Announcement • Mar 07
Tamura Corporation to Report Fiscal Year 2026 Results on May 11, 2026 Tamura Corporation announced that they will report fiscal year 2026 results on May 11, 2026 Announcement • Dec 01
Tamura Corporation to Report Q3, 2026 Results on Feb 06, 2026 Tamura Corporation announced that they will report Q3, 2026 results on Feb 06, 2026 Announcement • Sep 25
Tamura Corporation to Report Q2, 2026 Results on Nov 10, 2025 Tamura Corporation announced that they will report Q2, 2026 results on Nov 10, 2025 Announcement • Jun 03
Tamura Corporation to Report Q1, 2026 Results on Aug 06, 2025 Tamura Corporation announced that they will report Q1, 2026 results on Aug 06, 2025 Announcement • May 13
Tamura Corporation (TSE:6768) announces an Equity Buyback for 3,500,000 shares, representing 4.25% for ¥1,000 million. Nagaileben Co., Ltd. (TSE:7447) announces a share repurchase program. Under the program, the company will repurchase up to 3,500,000 shares, representing 4.25% of its issued share capital, for ¥1,000 million. The purpose of the program is to enhance shareholder returns and further improve capital efficiency. The program will be valid till March 31, 2026. As of March 31, 2025, the company has 82,299,673 issued shares (excluding treasury stock) and 968,779 treasury shares. Announcement • Mar 04
Tamura Corporation to Report Fiscal Year 2025 Results on May 12, 2025 Tamura Corporation announced that they will report fiscal year 2025 results on May 12, 2025 Announcement • Feb 26
Tamura Corporation Announces Board and Executive Changes Tamura Corporation announced that a meeting of the Board of Directors held y resolved to make the following changes in representative directors, based on a report of the Nomination and Remuneration Advisory Committee. Name: Masahiro Asada. New Title: Chairperson, Representative Director, CEO & CFO. Current Title: Representative Director, President, CEO & CFO. Name: Mitsutaka Nakamura. New title: Representative Director, President, COO. Current title: Director, EVP & CSO, In Charge of Corporate strategy. Date of Change: April 1, 2025. Reason for Change: This change aims to promote further growth as a company and ensure a smooth generational transition in the management team. Under the leadership of Mitsutaka Nakamura, who will assume the role of President and COO, the Company will advance the 14th Medium-term Management Plan starting April 1, 2025, to enhance corporate value. Masahiro Asada will support the development of Tamura Group's business and the stability of management as Chairperson and CEO. Name: Mitsutaka Nakamura. Date of Birth: March 9, 1971. Career: September 1997- Joined Tamura Kaken Corporation (Currently Tamura Corporation). October2016- General Manager of Electronic Chemicals Business Sector Sales. October 2017- Executive Officer, General Manager of PWB Functional Materials Division; Electronic Chemicals/FA Systems Business Sector. April 2019- Senior Executive Officer, General Manager of PWB Functional Materials Division, Electronic Chemicals/FA Systems Business Sector. April 2021 -President, Tamura Corporation (Thailand) Co. Ltd. April 2022- Deputy General Manager of Electronic Components Business Sector. April 2023 -General Manager of Electronic Components Business Sector Sales. June 2024 -Director, EVP & CSO, in charge of Corporate Strategy. October 2024 -Head of Marketing Strategy Division. Announcement • Dec 13
Tamura Corporation to Report Q3, 2025 Results on Feb 06, 2025 Tamura Corporation announced that they will report Q3, 2025 results on Feb 06, 2025 Reported Earnings • Nov 17
Second quarter 2025 earnings released: EPS: JP¥1.76 (vs JP¥0.32 in 2Q 2024) Second quarter 2025 results: EPS: JP¥1.76 (up from JP¥0.32 in 2Q 2024). Revenue: JP¥28.0b (up 2.3% from 2Q 2024). Net income: JP¥144.0m (up 454% from 2Q 2024). Profit margin: 0.5% (up from 0.1% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 9.7% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 18% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 20
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 27 September 2024. Payment date: 02 December 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). In line with average of industry peers (1.8%). Announcement • Aug 30
Tamura Corporation to Report Q2, 2025 Results on Nov 08, 2024 Tamura Corporation announced that they will report Q2, 2025 results on Nov 08, 2024 New Risk • Aug 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.7% average weekly change). Reported Earnings • Aug 07
First quarter 2025 earnings released: EPS: JP¥9.76 (vs JP¥0.32 in 1Q 2024) First quarter 2025 results: EPS: JP¥9.76 (up from JP¥0.32 in 1Q 2024). Revenue: JP¥24.4b (flat on 1Q 2024). Net income: JP¥798.0m (up JP¥772.0m from 1Q 2024). Profit margin: 3.3% (up from 0.1% in 1Q 2024). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Aug 05
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €3.34, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 41% over the past three years. Declared Dividend • Jul 11
Final dividend of JP¥5.00 announced Shareholders will receive a dividend of JP¥5.00. Ex-date: 27th September 2024 Payment date: 2nd December 2024 Dividend yield will be 125%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is not covered by earnings (102% earnings payout ratio). However, it is well covered by cash flows (13% cash payout ratio). The dividend has increased by an average of 5.2% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 13% to bring the payout ratio under control. EPS is expected to grow by 37% over the next 2 years, which is sufficient to bring the dividend into a sustainable range. Announcement • Jun 06
Tamura Corporation to Report Q1, 2025 Results on Aug 05, 2024 Tamura Corporation announced that they will report Q1, 2025 results on Aug 05, 2024 Valuation Update With 7 Day Price Move • May 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €4.40, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 13x in the Electronic industry in Germany. Total returns to shareholders of 6.3% over the past three years. Reported Earnings • May 13
Full year 2024 earnings released: EPS: JP¥27.41 (vs JP¥25.01 in FY 2023) Full year 2024 results: EPS: JP¥27.41 (up from JP¥25.01 in FY 2023). Revenue: JP¥106.6b (down 1.3% from FY 2023). Net income: JP¥2.24b (up 9.4% from FY 2023). Profit margin: 2.1% (up from 1.9% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 3.8% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 12
Tamura Corporation, Annual General Meeting, Jun 26, 2024 Tamura Corporation, Annual General Meeting, Jun 26, 2024. Upcoming Dividend • Mar 21
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 01 July 2024. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.9%). Higher than average of industry peers (1.5%). Announcement • Mar 03
Tamura Corporation to Report Fiscal Year 2024 Results on May 10, 2024 Tamura Corporation announced that they will report fiscal year 2024 results on May 10, 2024 Reported Earnings • Feb 08
Third quarter 2024 earnings released: EPS: JP¥8.39 (vs JP¥8.95 in 3Q 2023) Third quarter 2024 results: EPS: JP¥8.39 (down from JP¥8.95 in 3Q 2023). Revenue: JP¥27.0b (down 6.4% from 3Q 2023). Net income: JP¥686.0m (down 6.2% from 3Q 2023). Profit margin: 2.5% (in line with 3Q 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Feb 06
Tamura Corporation Provides Dividend Guidance for the Year Ending March 31, 2024 Tamura Corporation provided dividend guidance for the year ending March 31, 2024. For the year, the company expects to pay dividend of JPY 5.00 per share. New Risk • Dec 17
New major risk - Revenue and earnings growth Earnings have declined by 39% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 39% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.8% net profit margin). Announcement • Dec 03
Tamura Corporation to Report Q3, 2024 Results on Feb 05, 2024 Tamura Corporation announced that they will report Q3, 2024 results on Feb 05, 2024 Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: JP¥0.32 (vs JP¥13.33 in 2Q 2023) Second quarter 2024 results: EPS: JP¥0.32 (down from JP¥13.33 in 2Q 2023). Revenue: JP¥27.4b (up 7.5% from 2Q 2023). Net income: JP¥26.0m (down 98% from 2Q 2023). Profit margin: 0.1% (down from 4.3% in 2Q 2023). Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Sep 21
Upcoming dividend of JP¥5.00 per share at 1.7% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 01 December 2023. Payout ratio is a comfortable 43% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%). Announcement • Aug 31
Tamura Corporation to Report Q2, 2024 Results on Nov 07, 2023 Tamura Corporation announced that they will report Q2, 2024 results on Nov 07, 2023 Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: JP¥0.32 (vs JP¥1.92 in 1Q 2023) First quarter 2024 results: EPS: JP¥0.32 (down from JP¥1.92 in 1Q 2023). Revenue: JP¥24.5b (up 2.2% from 1Q 2023). Net income: JP¥26.0m (down 84% from 1Q 2023). Profit margin: 0.1% (down from 0.7% in 1Q 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. New Risk • Jun 18
New minor risk - Dividend sustainability The dividend is not well covered by cash flows. The company is paying a dividend despite having no free cash flows. Dividend yield: 1.5% This is considered a minor risk. Dividends are ultimately paid out of the company's available cash reserves. Companies that pay out too much of their cash flow are at risk of having to reduce or cut their dividend in future. If cash flow growth slows or cash flows fall, then there may not be enough cash reserves to maintain the same dividend. Or in extreme cases, companies may opt to take on debt to maintain the dividend. This risk is mitigated by the fact the dividend is covered by earnings, however, cash flows are generally more important. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Large one-off items impacting financial results. Announcement • May 31
Tamura Corporation to Report Q1, 2024 Results on Aug 04, 2023 Tamura Corporation announced that they will report Q1, 2024 results on Aug 04, 2023 Reported Earnings • May 15
Full year 2023 earnings released: EPS: JP¥25.01 (vs JP¥1.02 loss in FY 2022) Full year 2023 results: EPS: JP¥25.01 (up from JP¥1.02 loss in FY 2022). Revenue: JP¥108.0b (up 22% from FY 2022). Net income: JP¥2.05b (up JP¥2.13b from FY 2022). Profit margin: 1.9% (up from net loss in FY 2022). Revenue is forecast to grow 3.0% p.a. on average during the next 2 years, compared to a 14% growth forecast for the Electronic industry in Germany. Announcement • May 13
Tamura Corporation, Annual General Meeting, Jun 28, 2023 Tamura Corporation, Annual General Meeting, Jun 28, 2023. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 29 June 2023. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%). Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: JP¥8.95 (vs JP¥5.16 loss in 3Q 2022) Third quarter 2023 results: EPS: JP¥8.95 (up from JP¥5.16 loss in 3Q 2022). Revenue: JP¥28.9b (up 35% from 3Q 2022). Net income: JP¥731.0m (up JP¥1.16b from 3Q 2022). Profit margin: 2.5% (up from net loss in 3Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Announcement • Nov 30
Tamura Corporation to Report Q3, 2023 Results on Feb 03, 2023 Tamura Corporation announced that they will report Q3, 2023 results on Feb 03, 2023 Reported Earnings • Nov 17
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: JP¥25.5b (up 18% from 2Q 2022). Net income: JP¥1.09b (up 418% from 2Q 2022). Profit margin: 4.3% (up from 1.0% in 2Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Board Change • Nov 17
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akira Kubota was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: JP¥13.33 (vs JP¥2.57 in 2Q 2022) Second quarter 2023 results: EPS: JP¥13.33 (up from JP¥2.57 in 2Q 2022). Revenue: JP¥25.5b (up 18% from 2Q 2022). Net income: JP¥1.09b (up 418% from 2Q 2022). Profit margin: 4.3% (up from 1.0% in 2Q 2022). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 01 December 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.5%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.2%). Announcement • Sep 03
Tamura Corporation to Report Q2, 2023 Results on Nov 14, 2022 Tamura Corporation announced that they will report Q2, 2023 results on Nov 14, 2022 Reported Earnings • Aug 07
First quarter 2023 earnings released: EPS: JP¥1.92 (vs JP¥3.24 loss in 1Q 2022) First quarter 2023 results: EPS: JP¥1.92 (up from JP¥3.24 loss in 1Q 2022). Revenue: JP¥24.0b (up 23% from 1Q 2022). Net income: JP¥158.0m (up JP¥424.0m from 1Q 2022). Profit margin: 0.7% (up from net loss in 1Q 2022). Over the next year, revenue is forecast to grow 3.0%, compared to a 21% growth forecast for the industry in Germany. Announcement • Jun 03
Tamura Corporation to Report Q1, 2023 Results on Aug 05, 2022 Tamura Corporation announced that they will report Q1, 2023 results on Aug 05, 2022 Reported Earnings • May 13
Full year 2022 earnings released: JP¥1.02 loss per share (vs JP¥6.60 profit in FY 2021) Full year 2022 results: JP¥1.02 loss per share (down from JP¥6.60 profit in FY 2021). Revenue: JP¥88.3b (up 20% from FY 2021). Net loss: JP¥84.0m (down 116% from profit in FY 2021). Over the next year, revenue is forecast to grow 13%, compared to a 25% growth forecast for the industry in Germany. Announcement • May 13
Tamura Corporation, Annual General Meeting, Jun 28, 2022 Tamura Corporation, Annual General Meeting, Jun 28, 2022. Board Change • Apr 29
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 6 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Outside Director Akira Kubota was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 23
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 28 June 2022. The company is paying out more than 100% of its profits and is cash flow negative. Trailing yield: 1.6%. Lower than top quartile of German dividend payers (3.6%). Higher than average of industry peers (0.7%). Announcement • Mar 03
Tamura Corporation to Report Fiscal Year 2022 Results on May 11, 2022 Tamura Corporation announced that they will report fiscal year 2022 results on May 11, 2022 Reported Earnings • Feb 06
Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Third quarter 2022 results: JP¥5.16 loss per share (down from JP¥3.47 loss in 3Q 2021). Revenue: JP¥21.4b (up 13% from 3Q 2021). Net loss: JP¥424.0m (loss widened 49% from 3Q 2021). Revenue exceeded analyst estimates by 2.4%. Over the next year, revenue is forecast to grow 9.9%, compared to a 23% growth forecast for the industry in Germany. Reported Earnings • Nov 06
Second quarter 2022 earnings released: EPS JP¥2.57 (vs JP¥4.16 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: JP¥21.6b (up 20% from 2Q 2021). Net income: JP¥211.0m (down 38% from 2Q 2021). Profit margin: 1.0% (down from 1.9% in 2Q 2021). The decrease in margin was driven by higher expenses. Upcoming Dividend • Sep 22
Upcoming dividend of JP¥5.00 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 01 December 2021. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.7%). Reported Earnings • Aug 06
First quarter 2022 earnings released: JP¥3.24 loss per share (vs JP¥3.84 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: JP¥19.5b (up 28% from 1Q 2021). Net loss: JP¥266.0m (loss narrowed 16% from 1Q 2021). Reported Earnings • May 14
Full year 2021 earnings released: EPS JP¥6.60 (vs JP¥12.48 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: JP¥73.9b (down 7.2% from FY 2020). Net income: JP¥542.0m (down 47% from FY 2020). Profit margin: 0.7% (down from 1.3% in FY 2020). The decrease in margin was driven by lower revenue. Upcoming Dividend • Mar 23
Upcoming Dividend of JP¥5.00 Per Share Will be paid on the 26th of June to those who are registered shareholders by the 30th of March. The trailing yield of 1.5% is below the top quartile of German dividend payers (3.3%), but it is higher than industry peers (0.5%). Announcement • Mar 04
Tamura Corporation to Report Fiscal Year 2021 Results on May 11, 2021 Tamura Corporation announced that they will report fiscal year 2021 results on May 11, 2021 Is New 90 Day High Low • Feb 25
New 90-day low: €4.10 The company is down 1.0% from its price of €4.16 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electronic industry, which is up 9.0% over the same period. Reported Earnings • Feb 07
Third quarter 2021 earnings released: JP¥3.47 loss per share (vs JP¥3.12 profit in 3Q 2020) The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: JP¥19.0b (down 2.9% from 3Q 2020). Net loss: JP¥285.0m (down 211% from profit in 3Q 2020). Analyst Estimate Surprise Post Earnings • Feb 07
Revenue beats expectations Revenue exceeded analyst estimates by 2.1%. Over the next year, revenue is forecast to grow 5.5%, compared to a 23% growth forecast for the Electronic industry in Germany. Is New 90 Day High Low • Dec 10
New 90-day high: €4.50 The company is up 4.0% from its price of €4.34 on 10 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Electronic industry, which is up 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €2.09 per share. Announcement • Dec 05
Tamura Corporation to Report Q3, 2021 Results on Feb 04, 2021 Tamura Corporation announced that they will report Q3, 2021 results on Feb 04, 2021 Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 3.5%. Over the next year, revenue is forecast to stay flat compared to a 23% growth forecast for the Electronic industry in Germany. Reported Earnings • Nov 07
Second quarter 2021 earnings released: EPS JP¥4.16 The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: JP¥18.0b (down 9.9% from 2Q 2020). Net income: JP¥342.0m (down 56% from 2Q 2020). Profit margin: 1.9% (down from 3.8% in 2Q 2020). The decrease in margin was driven by lower revenue. Announcement • Sep 04
Tamura Corporation to Report Q2, 2021 Results on Nov 05, 2020 Tamura Corporation announced that they will report Q2, 2021 results on Nov 05, 2020