. to Report Q1, 2024 Results on Apr 23, 2024Shimano Inc. announced that they will report Q1, 2024 results on Apr 23, 2024
Reported Earnings • Feb 14Full year 2023 earnings released: EPS: JP¥677 (vs JP¥1,408 in FY 2022)Full year 2023 results: EPS: JP¥677 (down from JP¥1,408 in FY 2022). Revenue: JP¥474.4b (down 25% from FY 2022). Net income: JP¥61.1b (down 52% from FY 2022). Profit margin: 13% (down from 20% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings.
공지 • Feb 13+ 1 more updateShimano Inc. Provides Earnings Guidance for the First Half and Full Fiscal Year 2024Shimano Inc. provided earnings guidance for the first half and full fiscal year 2024. For the First half, the company expects net sales of JPY 190,000 million; Operating income of JPY 18,000 million; Net income attributable to owners of parent of JPY 21,000 million, Basic earnings per share of JPY 233.42.For the full year, the company expects net sales of JPY 420,000 million; Operating income of JPY 53,000 million; Net income attributable to owners of parent of JPY 54,000 million, Basic earnings per share of JPY 600.23.
공지 • Dec 27Shimano Inc., Annual General Meeting, Mar 27, 2024Shimano Inc., Annual General Meeting, Mar 27, 2024.
공지 • Dec 23Shimano Inc. to Report Fiscal Year 2023 Results on Feb 13, 2024Shimano Inc. announced that they will report fiscal year 2023 results on Feb 13, 2024
Upcoming Dividend • Dec 21Upcoming dividend of JP¥143 per share at 1.3% yieldEligible shareholders must have bought the stock before 28 December 2023. Payment date: 01 April 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).
공지 • Oct 27Shimano Inc. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2023Shimano Inc. revised consolidated earnings guidance for the fiscal year ending December 31, 2023. For the year, the company now expects net sales of JPY 462,000 million, operating income of JPY 77,000 million, net income attributable to owners of parent of JPY 66,000 million and basic earnings per share of JPY 730.77 against net sales of JPY 450,000 million, operating income of JPY 70,000 million, net income attributable to owners of parent of JPY 69,000 million and basic earnings per share of JPY 763.24 as previously forecasted.
New Risk • Oct 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 14% Last year net profit margin: 23% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company.
공지 • Oct 26Shimano Inc. Provides Year-End Dividend Guidance for the Fiscal Year Ending December 31, 2023Shimano Inc. provided year-end dividend guidance for the fiscal year ending December 31, 2023. For the year, the company expects to pay year-end dividend of JPY 142.50 per share against JPY 142.50 per share paid for the same period a year ago.
공지 • Sep 22Shimano Inc. to Report Q3, 2023 Results on Oct 24, 2023Shimano Inc. announced that they will report Q3, 2023 results on Oct 24, 2023
New Risk • Aug 15New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company.
공지 • Jul 26+ 2 more updatesShimano Inc. Provides Dividend Guidance for the Year Ending December 31, 2023Shimano Inc. provided dividend guidance for the year ending December 31, 2023. For the year the company expects to pay the dividend of JPY 142.50 per share against JPY 142.50 per share a year ago.
Reported Earnings • Jul 26Second quarter 2023 earnings released: EPS: JP¥334 (vs JP¥437 in 2Q 2022)Second quarter 2023 results: EPS: JP¥334 (down from JP¥437 in 2Q 2022). Revenue: JP¥137.2b (down 14% from 2Q 2022). Net income: JP¥30.2b (down 24% from 2Q 2022). Profit margin: 22% (down from 25% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥143 per share at 1.2% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 September 2023. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (2.3%).
공지 • Jun 20Shimano Inc. to Report Q2, 2023 Results on Jul 25, 2023Shimano Inc. announced that they will report Q2, 2023 results on Jul 25, 2023
Reported Earnings • Apr 26First quarter 2023 earnings released: EPS: JP¥223 (vs JP¥314 in 1Q 2022)First quarter 2023 results: EPS: JP¥223 (down from JP¥314 in 1Q 2022). Revenue: JP¥126.1b (down 13% from 1Q 2022). Net income: JP¥20.2b (down 30% from 1Q 2022). Profit margin: 16% (down from 20% in 1Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Feb 15Full year 2022 earnings released: EPS: JP¥1,408 (vs JP¥1,253 in FY 2021)Full year 2022 results: EPS: JP¥1,408 (up from JP¥1,253 in FY 2021). Revenue: JP¥628.9b (up 15% from FY 2021). Net income: JP¥128.2b (up 11% from FY 2021). Profit margin: 20% (in line with FY 2021). Revenue is forecast to stay flat during the next 3 years compared to a 8.4% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공지 • Dec 23Shimano Inc., Annual General Meeting, Mar 29, 2023Shimano Inc., Annual General Meeting, Mar 29, 2023.
Upcoming Dividend • Dec 22Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 29 December 2022. Payment date: 31 March 2023. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (2.9%).
공지 • Dec 18Shimano Inc. to Report Fiscal Year 2022 Results on Feb 14, 2023Shimano Inc. announced that they will report fiscal year 2022 results on Feb 14, 2023
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: JP¥495 (vs JP¥324 in 3Q 2021)Third quarter 2022 results: EPS: JP¥495 (up from JP¥324 in 3Q 2021). Revenue: JP¥164.0b (up 26% from 3Q 2021). Net income: JP¥44.9b (up 50% from 3Q 2021). Profit margin: 27% (up from 23% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 7.2% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sadayuki Sakakibara was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Oct 27Third quarter 2022 earnings released: EPS: JP¥495 (vs JP¥324 in 3Q 2021)Third quarter 2022 results: EPS: JP¥495 (up from JP¥324 in 3Q 2021). Revenue: JP¥164.0b (up 26% from 3Q 2021). Net income: JP¥44.9b (up 50% from 3Q 2021). Profit margin: 27% (up from 23% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 6.9% growth forecast for the Leisure industry in Europe. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: JP¥437 (vs JP¥296 in 2Q 2021)Second quarter 2022 results: EPS: JP¥437 (up from JP¥296 in 2Q 2021). Revenue: JP¥159.6b (up 16% from 2Q 2021). Net income: JP¥39.8b (up 45% from 2Q 2021). Profit margin: 25% (up from 20% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is expected to shrink by 1.6% compared to a 12% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Jun 22Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 29 June 2022. Payment date: 02 September 2022. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.1%. Lower than top quartile of German dividend payers (4.4%). Lower than average of industry peers (2.9%).
Buying Opportunity • Jun 14Now 24% undervalued after recent price dropOver the last 90 days, the stock is down 29%. The fair value is estimated to be €192, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Earnings per share has grown by 31%. For the next 3 years, revenue is forecast to grow by 1.6% per annum. Earnings is also forecast to grow by 3.1% per annum over the same time period.
Reported Earnings • Apr 28First quarter 2022 earnings released: EPS: JP¥314 (vs JP¥308 in 1Q 2021)First quarter 2022 results: EPS: JP¥314 (up from JP¥308 in 1Q 2021). Revenue: JP¥144.0b (up 14% from 1Q 2021). Net income: JP¥28.7b (flat on 1Q 2021). Profit margin: 20% (down from 23% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Outside Director Sadayuki Sakakibara was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 09Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: JP¥1,253 (up from JP¥685 in FY 2020). Revenue: JP¥546.5b (up 45% from FY 2020). Net income: JP¥115.9b (up 83% from FY 2020). Profit margin: 21% (up from 17% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 6.6%. Over the next year, revenue is expected to shrink by 2.2% compared to a 15% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Dec 23Upcoming dividend of JP¥118 per shareEligible shareholders must have bought the stock before 29 December 2021. Payment date: 31 March 2022. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.3%). Lower than average of industry peers (1.5%).
Reported Earnings • Oct 27Third quarter 2021 earnings released: EPS JP¥324 (vs JP¥173 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: JP¥130.5b (up 26% from 3Q 2020). Net income: JP¥30.0b (up 87% from 3Q 2020). Profit margin: 23% (up from 15% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 24% per year.
Reported Earnings • Jul 30Second quarter 2021 earnings released: EPS JP¥296 (vs JP¥125 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥138.3b (up 66% from 2Q 2020). Net income: JP¥27.4b (up 138% from 2Q 2020). Profit margin: 20% (up from 14% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 21% per year.
Upcoming Dividend • Jun 23Upcoming dividend of JP¥77.50 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 02 September 2021. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (1.6%).
Reported Earnings • Apr 29First quarter 2021 earnings released: EPS JP¥308 (vs JP¥212 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: JP¥126.4b (up 64% from 1Q 2020). Net income: JP¥28.6b (up 45% from 1Q 2020). Profit margin: 23% (down from 26% in 1Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.
Is New 90 Day High Low • Mar 04New 90-day low: €187The company is down 4.0% from its price of €194 on 04 December 2020. The German market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 19% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €70.17 per share.
Reported Earnings • Feb 12Full year 2020 earnings released: EPS JP¥685 (vs JP¥559 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: JP¥378.0b (up 4.1% from FY 2019). Net income: JP¥63.5b (up 23% from FY 2019). Profit margin: 17% (up from 14% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 12Revenue beats expectationsRevenue exceeded analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 11%, compared to a 10% growth forecast for the Leisure industry in Germany.
Is New 90 Day High Low • Jan 19New 90-day high: €205The company is up 25% from its price of €164 on 21 October 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Leisure industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €75.72 per share.
Upcoming Dividend • Dec 22Upcoming Dividend of JP¥77.50 Per ShareWill be paid on the 27th of March to those who are registered shareholders by the 29th of December. The trailing yield of 0.6% is below the top quartile of German dividend payers (3.5%), and is lower than industry peers (1.4%).
Reported Earnings • Nov 15Third quarter 2020 earnings released: EPS JP¥173The company reported a soft third quarter result with weaker earnings and profit margins, although revenues were improved. Third quarter 2020 results: Revenue: JP¥103.9b (up 19% from 3Q 2019). Net income: JP¥16.0b (down 11% from 3Q 2019). Profit margin: 15% (down from 21% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 18% per year.
Analyst Estimate Surprise Post Earnings • Nov 15Revenue beats expectationsRevenue exceeded analyst estimates by 25%. Over the next year, revenue is forecast to grow 7.3%, compared to a 12% growth forecast for the Leisure industry in Germany.
Is New 90 Day High Low • Oct 31New 90-day high: €195The company is up 4.0% from its price of €187 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Leisure industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €65.58 per share.
Analyst Estimate Surprise Post Earnings • Oct 29Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 25% at JP¥103.9b. Revenue is forecast to grow 6.4% over the next year, compared to a 11% growth forecast for the Leisure industry in Germany.
Reported Earnings • Oct 29Third quarter earnings releasedOver the last 12 months the company has reported total profits of JP¥56.3b, largely unchanged from the prior year. Total revenue was JP¥357.9b over the last 12 months, down 1.6% from the prior year.
Is New 90 Day High Low • Oct 12New 90-day low: €167The company is down 3.0% from its price of €173 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Leisure industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €68.93 per share.
공지 • Oct 05Shimano Inc. to Report Q3, 2020 Results on Oct 27, 2020Shimano Inc. announced that they will report Q3, 2020 results on Oct 27, 2020
공지 • Jun 21Shimano Inc. to Report Q2, 2020 Results on Jul 28, 2020Shimano Inc. announced that they will report Q2, 2020 results on Jul 28, 2020
