Shimano
| Industry:transport | ISIN:JP3358000002 | Country:JP | CRR:B- |
Company Profile:
The Japanese company Shimano was founded in 1921. Today it is one of the world’s leading producers of cycle components (including brakes and gears). For some products in this segment, its global market share stands at over 80%. In addition, the company produces, among other things, angling accessories, golf equipment and snowboards, which together generate around 25% of its turnover.
Strengths/weaknesses profile:
Strengths:
oekom research's rating system classifies this company as a Potential. A prerequisite for recognition as a Potential is that a significant proportion of turnover be earned from sustainable products and services, in this case in the area of transport.
Weaknesses:
Since potentials are generally small and medium-sized companies, their
management structures for social and environmental issues are often
less well developed.
Reasons for inclusion in the Index:
Compared with motorized vehicles, bicycles are a significantly more environmentally sustainable means of transportation. Shimano is the world’s leading supplier in this sector, from which it earns the bulk of its turnover.