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Tamron Co.,Ltd.

Tamron Co.,Ltd.

7740.T
Tamron Co.,Ltd.JP flagTokyo Stock Exchange
1,131.00
JPY
-18.00
- -
182.37BMarket Cap
Tamron Co.,Ltd.
7740.T
(Tokyo Stock Exchange)

Recent

price

1,131.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
257.96
266.42
293.04
311.7
335.24
342.03
288.88
291.74
299.43
307.4
274.25
344.98
379.89
427.02
535.38
526.47
502.06
Revenue per Share
16.8
17.32
17.73
14.56
17.51
19.24
7.15
13.69
20.97
25.89
11.1
31.02
50
64.64
87.9
72.78
81.27
Basic EPS, GAAP
2.59
16.58
0.41
16.76
17.05
17.51
19.52
25.13
25.4
39.46
25.73
39.8
36.13
28.85
75.33
64.61
- -
Free Cash Flow per Basic Share
5.62
6.26
6.25
6.25
6.25
6.99
7.49
6.88
6.28
7.55
9.29
6.3
11
15.78
26.07
37.16
- -
Dividend per Share
139.85
144.4
155.88
164.19
175.46
176.42
178.61
185.42
200.94
219.84
258.39
287.66
325.67
357.32
417.8
429.42
384.78
Book Value per Share
151.45
161.72
182.53
210.91
232.82
229.13
224.41
237.43
243.26
261.52
255.88
312.02
359.45
416.88
490.35
522.99
460.8
Tangible Book Value per Share
220
220
220
220
220
210
207
207
206
206
176
167
167
167
165
162
166
Basic Weighted Avg Shares
56,650
58,507
64,353
68,452
73,621
71,946
59,903
60,496
61,815
63,285
48,375
57,539
63,445
71,426
88,475
85,071
83,527
Sales/Revenue/Turnover
19.14
9.73
8.55
7.65
8.26
6.34
3.95
7.02
8.78
11.04
7.4
12.88
17.4
19.06
21.71
19.56
21.52
Operating Margin (%)
3,292
3,257
3,182
3,440
3,812
3,654
3,365
3,562
3,164
2,666
3,023
3,024
2,957
2,961
3,082
3,523
- -
Depreciation Expense
3,689
3,804
3,894
3,197
3,846
4,048
1,482
2,838
4,330
5,330
1,958
5,173
8,350
10,812
14,526
11,761
13,521
Net Income, GAAP
32.83
29.89
26.83
33.82
37.04
31.31
45.95
32.76
27.39
27.99
32.13
30.26
27.37
22.62
24.75
28.51
25.03
Effective Tax Rate (%)
6.51
6.5
6.05
4.67
5.22
5.63
2.47
4.69
7
8.42
4.05
8.99
13.16
15.14
16.42
13.82
16.19
Profit Margin (%)
21,257
22,795
25,949
27,614
32,353
30,326
30,202
33,461
36,248
39,363
31,272
36,147
42,620
49,571
55,703
55,194
54,098
Working Capital
1,442
1,836
1,547
2,080
1,771
881
736
468
467
225
291
94
- -
70
369
247
47
LT Debt
33,996
36,134
40,806
47,087
51,994
49,001
47,321
49,939
50,851
54,538
45,778
52,536
60,573
70,732
82,333
85,911
77,804
Total Equity
18.14
9.47
8.91
6.91
6.94
5.66
2.43
5.42
7.29
8.94
4.57
9.89
13.23
15.13
17.86
13.52
17.69
Return on Invested Capital (%)
10.46
10.34
10.22
7.99
9.21
9.74
3.66
6.93
10.14
11.61
4.14
10.61
15.76
18.43
21.95
16.68
22.08
Return on Capital (%)
12.51
12.19
11.81
9.1
10.31
10.7
4
7.52
10.83
12.29
4.31
11.06
16.31
18.94
22.55
16.99
22.72
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
1,779
1,831
1,884
LT Borrowings
70
59
47
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
167
165
165
Market Capitalization
111,152
565,129
697,914

Working Capital

FRC

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
63,797
61,026
70,898
Cash, Cash Equivalents & STI
32,640
28,315
36,078
Accounts Receivable, Net
13,021
14,807
17,119
Inventories
14,638
14,800
13,685
Total Current Liabilities
14,226
12,494
16,800
Payables & Accruals
- -
- -
- -
ST Debt
1,779
1,831
1,884
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.27%
13.52%
4.35%
Free Cash Flow
20.9%
31.81%
-16.13%
Net Income, GAAP
31.09%
54.09%
-19.03%
Sales/Revenue/Turnover
2.71%
12.36%
-3.85%
Total Cash Common Dividend
19.89%
37.05%
39.37%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19,819
25,034
- -
- -
88,475
2025
- -
- -
- -
- -
85,071
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.1
- -
- -
- -
87.9
2025
- -
- -
- -
- -
72.78
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
26.07
2025
- -
- -
- -
- -
37.16
2026
- -
- -
- -
- -
- -
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Business
Tamron Co., Ltd. manufactures and sells precision optical products worldwide. The company operates through three segments: Photographic Products, which includes interchangeable lenses for mirrorless and digital SLR cameras such as all-in-one zoom lenses like the 18-300mm F/3.5-6.3 Di III-A VC VXD (Model B061) for Nikon Z and Canon RF mounts, the 70-180mm F/2.8 G2 (Model A065) for Nikon Z mount, and the 25-200mm F/2.8-5.6 G2 (Model A075) for Sony E mount; Surveillance and FA Lenses, encompassing network surveillance camera lenses, factory automation (FA) and machine vision lenses, shortwave infrared (SWIR) lenses, camera modules, and video conferencing lenses; and Mobility and Healthcare Products, Others, featuring automotive sensing camera lenses, side and rear view camera lenses, headlight lenses, endoscope lenses, drone lenses for consumer and industrial use, far infrared camera modules, and fluorescence filters for medical applications. Tamron leverages advanced optical technologies including glass-molded aspherical lenses, nano-structured coatings, and eBAND processing to produce compact, high-performance optics for photography, security, industrial automation, automotive ADAS, medical, and emerging sectors like robotics and agriculture. Founded in 1950 and headquartered in Saitama City, Japan, the company maintains a global production system with facilities in Japan, China (approximately 65% of output), and Vietnam (25%), alongside sales subsidiaries in the US, Europe, Asia, and other regions; overseas sales account for about 82% of total revenue. Recent developments include the establishment of a strategic partnership and equity investment in mapry Co., Ltd. in May 2025 to combine optical technologies with geospatial data platforms for forestry and civil engineering digital transformation; announcements of new high-magnification zoom lenses in 2025 such as the 18-300mm for Nikon Z and Canon RF mounts in August, the 70-180mm G2 for Nikon Z in October, and the 25-200mm G2 for Sony E in September and October; and progression under the Value Creation26 medium-term management plan (2024-2026) targeting net sales of 83.0 billion yen and operating income of 15.3 billion yen through portfolio optimization, new business acceleration, and enhanced shareholder returns.