KK Shimano

7309

Equity

ISIN JP3358000002 / Valor 784523

Tokyo Stock Exchange (2024-09-18)

JPY 25,100.00+0.06%

KK Shimano
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About company

KK Shimano is a Japanese multinational manufacturer specializing in cycling components, fishing tackle, and rowing equipment.

Summarized from source with an LLMView SourceSector: Consumer Cyclicals

Net Sales

KK Shimano's net sales for the first half of FY2024 amounted to 216,887 million yen, representing a 17.6% decrease compared to the same period in the previous year. This decline reflects the ongoing weak demand for bicycles and fishing tackle.

Operating Income

For the first half of FY2024, KK Shimano reported an operating income of 30,955 million yen, which is a significant decrease of 42.6% from the first half of FY2023. The reduction in operating income is attributed to the overall decline in sales and market conditions.

Ordinary Income

KK Shimano's ordinary income for the first half of FY2024 was 55,625 million yen, marking an 18.7% decrease from the same period in the previous year. Despite the challenging market environment, the company managed to maintain a relatively stable ordinary income.

Net Income Attributable to Owners

In the first half of FY2024, KK Shimano's net income attributable to owners of the parent company was 43,704 million yen, a 13.2% decrease compared to the first half of FY2023. This decline is in line with the overall reduction in sales and operating income.

Dividend Information

KK Shimano has announced a dividend per share of 142.50 yen for the second quarter of FY2024, down from 154.50 yen in the same period of the previous year. The total forecasted dividend for FY2024 is 309.00 yen per share, reflecting a cautious approach in the current economic climate.

Summarized from source with an LLMView Source

Key figures

21.4%1Y

-29.2%3Y

55.0%5Y

Performance

28.6%1Y

33.8%3Y

33.4%5Y

Volatility