Tamron Co., Ltd.

Tamron Co., Ltd.

1,423.00
JPY
+8.00
(+0.57%)
184.60BMarket Cap
Nov 05Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
311.7
335.24
342.03
288.88
291.74
299.43
307.4
274.25
344.98
379.89
427.02
535.38
526.51
- -
Basic EPS, GAAP
14.56
17.51
19.24
7.15
13.69
20.97
25.89
11.1
31.02
50
64.64
87.9
72.79
- -
Free Cash Flow per Basic Share
16.76
17.05
17.51
19.52
25.13
25.4
39.46
25.73
39.8
36.13
28.85
75.33
64.62
- -
Dividend per Share
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
- -
Book Value per Share
214.42
236.76
236.3
228.2
240.83
247
264.91
274.47
314.99
362.4
422.69
499.37
532.85
559.33
Tangible Book Value per Share
210.91
232.82
232.42
224.41
237.43
243.93
261.52
270.6
312.02
359.15
416.7
491.49
524.15
550.15
Basic Weighted Avg Shares
220
220
210
207
207
206
206
176
167
167
167
165
162
161
Sales/Revenue/Turnover
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
- -
Operating Margin (%)
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
- -
Depreciation Expense
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
- -
Net Income, GAAP
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
- -
Effective Tax Rate (%)
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
- -
Profit Margin (%)
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
- -
Working Capital
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
57,208
LT Debt
2,080
1,771
881
736
468
467
225
291
94
- -
70
369
247
288
Total Equity
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
89,397
Return on Invested Capital (%)
6.91
6.94
5.65
2.42
5.41
7.29
8.93
4.56
9.88
13.23
15.12
17.85
13.52
- -
Return on Capital (%)
6.57
7.14
7.48
2.88
5.49
8.16
9.66
3.77
10.11
14.32
16.09
18.56
13.78
- -
Return on Common Equity (%)
7.27
7.76
8.02
3.08
5.84
8.59
10.11
3.9
10.52
14.76
16.47
18.98
13.98
- -

Capital Structure

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
ST Debt
1,884
- -
862
LT Borrowings
47
- -
288
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
165
161
160
Market Capitalization
171,674
159,632
184,603

Working Capital

JPY

•

in mil. unless spec.
Jun'24
Mar'26
Jun'26
Total Current Assets
70,898
- -
72,699
Cash, Cash Equivalents & STI
36,078
- -
34,633
Accounts Receivable, Net
17,119
- -
15,388
Inventories
13,685
- -
17,724
Total Current Liabilities
16,800
- -
15,491
Payables & Accruals
- -
- -
- -
ST Debt
1,884
- -
862
Deferred Revenue
- -
- -
- -

Growth Rates

JPY

•

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

JPY

•

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

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
20.1
28.47
- -
- -
87.9
2025
- -
- -
- -
- -
72.79
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

JPY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
26.07
2025
- -
- -
- -
- -
37.16
2026
- -
- -
- -
- -
- -

Company Description

CEO
Shogo Sakuraba
Full Time Employees
4,977
Sector
Consumer durables
Industry
Electronics/Appliances
Address
1385 Hasunuma Saitama ST Japan 337-8556
IPO Date
Aug 13, 1984
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.