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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 2021 JPYUSD
Revenue995,940M9,390.57M
Gross Profit352,377M3,322.51M
Operating income61,642M581.21M
Income before tax44,834M422.73M
Net income30,922M291.55M
EBITDA131,494M1,239.83M
Diluted EPS89.340.84
Dividends Per Share620.58
Total Assets1,161.31B10,509.62M
Total liabilities608,362M5,505.53M
Total equity550,924M4,985.73M
Operating cash flow133,222M1,256.13M
Currency in JPYCurrency in USD

Historical Data

 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 1,024.85B 1,102.11B 1,089.67B 1,043.60B 995,940M
Gross Profit 365,974M 400,848M 412,612M 362,000M 352,377M
Operating income 65,807M 74,786M 70,499M 40,862M 61,642M
Income before tax 67,417M 62,663M 72,040M 39,713M 44,834M
Net income 48,903M 41,836M 53,710M 7,733M 30,922M
EBITDA 109,411M 124,769M 126,620M 109,275M 131,494M
Diluted EPS 136.81 118.75 152.43 22.25 89.34
Dividends Per Share 60 62 62 62 62
Total Assets 974,387M 1,033.35B 1,038.38B 1,040.91B 1,161.31B
Total liabilities 479,660M 518,241M 495,638M 534,869M 608,362M
Total equity 492,196M 512,727M 540,181M 503,746M 550,924M
Operating cash flow 96,873M 84,279M 76,961M 102,324M 133,222M
 Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021
Revenue 9,464.21M 9,943.98M 9,826.22M 9,598.46M 9,390.57M
Gross Profit 3,379.65M 3,616.70M 3,720.75M 3,329.47M 3,322.51M
Operating income 607.70M 674.76M 635.72M 375.82M 581.21M
Income before tax 622.57M 565.38M 649.62M 365.25M 422.73M
Net income 451.60M 377.47M 484.33M 71.12M 291.55M
EBITDA 1,010.37M 1,125.74M 1,141.80M 1,005.05M 1,239.83M
Diluted EPS 1.26 1.07 1.37 0.20 0.84
Dividends Per Share 0.55 0.55 0.55 0.57 0.58
Total Assets 8,744.38M 9,716.50M 9,381.47M 9,642.07M 10,509.62M
Total liabilities 4,304.58M 4,872.97M 4,477.91M 4,954.55M 5,505.53M
Total equity 4,417.08M 4,821.12M 4,880.34M 4,666.25M 4,985.73M
Operating cash flow 894.59M 760.41M 694.00M 941.11M 1,256.13M

Valuation Measures

Mar 2021
PER20.13
ROA2.80%
ROE5.86%
Operating margin6.18%
Profit margin3.10%

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

Shareholders

  • Seiko Epson Corp. (13.3%)
  • Nomura Asset Management Co., Ltd. (8.7%)
  • Sanko Kigyo Co. (5.0%)
  • Nikko Asset Management Co., Ltd. (3.5%)
  • Daiwa Asset Management Co. Ltd. (3.4%)
  • Seiko Holdings Corp. (3.0%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (2.4%)
  • Dai-ichi Life Holdings, Inc. (2.1%)
  • Mizuho Bank Pension Fund (2.0%)
  • Epson Group Employee Stock Ownership Plan (1.8%)

Contact Details

Related Companies

  • Seiko Epson Corp. /IC Test Handler Business/
  • 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.

Competitors

  • HP Inc.
  • Canon Inc.
  • Bixolon Co., Ltd.
  • Coretronic Corporation
  • Sitronix Technology Corp.
  • Kinpo Electronics, Inc.
  • SiTime Corporation
  • Vuzix Corporation
  • TransAct Technologies Incorporated
  • FIT Holding Co., Ltd.
  • Kopin Corporation
  • Hyosung ITX Co., Ltd
  • ABB Ltd.
  • Chengdu Galaxy Magnets Co., Ltd. Class A
  • Kornit Digital Ltd.
  • Pixelworks, Inc.
  • Red Cat Holdings Inc
Last Updated on 22 Oct, 2021

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