Seiko Epson Corporation (TSE: 6724, "Epson") moved today to the Prime Market, which was created in conjunction with a restructuring of the Tokyo Stock Exchanges market segments.
Epson opted for listing on the Prime Market, which is intended for companies that have a market capitalization (liquidity) that makes them attractive to many institutional investors, that have a higher level of governance, and that commit to sustainable growth and improvement of medium- to long-term corporate value, making constructive dialogue with investors a top priority.
With the move to the Prime Market, Epson will redouble its efforts to strengthen its corporate governance framework, proactively engage investors in dialogue, and further raise the quality of management. The Prime Market is designed for companies that will lead the global economy. As a company on the Prime Market, Epson will seek to realize the aspirational goal set forth in the Epson 25 Renewed corporate vision by solving societal issues, thereby earning the trust of shareholders and other stakeholders, and increasing corporate value.
About Epson
Epson is a global technology leader dedicated to co-creating sustainability and enriching communities by leveraging its efficient, compact, and precision technologies and digital technologies to connect people, things, and information. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson will become carbon negative and eliminate use of exhaustible underground resources such as oil and metal by 2050.
Led by the Japan-based Seiko Epson Corporation, the worldwide Epson Group generates annual sales of around JPY 1 trillion.
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Seiko Epson Corporation published this content on 04 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 April 2022 02:13:06 UTC.
Seiko Epson Corporation specializes in the design, manufacturing and marketing of printing, visual communication and watchmaking equipment and systems, and industrial devices. Net sales break down by family of products as follows:
- printing equipment (71%): printers, scanners, copiers, digital presses, fax machines, ticket printers, labellers, etc. for businesses and individuals. The group also offers consumables (ink cartridges, toners, ribbons, etc.);
- visual communication systems (14.2%): multimedia projectors, smart glasses, LCD displays, etc. ;
- watches and industrial products (14.1%): electronic and mechanical watches, wristwatches, chronometers, optoelectronic devices, precision machine tools, robotic systems, mechatronic products, micro-devices, etc.
- other (0.7%).
At the end of March 2021, Seiko Epson operated 27 production sites worldwide.
Net sales are distributed geographically as follows: Japan (22.3%), the United States (21%), China (14.5%) and other (42.2%).
SEIKO EPSON CORPORATION 
