Seiko Epson's Profit Surges 139.3% on Strong Sales

Seiko Epson’s intermediate profit surged 139.3% year-over-year, reaching ¥447 billion, driven by an 11.1% increase in revenue to ¥741.1 billion for the first half of fiscal 2027. The strong results reflect gains in all four of the company’s reporting segments: Precision Innovation, Industrial & Robotics, Office & Home Printing, and Visual & Lifestyle.

The revenue increase was supported by a positive currency exchange rate, with the yen weakening 9% against the US dollar and 10% against the euro. Increased sales in the Precision Innovation segment, particularly in inkjet solutions and microdevices, contributed significantly to the overall growth. The Industrial & Robotics segment also saw substantial gains, benefiting from both the exchange rate and increased demand for commercial and industrial printing products and robotics, especially in China and Asia.

While the Office & Home Printing segment experienced a slight decline in unit sales of large-capacity ink tank models due to a temporary parts procurement issue in the first quarter, overall revenue increased thanks to strong demand for these models and favorable exchange rates. The Visual & Lifestyle segment also saw revenue growth, driven by wearable products and increased sales in South America and Europe related to the FIFA World Cup. The company’s operating profit rose even more sharply, up 102.9% year-over-year, to ¥63.2 billion.

Seiko Epson is currently executing its "ENGINEERED FUTURE 2035" long-term vision, which focuses on transforming its revenue base and concentrating resources on growth areas. The company aims to achieve a ROIC of 8.0% by fiscal year 2028. Cash flow from operating activities also improved significantly, reaching ¥69.0 billion, up from ¥24.2 billion in the same period last year. The company’s cash and cash equivalents at the end of the period totaled ¥299.8 billion, an increase of ¥11.2 billion.