Tamron Co.,Ltd. Announces Consolidated Earnings Results for the Fiscal Year Ended December 31, 2018; Announces Dividend for the Fiscal Year Ended December 31, 2018, Payable on March 28, 2019; Provides Dividend Guidance for the Fiscal Interim of 2019 and Fiscal Year Ending December 31, 2019; Provides Consolidated Earnings Guidance for the Fiscal First Half of 2019 and Fiscal Year Ending December 31, 2019
February 12, 2019 at 01:00 am EST
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Tamron Co.,Ltd. announced consolidated earnings results for the fiscal year ended December 31, 2018. For the full year, the company reported net sales of JPY 61,815 million against JPY 60,496 million a year ago. Operating income was JPY 5,424 million against JPY 4,246 million a year ago. Profit was JPY 4,330 million or JPY 167.80 per basic share against JPY 2,838 million or JPY 109.51 per basic share a year ago.
The company provided consolidated earnings guidance for the fiscal first half of 2019 and full year ending December 31, 2019. For the first half, the company expects to report net sales of JPY 28,600 million, operating income of JPY 1,600 million, and profit attributable to owners of parent of JPY 1,150 million or JPY 44.69 per share.
For the fiscal full year, the company expects to report net sales of JPY 65,000 million, operating income of JPY 5,900 million, and profit attributable to owners of parent of JPY 4,130 million or JPY 160.49 per share.
The company announced dividend of JPY 35 per share for the fiscal year ended December 31, 2018, payable on March 28, 2019 subject to the AGM to be held on March 27, 2019 compared to JPY 25 per share paid a year ago.
For the fiscal interim of 2019, the company expects to pay an interim dividend of JPY 25.00 per share compared to JPY 25.00 per share paid a year ago.
For the fiscal year ending December 31, 2019, the company expects to pay dividend of JPY 35.00 per share compared to JPY 35.00 per share paid a year ago.
Tamron Co.,Ltd. is a Japan-based company mainly engaged in manufacture and sale of photography-related, lens-related and special equipment-related products. The Company operates through three business segments. The Photography business is engaged in the manufacture and sale of interchangeable lenses for single-lens reflex cameras and interchangeable lenses for mirrorless cameras. The Special Equipment business is engaged in the manufacture and sale of lenses for surveillance cameras, vehicles, factory automation (FA) and machine vision. The Lens business is engaged in the manufacture and sale of video camera lenses, digital camera lenses, drone lenses, and various optical device components.
Tamron Co.,Ltd. Announces Consolidated Earnings Results for the Fiscal Year Ended December 31, 2018; Announces Dividend for the Fiscal Year Ended December 31, 2018, Payable on March 28, 2019; Provides Dividend Guidance for the Fiscal Interim of 2019 and Fiscal Year Ending December 31, 2019; Provides Consolidated Earnings Guidance for the Fiscal First Half of 2019 and Fiscal Year Ending December 31, 2019