When the 1970s United States bike boom exceeded the capacity of the European bicycle component manufacturers, Japanese manufacturers SunTour and Shimano rapidly stepped in to fill the void. The Italian firm Campagnolo as well as US based SRAM are Shimano's primary competitors in the cycling marketplace. Shimano Total Integration (STI) is Shimano's integrated shifter and brake lever combination for road bicycles. The components include cranksets comprising cranks and chainrings bottom brackets chains rear chain sprockets and cassettes front and rear wheel hubs gear shift levers brakes brake levers cables front and rear gear mechanisms or dérailleurs. Its products include drivetrain, brake, wheel and pedal components for road, mountain, track and hybrid bikes. Shimano sales constitute an estimated 70–80% of the global bicycle component market by value. They are also the official neutral support for most of the UCI World Tour.

The company is publicly traded, with 93 million shares of common stock outstanding. Bicycle components represented 80%, fishing tackle 19%, and other products 0.1%. In 2017, Shimano had net sales of US $3.2 billion, 38% in Europe, 35% in Asia, and 11% in North America. Named after founder Shozaburo Shimano ( 島野庄三郎, 1894-1958) and headquartered in Sakai, Osaka Prefecture, the company has 32 consolidated and 11 unconsolidated subsidiaries, with the primary manufacturing plants based in Kunshan ( China), Malaysia and Singapore. ( 島野工業株式会社), is a Japanese multinational manufacturing company for cycling components, fishing tackles and rowing equipment, who also produced golf supplies until 2005 and snowboarding gear until 2008. ( 株式会社シマノ, Kabushiki-gaisha Shimano), originally Shimano Iron Works ( 島野鐵工所) and later Shimano Industries, Inc.

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