The Leotax TV2, also marketed as the Merit, is a 35mm rangefinder camera produced by Showa Kogaku in Japan. It belongs to the family of Leica-screw-mount rangefinders that Japanese makers built during the 1950s for the amateur and export market.

Sales data for the TV2 (Merit) is thin: a single UK auction record from 2015 shows a hammer price of £300, which gives the only direct reference for what the model has sold for at saleroom level. With just one data point, today's value should be treated as indicative rather than a firm market price, and condition, completeness and the presence of a matched lens will swing what a clean example is worth in the current market.