Seiko Epson Corporation was listed among the 2016 Top 100 Global Innovators announced by Philadelphia-based Clarivate Analytics, formerly the Intellectual Property & Science business of Thomson Reuters. Epson has been on the list ever since its inception in 2011.
Hirofumi Hino from Clarivate Analytics’ office in Japan presented Toshiya Takahata, executive officer and general administrative manager of Epson’s Intellectual Property Division, with a trophy to commemorate the occasion.
The Top 100 Global Innovators methodology analyzes patents across four main criteria (volume, success, globalization, and influence). Epson was selected for the list largely in recognition of its success rate, a metric that indicates the ratio of patents granted to the number of applications filed.
Epson files about 4000 patent applications a year, and holds and maintains about 50,000 patents globally. The company is also working with patent agencies in 20 countries or more at any given time. In the patent rankings for the 2015 fiscal year, Epson ranked 7th in Japan for the number of patents awarded, 16th in the United States, and 15th in China (among foreign companies).
Comments from Toshiya Takahata, executive officer and general administrative manager of Epson’s Intellectual Property Division: “I am extremely pleased and proud that Epson has once again been honoured 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. 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.”
Clarivate Analytics analyses intellectual property and patent trends based on proprietary data to determine the world’s most innovative corporations and institutions. The analysis covers four main criteria: volume, success, globalisation, and influence. Begun in 2011, the Top 100 Global Innovators report is now in its sixth year.