Cycling News

Shimano Sales – Up 45% In 2021

10 February 2022
the5krunner
Shimano logo
Shimano

Shimano Sales – Up 45% In 2021

Shimano, Inc. reported sales in 2021 that increased by over 44% from the previous year to ¥546bn.

Operating income increased by almost 80% to ¥148m and net income increased 82.7% to almost ¥116m.

Thoughts

No doubt this is a result of the pandemic cycling boom and perhaps in part also linked to higher e-Bike sales and the sales of new R9200 groupsets.

Although perhaps there is an element of surprise as many of us are finding it increasingly harder to get hold of simple things like spare parts. Just think what Shimano could have done if they had decent inventories of spares to sell.

That said, some of the e-Bike spare parts are highly sought after as Czech distributor Bike Fun International found to their cost this week as €270k of Shimano e-Bike parts were stolen from a lorry after the driver was gassed (to sleep) on a rest break.

Shimano new Groupsets: 6 Things I like, 4 Things I Don’t like about the Dura-Ace & Ultegra Upgrades

 

 

Sources: SGB Media & Adventure Journal

Last Updated on 13 November 2025 by the5krunner

My favourite kit and nutrition

  • Injinji – Runners protect your toes. Avoid discomfort and minor injury. Run more. run faster. I use them.
  • Garmin 90-degree charging adapter — the small adapter that keeps your charging cables tidy. Essential for race day. I use one.
  • Garmin charging puck — the fastest and most reliable way to top up your Garmin before a session. I use one.
  • Ravemen FR300 — front light that mounts directly under your Garmin or Wahoo head unit. Keeps your bars clean and your beam pointed where it matters. I use one.
  • Body Glide – The Blue anti-chafe stick that all swimmers and many runners use. I use it.
  • Maurten — the race nutrition trusted by elite athletes. Gels and drink mix engineered to be easy on the stomach. I use them.
  • Garmin Varia RTL515 — radar rear light that alerts you to vehicles approaching from behind. Pairs with your Edge or Garmin watch. I use this model.
  • Favero Assioma Pro RS2 — the power meter pedals most serious cyclists end up choosing. Accurate, easy to move between bikes. I use this model.

Reader-Powered Content

Buy me a coffee

This content is not sponsored. It’s mostly me behind the labour of love, which is this site, and I appreciate everyone who supports it.

Support the site: Follow (free, fewer ads) · Subscribe (paid, ad-free) · Buy Me A Coffee ❤️

All articles are written by real people, fact-checked, and verified for originality. See the Editorial Policy. FTC: Affiliate Disclosure — some links pay commission. As an Amazon Associate, I earn from qualifying purchases.