Shareholders & Investors

Discussions with Shareholders and Investors

- Encouraging sound investment decisions and improving the quality of management -

IR/SR Policies and Guidelines

At Epson we recognize that to sustain growth and increase corporate value long-term, we must increase the transparency of management and forge lasting partnerships and relationships of trust through honest dialogue with stakeholders. Accordingly, we have articulated a policy on the disclosure of information to shareholders, investors, and other stakeholders and, in line with this policy, are enhancing our investor relations and sustainability reporting (IR & SR) and engaging in constructive dialogue.

The president, the officer in charge of IR & SR, or managers in the IR & SR organizations or other relevant departments represent Epson in dialogue with shareholders and investors. Directors, including outside directors, may also participate within reason. Feedback gained from talks with shareholders and investors is shared with the executive management team and is used to improve management quality.

Although the number of shareholders and investors we can meet in person is limited, we are actively using tools such as bulletins and websites to convey our ideas to as many people as possible. We are focusing particularly on creating a website that can deliver information to a large audience simultaneously and are constantly updating sustainability and IR information.

Analyst and investor meetings

	FY2022	FY2023	FY2024	FY2025
Japan	142	134	136	142
(SR interviews*)	18	18	9	10
Overseas	127	121	112	67
Total	269	255	248	209

^* SR interviews included in Japan (domestic) meetings.

IR Basic Cycle

* This cycle is subject to change.

Other IR-related activities

Examine improvements to IR & sustainability tools and information
Release shareholders' meeting materials early and enhance the content
Provide English language information to overseas investors
Update and enhance the sustainability website
Ensure compliance with the Corporate Governance Code and disclose actions taken

FY2025 Engagement Activities

Initiatives to Deepen Understanding of Epson

Through constructive dialogue with capital markets, we aim to further deepen understanding of Epson’s businesses and growth potential. As part of these efforts, we are enhancing information disclosure and expanding opportunities for dialogue.

In FY2025, we formulated our long-term vision, ENGINEERED FUTURE 2035, and Phase 1 of the mid-range business plan (FY2026–2028) as the first step toward achieving this vision, and announced them in March 2026. In addition to enhancing our presentation materials, we provided explanations to investors through briefings and one-on-one meetings. These explanations covered our approach to ROIC-driven optimal capital allocation. We also addressed our policies and initiatives for balancing growth investments with capital efficiency.

We will continue to enhance our information disclosure and expand opportunities for dialogue so that investors with a wide range of interests can gain a deeper understanding of Epson.

Discussions aimed at increasing Epson's corporate value

Based on information disclosed in integrated reports and financial results presentations, Epson engages in constructive dialogue with shareholders and investors. Taking into account feedback from dialogue in the previous fiscal year (FY2024) and trends in the capital markets, we have implemented management improvements, and we have disclosed the progress of these initiatives in the Integrated Report 2025 and other materials.

Insights gained through dialogue based on these disclosures are reported to the Corporate Strategy Meetings and the Board Meetings, and are used to support management decision-making and improve initiatives. In addition, market reactions to our financial results announcements are shared within management meetings and reflected in our business activities and information disclosure.

We will continue to communicate progress on our long-term vision and mid-range business plan, while leveraging insights gained through dialogue to further enhance management. Through these efforts, we strive to deepen constructive dialogue with our shareholders and investors.