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32 Seiko Epson Annual Report 2005
Induction ceremony for the Scholarship
Alumni Association
Philosophy for Philanthropy and Giving
Epson and its employees are committed to good citizenship and to responding to
the needs of the diverse communities in which the company operates. Epson
pledges to work for the betterment of society by dedicating resources to support
programs that positively impact its various communities.
Guided by its Philosophy and
Policy for Philanthropy and
Giving, Epson is involved in
numerous activities worldwide
that reaffirm its relationship
with society
Epson has formulated a Philosophy for
Philanthropy and Giving that echoes the
sentiment expressed in its Management
Philosophy, as well as a related Policy
outlining key citizenship activities. This
philosophy and policy underpin the
promotion of closer ties with local com-
munities in regions around the world
where Epson conducts business.
More details regarding Epson’s cor-
porate citizenship can be found in the
Sustainability Report 2005.
Youth Education and Awareness
Epson International Educational
Foundation to Support
International Students from Asia
As part of its youth education and
awareness activities, Epson funds a
foundation that is active in every region
of the globe where the company oper-
ates. The foundation grants assistance
to regional educational, academic and
cultural pursuits, and contributes to local
community development.
Activities are coordinated from
Japan through the Epson International
Educational Foundation. Located in the
city of Suwa in Nagano Prefecture, the
foundation was created in December
1997 to help build friendlier relations
between Japan and other parts of Asia
by encouraging development, nurtur-
ing human resources and promoting
academic pursuits in countries across
the region. In the eight years since, the
foundation has provided graduate
scholarships for study in Japan to
scholars from China, South Korea,
Indonesia, Malaysia and other Asian
countries. The number of scholarship
recipients has grown to 74, including
55 past alumni.
Corporate
Citizenship Activities
One feature of the Epson Interna-
tional Educational Foundation is that
long after granting scholarships, the
foundation continues to support
interaction between international
colleagues through a host of different
events. The foundation also publishes
Rainbow, a newsletter that serves as an
information exchange forum for current
scholarship recipients, former alumni and
those affiliated with the foundation.
In the fiscal year ended March 31,
2005, the foundation held an awards
ceremony, company tours and a
reunion for scholarship recipients. The
foundation newsletter also invited sub-
missions discussing students’ impres-
sions of their study abroad experience
in Japan or their research themes for
its “International Students Speak” col-
umn. These submissions describe to
readers both the joys and the difficul-
ties of being a student abroad, but also
tell of the research activities of the stu-
dents themselves in environmental
issues, IT and other advanced fields.
Through their demanding, if gratifying,
academic lifestyles, these students from
Asia are dedicated to building a better
future. And Epson, for its part, is com-
mitted to supporting their enthusiasm.