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Tamron confirmed that they will have a minor impact on the latest tariffs introduced by President Trump because they have already transferred 85% of production outside of China

✇Photo Rumors
Par : PR admin
22 mars 2025 à 00:26


I already reported that Tamron opened a new manufacturing plant in Vietnam to avoid the new China tariffs:

Tamron did not introduce any new lenses at CP+, but they did announce a new manufacturing plant in Vietnam (to avoid China tariffs?)

In a recent Q&A session, Tamron confirmed that they will have a minor impact on the latest tariffs introduced by President Trump because they have already transferred about 85% of production to Vietnam and Aomori outside of China:

Q10. What do you think about the impact of President Trump's tariff policy? If tariffs on China become higher, will there be a big impact?

A10. We will be affected to some extent by the increase in tariffs on China, but in response to the increase in tariffs on China during the previous Trump administration, we have been gradually transferring production of the affected parts from China to Vietnam since then. The company's own brand, as shown in the photo, will be particularly affected, but for our own brand, we will leave some models produced in China and have already transferred about 85% of production to Vietnam and Aomori outside of China, so we believe the impact will be minor. *From the Q&A materials (PDF) for the financial results briefing for the fiscal year ending December 2024 (via dclife)

The post Tamron confirmed that they will have a minor impact on the latest tariffs introduced by President Trump because they have already transferred 85% of production outside of China appeared first on Photo Rumors.

Tamron did not introduce any new lenses at CP+, but they did announce a new manufacturing plant in Vietnam (to avoid China tariffs?)

✇Photo Rumors
Par : PR admin
1 mars 2025 à 18:45


Tamron did not introduce any new lenses for the 2025 CP+ show, but they did announce that the company has completed construction and started operations at its second manufacturing plant in Vietnam (to avoid tariffs on goods from China?):


Additional information:

Tamron Begins Operation of New Vietnam Plant - Strengthening Global Tripolar Production System in Anticipation of Business Expansion

Tamron Co., Ltd.

Tamron Co., Ltd. (President and CEO: Shogo Sakuraba, headquartered in Saitama City), a comprehensive manufacturer of optical equipment, today announced that it has completed construction and started operations at its second Vietnam plant, "Tamron Vietnam Vinh Phuc Plant," which was constructed with an investment of approximately 4 billion yen in order to expand production capacity, strengthen its system for stable supply, and strengthen its cost response capabilities.

Tamron Vietnam's Vinh Phuc Plant - completed

This factory is a mass production factory that can perform lens processing, metal processing, molding, painting, and assembly in one place, and we aim to establish a mass production system in 2026 and to be fully operational in 2028. By achieving this, our group's production capacity is expected to increase by approximately 1.2 times compared to 2024. We have a global tripolar production system, with our Aomori factory in Japan playing the role of a "mother factory" that establishes production technology, our China factory expanding production of products for the Chinese domestic market, and our two factories in Vietnam expanding production of products for the global market.

In addition to geopolitical risks, tariff risks against China have been increasing in recent years, but in anticipation of the emergence of such risks, we have been proceeding with the construction of this factory since 2023. In a rapidly changing society, we will continue to improve and strengthen our production system so that we can continue to deliver optical products to customers around the world.

Completion ceremony

The completion ceremony held on February 19, 2025

Overview of Tamron Vietnam's Vinh Phuc Plant

address Thang Long Industrial Park 3, Vinh Phuc Province, Vietnam
Operation January 2025
Main production items Photographic lenses, surveillance lenses, automotive lenses
Number of Employees 1,500 people (at full capacity in 2028)
Investment Amount Approximately 4 billion yen
Land area Approximately 25,000㎡
Building area Approximately 8,000㎡
Total floor area Approximately 28,500㎡ (factory building 17,000㎡, bicycle parking area 11,500㎡)
Architectural specifications Factory building: 3 stories, bicycle parking area: 3 stories

Tamron released 2024 annual financial results

Tamron warns about counterfeit lens packaging

The post Tamron did not introduce any new lenses at CP+, but they did announce a new manufacturing plant in Vietnam (to avoid China tariffs?) appeared first on Photo Rumors.

Tamron released 2024 annual financial results

✇Photo Rumors
Par : PR admin
9 février 2025 à 18:06


Tamron released its 2024 annual financial results. The company also announced a stock split and an upward revision of the Medium-Term Management Plan. Here are the details for the Tamron Photographic Business:

  • Sales increased by approximately 10% due to the impact of new models launched through 2023 and 2024, as well as strong performance in the domestic, Chinese, and other Asian markets.
  • Sales of OEM products increased more than 1.4 times due to strong performance from the 2nd half of the previous fiscal year.
  • Operating Income on net sales improved 1.5 points YoY, and Operating Income increased significantly by approximately 1.3 times YoY.

Tamron is also planning to accelerate the development of its own-brand product to 10 new lenses per year starting in 2026:

  • Before 2023: approximately 5 new lenses per year
  • Initial medium-term (2024-2026) management plan: 6 to 7 new lenses per year
  • New medium-term (2024-2026) management plan: 10 new lenses a year from 2026


Source

The post Tamron released 2024 annual financial results appeared first on Photo Rumors.

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