Epson has appointed Yasunori Ogawa as its new president and representative director. Current president Minoru Usui will move into the role of chairman and director.
Ogawa, currently a director and managing executive officer at Epson, will take over from April1. 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, Epson implemented reforms aimed at strengthening its business structure. The company says that, in a tough business situation, it has promoted collaboration with partners and open innovation, and developed and launched original products and services aimed at ensuring future growth.
Epson expects significant and ongoing changes to its business environment. The company adds that, under Ogawa’s leadership and with his new perspective, Epson will respond flexibly and rapidly to changes as it seeks to improve its corporate value over the medium and long terms.
