Shimano Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, net sales were ¥63,278 million against ¥62,472 million for the same period of the previous year. Operating income was ¥9,755 million against ¥10,769 million a year ago. Net income was ¥7,652 million or ¥82.55 per basic share against ¥6,998 million or ¥75.49 per basic share reported last year. Income before income taxes and minority interest was ¥10,844 million against ¥9,913 million last year. The company has revised the forecast of consolidated earnings guidance for the first half ended June 30, 2013. For the period, the company now expects net sales of ¥125,000 million, operating income of ¥21,000 million, ordinary income of ¥22,000 million and net income of ¥15,000 million or ¥161.80 per share against net sales of ¥255,000 million, operating income of ¥43,000 million, ordinary income of ¥44,000 million and net income of ¥29,500 million or ¥318.21 per share expected previously.

Shimano Inc. announced that they will report Q1, 2013 results on Apr 23, 2013

Shimano Inc., Annual General Meeting, Mar 28, 2013., at 10:00 Tokyo Standard Time. Location: Manufaturing Technology Center. Agenda: To consider the business report, consolidated and non-consolidated financial statements for the year ended December 31, 2012; to consider the audit report of the financial statements for the period ended December 31, 2012; to consider the appropriation of surplus; and to consider the election of 5 directors.