Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. Seiko Epson Corporation
  6. News
  7. Summary
    6724   JP3414750004

SEIKO EPSON CORPORATION

(6724)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Seiko Epson : Epson Partially Amends Corporate Governance Policy

10/01/2021 | 03:32am EST

News Release

- TOKYO, Japan, October 1, 2021 -

Seiko Epson Corporation (TSE: 6724, "Epson") announced that its Board of Directors, at a meeting held on September 30, approved amendments to the Corporate Governance Policy, a statement of the basic principles and framework for corporate governance within Epson.

Epson, which established the policy in September 2015, strives to continuously enhance and strengthen corporate governance so as to realize transparent, fair, fast, and decisive decision-making to achieve the goals declared in its Management Philosophy, promote sustainable growth, and increase corporate value over the medium and long terms.

Epson recently decided to partially amend the policy after analyzing its compliance with the spirit and content of Japan's revised Corporate Governance Code.
See the amended Corporate Governance Policy at the link below.
https://global.epson.com/SR/organizational_governance/

  • Article 11, "Ensuring Workforce Diversity," was amended to help ensure the diversity of core human resources.
  • Article 13, "Asset management and management of corporate pensions, "was newly established to enable appropriate monitoring and supervision of corporate pensions.
  • Article 15, "Establishing and Disclosing Business Plans," was amended to clarify the thinking with regard to the business portfolio and Article 14,"Appropriate Information Disclosure and Dialogue" and former Article 30 "Dialogue with Shareholders" were reorganized and integrated with regard to dialogue with shareholders.
  • Article 16, "The Role of the Board of Directors," was amended to better enable the Board of Directors to effectively discharge its functions.
  • Article 23, "Director Nomination Committee and Director Compensation Committee," was amended to clarify the independence, authority, and role of the Director Nomination Committee and Director Compensation Committee.

* Refer to attachment for further details. Amendments have been underlined.

To achieve its aim of realizing effective corporate governance that reflects prevailing social imperatives and the operating environment, Epson will review this policy, and amend it as necessary, on an annual basis.

Attachment : Details of main amendments to the Corporate Governance Policy (295KB)

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.
global.epson.com/

Disclaimer

Seiko Epson Corporation published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2021 07:31:02 UTC.


ę Publicnow 2021
All news about SEIKO EPSON CORPORATION
12/07SEIKO EPSON : Epson on CDP A List for Second Consecutive Year for Tackling Climate Change ..
PU
12/02SEIKO EPSON : English (released in September 30, 2021) (20.7MB, 299pages)
PU
11/30Japanese shares gain after 3 days of falls, Omicron worries weigh
RE
11/30SEIKO EPSON : Epson Engineering Shenzhen Achieves RBA Platinum Status for Socially Respons..
PU
11/27SEIKO EPSON : Value Creation Platforms
PU
11/27SEIKO EPSON : Sustainability Management
PU
11/27SEIKO EPSON : CEO Message
PU
11/27SEIKO EPSON : Corporate Vision
PU
11/27SEIKO EPSON : Financial Strategies
PU
11/24SEIKO EPSON : Epson Develops New 3-Axis Vibration Sensors for Dam and River Floodgate Equi..
PU
More news
Financials
Sales 2022 1 140 B 10 027 M 10 027 M
Net income 2022 56 116 M 493 M 493 M
Net cash 2022 55 089 M 484 M 484 M
P/E ratio 2022 12,3x
Yield 2022 3,10%
Capitalization 692 B 6 077 M 6 083 M
EV / Sales 2022 0,56x
EV / Sales 2023 0,52x
Nbr of Employees 79 944
Free-Float 73,4%
Chart SEIKO EPSON CORPORATION
Duration : Period :
Seiko Epson Corporation Technical Analysis Chart | 6724 | JP3414750004 | MarketScreener
Technical analysis trends SEIKO EPSON CORPORATION
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Last Close Price 1 999,00 JPY
Average target price 2 300,00 JPY
Spread / Average Target 15,1%
EPS Revisions
Managers and Directors
Yasunori Ogawa President & Representative Director
Minoru Usui Chairman
Sunao Murata Head-Technology & Deputy GM-DX Promotions
Kazuhiro Ichikawa Executive Officer & GM-Technology Development
Tatsuaki Seki Director, GM-Administration & Head-Compliance
Sector and Competitors