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A koan is simply the time and place where Truth is manifest. >From the fundamental point of view, there is no time or place where Truth is not revealed: every place, every day, every event, every thought, every deed, and every person is a koan. In that senses, koans are neither obscure nor enigmatic. However, a koan is more commonly understood as a tool for teaching true insight.

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Mar 05, 2026

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Random Person of the Day: Shimano, Inc.

Shimano, Inc.

Shimano, Inc.

Shimano, Inc. (OTCBB: SHMDF, FWB: SHM) is a Japanese multinational manufacturer of cycling components, fishing tackle, and snowboarding equipment.

In 2005, the company had net sales of US$1.4 billion. Bicycle components provided 75 % of its sales income. Fishing tackle produced 23 % of the company's sales income, while other products—including snowboarding equipment and other forged parts—produced about 2 % of its sales income. Shimano produced golf supplies until 2005, when they abandoned the enterprise as unprofitable.

Headquartered in Sakai, Japan, the company has 32 consolidated subsidiaries and 11 unconsolidated subsidiaries. Its primary manufacturing plants are in Kunshan, Malaysia, and Singapore, while its sales are in Europe (41 % of total sales) and North America (17 %).

Shimano is publicly traded and has 102.8 million shares of common stock outstanding.

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