Epson 2015 Annual Report Download - page 114

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113
Company name Location Main business
Ownership percentage of
voting rights (%)
(Note)
Epson Precision
(Philippines), Inc. Lipa, Philippines Manufacture of
information-related equipment 100.0
Epson Precision
Malaysia Sdn. Bhd.
Kuala Lumpur, Malaysia
Manufacture of devices and
precision products
100.0
Epson Precision
(Johor) Sdn. Bhd.
Johor, Malaysia
Manufacture of devices and
precision products
100.0
(100.0)
(Note) Ownership percentage of voting rights indicated inside parentheses refers to indirect ownership percentage.
37. Related Parties
Transactions between the Company and its subsidiaries, which are related parties of the Company, have been eliminated in
consolidation and are not disclosed in this note. There were no significant transactions between the Company, its subsidiaries and
other related parties.
The remuneration of directors and other members of key management personnel was as follows:
(Note 1) Epson introduced a stock performance (stock-based) remuneration system to link remuneration more closely to share
price, so a certain portion of short-term remuneration is allotted for the purchase of Epson Stock.
(Note 2) A director who retired at the closing of the general shareholders’ meeting held on June 24, 2014 receipted a retirement
benefit of ¥41 million based on the resolution of the general shareholders’ meeting held on June 23, 2006, on the payment of
director retirement benefits.
Millions of yen
Thousands of
U.S. dollars
Year ended
March 31
Year ended
March 31,
2014
2015
2015
Short-term remuneration
564
563
4,685