Epson appoints new President and announces change of Representative Director
By MYBRANDBOOK
Seiko Epson Corporation (Epson) has announced that in a meeting of its board of directors had approved a change of representative director and the appointment of a new president. Minoru Usui has been announced to become the new Director, Chairman. Prior to this he has been the President and Representative Director. Yasunori Ogawa has been named as the President and Representative Director, who beforehand held the position of Director, Managing Executive Officer.
In March 2019, Epson established its Phase 2 Mid-Range Business Plan aimed at achieving its Epson 25 Corporate Vision. By focusing on priority areas, the company aims to respond to changes in the business environment and societal needs, and transition to a business capable of generating high profits.
In the fiscal year ending March 2019, the company implemented reforms aimed at strengthening our business structure. In a tough business situation, they have promoted collaboration with partners and open innovation, and have developed and launched original products and services aimed at ensuring future growth.
Going forward they expect significant and ongoing changes to the business environment. Under the leadership and new perspective of Ogawa the company will respond flexibly and rapidly to changes as they seek to improve their corporate value over the medium- and long terms.
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