Shimano Sees Robust H1 Fishing Tackle Sales; Bike Business Remains Weak

July 28, 2026

Shimano, Inc., the Japan-based maker of bike components and fishing tackle, is reporting that the global economy generally maintained its solid footing during the first half of fiscal year 2026 ended June 30 (H1, first half). However, the company also said the economic outlook remained uncertain due to factors such as trends in the trade policies of various nations (re: U.S. tariffs) as well as rising geopolitical risks, such as rising energy prices against a backdrop of escalating tensions in the Middle East.

The company said interest in bicycles and fishing tackle continued in this environment as net sales for the first half increased 4.1 percent year-over-year (y/y) to ¥247,059 million (~$1.56 bn). Operating income decreased 3.1 percent y/y to ¥27,249 million (~$172 mm), ordinary income increased 151.6 percent y/y to ¥35,324 million (~$223 mm) as a result of foreign exchange gains and other factors, and net income attributable to owners of parent increased 605.5 percent y/y to ¥27,950 million (~$177 mm).