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Monday, April 29, 2024

Epson unveils growth tactics

Mr Yunyong, right, says the company aims to continue growth at 10% in fiscal 2023.

Epson Thailand, the local operating unit of the Japanese printing technology firm, has outlined five strategies to ensure sustainable growth.

The strategies are new S-curve, new target, new business model, new service and new experience.

The company expects the strategies to increase the contribution from the corporate market segment to 50% of total revenue by 2025, up from 35% now, amid a decline in consumer printing.

The consumer segment currently accounts for 65% of total revenue.

Yunyong Muneemongkoltorn, managing director of Epson Thailand, said the company aims for 10% growth in fiscal 2023, which begins in April, after posting 10% growth the…

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