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Shimano earnings up; bike division not impacted by part shortages

July 27, 2021

Shimano only briefly mentioned the global bicycle part shortages in a typically terse first-half financial results announcement, which reported that sales in its bicycle product division were up 73.4% in the first half of its fiscal year, compared to the same period in 2020. Operating income in the bicycle division was up 152.1%. BRAIN