FilingReader Intelligence

Shimano nears settlement in US bicycle components lawsuit

August 4, 2025 at 12:49 AM UTCBy FilingReader AI

Shimano announced preliminary court approval for a settlement agreement in a California federal court lawsuit targeting its subsidiary Shimano North America Holding and others.

The lawsuit concerns Shimano's road bike rear 11-speed compatible Hollowtech II cranks sold in the United States. The preliminary approval was issued on July 29, 2025.

While Shimano finds the preliminary settlement acceptable, final court approval has not yet been obtained. The company anticipates the court's final decision will be made in early 2026.

Settlement details are currently withheld due to the ongoing approval process.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:7309Tokyo Stock Exchange

News Alerts

Get instant email alerts when Shimano publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →