Tamron Raises Dividend Forecasts for Fiscal Year 2026; Sets Longer Term Financial Targets

MT Newswires Live
Jun 16

Photographic lenses maker Tamron (TYO:7740) raised its dividend forecast for fiscal year 2026 to 51 yen per share, up from the previous 37 yen, as part of a broader revision to its shareholder return policy.

The new shareholder return policy introduces a dividend determination baseline of either a 60% payout ratio or an 8% dividend on equity (DOE), whichever is higher, effective from 2027, according to a Tokyo bourse filing on Tuesday.

In a separate disclosure, the company also set targets of 120 billion yen in net sales, 25 billion yen in operating income, and a sustainable return on equity (ROE) of 20% or more by 2029.

The company also plans to execute approximately 18 billion yen in additional returns by the end of 2029, targeting a shareholders' equity ratio of around 75%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10