Seiko Epson Corporation
Advancing ROIC Management. Aiming for Sustainable Growth through Business Portfolio Redesign and Resource Concentration in Growth Areas – Formulating Long-term Vision ‘ENGINEERED FUTURE 2035’ and Medium-term Management Plan Phase 1 –
Seiko Epson has formulated the long-term vision 'ENGINEERED FUTURE 2035' and Medium-term Management Plan Phase 1 (FY2026–2028), planning approximately 280 billion yen in growth investments over three years.
Key Figures
- Revenue FY25 outlook 1.39 trillion yen, FY28 target 1.5 trillion yen
- ROIC FY25 outlook 5.1%, FY28 target 8.0%
- Growth investment Approximately 280 billion yen (3 years)
- Dividend on Equity (DOE) floor set at 3%
- Planned dividend amount 80 billion yen (cumulative FY26–28)
- Planned share buyback amount 80 billion yen (cumulative FY26–28)
AI要約
Long-term Vision 'ENGINEERED FUTURE 2035'
Seiko Epson has established the long-term vision 'ENGINEERED FUTURE 2035' aiming toward 2035. The company strives to respond to social challenges such as global environmental issues, labor shortages, and geopolitical risks by advancing technology and embedding value into society. Rooted in the philosophy of reducing, downsizing, and precision, it promotes value creation supporting societal and industrial transformation, aiming for a sustainable society and enhancement of corporate value.
Medium-term Management Plan Phase 1 (FY2026–2028)
As the first phase of the long-term vision, Medium-term Management Plan Phase 1 has been formulated. With ROIC as the management discipline, the company is transitioning to a capital-efficient management approach. It will drive structural reform of the earnings base and focus resources on growth areas, aiming to achieve an ROIC of 8% by FY2028. Targets include revenue of 1.5 trillion yen, ROE of 10%, ROS of 8%, and 60% industrial segment operating income ratio by FY28. Approximately 280 billion yen will be invested as growth capital over three years to strengthen the cash-generating base.
Shareholder Return Policy
Within Medium-term Management Plan Phase 1, Seiko Epson will actively implement shareholder returns while balancing growth investments. A DOE of 3% is established as the dividend floor, and combined with flexible share buybacks, the company will pursue more proactive shareholder returns. Planned dividend payouts total 80 billion yen for FY26–28, with planned share buybacks matching 80 billion yen.
