-New President to provide vision & direction to drive next level of growth-
Bangalore : Epson, a world leader in digital imaging and printing solutions today announced the appointment of Mr. Toshiyuki Kasai to the newly created position of President at Epson India. Toshiyuki will be based out of Epson India’s Bangalore headquarters. Toshiyuki is an Industrial Engineer from Waseda University and brings with him extensive experience spanning 30 years spent in various capacities within the Seiko Epson group.
Epson India has been growing rapidly for the last few years and expects to close this year with a turnover of approx Rs. 590 crores. As per latest IDC data for the Inkjet Printer market (Q4 2011), Epson now commands a Value market share of 36.6%, placing it very close to the market leader. In Dot Matrix printers Epson has a commanding 54% market share and in Point of Sale printers 52% market share. In projectors Epson is in a close fought battle for the top position.
With India being a priority market, Epson India will no longer be reporting to the regional hub at Epson Singapore but will now be reporting directly to Seiko Epson Japan. This along with Toshiyuki’s appointment is indicative of the increased expectation from Epson India in the years to come.
Toshiyuki has a vast body of experience and has worked in various functions including production control, purchase, information systems, corporate planning, business planning, profit management and various project activities. This is Toshiyuki’s third posting out of Japan. He has spent 7 years at Epson Portland (USA) in the late 80’s/early 90’s and subsequently was the Senior Vice President of Business Infrastructure at Epson Europe from 2004 to 2007. Prior to joining Epson India, Toshiyuki was the Head of Business Management for the Imaging & Information Division at Seiko Epson Japan.
“I am honoured to be given the responsibility of taking the Epson brand further in this exciting market. We have a strong team, some amazing products and an extremely robust channel in place at Epson India. I am excited and looking forward to providing the vision and direction to ensure further robust growth for Epson India while ensuring fair returns to all its stakeholders” said Mr. Toshiyuki Kasai.
Epson is a global imaging and innovation leader that is dedicated to exceeding the vision of customers worldwide through its compact, energy-saving, high-precision technologies, with a product line-up ranging from printers and 3LCD projectors for enterprise and the home, to sensors and other microdevices.
Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises more than 78,000 employees in 99 companies around the world, and is proud of its ongoing contributions to the global environment and the communities in which it operates.
About Epson India
Epson India Pvt. Ltd. was incorporated in the year 2000. Present in every major city in the country, Epson products address the needs of the entire computer peripheral market as also those of consumers with specialized needs. Headquartered in Bangalore, Epson India today has an enviable reputation for quality and value. The company markets and supports Epson Dot-Matrix Printers, Inkjet Printers, Inkjet All-in-Ones, Laser Printers, Point of Sale Printers & Systems, Scanners and LCD Projectors. In most of these categories Epson is either the No.1 or No.2 brand and growing fast.
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