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Shimano Inc., a 99-year-old maker of brakes, gears and components, is poised to take advantage of the surge in demand for bicycles across the globe as people embrace new modes of transportation due to the coronavirus pandemic.

As the provider of parts to Giant Manufacturing Co., Merida Industry Co. and other brands, Shimano commands a dominant presence in the global market for bicycle components. That gives Shimano’s CEO Yozo Shimano, 71, clear visibility into demand, which is picking up across the globe.

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