Tamron Co.,Ltd. Revises Earnings Guidance for the First Half Ending June 30, 2022 and Fiscal Year Ending December 31, 2022
April 28, 2022 at 02:00 am EDT
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Tamron Co.,Ltd. revised earnings guidance for the first half ending June 30, 2022 and fiscal year ending December 31, 2022. For the first half ending June 30, 2022, the company expects Net Sales of JPY 29,000 million against JPY 27,600 million as previously forecasted. Operating Income was JPY 3,800 million against JPY 2,900 million as previously forecasted. Profit attributable to owners of parent was JPY 2,660 million against JPY 2,030 million as previously forecasted. Net Income per Share was JPY 127.59 against JPY 97.37 as previously forecasted.
For the fiscal year ending December 31, 2022, the company expects Net Sales of JPY 62,400 million against JPY 61,000 million as previously forecasted. Operating Income was JPY 8,500 million against JPY 7,600 million as previously forecasted. Profit attributable to owners of parent was JPY 5,840 million against JPY 5,210 million as previously forecasted. Net Income per Share was JPY 280.12 against JPY 249.90 as previously forecasted.
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.