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, originally and later , is a Japanese multinational
manufacturing company Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a ...
for
cycling Cycling, also known as bicycling or biking, is the activity of riding a bicycle or other types of pedal-driven human-powered vehicles such as balance bikes, unicycles, tricycles, and quadricycles. Cycling is practised around the world fo ...
components,
fishing tackle Fishing tackle is the equipment used by fishermen, anglers when fishing. Almost any equipment or gear used in fishing can be called fishing tackle, examples being fishing hook, hooks, fishing line, lines, fishing bait, baits/fishing lure, lures ...
and
rowing Rowing is the act of propelling a human-powered watercraft using the sweeping motions of oars to displace water and generate reactional propulsion. Rowing is functionally similar to paddling, but rowing requires oars to be mechanically a ...
equipment, which also produced
golf Golf is a club-and-ball sport in which players use various Golf club, clubs to hit a Golf ball, ball into a series of holes on a golf course, course in as few strokes as possible. Golf, unlike most ball games, cannot and does not use a standa ...
supplies until 2005 and
snowboarding Snowboarding is a recreational and competitive activity that involves descending a snow-covered surface while standing on a snowboard that is almost always attached to a rider's feet. It features in the Winter Olympic Games and Winter Paralym ...
gear until 2008. Named after founder Shozaburo Shimano (, 1894–1958) and headquartered in
Sakai is a city located in Osaka Prefecture, Japan. It has been one of the largest and most important seaports of Japan since the medieval era. Sakai is known for its '' kofun'', keyhole-shaped burial mounds dating from the fifth century. The ''kofun ...
,
Osaka Prefecture is a prefecture of Japan located in the Kansai region of Honshu. Osaka Prefecture has a population of 8,778,035 () and has a geographic area of . Osaka Prefecture borders Hyōgo Prefecture to the northwest, Kyoto Prefecture to the north, Nara ...
, the company has 32 consolidated and 11 unconsolidated
subsidiaries A subsidiary, subsidiary company, or daughter company is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unl ...
, with the primary manufacturing plants based in
Kunshan Kunshan is a county-level city in southeastern Jiangsu Province, Jiangsu province with Shanghai bordering its eastern border and Suzhou on its western boundary. It is under the administration of the prefecture-level city of Suzhou. Name Th ...
(
China China, officially the People's Republic of China (PRC), is a country in East Asia. With population of China, a population exceeding 1.4 billion, it is the list of countries by population (United Nations), second-most populous country after ...
),
Malaysia Malaysia is a country in Southeast Asia. Featuring the Tanjung Piai, southernmost point of continental Eurasia, it is a federation, federal constitutional monarchy consisting of States and federal territories of Malaysia, 13 states and thre ...
and
Singapore Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree ...
. In 2017, Shimano had net sales of
US $ The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introdu ...
3.2 billion, 38% in Europe, 35% in Asia, and 11% in North America. Bicycle components represented 80%, fishing tackle 19%, and other products 0.1%. The company is
publicly traded A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) co ...
, with 93 million shares of common stock outstanding. They are also the official neutral support for most of the
UCI World Tour The UCI WorldTour is the premier men's elite road cycling tour, sitting above the UCI ProSeries and various regional UCI Continental Circuits. It refers to both the tour of 38 events and, until 2019, an annual ranking system based upon perfor ...
.


Cycling

Shimano sales constitute an estimated 85% of the global
bicycle A bicycle, also called a pedal cycle, bike, push-bike or cycle, is a human-powered transport, human-powered or motorized bicycle, motor-assisted, bicycle pedal, pedal-driven, single-track vehicle, with two bicycle wheel, wheels attached to a ...
component market by value. Its products include drivetrain, brake, wheel, and pedal components for
road A road is a thoroughfare used primarily for movement of traffic. Roads differ from streets, whose primary use is local access. They also differ from stroads, which combine the features of streets and roads. Most modern roads are paved. Th ...
,
mountain A mountain is an elevated portion of the Earth's crust, generally with steep sides that show significant exposed bedrock. Although definitions vary, a mountain may differ from a plateau in having a limited summit area, and is usually higher t ...
, track, and hybrid bikes. The components include cranksets comprising cranks and chainrings,
bottom bracket The bottom bracket on a bicycle connects the crankset (chainset) to the bicycle and allows the crankset to rotate freely. It contains a spindle to which the crankset attaches, and the bearings that allow the spindle and crankset to rotate. The ...
s, chains, rear chain sprockets and cassettes, front and rear wheel hubs, gear shift levers, brakes, brake levers, cables, and front and rear dérailleurs.
Shimano Total Integration Shimano Total Integration (STI) is a gearshift system designed by Shimano for racing bicycles. It combines the braking and gear shifting controls into the same component. This allows shifting gears without having to remove a hand from the bars, u ...
(STI) is Shimano's integrated shifter and brake lever combination for road bicycles. The Italian firm
Campagnolo Campagnolo is an Italian manufacturer of high-end bicycle components with headquarters in Vicenza, Italy. The components are organised as groupsets (gruppi), and are a near-complete collection of a bicycle's mechanical parts. Campagnolo's flagsh ...
as well as US-based SRAM are Shimano's primary competitors in the cycling marketplace. When the 1970s United States
bike boom The bike boom or bicycle craze is any of several specific historic periods marked by increased bicycle enthusiasm, popularity, and sales. Prominent examples include 1819 and 1868, as well as the decades of the 1890s and 1970sthe latter espec ...
exceeded the capacity of the European bicycle component manufacturers, Japanese manufacturers SunTour and Shimano rapidly stepped in to fill the void. While both companies provided products for all price ranges of the market, SunTour also focused on refinement of existing systems and designs for higher-end products, while Shimano initially paid more attention to rethinking the basic systems and bringing out innovations such as Positron shifting (a precursor to index shifting) and
front freewheel A front freewheel or freewheel crank is a freewheel mechanism used on some bicycles which enables the drivetrain of the bicycle to continue spinning while the rider rolls, but stops pedaling, or ''coasts''. Unlike regular bicycles, a front freewh ...
systems at the low end of the market. In the 1980s, with Shimano pushing technical innovation and lower prices, the more traditional European component manufacturers lost significant market presence. During this period, in contrast to the near-universal
marketing Marketing is the act of acquiring, satisfying and retaining customers. It is one of the primary components of Business administration, business management and commerce. Marketing is usually conducted by the seller, typically a retailer or ma ...
technique of introducing innovations on the expensive side of the marketplace and relying on consumer demand to emulate early adopters along with
economy of scale In microeconomics, economies of scale are the cost advantages that enterprises obtain due to their scale of operation, and are typically measured by the amount of output produced per unit of cost (production cost). A decrease in cost per un ...
to bring them into the mass market, Shimano and SunTour (to a lesser extent) introduced new technologies at the lowest end of the bicycle market, using lower cost and often heavier and less durable materials and techniques, only moving them further upmarket if they established themselves in the lower market segments. In the 1980–1983 period, Shimano introduced three groupsets with "AX" technology: Dura-Ace and 600 (high-end), and Adamas in the low-end. Features of these components include aerodynamic styling, center-pull brakes, brake levers with concealed cables, and ergonomic pedals. By 1985 Shimano introduced innovation only at the highest quality level (Dura-Ace for road bikes and XT for mountain bikes), then trickled the technology down to lower production levels as it became proven and accepted. Innovations include index shifting (known as SIS, Shimano Index System introduced in 1984), freehubs, dual-pivot brakes, 8-9-10-speed drivetrains, and the integration of shifters and brake levers. Also, these components could only work properly when used with other Shimano components; for example, its rear derailleurs have to be used with the correct Shimano gear levers, cables, freehub, and cassette. SunTour tried to catch up, but by the end of the 1980s they had lost the technological and commercial battle, and Shimano had become the largest manufacturer of bicycle components in the world. Shimano's marketplace domination that developed in the 1990s quickly led to the perception by some critics that Shimano had become a marketplace bully with monopolistic intentions. This viewpoint was based on the fact that Shimano became oriented towards integrating all of their components with each other, with the result being that if any Shimano components were to be used, then the entire bike would need to be built from matching Shimano components. The alternative perspective is that by controlling the mix of components on the bicycle, a manufacturer such as Shimano can control how well their own product functions. Shimano's primary competitors (Campagnolo and SRAM) also make proprietary designs that limit the opportunity to mix and match componentry. In 2003 Shimano introduced "Dual Control" to mountain bikes, where the gear shift mechanism is integrated into the brake levers. This development was controversial, as the use of Dual Control integrated shifting for hydraulic disc brakes required using Shimano hydraulic disc brakes, locking competitors out of the premium end of the market. However, with their 2007 product line, Shimano moved back to making separate braking and shifting components fully available in addition to the integrated "Dual Control" components, a move to satisfy riders that wished to use Shimano shifting with other brands of disc brakes. Shimano in 1990 introduced the Shimano Pedaling Dynamics (SPD) range of clipless pedals and matching shoes, designed so that the shoes could be used for walking. The shoes have a recess in the bottom of the sole for fitting the smaller cleats and therefore it does not protrude, while conventional clipless road pedals are designed for road cycling shoes that have smooth soles with large protruding cleats, which are awkward for walking. The SPD range, in addition to other off-road refinements, was designed to be used with treaded soles that more closely resemble rugged hiking boots. SPD pedals and shoes soon established themselves as the market standard in this sector, although many other manufacturers have developed alternatives that may be less prone to being clogged by mud or easier to adjust. However, the SPD dominance in this sector has meant that alternative pedal manufacturers nearly always design their pedals to be usable with Shimano shoes, and likewise mountain bike shoe manufacturers make their shoes "Shimano SPD" compatible. SPD has spawned two types of road cleats that are incompatible with standard SPD pedals and some shoes – SPD-R and SPD-SL. SPD-R is a now-defunct pedal standard. SPD-SL is basically a copy of the standard Look clipless pedal system. It has a wide, one-sided platform and a triangular cleat that is Look three-bolt compatible.


Shimano products


Results

Alexi Grewal used a bicycle equipped with Shimano DynaDrive chainset and pedals (the remainder of the components on his bicycle were primarily Suntour and DiaCompe) to win the 1984 Olympic road race in Los Angeles. In the 1988
Giro d'Italia The Giro d'Italia (; ), also known simply as the Giro, is an annual stage race, multiple-stage bicycle racing, bicycle race primarily held in Italy, while also starting in, or passing through, other countries. The first race was organized in 19 ...
, Andrew Hampsten rode Shimano to its first Grand Tour victory. In 2002, world championships in both the road and
time trial In many racing sports, an sportsperson, athlete (or occasionally a team of athletes) will compete in a time trial (TT) against the clock to secure the fastest time. The format of a time trial can vary, but usually follow a format where each athle ...
disciplines were won on Shimano equipment. Alberto Contador's 2007 victory in the
Tour de France The Tour de France () is an annual men's multiple-stage cycle sport, bicycle race held primarily in France. It is the oldest and most prestigious of the three Grand Tour (cycling), Grand Tours, which include the Giro d'Italia and the Vuelta a ...
on a Shimano-equipped bicycle represents the first official General Classification victory in that race by a rider using Shimano components (Lance Armstrong originally won the TDF with Shimano in 1999 but was later disqualified due to drug use).


VIA

"VIA" ("Vehicle Inspection Association") is stamped on all Shimano parts. It is an official approval stamp used to certify parts of Japanese vehicles – including bicycles. This mark signifies compliance with certain quality standards.


Fishing

Shimano offers a range of
fishing tackle Fishing tackle is the equipment used by fishermen, anglers when fishing. Almost any equipment or gear used in fishing can be called fishing tackle, examples being fishing hook, hooks, fishing line, lines, fishing bait, baits/fishing lure, lures ...
s including reels, rods, lines, lures, as well as various fishing accessories, apparels and electronics. Among them, their spinning reels are their top-selling product series globally. Top spinning reels of this brand (Stella SW C) cost from $950-$1350.


Rowing

Shimano also offers a range of foot stretcher systems for rowing called SRD (Shimano Rowing Dynamics). The system consists of individualised rowing shoes and a foot stretcher to affix the shoes to.


Manufacturing

Shimano has 13,000 employees (2017). Shimano runs fabrications in Australia, China, Germany, India, Indonesia, Japan, Malaysia, Mexico, the Philippines, Singapore, Taiwan, Thailand, the United Kingdom, the United States, and Vietnam.


Partnerships

Shimano is a founding member of the Global Alliance for EcoMobility, an international partnership that works to promote EcoMobility and thus reduce citizens’ dependency on private motorized vehicles worldwide. The EcoMobility Alliance was founded by a group of leading global organizations on the occasion of the Climate Change Conference in Bali in December 2007.


Sponsorships

Shimano sponsors a wide range of organisations, cycling events and athletes. Some notable sponsees include: *
Tour de France The Tour de France () is an annual men's multiple-stage cycle sport, bicycle race held primarily in France. It is the oldest and most prestigious of the three Grand Tour (cycling), Grand Tours, which include the Giro d'Italia and the Vuelta a ...
, the most prestigious bicycle race in the world. *
Ironman Triathlon An Ironman Triathlon is one of a series of long-distance triathlon races organized by the World Triathlon Corporation (WTC), consisting of a swim, a bicycle ride and a marathon run completed in that order, a total of . It is widely consid ...
, long-distance triathlon races, widely considered one of the most difficult one-day sporting events in the world. *
Jonas Deichmann Jonas Deichmann (born 15 April 1987 in Stuttgart) is a best-selling author, adventurer, extreme athlete, and holder of multiple world records in cycling and endurance. He is a popular motivational speaker at German companies and sports teams. ...
, a German adventurer, extreme athlete and multiple world record holder. * Henrique Avancini, one of world’s best mountain bike racers. * USRowing, the national governing body for the sport of Rowing in the United States. * Ineos Grenadiers, a British professional cycling team.


Financial results


See also

* Comparison of hub gears * Daiwa


References


External links

*
History of Dura-Ace and Compatibility at Sheldonbrown.com

Cycling components specifications and compatibility charts, from 2004 to current
{{Authority control Companies based in Osaka Prefecture Companies listed on the Tokyo Stock Exchange Cycle parts manufacturers Fishing equipment manufacturers Japanese brands Japanese companies established in 1921 Manufacturing companies established in 1921 Manufacturing companies of Japan Midori-kai Sporting goods manufacturers of Japan Sportswear brands