Entertainment, Technology & Service Segment take aways. FY25 Q2 sales decreased 7% year-on-year, primarily due to a decrease in unit sales of TVs. Operating income decreased 13% year-on-year primarily due to the impact of the decrease in sales, partially offset by reductions in operating expenses. We have slightly increased our full-year forecast for sales from […]
Tamron released their Q1 FY2025 financial results – here is the summary: Sales decline in photographic products (Own-brand): Continued slump in sales in the US market, and reactionary decline in China market from high growth in 1Q, 2024. Continuing geopolitical risks and uncertainty over the policies of the new U.S. administration have led to a widespread […]
Entertainment, Technology & Service Segment take aways. Next is the ET&S segment. Sales for the quarter decreased 4% year-on-year to 704.5 billion yen, primarily due to a decrease in unit sales of televisions, while operating income remained essentially flat at 77.1 billion yen. The full-year forecast is unchanged from the previous forecast. Imaging & Sensing […]
Entertainment, Technology & Service Segment take aways. Next is the ET&S segment. Sales for the quarter were 619.8 billion yen, essentially flat year-onyear. Operating income increased 15% year-on-year to 70.2 billion yen, mainly due to the favorable impact of foreign exchange rates and cost reduction effects. The FY24 forecast remains unchanged from the previous forecast. […]
Tamron released its financial results and sales continue to grow. Tamron also expects to release 7 new lenses in 2024 which means they intend to launch 3 more lenses this year. You can read more from Tamron’s investor relations here. Tamron lenses can be found on B&H Photo and Amazon.
Entertainment, Technology & Service Segment take aways. FY23 sales were 2 trillion 453.7 billion yen, essentially flat year-on-year. This was mainly due to a decrease in the unit sales of televisions, offset by an impact from foreign exchange rates. Operating income increased 7.9 billion yen year-on-year to 187.4 billion yen, mainly due to the favorable […]