Tamron Co. Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending December 31, 2016
August 04, 2016
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Tamron Co. Ltd. announced consolidated earnings results for the six months ended June 30, 2016. For the quarter, the company's net sales were ¥30,499 million compared to ¥35,235 million a year ago. Operating income was ¥1,377 million against ¥2,764 million a year ago. Ordinary income was ¥1,486 million against ¥2,819 million a year ago. Profit attributable to owners of parent was ¥934 million or ¥36.04 per basic share against ¥2,678 million or ¥100.40 per basic share a year ago. Income before income taxes and minority interests was ¥1,409 million against ¥3,572 million a year ago.
For the full year ending December 31, 2016, on consolidated basis, the company expects net sales of ¥64,000 million, operating income of ¥3,000 million, ordinary income to be ¥3,100 million, profit attributable to owners of parent of ¥1,780 million or ¥68.67 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.
Tamron Co. Ltd. Announces Consolidated Earnings Results for the Six Months Ended June 30, 2016; Provides Earnings Guidance for the Full Year Ending December 31, 2016