Tamron Income Statement

Financials in millions JPY. Fiscal year is January - December.

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	85,071	88,475	71,426	63,445	57,539
Revenue Growth (YoY)	-3.85%	23.87%	12.58%	10.26%	18.94%
Cost of Revenue	47,653	49,088	39,768	35,822	34,332
Gross Profit	37,418	39,387	31,658	27,623	23,207
Selling, General & Admin	13,462	13,092	11,858	11,186	10,762
Research & Development	7,313	7,092	6,169	5,398	5,028
Operating Expenses	20,775	20,184	18,049	16,584	15,798
Operating Income	16,643	19,203	13,609	11,039	7,409
Interest Expense	-76	-74	-66	-38	-18
Interest & Investment Income	397	229	179	127	74
Currency Exchange Gain (Loss)	-439	-158	-40	215	-92
Other Non Operating Income (Expenses)	221	303	370	283	224
EBT Excluding Unusual Items	16,746	19,503	14,052	11,626	7,597
Gain (Loss) on Sale of Investments	-247	-	-	-	-
Gain (Loss) on Sale of Assets	-	-200	-80	-130	-67
Asset Writedown	-48	-	-	-	-112
Pretax Income	16,451	19,303	13,972	11,496	7,418
Income Tax Expense	4,690	4,777	3,160	3,146	2,245
Net Income	11,761	14,526	10,812	8,350	5,173
Net Income to Common	11,761	14,526	10,812	8,350	5,173
Net Income Growth	-19.04%	34.35%	29.48%	61.41%	164.20%
Shares Outstanding (Basic)	162	165	167	167	167
Shares Outstanding (Diluted)	162	165	167	167	167
Shares Change (YoY)	-2.23%	-1.20%	0.15%	0.13%	-5.44%
EPS (Basic)	72.79	87.90	64.64	50.00	31.02
EPS (Diluted)	72.79	87.90	64.64	50.00	31.02
EPS Growth	-17.19%	35.98%	29.29%	61.20%	179.41%
Free Cash Flow	10,728	12,791	5,372	6,152	6,682
Free Cash Flow Per Share	66.40	77.40	32.12	36.84	40.06
Dividend Per Share	36.250	35.000	21.250	14.375	10.250
Dividend Growth	3.57%	64.71%	47.83%	40.24%	64.00%
Gross Margin	43.98%	44.52%	44.32%	43.54%	40.33%
Operating Margin	19.56%	21.70%	19.05%	17.40%	12.88%
Profit Margin	13.83%	16.42%	15.14%	13.16%	8.99%
Free Cash Flow Margin	12.61%	14.46%	7.52%	9.70%	11.61%
EBITDA	20,166	22,285	16,570	13,996	10,433
EBITDA Margin	23.71%	25.19%	23.20%	22.06%	18.13%
D&A For EBITDA	3,523	3,082	2,961	2,957	3,024
EBIT	16,643	19,203	13,609	11,039	7,409
EBIT Margin	19.56%	21.70%	19.05%	17.40%	12.88%
Effective Tax Rate	28.51%	24.75%	22.62%	27.37%	30.26%
Advertising Expenses	906	930	861	669	1,030

Source: S&P Global Market Intelligence. Standard template. Financial Sources.