Shimano Inc.

Tokyo Stock Exchange 7309.T

Shimano Inc. Interest Coverage Ratio for the year ending December 31, 2023: 396.46

Shimano Inc. Interest Coverage Ratio is 396.46 for the year ending December 31, 2023, a -63.91% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.

Shimano Inc. Interest Coverage Ratio for the year ending December 31, 2022 was 1,098.44, a -14.07% change year over year.
Shimano Inc. Interest Coverage Ratio for the year ending December 31, 2021 was 1,278.35, a 63.85% change year over year.
Shimano Inc. Interest Coverage Ratio for the year ending December 31, 2020 was 780.21, a 15.87% change year over year.
Shimano Inc. Interest Coverage Ratio for the year ending December 31, 2019 was 673.38, a 111.17% change year over year.

Key data

Date	Interest Coverage Ratio	Debt to Equity Ratio	Interest Expense To Sales	Inventory Turnover Ratio

Tokyo Stock Exchange: 7309.T

Shimano Inc.

CEO	Mr. Yozo Shimano
IPO Date	Jan. 4, 2001
Location	Japan
Headquarters	3-77 Oimatsu-cho
Employees	9,703
Sector	Consumer Discretionary
Industries Leisure Athletics & Sports Automotive Parts Cleaning Supplies Composite Materials Eyewear Motorcycles Non-Alcoholic Beverages

Description

Shimano Inc. develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company also plans and develops lifestyle gear products, such as apparel items, shoes, bags, and related items. It has operations in Japan, Asia, Europe, North America, Latin America, and Oceania. The company was founded in 1921 and is headquartered in Sakai, Japan.

Key trends

Past 5 years