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This document has been translated from the Japanese original for reference purposes only . In the event of any discrepancy between this translated document and the Japanese original , the original shall prevail . The Company assumes no responsibility for this translation or for direct , indirect or any other forms of damages arising from the translation . Summary of Consolidated Financial Results for the First Quarter of FY2021 ( Unaudited ) ( January 1 , 2021 - March 31 , 2021 ) [ Japanese Standard ] ( Consolidated ) April 27 , 2021 Company Name : Code Number : Representative : Contact : Shimano Inc. 7309 Taizo Shimano , President Takuma Kanai , Senior Vice President , Business Administration Dept. and Supervising of Accounting Dept. May 13 , 2021 Yes No Date of filing of quarterly report to Ministry of Finance : Supplemental information : Financial results briefing : First Quarter of FY2021 First Quarter of FY2020 ( Note ) Comprehensive income 1. Consolidated financial results for the First Quarter of FY2021 ( January 1 , 2021 - March 31 , 2021 ) ( 1 ) Consolidated income information First Quarter of FY2021 First Quarter of FY2020 ( 2 ) Consolidated balance sheet information First Quarter of FY2021 FY2020 FY2020 FY2021 2. Dividend information Million yen % 126,426 64.4 76,920 ( 12.3 ) First Quarter of FY2021 : 46,580 million yen ( % ) 1st Quarter Yen Net sales ( The percentages represent the rates of increase ( decrease ) compared to the corresponding prior period . ) Net income attributable Operating income Ordinary income % 157.3 ( 22.3 ) to owners of parent Million yen % Million yen 36,948 58.3 28,596 23,340 61.8 19,663 First Quarter of FY2020 : 479 million yen ( -96.4 % ) Basic earnings per share Million yen 615,857 590,420 ( Reference ) Shareholders ' equity First Quarter of FY2021 : 550,060 million yen Net sales Yen 308.48 212.12 Total assets 2nd Quarter Million yen 32,571 12,658 Yen 77.50 Diluted earnings per share Net assets Dividend per share 3rd Quarter Yen Million yen 550,600 529,785 Scheduled payment date for dividends : - ( Amounts are rounded down to the nearest million yen . ) Yen First half of FY2021 Million yen % 237,700 48.3 455,500 20.5 Million yen % 53,200 85.5 105,000 27.0 FY2021 ( Note ) Change in forecasted consolidated business performance during the period : Yes Million yen 57,500 109,500 Year - end Stock Exchange : Tokyo , First Section URL : https://www.shimano.com Shareholders ' equity ratio % 89.3 89.6 FY2020 : 529,287 million yen 3. Forecasted consolidated business performance for FY2021 ( January 1 , 2021 - December 31 , 2021 ) Ordinary income Telephone : + 81-72-223-3254 Yen 277.50 FY2021 ( Forecast ) 77.50 ( Notes ) Change in forecasted dividend during the period : None The year - end dividend for FY2020 was 277.50 yen per share , including a commemorative dividend of 200 yen for the 100th anniversary of the Company's foundation and an ordinary dividend of 77.50 yen per share . 77.50 % 59.1 34.4 Total Yen 355.00 ( The percentages represent the rates of increase ( decrease ) compared to the corresponding prior period . ) Operating income Net income attributable to owners of parent Million yen % 42,600 36.5 79,600 25.4 % 45.4 95.6 155.00 Basic earnings per share Yen 459.55 858.69