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      News Release

      Notification about Details of and Conclusion of Share Repurchase

      (Share repurchase under the provisions of Epson's Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)

      - TOKYO, Japan, July 1, 2016 -

      Seiko Epson Corporation (TSE: 6724, "Epson") has implemented a share repurchase pursuant to Article 156 of the Companies Act of Japan as applied pursuant to Article 165, Paragraph 3 of the same act.

      This concludes the share repurchase resolved at a meeting of Epson's board of directors held on April 28. Details of the repurchase are as follows.

      (1) Class of shares to be repurchased

      Ordinary shares

      (2) Total number of shares purchased


      (3) Total repurchase amount

      5,886,220,100 yen

      (4) Repurchase period

      June 1, 2016, to June 30, 2016 (on an execution base)

      (5) Repurchase method

      By securities company using discretionary method


      1. Details of the resolution at board of directors meeting held on April 28, 2016.

      (1) Class of shares to be repurchased

      Ordinary shares

      (2) Total number of repurchasable shares

      7 million (maximum) (1.95% of the total number of issued shares (excluding treasury stock))

      (3) Total repurchase amount

      10 billion yen (maximum)

      (4) Repurchase period

      May 2, 2016 to June 30, 2016

      (5) Repurchase method

      By securities company using discretionary method

      2. Total number of shares repurchased based on resolution of aforementioned board of directors' meeting

      (1) Total number of shares purchase


      (2) Total repurchase amount

      9,987,101,600 yen

      About Epson
      Epson is a global technology leader dedicated to connecting people, things and information with its original efficient, compact and precision technologies. With a lineup that ranges from inkjet printers and digital printing systems to 3LCD projectors, smart glasses, sensing systems and industrial robots, the company is focused on driving innovations and exceeding customer expectations in inkjet, visual communications, wearables and robotics.
      Led by the Japan-based Seiko Epson Corporation, the Epson Group comprises more than 67,000 employees in 90 companies around the world, and is proud of its contributions to the communities in which it operates and its ongoing efforts to reduce environmental impacts.

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