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SHIMANO REPORTS RISE IN<br />
FISHING TACKLE SALES<br />
Global tackle giant Shimano<br />
has seen sales grow for the first<br />
nine months of 2022 by more<br />
than 18 per cent – with fishing<br />
equipment sales up nine per cent<br />
on the previous year.<br />
The overall figure – which<br />
meant net sales reached<br />
¥467,665 million up to<br />
September – also included a rise<br />
of 20.6 per cent in its bicycle<br />
division.<br />
Shimano’s financial statement<br />
said: “During the first nine<br />
months of fiscal year 2022, the<br />
pace of global economic recovery<br />
slowed primarily because prices<br />
soared due to resource and<br />
energy supply constraints and<br />
rising resource prices caused<br />
by the situation in Ukraine,<br />
and central banks in various<br />
countries took steps to raise<br />
interest rates sharply to curb<br />
accelerating inflation”<br />
Net sales from tackle sector<br />
increased to ¥82,653 million,<br />
up nine per cent from the same<br />
period last year while operating<br />
income increased 1.7 per cent to<br />
¥17,482 million.<br />
Shimano said: “Strong interest<br />
in fishing that attracted attention<br />
globally showed signs of cooling<br />
down.<br />
“In the Japanese market, sales<br />
of mid- to high-priced products<br />
remained strong, although sales<br />
of popularly priced products for<br />
families and beginners slowed<br />
down and there were impacts<br />
from typhoons and other factors<br />
as well.<br />
“Overseas, in the North<br />
American market, although<br />
demand remained high for<br />
saltwater<br />
products, sales<br />
lacked strength<br />
under logistics<br />
disruption<br />
and prolonged<br />
inflation.<br />
“In the<br />
European<br />
market, although<br />
logistics<br />
concerns and<br />
high inflation in the UK caused<br />
a sense of stagnation in the<br />
market, there were signs of firm<br />
demand in some areas of Eastern<br />
Europe, and sales remained<br />
strong.<br />
“In the Asian market, sales<br />
were favourable in Taiwan<br />
and Southeast Asia, where<br />
demand for fishing tackle is<br />
expanding, and in the Chinese<br />
Shimano’s Ultegra XTE reels helped<br />
grow tackle sales during 2022.<br />
market, which has recovered<br />
from the effects of lockdowns,<br />
partly due to the easing of<br />
the zero-COVID policy. In<br />
Australia. sales remained firm in<br />
preparation for the full-fledged<br />
fishing season.”<br />
It said new products such as<br />
its Ultegra XTE spinning reels,<br />
Beastmaster MD and Stella reels<br />
all contributed to this growth.<br />
Whole company celebrates historic<br />
award presentation<br />
The whole of UK fly tying materials<br />
manufacturer Semperfli turned out to<br />
celebrate as the company received its<br />
Queen’s Award for Enterprise from King<br />
Charles III’s official representatives.<br />
The Yorkshire-based business welcomed<br />
the Lord Lieutenant and Deputy Lord<br />
Lieutenant of North Yorkshire to receive<br />
the prestigious honour for their success<br />
and growth in international trade.<br />
The day saw more than 50 staff and<br />
guests gather at the company’s brand<br />
new home in Selby for the official<br />
citation, which now allows the firm to<br />
fly the Queen’s Award flag and use the<br />
associated emblem for the next five<br />
years, demonstrating their outstanding<br />
achievement in boosting international<br />
trade.<br />
Although called the Queen’s Awards<br />
for Enterprise – as they were instigated<br />
by the late Queen Elizabeth II – the Lord<br />
The Semperfli family and Lord Lt Mrs Jo Ropner<br />
Lieutenant and Deputy are the<br />
official representatives for the<br />
reigning monarch, now King<br />
Charles III.<br />
The Lord Lieutenant, Mrs<br />
Jo Ropner – who is an avid fly<br />
angler – praised the company’s<br />
work and the whole Semperfli<br />
team before being presented<br />
with a box of flies hand-tied by top angler<br />
Paul Procter, using Semperfli materials of<br />
course.<br />
Semperfli CEO Ann Kitchener said: “It<br />
was undoubtedly the proudest day for us at<br />
Semperfli. We received our formal Grant<br />
of Appointment for our Queen’s Award<br />
from the Lord Lieutenant and Deputy<br />
Lieutenant, the King’s Representatives.<br />
It was the most amazing day, that we<br />
will never forget. Thank you everyone for<br />
helping us get here.”<br />
Andy Kitchener, fellow director and cofunder,<br />
added: “When we first found out<br />
we had received this honour – ironically in<br />
Salt Lake City, USA as we were preparing<br />
for the IFTD Show last March – it was an<br />
extremely emotional moment.<br />
“We have had to jump through a lot of<br />
hoops to be given this recognition but it is<br />
a feather in the caps of all of the team that<br />
we have been granted this award. We are<br />
all very proud.”<br />
The presentation was followed by a<br />
party for staff and guests complete with<br />
live band as the festivities continued<br />
throughout the day.<br />
08 www.tackletradeworld.com
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