Shimano Inc
Shimano Inc., together with its subsidiaries, develops, produces, and distributes bicycle components, fishing tackles, and rowing equipment. The company operates in Japan, North America, Europe, Asia, and internationally. The company was founded in 1921 and is headquartered in Sakai, Japan.
Shimano Inc (SHMDF) - Net Assets
Latest net assets as of December 2025: $870.26 Billion USD
Based on the latest financial reports, Shimano Inc (SHMDF) has net assets worth $870.26 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($939.07 Billion) and total liabilities ($68.80 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $870.26 Billion |
| % of Total Assets | 92.67% |
| Annual Growth Rate | 8.8% |
| 5-Year Change | 41.13% |
| 10-Year Change | 122.36% |
| Growth Volatility | 8.7 |
Shimano Inc - Net Assets Trend (2005–2025)
This chart illustrates how Shimano Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shimano Inc (2005–2025)
The table below shows the annual net assets of Shimano Inc from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $870.26 Billion | -1.51% |
| 2024-12-31 | $883.61 Billion | +10.12% |
| 2023-12-31 | $802.39 Billion | +8.27% |
| 2022-12-31 | $741.09 Billion | +20.18% |
| 2021-12-31 | $616.65 Billion | +16.40% |
| 2020-12-31 | $529.79 Billion | +8.29% |
| 2019-12-31 | $489.24 Billion | +7.89% |
| 2018-12-31 | $453.46 Billion | +5.34% |
| 2017-12-31 | $430.46 Billion | +9.99% |
| 2016-12-31 | $391.38 Billion | +5.41% |
| 2015-12-31 | $371.30 Billion | +12.11% |
| 2014-12-31 | $331.19 Billion | +22.25% |
| 2013-12-31 | $270.91 Billion | +25.21% |
| 2012-12-31 | $216.36 Billion | +19.03% |
| 2011-12-31 | $181.77 Billion | +4.71% |
| 2010-12-31 | $173.60 Billion | +4.23% |
| 2009-12-31 | $166.55 Billion | -6.82% |
| 2008-12-31 | $178.73 Billion | +12.41% |
| 2007-12-31 | $159.00 Billion | +9.08% |
| 2006-12-31 | $145.77 Billion | -9.50% |
| 2005-12-31 | $161.07 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shimano Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 504.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $631.27 Billion | 72.64% |
| Common Stock | $35.64 Billion | 4.10% |
| Other Comprehensive Income | $197.87 Billion | 22.77% |
| Other Components | $4.23 Billion | 0.49% |
| Total Equity | $869.01 Billion | 100.00% |
Shimano Inc Competitors by Market Cap
The table below lists competitors of Shimano Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank Polska Kasa Opieki S.A
OTCGREY:BKPKF
|
$8.86 Billion |
|
InterDigital Inc
NASDAQ:IDCC
|
$8.87 Billion |
|
Phison Electronics
TWO:8299
|
$8.87 Billion |
|
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SHG:600809
|
$8.87 Billion |
|
CATHAY PAC.AIRW.HD-20ADR5
F:CTYA
|
$8.84 Billion |
|
SharkNinja, Inc.
NYSE:SN
|
$8.83 Billion |
|
Exelixis Inc
NASDAQ:EXEL
|
$8.82 Billion |
|
NortonLifeLock Inc
F:SYM
|
$8.82 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shimano Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 882,395,000,000 to 869,013,651,000, a change of -13,381,349,000 (-1.5%).
- Net income of 34,020,661,000 contributed positively to equity growth.
- Dividend payments of 28,633,965,000 reduced retained earnings.
- Share repurchases of 50,049,636,000 reduced equity.
- Other comprehensive income increased equity by 197,873,516,000.
- Other factors decreased equity by 166,591,925,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $34.02 Billion | +3.91% |
| Dividends Paid | $28.63 Billion | -3.29% |
| Share Repurchases | $50.05 Billion | -5.76% |
| Other Comprehensive Income | $197.87 Billion | +22.77% |
| Other Changes | $-166.59 Billion | -19.17% |
| Total Change | $- | -1.52% |
Book Value vs Market Value Analysis
This analysis compares Shimano Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $1519.86 | $143.11 | x |
| 2006-12-31 | $1565.88 | $143.11 | x |
| 2007-12-31 | $1722.17 | $143.11 | x |
| 2008-12-31 | $1720.71 | $143.11 | x |
| 2009-12-31 | $1733.73 | $143.11 | x |
| 2010-12-31 | $1834.53 | $143.11 | x |
| 2011-12-31 | $1932.32 | $143.11 | x |
| 2012-12-31 | $2326.12 | $143.11 | x |
| 2013-12-31 | $2912.37 | $143.11 | x |
| 2014-12-31 | $3562.50 | $143.11 | x |
| 2015-12-31 | $3995.33 | $143.11 | x |
| 2016-12-31 | $4213.74 | $143.11 | x |
| 2017-12-31 | $4641.90 | $143.11 | x |
| 2018-12-31 | $4890.06 | $143.11 | x |
| 2019-12-31 | $5275.94 | $143.11 | x |
| 2020-12-31 | $5709.69 | $143.11 | x |
| 2021-12-31 | $6655.33 | $143.11 | x |
| 2022-12-31 | $8131.18 | $143.11 | x |
| 2023-12-31 | $8867.85 | $143.11 | x |
| 2024-12-31 | $9862.14 | $143.11 | x |
| 2025-12-31 | $9923.99 | $143.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shimano Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.29%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.08x
- Recent ROE (3.91%) is below the historical average (11.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 10.16% | 9.75% | 0.90x | 1.16x | $260.60 Million |
| 2006 | 8.77% | 8.09% | 0.94x | 1.15x | $-1.92 Billion |
| 2007 | 11.96% | 9.39% | 1.03x | 1.23x | $3.26 Billion |
| 2008 | 15.23% | 10.70% | 1.22x | 1.17x | $8.64 Billion |
| 2009 | 5.76% | 5.12% | 0.98x | 1.15x | $-7.05 Billion |
| 2010 | 11.05% | 8.95% | 1.04x | 1.19x | $1.82 Billion |
| 2011 | 10.96% | 8.96% | 1.03x | 1.19x | $1.74 Billion |
| 2012 | 12.75% | 11.18% | 0.95x | 1.20x | $5.92 Billion |
| 2013 | 13.00% | 12.95% | 0.85x | 1.18x | $8.09 Billion |
| 2014 | 15.51% | 15.38% | 0.84x | 1.20x | $18.21 Billion |
| 2015 | 20.57% | 20.12% | 0.88x | 1.16x | $39.15 Billion |
| 2016 | 13.05% | 15.78% | 0.73x | 1.14x | $11.90 Billion |
| 2017 | 8.93% | 11.45% | 0.69x | 1.14x | $-4.59 Billion |
| 2018 | 11.90% | 15.50% | 0.69x | 1.11x | $8.60 Billion |
| 2019 | 10.60% | 14.27% | 0.67x | 1.10x | $2.92 Billion |
| 2020 | 11.99% | 16.79% | 0.64x | 1.12x | $10.54 Billion |
| 2021 | 18.82% | 21.21% | 0.77x | 1.15x | $54.34 Billion |
| 2022 | 17.32% | 20.38% | 0.76x | 1.12x | $54.17 Billion |
| 2023 | 7.63% | 12.89% | 0.54x | 1.09x | $-18.97 Billion |
| 2024 | 8.65% | 16.92% | 0.47x | 1.09x | $-11.91 Billion |
| 2025 | 3.91% | 7.29% | 0.50x | 1.08x | $-52.88 Billion |
Industry Comparison
This section compares Shimano Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shimano Inc (SHMDF) | $870.26 Billion | 10.16% | 0.08x | $8.84 Billion |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |