- JP-listed companies
- SHIMANO INC.
SHIMANO INC.JP:7309
Market cap
¥2.35T
P/E ratio
38.3x
| Dec 31, 2012 | Dec 31, 2013 | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | |
| Profit (loss) before income taxes | 38,477 | 45,222 | 68,553 | 100,399 | 68,402 | 54,563 | 71,224 | 71,393 | 84,820 | 153,728 | 174,112 | 83,438 |
| Depreciation | 10,222 | 12,203 | 13,505 | 15,565 | 15,534 | 18,805 | 17,512 | 18,130 | 18,270 | 18,749 | 20,992 | 23,937 |
| Impairment losses | - | 12 | 1,516 | 362 | 869 | 144 | 266 | - | - | - | 733 | 909 |
| Increase (decrease) in allowance for doubtful accounts | -86 | 5 | -90 | 53 | -54 | 142 | -53 | 108 | 40 | -207 | -39 | 13 |
| Loss on free inspection | - | - | - | - | - | - | - | - | - | - | - | 2,762 |
| Interest and dividend income | -1,062 | -1,078 | -1,818 | -1,544 | -1,915 | -2,619 | -4,344 | -4,692 | -2,592 | -2,238 | -6,628 | -21,112 |
| Interest expenses | 334 | 333 | 338 | 328 | 161 | 184 | 206 | 101 | 106 | 116 | 154 | 211 |
| Foreign exchange losses (gains) | 2,006 | -3,182 | -2,693 | -11,616 | -4,517 | 10,062 | -6,855 | 2,295 | 1,966 | -3,053 | -1,065 | 3,581 |
| Decrease (increase) in trade receivables | -1,271 | -861 | -4,899 | -948 | 2,168 | -707 | -4,443 | 2,519 | -2,340 | -12,496 | -1,594 | 25,141 |
| Decrease (increase) in inventories | -5,360 | 4,155 | -13,767 | 4,945 | 3,586 | -2,399 | -8,526 | -5,703 | -6,212 | -24,651 | -23,939 | 20,251 |
| Increase (decrease) in trade payables | 1,520 | 420 | 3,442 | -4,176 | 903 | 719 | 1,258 | -274 | 5,348 | 4,384 | -4,821 | -10,177 |
| Decrease (increase) in retirement benefit asset | - | - | - | - | - | - | - | - | - | - | -2,645 | -158 |
| Increase (decrease) in retirement benefit liability | - | - | 556 | 76 | 1,297 | 32 | -686 | -117 | -318 | -835 | -945 | -48 |
| Loss on factory reconstruction | 1,061 | 1,730 | 950 | 348 | 555 | 1,039 | 258 | 184 | 271 | 461 | 1,132 | 1,396 |
| Increase (decrease) in provision for product warranties | - | - | - | - | - | - | - | - | - | - | 990 | 15,459 |
| Subsidiary's restructuring expense | - | - | - | - | - | - | - | - | - | - | 491 | - |
| Loss (gain) on sale of shares of subsidiaries | - | - | - | - | - | - | - | - | - | - | 98 | - |
| Loss (gain) on sale and retirement of property, plant and equipment | 46 | 123 | 120 | 151 | 183 | 101 | -685 | -2,238 | 559 | 465 | 96 | 15 |
| Other, net | 1,314 | 1,814 | 2,336 | -1,164 | -1,212 | 2,579 | -2,466 | 501 | 5,406 | 3,393 | -772 | -6,916 |
| Subtotal | 46,295 | 61,457 | 67,498 | 102,739 | 86,137 | 82,649 | 65,242 | 81,064 | 101,695 | 136,189 | 155,357 | 138,705 |
| Interest and dividends received | 1,114 | 1,088 | 1,801 | 1,527 | 1,713 | 2,580 | 4,023 | 4,817 | 2,945 | 2,226 | 4,940 | 20,323 |
| Loss on free inspection paid | - | - | - | - | - | - | - | - | - | - | - | -986 |
| Interest paid | -330 | -314 | -340 | -333 | -173 | -189 | -195 | -111 | -114 | -123 | -168 | -277 |
| Income taxes paid | -8,892 | -13,210 | -13,022 | -22,623 | -23,643 | -15,775 | -18,676 | -17,680 | -16,831 | -26,197 | -49,445 | -43,197 |
| Net cash provided by (used in) operating activities | 38,187 | 49,021 | 55,937 | 81,309 | 64,034 | 69,265 | 49,593 | 67,897 | 91,050 | 112,439 | 110,684 | 114,567 |
| Payments into time deposits | -1,060 | -2,516 | -3,550 | -2,131 | -1,471 | -59,621 | -122,008 | -13,234 | -2,383 | -2,260 | -8,118 | -7,891 |
| Proceeds from withdrawal of time deposits | 4,522 | - | 1,841 | 4,286 | 317 | 21,940 | 96,515 | 73,130 | 2,276 | 1,635 | 2,090 | 9,756 |
| Purchase of property, plant and equipment | -21,306 | -21,490 | -28,291 | -26,905 | -29,381 | -12,858 | -22,252 | -23,252 | -23,360 | -16,156 | -20,247 | -24,783 |
| Proceeds from sale of property, plant and equipment | 198 | 330 | 246 | 942 | 2,024 | 1,387 | 1,637 | 568 | 73 | 90 | 160 | 95 |
| Purchase of intangible assets | -1,523 | -2,920 | -3,120 | -2,276 | -2,633 | -2,803 | -1,943 | -2,702 | -4,205 | -3,878 | -7,265 | -6,532 |
| Payments for loss on factory reconstruction | -563 | -1,589 | -1,162 | -310 | -484 | -533 | -301 | -125 | -292 | -432 | -626 | -1,280 |
| Purchase of investment securities | -300 | -33 | -598 | -424 | -198 | - | - | - | -1,030 | -431 | -4,999 | -1,805 |
| Net decrease (increase) in short-term loans receivable | - | -13 | -89 | 21 | -84 | 90 | -15 | - | 37 | -28 | -228 | -198 |
| Proceeds from sale of shares of subsidiaries resulting in change in scope of consolidation | - | - | - | - | - | - | - | - | - | - | 5,307 | - |
| Other, net | 1,215 | 997 | 979 | 538 | 1,224 | 531 | -640 | 25 | 556 | -84 | 548 | 880 |
| Net cash provided by (used in) investing activities | -18,928 | -27,205 | -34,705 | -26,259 | -34,054 | -51,657 | -49,008 | 34,409 | -28,328 | -20,129 | -33,378 | -31,760 |
| Net increase (decrease) in short-term borrowings | 769 | 280 | 3,008 | -1,484 | -415 | 307 | -6,794 | 2,561 | -2,623 | 2,987 | -1,446 | -2,280 |
| Repayments of long-term borrowings | -1,595 | -2,764 | -1,353 | -938 | -527 | -538 | -506 | -472 | -459 | -7 | -6 | - |
| Repayments of lease liabilities | - | - | - | - | - | - | -22 | -535 | -752 | -888 | -1,018 | -1,119 |
| Purchase of treasury shares | -3,863 | -11 | -13 | -18 | -6 | -6 | -18 | -14 | -18 | -24,235 | -34,412 | -14,724 |
| Proceeds from disposal of treasury shares | - | - | 2 | - | - | - | - | - | - | - | 1 | 55 |
| Dividends paid | -6,336 | -7,511 | -8,899 | -12,046 | -14,365 | -14,363 | -14,366 | -14,367 | -14,371 | -36,596 | -21,497 | -25,804 |
| Dividends paid to non-controlling interests | - | - | - | -6 | -4 | -3 | - | -4 | -2 | -35 | -42 | -88 |
| Net cash provided by (used in) financing activities | -11,083 | -7,194 | -7,239 | -14,508 | -15,536 | -15,173 | -21,709 | -12,832 | -17,905 | -58,774 | -58,422 | -43,961 |
| Effect of exchange rate change on cash and cash equivalents | 8,084 | 16,437 | 13,074 | -5,605 | -5,858 | 873 | -2,246 | -1,128 | -9,356 | 24,041 | 40,608 | 25,869 |
| Net increase (decrease) in cash and cash equivalents | 16,259 | 31,058 | 27,066 | 34,935 | 8,584 | 3,308 | -23,370 | 88,346 | 35,458 | 57,576 | 59,492 | 64,715 |