OSAKA (BRAIN) — Sales in Shimano's bike-product division were down 12.3% through the first nine months of the year, compared to the same period last year. The weaker dollar relative to Asian currencies impacted Shimano's net income results and the company revised down its net income forecasts for the year because of the exchange rates. The company is sticking with its previous guidance for sales and operating income. Shimano said bicycle-product inventory held by retailers "started to show signs of progress. However, market inventories of completed bicycles remained high."