(As of March 31, 2023)

Total number of shares authorized to be issued	1,214,916,736 shares
Total number of shares outstanding	385,022,278 shares (including 53,364,380 shares of treasury stock)
Number of shareholders	41,354 persons

Shareholder name	Number of shares held (shares)	Shareholding ratio (%)
The Master Trust Bank of Japan, Ltd. (Trust account)	78,027,300	23.52
Custody Bank of Japan, Ltd. (Trust account)	26,685,700	8.04
Sanko Kigyo Kabushiki Kaisha	14,000,000	4.22
Seiko Group Corporation	12,000,000	3.61
Mizuho Trust & Banking Co., Ltd., Retirement benefit trust, Mizuho Bank, Ltd. account, Beneficiary of the re-trust, Custody Bank of Japan, Ltd.	8,153,800	2.45
Epson Group Employees' Shareholding Association	7,410,292	2.23
The Dai-ichi Life Insurance Company, Limited (Standing proxy: Custody Bank of Japan, Ltd.)	6,115,200	1.84
STATE STREET BANK WEST CLIENT － TREATY 505234 (Standing proxy: Mizuho Bank, Ltd.)	4,733,777	1.42
Etsuko Hattori	4,321,400	1.30
The Hachijuni Bank, Ltd. (Standing proxy: The Master Trust Bank of Japan, Ltd.)	4,260,000	1.28

1. Although the Company holds 53,364,380 shares of treasury shares, the Company is excluded from the above list of major shareholders.
2. Shareholding ratio is calculated by deducting treasury shares. Treasury shares do not include the Company's shares (142,255 shares) owned by the officer compensation BIP Trust.

*Including the treasury stock