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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 2019 JPYUSD
Revenue1,089.67B9,826.22M
Gross Profit412,612M3,720.75M
Operating income70,499M635.72M
Income before tax72,040M649.62M
Net income53,710M484.33M
EBITDA126,620M1,141.80M
Diluted EPS152.431.37
Dividends Per Share620.55
Total Assets1,038.38B9,381.47M
Total liabilities495,638M4,477.91M
Total equity540,181M4,880.34M
Operating cash flow76,961M694.00M
Currency in JPYCurrency in USD

Historical Data

 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 1,086.34B 1,092.48B 1,024.85B 1,102.11B 1,089.67B
Gross Profit 395,925M 397,660M 365,974M 400,848M 412,612M
Operating income 101,276M 84,951M 65,807M 74,786M 70,499M
Income before tax 132,536M 91,530M 67,417M 62,663M 72,040M
Net income 113,678M 45,814M 48,903M 41,836M 53,710M
EBITDA 146,183M 130,874M 109,411M 124,769M 126,620M
Diluted EPS 314.61 127.94 136.81 118.75 152.43
Dividends Per Share 57.50 60 60 62 62
Total Assets 1,006.28B 941,340M 974,387M 1,033.35B 1,038.38B
Total liabilities 508,974M 470,664M 479,660M 518,241M 495,638M
Total equity 494,326M 467,818M 492,196M 512,727M 540,181M
Operating cash flow 108,828M 113,054M 96,873M 84,279M 76,961M
 Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019
Revenue 9,888.72M 9,097.61M 9,464.21M 9,943.98M 9,826.22M
Gross Profit 3,604.02M 3,311.50M 3,379.65M 3,616.70M 3,720.75M
Operating income 921.89M 707.42M 607.70M 674.76M 635.72M
Income before tax 1,206.44M 762.21M 622.57M 565.38M 649.62M
Net income 1,034.78M 381.51M 451.60M 377.47M 484.33M
EBITDA 1,330.67M 1,089.85M 1,010.37M 1,125.74M 1,141.80M
Diluted EPS 2.86 1.06 1.26 1.07 1.37
Dividends Per Share 0.52 0.49 0.55 0.55 0.55
Total Assets 8,390.92M 8,375.28M 8,744.38M 9,716.50M 9,381.47M
Total liabilities 4,244.10M 4,187.58M 4,304.58M 4,872.97M 4,477.91M
Total equity 4,121.95M 4,162.26M 4,417.08M 4,821.12M 4,880.34M
Operating cash flow 990.63M 941.45M 894.59M 760.41M 694.00M

Valuation Measures

Mar 2019
PER11.11
ROA5.18%
ROE10.20%
Operating margin6.46%
Profit margin4.92%

Key executives

  • President & Representative Director: Minoru Usui
  • Director & Executive Officer: Yasunori Ogawa
  • Executive Officer: Keith Kratzberg
  • Executive Officer: Hideki Shimada
  • Executive Officer: Nobuyuki Shimotome

Shareholders

  • Seiko Epson Corp. (13.3%)
  • Nomura Asset Management Co., Ltd. (8.1%)
  • Sanko Kigyo Co. (5.0%)
  • Nikko Asset Management Co., Ltd. (3.4%)
  • Daiwa Asset Management Co. Ltd. (3.1%)
  • Seiko Holdings Corp. (3.0%)
  • HATTORI YASUO /SEIKO EPSON/ (2.9%)
  • Dai-ichi Life Holdings, Inc. (2.1%)
  • Mizuho Bank Pension Fund (2.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.0%)

Contact Details

Related Companies

  • 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 Argentina SRL
  • Time Module (HK) Ltd.
  • Epson India Pvt Ltd.

Competitors

  • HP Inc.
  • Canon Inc.
  • Bixolon Co., Ltd.
  • Sitronix Technology Corp.
  • Vuzix Corporation
  • Kopin Corporation
  • TXC Corporation
  • TransAct Technologies Incorporated
  • Hyosung ITX Co., Ltd
  • Chengdu Galaxy Magnets Co., Ltd. Class A
  • Kinpo Electronics, Inc.
  • Kornit Digital Ltd.
  • Pixelworks, Inc.
  • Shenzhen Inovance Technology Co., Ltd Class A
  • Shutterfly, Inc.
Last Updated on 20 Sep, 2019

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