Shimano reports Q3 2025 results, completes JPY 50 bn share buyback

Shimano Inc. announced consolidated financial results for the first nine months of fiscal year 2025, with net sales increasing by 4.8% to JPY 351,020 million. Despite this growth, operating income decreased by 27.8% to JPY 36,565 million, ordinary income by 48.1% to JPY 30,248 million, and net income attributable to owners of parent by 61.0% to JPY 16,105 million. The full-year forecast for 2025 remains unchanged, projecting net sales of JPY 460,000 million and net income attributable to owners of parent of JPY 30,500 million.

The company also announced the completion of its share repurchase program, acquiring 2,603,300 shares of common stock for a total of JPY 49,999,769,500 by October 27, 2025, fulfilling the JPY 50,000,000,000 maximum authorized amount. This program, initiated in February 2025, aligned with the company’s shareholder return policy.

Shimano revised its annual dividend forecast for FY2025 to JPY 339.00 per share, up from JPY 309.00 in FY2024, with a third-quarter dividend of JPY 169.50 per share. This revision reflects the company's commitment to enhancing shareholder returns despite the reported decline in net income for the first nine months.