News DeskDubai, UAE – Seiko Epson Corporation (TSE: 6724, “Epson”) today announced that a meeting of its board of directors has approved a change of representative director and the appointment of a new president.
With effect from 1 April 2025, Junkichi Yoshida, who is currently Director, Executive Officer, and Chief Operating Officer of the Printing Solutions Division, will take over from Yasunori Ogawa as President and Representative Director, and Chief Executive Officer of Epson. Ogawa, in turn, will take on the role of Chairman and Director of Epson.
This transition in leadership comes as Epson this year concludes its Epson 25 Renewed strategy, which has been in effect since 2021, and prepares to finalise its next strategic corporate vision for driving future growth. The changes are 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.
Outgoing President Ogawa said: “The 2025 fiscal year is the final year of Epson 25 Renewed and is also a pivotal year in the formulation of the next corporate vision for driving future growth. I believe that now is the right time to hand over the reins of the company to a new leader who can shoulder this heavy responsibility. I am confident that Junkichi Yoshida will demonstrate excellent leadership and propel Epson to new heights in the future.”
Commenting on his new position, Ogawa added: “In my role as chairman of the board, I will seek to further enhance board effectiveness; strengthen Epson’s corporate governance; engage in external, public, and social activities; and occasionally advise President Yoshida.”
Incoming Epson President Yoshida said: “This year marks the 50th anniversary of the Epson brand. I would like to harken back to our history and prepare for the next 50 years of growth and progress. In this highly competitive age, we must expand our businesses at a rate that exceeds the economic growth rates of nations and regions, both in developed and emerging markets. To achieve this, it is more important than ever to let go of preconceived notions, anticipate the underlying needs of our customers, and provide them with solutions that capitalize on our technology.”
“We have continuously refined our efficient, compact and precise technologies, and we will continue to do so. I believe that our role is to deliver solutions based on these technologies to our customers,” he concluded.
