Tamron's photography business weakened in the first half of 2026, as the 2nd Quarter FY2026 Consolidated Financial Results report shows. Sales fell 8.2% and operating profit dropped 29.3%.
But those numbers hide a significant shift in the direction of Tamron's lens business. Own-brand lens sales increased 4.2% to ¥17.1 billion (approx. $107.9 million / £80.3 million), while sales of OEM products (made by Tamron but carrying the badge of another brand, such as Nikon) fell 23.2% to ¥10.4 billion ($65.7 million / £48.9 million).
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