Regarding the capital and business alliance with the University of Tokyo startup company Elephantech.

A partnership agreement has been concluded for inkjet head supply. We will continue to accelerate the industrial use of inkjet heads in the future.

Epson has invested in Elephantech Inc., a startup in the printed electronics field, and has entered into a partnership agreement for the supply of inkjet heads and other collaborations. Elephantech has shortened the manufacturing process compared to conventional flexible substrates through its unique manufacturing methods. This not only reduces environmental impact but also achieves lower manufacturing costs and lead times. Our company aims to strengthen its inkjet innovation by focusing on the inkjet head sales business using core devices centered around PrecisionCore technology and enhancing open innovation. This business partnership is one of the specific measures to achieve that goal, and by collaborating with Elephantech, which has potential customers and is leading in new markets for inkjet printing in the electronics sector, we will accelerate the industrial use of inkjet heads. *For more details, please refer to the PDF materials or feel free to contact us.*

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