In May of 1942, Daiwa Kogyo Ltd. (the predecessor of Seiko Epson Corporation) was established on the shore of Lake Suwa in Nagano, Japan. Since that time, this company has evolved and expanded on its traditional strengths as a manufacturing company.
Refining the company's precision microprocessing technologies in the development of watches at first, and then expanding those technologies into other fields led to rapid momentum in the development of new products. The breakthrough came with the launch of the EP-101 (Electronic Printer), a revolutionary and immensely popular product that established Epson brand as a global player in 1975. Ever since then, high quality, high-value electronics have been introduced to the market on a enduring basis with great success.