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SHIMANO
Created by
Dale “007” Best
⟶ Updated 27 Dec 2017 ⟶
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Events
Shimano Iron works established
started exporting freewheels to China
Shimano Iron Works Co Ltd
Renamed Shimano Industrial Co., Ltd.
Production of derailleurs and 3 speed hub began becoming standard on 3 speed bikes
Cold Forging in the production line started and management was handed over to sons with new product lines increasing Shimano's range
Worlds largest bicycle component factory built in Japan
Shimano American Corporation launched
European Branch established in Germany
Shares listed on Tokyo stock exchange and manufacturing set up in Singapore; opening sales to U.S
Shimano Fishing division Launched
Components built specifically for bike racing (AX line)
Mountain biking took off and Shimano's MTB product line was a huge success
Subsidiaries set up globally to focus on fishing
1 in 3 bike components now go to Europe
Name changed to SHIMANO INC
Shimano claimed 50% Market share in Chinese market where stronger economy gave people a disposable income
Largest recall to date with 2.5 million products affected after faulty crank caused injuries with a loss of 15 million suffered
Shimano Australia Pty Ltd is established and Shimano bike museum is set up in Japan
Shimano acquires G.Loomis Inc
Lance Armstrong puts Shimano on global stage and restores image
Innovation increased with automatic shifting created which utilised magnets
Sales grow at a rate of 6-7 % a year with a 70% market share globally in bicycle components
Lifestyle gear product line launched and DURA ACE electronic shifting made available to public
Interactive Shimano's cycling world opened in Singapore
Shimano Intelligent factory completed in Japan and several logistics centres constructed across to globe
Lance Armstrong wins 7th consecutive Tour de France title reinstalling Shimano's reputation
Revistalised XTR range relised which has become Iconic across mountain bikers released
New version of Shimano's DURA-ACE series (road racing components) is released with such things as reliable electronic shifting and a power meter integrated into the cranks available to both pros and amateurs