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    6724   JP3414750004

SEIKO EPSON CORPORATION

(6724)
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Delayed Japan Exchange  -  12:27 2022-06-30 am EDT
1926.00 JPY   -1.23%
06/29Nikkei 225 Down 0.8% in Wall Street Cues, Profit-Taking
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06/29Seiko Epson Plans Restricted Stock Compensation
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06/28SEIKO EPSON : Notice of Disposal of Treasury Shares as Restricted Stock Compensation
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Epson projectors illuminate Nightscape entertainment venue

05/20/2022 | 11:26am EDT

Nightscape, an experiential and creative production, worked with technology company Clair Global to leverage Epson projectors for its 360-degree projection-mapped entertainment space, according to a company press release.

Nightscape is a Nashville-based experiential production and creative content company designed to provide immersive, multi-sensory experiences to transport guests into different times, places and worlds. The venue opened in April 2022 in Nashville's Gulch neighborhood.

"When building out our state-of-the-art 360-degree projection mapped venue, Epson's projectors were instrumental in helping to bring our vision to life," Mike Weinberg, CEO and founder of Nightscape, said in the release. "Their team worked hand-in-hand with ours every step of the way, with excellent communication and a consistent problem-solving mentality that put us in a great position to succeed from day one."

The venue's main space features 10 Epson Pro L1490UNL and four Epson EB-PU1008W laser projectors along with three Epson EB-PU2010W laser projectors, a 10,000 lumen projector. The projectors are rigged and illuminating from all directions, continuously casting visuals on the walls and ceilings. The Epson laser projectors fill 360 degrees of space.

"Experiential environments are on the rise and with the ability to deliver a range of dynamic worlds in one space, Nightscape is offering something magical that today's consumers crave," Ramzi Shakra, project manager, Epson America Inc., said in the release. "Weinberg's new venue breaks down barriers to offer endless entertainment possibilities — and creativity — and Epson is proud to be a part of it."

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Financials
Sales 2022 1 138 B 8 325 M 8 325 M
Net income 2022 64 520 M 472 M 472 M
Net cash 2022 74 562 M 546 M 546 M
P/E ratio 2022 10,6x
Yield 2022 3,18%
Capitalization 675 B 4 937 M 4 937 M
EV / Sales 2022 0,53x
EV / Sales 2023 0,47x
Nbr of Employees 79 944
Free-Float 73,3%
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Mean consensus HOLD
Number of Analysts 10
Last Close Price 1 950,00 JPY
Average target price 2 168,00 JPY
Spread / Average Target 11,2%
EPS Revisions
Managers and Directors
Yasunori Ogawa Manager-VI Business Promotions
Minoru Usui Manager-IJ Development Design
Sunao Murata Head-Technology & Deputy GM-DX Promotions
Kazuhiro Ichikawa Executive Officer & GM-Technology Development
Tatsuaki Seki Director, GM-Administration & Head-Compliance