FilingReader Intelligence
Shimano slashes full-year profit forecast after interim underperformance
July 29, 2025 at 12:01 PM UTC•By FilingReader AI
Shimano Inc's second-quarter net income of 3.96 billion yen fell drastically short of its 23.8 billion yen forecast, despite sales slightly exceeding expectations at 237.4 billion yen.
The company revised its full-year net income forecast to 30.5 billion yen from 63.8 billion yen, while cutting sales projections to 460 billion yen from 470 billion yen. Higher operating expenses and foreign exchange losses impacted profitability.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Supplementary Source Documents
Notice Differences between Consolidated Forecast and Actual Results for the Second Quarter and Revisions to Consolidated Forecast for the Full YearJuly 29, 2025 at 06:30 AM UTC
Summary of consolidated financial results for the second quarter (interim) of the fiscal year ending December 2025 [Japanese GAAP]July 29, 2025 at 06:30 AM UTC
Consolidated Financial Results for the First Half of FY2025 (JGAAP)July 29, 2025 at 06:30 AM UTC
TSE:7309•Tokyo Stock Exchange
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