Seiko Epson Corporation has been listed among the Top 100 Global Innovators for 2016 by Philadelphia-based Clarivate Analytics, formerly the Intellectual Property & Science business of Thomson Reuters.
Epson has been in the top 100 list since its inception in 2011.
The trophy was presented by Hirofumi Hino from Clarivate Analytics' office in Japan to Toshiya Takahata, executive officer and general administrative manager of Epson's Intellectual Property Division.
Toshiya Takahata, while responding to the honour, said: "I am extremely pleased and proud that Epson has once again been honored with inclusion on the Top 100 Global Innovators list. Epson's business strategies and intellectual property strategies are closely linked under the Epson 25 Corporate Vision. The acquisition of high-quality patents that contribute to our business is a high priority for us. I think Clarivate Analytics was able to see and appreciate what we have been doing, and that's why we again made the Top 100 Global Innovators list.”
Takahata (right) accepting the trophy from Hirofumi Hino of Clarivate Analytics
“Intellectual property expands the potential of Epson's current businesses as well as our future businesses. The Intellectual Property Division will continue to work closely with research and development departments to achieve Epson's aim of becoming a truly indispensable company by creating products and services that help to make the world a better place," he further said.
The Top 100 Global Innovators are selected on the basis of four main criteria - volume, success, globalization, and influence. Epson has been selected for its success rate, a metric that indicates the ratio of patents granted to the number of applications filed.
Epson files about 4,000 patent applications a year. It holds and maintains about 50,000 patents globally and is working with patent agencies in 20 countries or more at any given time. In the patent rankings for the 2015 fiscal, Epson ranked 7th in Japan for the number of patents awarded, 16th in the United States, and 15th in China (among foreign companies).
Epson possesses world-class IP capabilities and is an industry leader in patent quantity and quality in product categories such as inkjet printers and projectors.