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    6724   JP3414750004

SEIKO EPSON CORPORATION

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Seiko Epson : Explanatory Presentation (with Notes)

10/14/2021 | 04:52am EST

Epson 25 Renewed Corporate Vision

Seiko Epson Corporation

March 18, 2021

© Seiko Epson Corporation. 2021

Agenda

  • Our Aspirational Goal
  • Environmental Vision 2050
  • Review and the Business Environment
  • Epson 25 Renewed
    • Vision
    • Innovation Strategy
    • Strengthening Business Infrastructure
    • Financial Targets
    • Strengthening Governance
  • Seiko Epson Corporation. 2021
    • Here is todayʼs agenda. I will start by explaining our aspirational goal and Environmental Vision 2050. I will then go over the vision described by Epson 25 Renewed and the initiatives designed to realize innovation.

1

Our Aspirational Goal

© Seiko Epson Corporation. 2021

2

  • We aspire to achieving sustainability and enriching communities.
  • The world is facing some serious issues, climate change and the COVID-19 pandemic among them.
  • People have always sought enrichment, but the focus was on material and economic wealth. This desire for personal affluence may be a contributing cause to these issues.
  • Going forward, it is both necessary and desirable to enrich not only ourselves but the rest of the world and the global environment as a whole.
  • I think the world desires more than just material and economic wealth. People also want other, less tangible forms of wealth. They want to be enriched spiritually and culturally. Sustainability is a fundamental requirement for achieving this.
  • It is because of this that we at Epson let societal issues direct our actions. I want us to approach the development of our business by asking ourselves what we can do to solve these issues and contribute to society.

2

Environmental Vision 2050

Epson will become carbon negative and

underground resource*1 free by 2050 to achieve

sustainability and enrich communities

Goals

Actions

© Seiko Epson Corporation. 2021

*1 Non-renewable resources such as oil and metals

  • 2030: Reduce total emissions in line with the 1.5°C scenario*2
  • 2050: Carbon negative and underground resource*1 free
  • Reduce the environmental impacts of products and services and in supply chains
  • Achieve sustainability in a circular economy and advance the frontiers of industry through creative, open innovation
  • Contribute to international environmental initiatives

*1 Non-renewable resources such as oil and metals

*2 Target for reducing greenhouse gas emissions aligned with the criteria under the Science Based Targets initiative (SBTi)

3

  • We amended Environmental Vision 2050 when we formulated our aspirational goal.
  • Epson will become carbon negative and underground resource free by 2050.
  • We will reduce the environmental impacts of products and services, and in supply chains. We will also achieve sustainability in a circular economy and advance the frontiers of industry through creative, open innovation.

3

Value Creation Story for Realizing our Aspirational Goal

© Seiko Epson Corporation. 2021

4

  • We also amended our Value Creation Story.
  • The main changes were to societal issues, materialities, the value creation strategy, and financial targets.
  • I will explain this later.

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Seiko Epson Corporation published this content on 14 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2021 08:51:10 UTC.


ę Publicnow 2021
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Sales 2022 1 151 B 10 127 M 10 127 M
Net income 2022 55 716 M 490 M 490 M
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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
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