Tamron Co., Ltd. (JP:7740)
:7740
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Tamron Co., Ltd.
(7740)
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Rating:75Outperform
Price Target:
¥1,155.00
▲(8.65% Upside)
Action:ReiteratedDate:02/08/26
The score is driven primarily by strong financial health (high margins and very low leverage), supported by a reasonable valuation and dividend yield. This is tempered by weak-to-neutral technical momentum and the notable 2025 revenue decline, which raises near-term growth uncertainty.
Positive Factors
High margins
Tamron’s sustained high gross margins and materially expanded EBIT and net margins over 2020–2025 indicate durable pricing power and manufacturing efficiency. Strong margins support cash generation and buffer profitability when volumes slip, underpinning long‑term operating resilience.
Negative Factors
Sharp 2025 revenue decline
A roughly 31% revenue drop in 2025 materially weakens near-term top-line visibility and can erode operating leverage. Such a large decline may require multiple quarters to recover, pressuring margins, returns and strategic investments until demand normalizes or new programs ramp.
Read all positive and negative factors
Positive Factors
Negative Factors
High margins
Tamron’s sustained high gross margins and materially expanded EBIT and net margins over 2020–2025 indicate durable pricing power and manufacturing efficiency. Strong margins support cash generation and buffer profitability when volumes slip, underpinning long‑term operating resilience.
Read all positive factors
Tamron Co., Ltd. (7740) vs. iShares MSCI Japan ETF (EWJ)
Market Cap
¥174.98B
Dividend Yield3.47%
Average Volume (3M)427.34K
Price to Earnings (P/E)14.2
Beta (1Y)0.95
Revenue Growth-5.65%
EPS Growth-16.35%
CountryJP
Employees4,820
SectorConsumer Cyclical
Sector Strength84
IndustryLeisure
Share Statistics
EPS (TTM)10.59
Shares Outstanding170,800,000
10 Day Avg. Volume383,470
30 Day Avg. Volume427,340
Financial Highlights & Ratios
PEG Ratio-0.83
Price to Book (P/B)1.94
Price to Sales (P/S)1.96
P/FCF Ratio15.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)86.74
Revenue Forecast (FY)¥90.80B
Tamron Co., Ltd. Business Overview & Revenue Model
Company Description
Tamron Co.,Ltd., together with its subsidiaries, manufactures and sells precision optical products. It operates through three segments: Photo-Related Business; Monitoring & FA Related Business; and Mobility & Healthcare, Other Business. The Photo-...
How the Company Makes Money
Tamron generates revenue primarily through the sale of its optical products, particularly camera lenses, which are marketed to both amateur and professional photographers. The company earns income from retail sales as well as through partnerships ...
Tamron Co., Ltd. Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
92
Very Positive
Cash Flow
74
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 85.34B | 85.07B | 88.47B | 71.43B | 63.45B | 57.54B |
| Gross Profit | 38.10B | 37.42B | 39.39B | 31.66B | 27.62B | 23.21B |
| EBITDA | 20.55B | 20.05B | 22.29B | 17.00B | 14.49B | 10.43B |
| Net Income | 13.37B | 11.76B | 14.53B | 10.81B | 8.35B | 5.17B |
Balance Sheet | ||||||
| Total Assets | 96.53B | 106.05B | 102.18B | 87.06B | 75.56B | 67.06B |
| Cash, Cash Equivalents and Short-Term Investments | 33.16B | 35.37B | 38.38B | 32.64B | 29.95B | 25.83B |
| Total Debt | 1.57B | 1.04B | 2.33B | 1.91B | 1.99B | 2.04B |
| Total Liabilities | 17.73B | 20.13B | 19.85B | 16.33B | 14.98B | 14.53B |
| Stockholders Equity | 78.81B | 85.91B | 82.33B | 70.73B | 60.57B | 52.54B |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 10.73B | 12.79B | 5.37B | 6.15B | 6.68B |
| Operating Cash Flow | 0.00 | 15.10B | 17.64B | 10.03B | 9.23B | 8.66B |
| Investing Cash Flow | 0.00 | -7.34B | -6.73B | -5.14B | -3.87B | -3.78B |
| Financing Cash Flow | 0.00 | -11.13B | -6.02B | -2.78B | -2.04B | -1.25B |
Tamron Co., Ltd. Technical Analysis
Positive
1063.00
Price Trends
1020.86
Positive
1024.05
Positive
991.97
Positive
Market Momentum
10.44
Negative
58.77
Neutral
68.27
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:7740, the sentiment is Positive. The current price of 1063 is above the 20-day moving average (MA) of 1018.65, above the 50-day MA of 1020.86, and above the 200-day MA of 991.97, indicating a bullish trend. The MACD of 10.44 indicates Negative momentum. The RSI at 58.77 is Neutral, neither overbought nor oversold. The STOCH value of 68.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:7740.
Tamron Co., Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
JP:7740
Tamron Co., Ltd.
1,054.00
313.04
42.25%
JP:7731
Nikon
1,945.50
509.28
35.46%
Tamron Co., Ltd. Corporate Events
Tamron Unveils FY2025 Results and Upgraded ‘Value Creation 26 ver. 2.0’ Growth Plan
Feb 6, 2026
Tamron Co., Ltd. has presented its FY2025 financial results alongside an updated medium-term management plan and a renewed long-term vision, branded “Value Creation 26 ver. 2.0.” The disclosure outlines performance by key segments̵...
Tamron Revamps Board with Finance and Governance Experts Ahead of March 2026 AGM
Feb 6, 2026
Tamron Co., Ltd. has announced a broad reshuffle of its board of directors, to take effect following shareholder approval at the annual general meeting on March 27, 2026. Several current directors, including outside directors and full-time Audit ...
Tamron Sees FY2025 Profit Decline but Projects Earnings Recovery in FY2026
Feb 6, 2026
Tamron reported a 3.8% decline in FY2025 net sales to ¥85.1 billion, with operating income down 13.4% and profit attributable to owners of parent falling 19.0%, reflecting margin pressure despite a still-strong operating margin near 20%. Whil...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
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This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.