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Electronic Technology

Seiko Epson Corp.

Business Summary

Seiko Epson Corp. engages in the development, manufacture, and sale of information equipment. It operates through the following business segments: Printing Solutions, Visual Communications, and Wearable & Industrial Products. The Printing Solutions segment offers Inkjet printers, serial impact dot matrix printers, page printers, color image scanners, large-format inkjet printers, industrial inkjet printing systems, printers for use in POS systems, label printers and related consumables, office papermaking systems, personal computers and others. The Visual Communications segment offers 3LCD projectors, HTPS-TFT panels for 3LCD projectors, smart eyewear and others. The Wearable & Industrial Products segment offers watches, watch movements, sensing equipment, industrial robots, IC handlers, crystal units, crystal oscillators, quartz sensors, CMOS LSIs, metal powders, surface finishing and others. The company was founded on May 18, 1942 and is headquartered in Suwa, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit418,452M3,723.78M
Operating income89,638M797.68M
Income before tax97,049M863.63M
Net income92,288M821.26M
Diluted EPS266.642.37
Dividends Per Share620.55
Total Assets1,266.42B10,433.94M
Total liabilities600,677M4,948.93M
Total equity665,628M5,484.06M
Operating cash flow110,801M986.01M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 1,102.11B 1,089.67B 1,043.60B 995,940M 1,128.91B
Gross Profit 400,848M 412,612M 362,000M 352,377M 418,452M
Operating income 74,786M 70,499M 40,862M 61,642M 89,638M
Income before tax 62,663M 72,040M 39,713M 44,834M 97,049M
Net income 41,836M 53,710M 7,733M 30,922M 92,288M
EBITDA 124,769M 126,620M 109,275M 131,494M 154,233M
Diluted EPS 118.75 152.43 22.25 89.34 266.64
Dividends Per Share 62 62 62 62 62
Total Assets 1,033.35B 1,038.38B 1,040.91B 1,161.31B 1,266.42B
Total liabilities 518,241M 495,638M 534,869M 608,362M 600,677M
Total equity 512,727M 540,181M 503,746M 550,924M 665,628M
Operating cash flow 84,279M 76,961M 102,324M 133,222M 110,801M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 9,943.98M 9,826.22M 9,598.46M 9,390.57M 10,046.16M
Gross Profit 3,616.70M 3,720.75M 3,329.47M 3,322.51M 3,723.78M
Operating income 674.76M 635.72M 375.82M 581.21M 797.68M
Income before tax 565.38M 649.62M 365.25M 422.73M 863.63M
Net income 377.47M 484.33M 71.12M 291.55M 821.26M
EBITDA 1,125.74M 1,141.80M 1,005.05M 1,239.83M 1,372.51M
Diluted EPS 1.07 1.37 0.20 0.84 2.37
Dividends Per Share 0.55 0.55 0.57 0.58 0.55
Total Assets 9,716.50M 9,381.47M 9,642.07M 10,509.62M 10,433.94M
Total liabilities 4,872.97M 4,477.91M 4,954.55M 5,505.53M 4,948.93M
Total equity 4,821.12M 4,880.34M 4,666.25M 4,985.73M 5,484.06M
Operating cash flow 760.41M 694.00M 941.11M 1,256.13M 986.01M

Valuation Measures

Mar 2022
Operating margin7.94%
Profit margin8.17%

Key executives

  • President & Representative Director: Yasunori Ogawa
  • Executive Officer & GM-Technology Development: Kazuhiro Ichikawa
  • Head-Technology & Deputy GM-DX Promotions: Sunao Murata
  • Director, GM-Administration & Head-Compliance: Tatsuaki Seki
  • Director & Executive Officer: Toshiya Takahata


  • Seiko Epson Corp. (16.5%)
  • Nomura Asset Management Co., Ltd. (7.8%)
  • Sanko Kigyo Co. (3.5%)
  • Nikko Asset Management Co., Ltd. (3.4%)
  • Daiwa Asset Management Co. Ltd. (3.3%)
  • Seiko Group Corp. (3.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.6%)
  • Asset Management One Co., Ltd. (2.5%)
  • BlackRock Fund Advisors (2.2%)
  • Mizuho Bank Pension Fund (2.0%)

Contact Details

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Last Updated on 26 Jan, 2023

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