Tamron Co.,Ltd. Revises Earnings Guidance for the First Half Ended June 30, 2019
July 24, 2019 at 02:00 am EDT
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Tamron Co.,Ltd. revised earnings guidance for the first half ended June 30, 2019. For the period, the company expects net sales are expected to be JPY 29,000 million, Operating income is expected to be JPY 2,200 million. Ordinary income is expected to be JPY 2,500 million, Profit attributable to owners of parent is expected to be JPY 1,900 million and Net income per share is expected to be JPY 77.83 per share against its previous forecast of net sales are expected to be JPY 28,600 million, Operating income is expected to be JPY 1,600 million. Ordinary income is expected to be JPY 1,600 million, Profit attributable to owners of parent is expected to be JPY 1,150 million and Net income per share is expected to be JPY 44.69 per share.
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.