Shimano has announced consolidated financial results for 2019. Net sales for the entire company were 363,230 million yen (approx. US$ 3.25 billion ), an increase of 4.4% compared to the previous year. Operating income was 68,010 million yen (approx. US$ 608 million), an increase of 3.5% compared to 2018.
For the company's bicycle segment, net sales increased 4.6% from the previous year to 290,038 million yen (approx. US$ 2.59 billion), and operating income increased 1.0% to 57,850 million yen (approx. US$ 517 million).

In a financial statement, Shimano noted the following general situations in markets around the world:

In Europe:
Continued good weather conditions supported favorable retail sales of completed bicycles, mainly sport e-bike, and distributor inventories of bicycles in Europe generally remained at an appropriate level.

In North America:
Although total retail unit sales of completed bicycles slightly decreased, the sales amount remained at the same level as the previous year partly due to increased sales unit prices. Distributor inventories generally remained at an appropriate level.

In China:
Retail sales of completed bicycles remained at the same level as the previous year as the downward trend that persisted until last year has begun to slow and stopped. Distributor inventories remained at an appropriate level.

In Japan:
Although sales of middle- to high-end sports bicycles were sluggish, the sales amount remained at the same level as the previous year partly due to increased sales unit prices driven by stronger demand for cross bike and e-bike for commuting to work and school. Distributor inventories remained at an appropriate level.