Investor Relations
Investor Relations

Medium Term Management Plan

Medium-Term Management Plan ”Value Creation 26”

Positioning of "Value Creation26"

  • Medium-Term Management Plan2016-2018

    • Improve Profitability of core business
    • Expand business in growing fields
    • Improvement of corporate constitution
  • Medium-Term Management Plan"Vision23"

    • Portfolio optimization
    • Development & growth of New business
    • Establish a functional strategy
    • Development of human resources & Activate the organization
  • New Medium-Term Management Plan"Value Creation 26"

    Under Vision23’s achievements, we will overcome challenges, achieve high-quality leaps, and maximize corporate value through new endeavors.

Basic Polocy of Medium-Term Management Plan "Value Creation 26"

Basic Policy

  • Executing investments and allocation of resources for dramatic progress.
  • Building business foundations that will enable sustainable growth.

Value Creation26

Under "Vision23"’s achievements, we will overcome challenges, achieve high-quality leaps, and

maximize corporate value through new endeavors.

  • Business Strategy

    • Deepen the optimization of business portfolios
    • Create and nurse new businesses
  • Financial Strategy

    • Build an efficient and stable management structure
    • Strengthen shareholder return policy
  • ESG/Strategy for Sustainability

    • Reform corporate governance structure
    • Enrich management infrastructure/human capital
    • Continue efforts toward carbon neutrality and reduce environmental impact

Business Strategy of Medium-Term Plan "Value Creation26"

Business Strategy

Ensure continuous growth by allocating appropriate resources to each business

  • Advance the structure of the Photographic products business as a cash cow
  • Expand scale in both “Surveillance&FA lenses”, and “Mobility & Healthcare Products, Others“ business
  • ⇒Target to increase sales composition ratio of “Surveillance & FA lenses", and

    “Mobility and Healthcare, others”business by more than 15% each.

    (more than 40% sales growth from 2023 each)

  • ⇒Adjust the sales composition ratio of the Photographic products business from 3/4 to 2/3

Functional Strategy

Evolution of each function to support growth in existing business growth and new business creation

  • Production・Procurement

    • Reinforce the global tri-pilar production system by starting the 2nd plant in Vietnam
    • Increase the resilience of the supply chain, and enhance allocation flexibility
    • Promote automation・labor saving・manpower reduction
    • Re-emphasize independent profitability and establish competitive advantage
  • Marketing・Sales

    • Recover sales in US & European markets
    • Incorporate domestic demand in the Chinese market
    • Capture demand in emerging markets
    • Enhance digital marketing
    • Strengthen the ability to identify the needs on a global basis
  • R&D・New Business Creation

    • Advance fundamental optics and elemental technologies
    • Improve productivity in product design and development
    • Enhance the discovery of the seeds/connection of needs
    • Reinforce the function for new business creation
    • Accelerate open innovation design

Management Numerical Targets of Medium-Term Plan "Value Creation26"
(Announced in February 2024)

Target of "Value Creation 26" by Segment

Financial Strategy of Medium-Term Management Plan “Value Creation 26”

ESG/Strategy for Sustainability of Medium-Term Plan "Value Creation 26"

Sustainability and ESG Initiatives The Value Creation Process

Sustainability and ESG Initiatives The Value Creation Process

Tamron creates emotion and reassurance through its mastery of light, contributing to the realization of a fulfilling society.

The Value Creation Process(Sustainability)