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Today’s bicycle giant Shimano started life back in 1921 when Shozaburo Shimano founded Shimano Iron Works in Sakai City, an area known for its production of swords and gun barrels. Its first product was a single speed bicycle freewheel which was soon made in enough numbers to allow its export to China.

Shimano began production of other bicycle componentry in 1956 with production of a derailleurs shortly followed by an internal three speed hub whichbecame the default choice for the American market. With this success Shimano invested in cold forging to allow more products to be made with greater efficiencies.

After Shozaburo relinquished control of the business to his three sons Shimano made more brakes and other components although they never ventured into the complete bike market. Futher expansion led to Shimano building what was then  the largest bicycle parts plant ever in 1970 in Yamaguchi Prefecture and it was here, according to Design Week, that Shimano’s vision of modern bicycle parts began to be formed when they started recruiting engineers to create a unified look among component systems as well as elevating their performance.

Foreign expansion beckoned with a European office in Dusseldorf Germany, a manufacturing plant Singapore and a sales office in California in 1974 meaning  the company was well placed to benefit from the expanding bike market in the United States during the 1970s. During this period Shimano invested heavily in research and development that would benefit it for many years as well as branching out into precision fishing equipment.

Groupsets that many might remember today started to be released with AX racing grouppo launched in 1980 followed by its first off road dedicated groupset Deore XT, a name which still stands today. With the advent of indexed gears shimano’s fortunes increased further with sames exceeding 50 Billion Yen by the mid 80s.