Seiko Epson Corporation has confirmed it meets the listing standards for the new Tokyo Stock Exchange (TSE) Prime Market.
On 9 July, the company received from the TSE the results of the initial assessment of its compliance with the listing standards of the new market segments with a base date for transition of 30 June 2021.
At a board meeting held 30 September 2021, Epson confirmed it had elected to join the Prime Market scheduled to be introduced on 4 April 2022, and that it would begin the necessary application procedures.
The Prime Market will comprise companies with high market value (liquidity) subject to investment by institutional investors, with high standards of corporate governance, and committed to ongoing growth and a mid- to long term increase in corporate value underpinned by constructive dialog with investors.
Based on its Epson 25 Renewed Corporate Vision, Epson seeks to co-create sustainability and enrich communities to connect people, things, and information by leveraging its efficient, compact, and precision technologies and digital technologies. In addition to further reinforcing its corporate governance structure, Epson said it will proactively engage with investors, and will work to achieve ongoing growth and increase corporate value over the middle- to long-term.
