Epson has announced the appointment of 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 percent, placing it very close to the market leader. In Dot Matrix printers Epson has a commanding 54 percent market share and in Point of Sale printers 52 percent 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 Seven years at Epson Portland (USA) in the late 80’s and 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 Toshiyuki Kasai.