Epson Announces Change of New President

- TOKYO, Japan, February 21, 2025 -

Seiko Epson Corporation (TSE: 6724, "Epson") today announced that a meeting of its board of directors had approved a change of representative director and the appointment of a new president.

1. Details of change

Name	New position	Previous position
Yasunori Ogawa	Chairman and Director	President and Representative Director Chief Executive Officer
Junkichi Yoshida	President and Representative Director Chief Executive Officer	Director, Executive Officer Chief Operating Officer, Printing Solutions Division

2. Brief career history of new president

Name	Junkichi Yoshida
Date of birth	September 27, 1964
Place of birth	Tokyo, Japan
Education	Faculty of Economics, Keio University
Brief career history	April 1988	Joined Seiko Epson Corporation
	April 2012	Appointed General Manager, Printer Strategic Planning Department
	April 2019	Appointed Deputy General Administrative Manager, DX Division
	June 2020	Appointed Executive Officer (current position)
	October 2020	Appointed Deputy Chief Operating Officer, Printing Solutions Operations Division
	April 2021	Appointed Chief Operating Officer, Printing Solutions Division (current position)
	June 2024	Appointed Director (current position)
	April 2025	To be appointed President and Representative Director, Chief Executive Officer
Number of Epson shares held	14,500 (as of December 31, 2024)

3. Reasons for change

Epson aspires to the goal of achieving sustainability and enriching communities as part of its Epson 25 Renewed corporate vision. Accordingly, its businesses are focused on solving societal issues through a philosophy of efficient, compact and precise innovation.
The 2025 fiscal year is the final year of Epson 25 Renewed. It is also a year during which Epson will finish formulating its next strategic corporate vision for driving future growth.
It is important for the company to steadily execute its plans for the next generation and rapidly develop pioneering products and the technologies that support them in both growth and new areas.
This transition in leadership, which was deliberated by the Director Nomination Committee and resolved by the Board of Directors, is thus intended to accelerate the construction of a solid management foundation aimed at enhancing corporate value, under a new management team that will be responsible for everything from formulating the next corporate vision to executing the strategies therein.

4. Date of appointment

April 1, 2025

About Epson
Epson is a global technology leader whose philosophy of efficient, compact and precise innovation enriches lives and helps create a better world. The company is focused on solving societal issues through innovations in home and office printing, commercial and industrial printing, manufacturing, visual and lifestyle. Epson's goal is to 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 more than JPY 1 trillion.
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