Tamron Optical Co., Ltd. Revises Consolidated Earnings Guidance for the Fiscal Year Ending December 31, 2020
December 16, 2020 at 01:00 am EST
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Tamron Optical (Foshan) Co. Ltd. revised consolidated earnings guidance for the fiscal year ending December 31, 2020. For the year, the company now expects net sales of JPY 48,500 million against previous guidance of JPY 50,000 million. Operating Income of JPY 3,300 million against previous guidance of JPY 2,800 million. Ordinary Income of JPY 3,450 million against previous guidance of JPY 3,100 million. Profit attributable to owners of parent of JPY 1,710 million against previous guidance of JPY 2,220 million. Net Income per Share of JPY 77.56 against previous guidance of JPY 100.69.
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.