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The following is an unedited press release, shown as received from the company represented. We've elected to present selected releases without editorial comment, as a way to provide our readers more information without further overtaxing our limited editorial resources. To avoid any possible confusion or conflict of interest, the Imaging Resource will always clearly distinguish between company-provided press releases and our own editorial views and content.

Tamron's logo. Click here to visit the Tamron website! PRESS RELEASE: Influence on Operations by 3.11 Earthquake That Hit Pacific Coastal Regions of Northeastern Japan


Influence on Operations by 3.11 Earthquake That Hit Pacific Coastal Regions of Northeastern Japan

We wish to extend our deepest condolences and prayers to those who suffered from loss of life and casualties among families and relatives by the Tohoku/Off-Pacific Coast Earthquake Disaster that hit the area on March 11, 2011.

In this regard, may we inform you of the current status of the company operations as follows as an initial briefing:

  1. Scope of Damage and/or Destruction

    1. Bodily damage to employees
      It has been confirmed that no employee sustained any physical damage fortunately.

    2. Status of production facilities
      Likewise, no notable damage has been identified in terms of our three production facilities in Aomori Prefecture, including Hirosaki Plant [Hirosaki city], Namioka Plant [Namioka town] and Ohwani [Ohwani town, Minami-Tsugaru county].

      Nevertheless, it is anticipated that certain disruption shall become unavoidable in terms of production activities, logistics flow and customer service, including our plant in China [Tamron Optical (Foshan) Co., Ltd.] as a result of damaged transportation network and systems.

    3. Distribution of finished goods
      It is also anticipated that certain delay would be caused in delivery of finished goods to customers because of the disrupted production coupled with the slowdown in logistics.

    Evidently, it is premature to assess the extent and the scope of the negative impact, please be assured that the entire group companies of Tamron are determined to work collectively and intensively to minimize the damage to our business operations.

  2. Potential Influence on Company Performance
    While the situation is rather unsettled to make an intelligent assessment of potential influence on our company performance associated with the grossly huge disaster, we will be prepared to make a timely announcement whenever some factors are identified that could significantly impact the current term performance.


(First posted on Thursday, March 24, 2011 at 03:58 EDT)

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