Tamron lens business is booming: record-high profits for the 1st quarter and plans to launch 7 new lenses in 2024
Tamron Q1 financial report has been published. The operating Income increased significantly by approximately 1.7 times YoY with Significant record-high profits for the 1st quarter. Tamron writes:
Interchangeable lenses market showed double-digit growth on both volume and value basis, reflecting the strong performance of the camera market.
Those are their sales based on the region:
- Japan…2.07 billion yen (1.434 billion yen in Q1 2023)
- North America… 1,307 million yen (1,412 million yen)
- Europe… 1,299 million yen (1,417 million yen)
- Asia…8,836 million yen (4,977 million yen)
- Others…430 million yen (373 million yen)
As you can see it’s Asia and Japan that are driving the sales. Europe and North America actually had a decline in sales.
And the forecast looks great too:
Both in Own-Brand products and OEM products, double-digit upward revision of Original Forecast to double-digit sales growth. Despite of increase in materials costs due to higher raw material costs, planned to achieve double-digit Operating Income growth with high profitability.
Tamron also stated that a total of 7 lenses will be launched in 2024. Two of them have been already announced:
I guess some of the remaining 5 lenses will be new Z/X/RF mount versions of current E-mount lenses. But hopefully they will also launch some exciting new E-mount lenses they patented in the past years:
24-110mm f/4.0
25-50mm f/2.0
28-100mm f/2.8
28-120mm f/4.0
28mm f/1.4
30mm f/1.4
35mm f/1.4
40mm f/1.4
50mm f/1.4
75mm f/1.4
60mm f/2.0 macro
70-130mm f/2.0
90mm f/2.8 macro
135mm f/1.8
150mm f/2.8 macro
180mm f/3.5 macro
350mm f/4.5
200-400mm f/4.0
200-800mm f/5.6
13mm f/1.8 (APS-C)
18-55mm f/3.5-5.6 (APS-C)
18-500mm f/3.5-6.5 (APS-C)
Fingers crossed 1-2 of those designs will be coming in 2024!