Japanese technology firm Epson said it is restructuring its business as part of a long-term strategy aimed at expanding beyond its traditional printing and projection businesses into industrial, robotics, and sustainability-focused technologies.
Dubbed “Engineered Future 35” (EF35), the strategy outlines the company’s plan to position itself as a technology and engineering company focused on what it described as “purpose-driven design” and sustainability initiatives, including a target of achieving carbon negativity and resource independence by 2050.
Under the plan, Epson is targeting 5% annual growth by 2028 and aims to derive 80% of its revenue from international markets by expanding further in both developed and emerging economies.
The company has also reorganized its operations into four business segments: Precision Innovation, Industrial and Robotics, Office and Home Printing, and Visual and Lifestyle Solutions.
According to Epson Philippines president and director Masako Kusama, the Industrial and Robotics business is expected to drive future growth, while Office and Home Printing will remain the company’s primary revenue source.
Epson said its inkjet printing technology differs from conventional laser-based systems by relying on mechanical precision and pressure instead of heat, allowing lower energy consumption. The company claimed some of its devices consume as little as 96 watts during operation.
The firm is also pushing its inkjet products as lower-cost alternatives for businesses facing rising operational expenses in the Philippines.
Epson said its inkjet copiers can deliver color printing costs of about P0.75 per page, compared to over P1 per page for laser printers. It also estimated operating costs at P0.49 per hour for inkjet devices versus P5.40 for laser-based systems.
Beyond its commercial operations, Epson Philippines said it has partnered with World Wildlife Fund on a waste management project in Pio Duran, Albay.
The initiative includes the deployment of plastic shredders and waste segregation bins to help convert collected waste into products such as bricks and furniture.
The company said the project has collected around 2,000 kilograms of mixed waste, including 738 kilograms of plastic, since its launch.
Internally, Epson reported collecting more than 1,100 kilograms of clean plastic and 1,600 kilograms of shredded paper for recycling in fiscal year 2025 as part of its waste segregation efforts.
