Tamron FY2023 Financial Results – 6 Lenses Coming in 2024


Tamron released its FY2023 financial results and the company continues to do quite well even under current economic conditions. I hope we get some nice glass from Tamron in 2024, because they currently make some of the best glass on E-mount at a great price point.

  • Sales of our own brand interchangeable lenses increased even excluding favorable foreign exchange effects, driven by the launch of new mirrorless models and strong sales in Japan and Chania.
  • Although OEM sales decreased in 1st half compared to the strong sales in the previous year, full-year sales remained strong due to strong sales in 2nd half with positive impact of exchange rates.
  • Achieved record high operating income in the second consecutive year following 2022 with improving gross profit, continuing its trend of high profitability.


FY2024 forecast for Tamron Photographic Products:

  • Although OEM sales slightly decline, plan to continue increase in Own-brand sales by expanding lineup and strengthening sales in
    overseas markets.
  • Accelerate the pace of new own-brand models launches.
  • Scheduled to launch 6 new models in 2024, which will increase the new model sales ratio to 25%.
  • Despite higher material costs by rising prices of resources, plan to maintain a high profitability structure and achieve profits growth.


Tamron 17-70mm f/2.8 Di III-A VC RXD:
B&H Photo / Amazon / Adorama
Tamron 18-300mm f/3.5-6.3 Di III-A VC VXD:
B&H Photo / Amazon / Adorama
Tamron 150-500mm F/5-6.7 Di III VC VXD:
B&H Photo / Amazon / Adorama
Tamron 11-20mm f/2.8 Di III-A RXD:
B&H Photo / Amazon / Adorama

via: Tamron, Photorumors

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