Tamron’s FY2025 Financial Results: Sales Down, But a Big 2026 Lens Push


Tamron has published its FY2025 (year ended Dec 31, 2025) financial results (released Feb 6, 2026) — and while the headline numbers show a year-over-year dip, the company is signaling an aggressive new-product cadence for 2026, including Fujifilm X-mount.

FY2025 highlights (consolidated)

  • Net sales: ¥85,071 million (-3.8% YoY)
  • Operating profit: ¥16,638 million (-13.4% YoY)
  • Ordinary profit: ¥16,699 million (-13.5% YoY)
  • Net profit attributable to owners: ¥11,761 million (-19.0% YoY)

For FY2026 (year ending Dec 31, 2026), Tamron’s outlook calls for:

  • Net sales: ¥91,000 million (+7.0% YoY)
  • Operating profit: ¥18,500 million (+11.2% YoY)
  • Net profit attributable to owners: ¥13,690 million (+16.4% YoY)

Photography business: Mirrorless demand stays healthy, DSLR keeps shrinking

In Tamron’s investor deck, the company highlights a continuing trend: DSLR keeps falling fast, while mirrorless remains healthier.

  • DSLR lenses (2025 full-year market snapshot): -31% units / -36% value
  • Mirrorless: +13% units / +3% value
  • Interchangeable lenses overall: roughly flat in value (-0%) with units up

The big headline for Fuji shooters: Tamron targets “10 lenses” in 2026

Tamron’s deck says it is moving from a “6–7 lenses/year” pace to “10 lenses in 2026” as a new medium-term direction. One important note: this count can include the same optical design launched in multiple mounts, so the number of completely new designs may be smaller.

Where Fujifilm X stands today in Tamron’s lineup

Tamron’s own materials show Fujifilm X-mount is currently a 4-lens lineup:

Lenses Tamron “could/should” bring to Fujifilm X-mount (current Tamron designs)

Below is a practical shortlist based on Tamron’s current mirrorless lineup (especially Sony E-mount) that could make a lot of sense for Fujifilm X.

1) The obvious high-demand ports

2) Wide/standard zoom gaps worth filling

3) “Statement” lenses (less likely, but would be a big deal)

Why this matters for Fujifilm in 2026

If Tamron’s “10 lenses” plan produces even 2–3 meaningful X-mount additions, it could quickly reshape the buying landscape for Fuji shooters — especially in telephoto zooms, macro, and compact travel zooms where third-party pricing can be a major advantage.

via Tamron

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