Shimano, Inc., founded in February 1921 by Shozaburo Shimano, is a Japanese multinational manufacturer of cycling components, fishing tackle, and rowing equipment. Originally named Shimano Iron Works, the company is headquartered in Sakai, Osaka Prefecture, Japan. Yozo Shimano serves as CEO, while Taizo Shimano is the President. Shimano has 49 consolidated subsidiaries, with primary manufacturing plants in Kunshan (China), Malaysia, and Singapore.
Shimano is known for its innovation and quality, holding an estimated 85% of the global bicycle component market by value. Their products include drivetrain, brake, wheel, and pedal components for various bike types. In addition to cycling, Shimano has a significant presence in the fishing tackle market. In 2024, Shimano recorded revenue of US$2.87 billion, with bicycle components accounting for 76.6% and fishing tackle 23.3%. Shimano is a publicly traded company on the Tokyo Stock Exchange.
Recent news indicates that Dave Pfeiffer will step down as President of Shimano North America Fishing on March 31, 2026, to be succeeded by Jason Livermore on April 1. Pfeiffer will transition to the role of Vice Chairman and Executive Advisor. Shimano's financial report for 2025 revealed a 2.7% year-over-year increase in cycling-related net sales, marking the first sales growth since 2022.
