Moving forward under our new corporate purpose.
"Our philosophy of efficient, compact, and precise innovation enriches lives and helps create a better world."
We at Epson marked our 80th year in business in May of this year. We have always exercised creativity and challenged ourselves to deliver products and services that exceed the expectations of our customers by drawing on the efficient, compact, and precise technologies we have developed since the company was founded.
The world is facing some serious issues, climate change and the COVID 19 pandemic among them. As people have sought to enrich their lives, the focus was placed on material and economic wealth, and the drive to enrich only ourselves may have caused many of the societal issues we face today. Moving forward, therefore, I believe we should seek to enrich the entire planet, and not just ourselves. Rather than only material and economic enrichment, we should also seek spiritual and cultural enrichment.
The pursuit of ever greater efficiency, compactness, and precision that we have embraced for so long goes well beyond technology. "Efficient, compact, and precise" encompass a philosophy for eliminating waste, reducing dimensions, and increasing precision. I believe that this approach can enable us to create even greater social value. In other words, it is the idea that less is more. We will continue to adhere to Epson's unique philosophy of efficient, compact, and precise innovation, take advantage of the tremendous value that those innovations yield to overcome global environmental problems and other societal issues, and work together to enrich people's lives and make a better world.
With this in mind, we established, in September 2022, a corporate purpose statement that reads, "Our philosophy of efficient, compact, and precise innovation enriches lives and helps create a better world." Epson's goal is to collaborate with our customers and partners to achieve this goal.
President and CEO
Seiko Epson Corporation