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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 2020 JPYUSD
Revenue1,043.60B9,598.46M
Gross Profit362,000M3,329.47M
Operating income40,862M375.82M
Income before tax39,713M365.25M
Net income7,733M71.12M
EBITDA109,275M1,005.05M
Diluted EPS22.250.20
Dividends Per Share620.57
Total Assets1,040.91B9,642.07M
Total liabilities534,869M4,954.55M
Total equity503,746M4,666.25M
Operating cash flow102,324M941.11M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 1,092.48B 1,024.85B 1,102.11B 1,089.67B 1,043.60B
Gross Profit 397,660M 365,974M 400,848M 412,612M 362,000M
Operating income 84,951M 65,807M 74,786M 70,499M 40,862M
Income before tax 91,530M 67,417M 62,663M 72,040M 39,713M
Net income 45,814M 48,903M 41,836M 53,710M 7,733M
EBITDA 130,874M 109,411M 124,769M 126,620M 109,275M
Diluted EPS 127.94 136.81 118.75 152.43 22.25
Dividends Per Share 60 60 62 62 62
Total Assets 941,340M 974,387M 1,033.35B 1,038.38B 1,040.91B
Total liabilities 470,664M 479,660M 518,241M 495,638M 534,869M
Total equity 467,818M 492,196M 512,727M 540,181M 503,746M
Operating cash flow 113,054M 96,873M 84,279M 76,961M 102,324M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 9,097.61M 9,464.21M 9,943.98M 9,826.22M 9,598.46M
Gross Profit 3,311.50M 3,379.65M 3,616.70M 3,720.75M 3,329.47M
Operating income 707.42M 607.70M 674.76M 635.72M 375.82M
Income before tax 762.21M 622.57M 565.38M 649.62M 365.25M
Net income 381.51M 451.60M 377.47M 484.33M 71.12M
EBITDA 1,089.85M 1,010.37M 1,125.74M 1,141.80M 1,005.05M
Diluted EPS 1.06 1.26 1.07 1.37 0.20
Dividends Per Share 0.49 0.55 0.55 0.55 0.57
Total Assets 8,375.28M 8,744.38M 9,716.50M 9,381.47M 9,642.07M
Total liabilities 4,187.58M 4,304.58M 4,872.97M 4,477.91M 4,954.55M
Total equity 4,162.26M 4,417.08M 4,821.12M 4,880.34M 4,666.25M
Operating cash flow 941.45M 894.59M 760.41M 694.00M 941.11M

Valuation Measures

Mar 2020
PER52.56
ROA0.74%
ROE1.48%
Operating margin3.91%
Profit margin0.74%

Key executives

  • President & Representative Director: Yasunori Ogawa
  • Executive Officer: Keith Kratzberg
  • Executive Officer: Hideki Shimada
  • Executive Officer: Nobuyuki Shimotome
  • Executive Officer & Manager-Professional Printing: Sunao Murata

Shareholders

  • Seiko Epson Corp. (13.3%)
  • Nomura Asset Management Co., Ltd. (7.4%)
  • Sanko Kigyo Co. (5.0%)
  • Nikko Asset Management Co., Ltd. (3.5%)
  • Asset Management One Co., Ltd. (3.4%)
  • Daiwa Asset Management Co. Ltd. (3.3%)
  • Seiko Holdings Corp. (3.0%)
  • Estate of Yasuo Hattori (2.9%)
  • Mitsubishi UFJ Kokusai Asset Management Co., Ltd. (2.5%)
  • Dai-ichi Life Holdings, Inc. (2.1%)

Contact Details

Related Companies

  • EPSON X Investment Corp.
  • Shinko Sellbic Co.
  • Seiko Epson Board Incentive Plan
  • Epson Ltd.
  • Seiko Epson Corp. (Hong Kong)
  • Epson Guatemala SA
  • EPSON CIS LLC
  • epMall Co. Ltd.
  • Epson Surface Engineering (Zhenjiang) Co. Ltd.
  • Epson Costa Rica SA
  • E&G Electronic (Shenzhen) Ltd.
  • O.R. Time (HK) Ltd.
  • Orient Watch (Beijing) Co., Ltd.
  • Fujian Epson Co. Ltd.
  • Orient Watch (Shenzhen) Ltd.
  • Epson Peru SA
  • Epson Engineering (Shenzhen) Ltd.
  • Epson Precision (Shenzhen) Ltd.
  • Epson Panama SRL
  • Epson Ecuador Cia Ltda.
  • Epson Malaysia Sdn. Bhd.
  • Epson Venezuela SRL
  • Epson Seattle, Inc.
  • Epson Precision (Thailand) Ltd.
  • Epson Precision Suzhou Co. Ltd.
  • Epson Precision Malaysia Sdn. Bhd.
  • Epson Latin America LLC
  • P.T. Indonesia Epson Industry
  • Epson Taiwan Technology & Trading Ltd.
  • Epson Argentina SRL

Competitors

  • HP Inc.
  • Canon Inc.
  • Bixolon Co., Ltd.
  • Sitronix Technology Corp.
  • Kinpo Electronics, Inc.
  • Vuzix Corporation
  • Kopin Corporation
  • SiTime Corporation
  • TransAct Technologies Incorporated
  • Hyosung ITX Co., Ltd
  • Shenzhen Inovance Technology Co., Ltd Class A
  • Chengdu Galaxy Magnets Co., Ltd. Class A
  • Kornit Digital Ltd.
  • Pixelworks, Inc.
Last Updated on 3 Jul, 2020

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