Tamron : Notice of Revision of the Financial Forecast
July 28, 2021 at 02:03 am EDT
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Tamron Co., Ltd.
Announcement of July 28, 2021
Notice of Revision of the Financial Forecast
This is to announce that the financial forecast for the first half ending June 30, 2021 announced on April 28, 2021 is revised as below based on the current business performance.
1. Revised consolidated financial forecast for the first half ending June 30, 2021
(Millions of Yen)
Profit
Net Income
Operating
Ordinary
attributable
Net Sales
per Share
Income
Income
to owners of
(Yen)
parent
Previous Forecast ( A )
25,800
2,300
2,300
1,660
79.62
Revised Forecast ( B )
27,880
3,650
3,750
2,680
128.55
Change ( B - A )
2,080
1,350
1,450
1,020
－
Rate of Change ( % )
8.1
58.7
63.0
61.4
－
（Ref.）Results for the first half
20,896
828
1,164
843
36.26
ending June 30, 2020
2. Reasons for the Revision
For consolidated financial results for the first half, net sales are expected to exceed the plan, given
that sales of interchangeable lenses made greater progress than expected in both own-brand products and OEM products, as the market for interchangeable lens cameras and interchangeable lenses remained firm and lenses for automotive applications also maintained a strong performance.
Profits are also expected to exceed the plan due to the effect of higher sales in the high-margin Photographic Products Business.
We plan to announce revisions to our full-year consolidated results forecast when we announce our financial results for the first half of FY2021.
*This material and the information provided are based on the data that are obtainable at the time of the report and it is advisable that actual results may sometimes differ from the forecasts contained herein due to various factors.
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Tamron Co. Ltd. published this content on 28 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 06:02:02 UTC.
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. 
