EcoTank & Fiery Acquisition Fuel Epson’s Profit Growth

Epson  announced a  38.4 percent growth in profit for  the financial year ended 31 March 2025 [FY 2024]. Consolidated revenue rose 3.7 % to ¥1.36 trillion [KES 1.2 trillion], to ¥89.6 billion [KES 78 billion] during the same period. The growth is attributed to innovative technologies across its print, visual communications and industrial segments, led by demand for high-capacity EcoTank printers built on Heat-Free, PrecisionCore printhead technology, and by the first-time consolidation of Fiery digital front-end solutions, which added roughly ¥10 billion [KES 8 billion] in Q4 revenue and ¥2–3 billion in profit.

Epson EcoTank & Fiery
Mukesh Bector , Epson’s Regional Head for East and West Africa
Sustainable Tech Drives 38% Profit Increase in FY24

Epson Regional Head, East & West Africa, Mukesh Bector says Kenyan businesses and schools were early adopters of the Heat-Free EcoTank line. They wanted to save in energy and ink costs while delivering professional color.

 “These sustainable EcoTank technologies & Fiery acquisition. Underpin Epson’s global profit rebound and put us squarely behind Kenya’s own digital acceleration,” said Mr. Bector.

Mukesh further noted that Epson’s results align with two milestone policy frameworks launched in Nairobi over the past year. The Nairobi Declaration on Fostering a Connected and Empowered Africa [April 2024]. It commits African ICT ministers to expand broadband, boost digital skills and enable inclusive, sustainable innovation. The Kenya Artificial Intelligence Strategy 2025-2030 – whose three pillars call for AI-ready digital infrastructure, secure data ecosystems, and vibrant R&D/innovation hubs supported by talent, governance and investment enablers.

Kenya Collaboration on AI and Sustainable Tech

Adding that at Epson will deepen collaboration with government, academia and private-sector partners. Epson will Pilot Heat-Free micro-factories to demonstrate low-energy industrial printing. Contribute to AI-enabled agricultural labelling projects that support traceability and food-safety goals in line with Kenya’s AI Strategy vision of “inclusive socio-economic development” and Expand its EcoTank in Schools programme, offering curriculum-aligned print solutions and teacher training, advancing the Nairobi Declaration’s digital-skills commitment.

 “Our FY 2024 numbers prove that sustainable technology is winning in the marketplace. In FY 2025 we’ll channel that momentum into partnerships that make Kenya a regional hub for green, AI-enabled manufacturing and learning.” Said Mr. Bector.

Kenya PriorityEpson FY 2024 Contribution
AI-ready digital & green infrastructureHeat-Free inkjet architecture reduces electricity consumption by up to 85 % versus laser, easing pressure on Kenya’s grid and aligning with carbon-neutral data-centre goals.
Secure data & local contentPrecisionCore printheads enable on-demand, variable-data printing for education, health and fintech, keeping sensitive information in-country.
R&D & innovation capacityThe Fiery® platform brings advanced colour management and automation tools that Kenyan print-service providers can now integrate into local workflows.
Talent & skillsEpson’s regional training hub will upskill 1,000 Kenyan technicians and graphic-arts students on digital print and colour science during FY 2025.

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