Epson Announces Leadership Transition with Appointment of New President

Business

Epson Announces Leadership Transition with Appointment of New President

Seiko Epson Corporation (TSE: 6724, "Epson") has announced a significant leadership transition following a board meeting approval. Effective April 1, 2025, Junkichi Yoshida, currently serving as Director, Executive Officer, and Chief Operating Officer of the Printing Solutions Division, will assume the role of President, Representative Director, and Chief Executive Officer of Epson. Yasunori Ogawa, the outgoing President and CEO, will take on the position of Chairman and Director.

The leadership change coincides with the conclusion of Epson’s Epson 25 Renewed strategy, which has been in place since 2021, and marks the beginning of the company's next corporate vision for sustainable growth. The transition is designed to strengthen Epson’s management foundation and enhance corporate value under a new leadership team.

Outgoing President Yasunori Ogawa commented on the transition, stating, “The 2025 fiscal year marks both the conclusion of Epson 25 Renewed and a critical turning point for our next corporate vision. This is the right time for new leadership to guide the company forward. I have full confidence that Junkichi Yoshida will bring exceptional leadership to Epson’s future.”

Ogawa, in his new role as Chairman, will focus on improving board effectiveness, strengthening corporate governance, engaging in external and public affairs, and advising President Yoshida as needed.

Junkichi Yoshida expressed his vision for Epson’s future, noting, “This year marks the 50th anniversary of the Epson brand, and I intend to build upon our rich history to drive the next 50 years of progress. In an increasingly competitive landscape, we must expand our businesses beyond economic growth rates in both developed and emerging markets. This requires breaking away from traditional thinking, anticipating customer needs, and leveraging our technology to deliver innovative solutions.”

Yoshida emphasized Epson’s commitment to refining its core technologies—efficiency, compactness, and precision—while ensuring they are applied effectively to meet evolving customer demands.

The transition marks a strategic step for Epson as it prepares for long-term growth, reinforcing its commitment to innovation and sustainability in the global technology market.