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...Boutique Budapest and Seiko Hungary....
...Corporation....
...Such watches are becoming increasingly popular in the west, with demand growing, says Akio Naito, Seiko Watch Corporation’s president....
...For Akio Naito, president of Seiko Watch Corporation, the Kodo is the latest attempt to cement Grand Seiko’s international reputation among aficionados as the “Japanese Rolex”....
...Both commemorate Seiko’s 140th anniversary, with a rose gold Tree Rings being limited to 140 examples worldwide. It will be available in Grand Seiko boutiques from November, priced at about €50,000....
...By his own estimation, Akio Naito’s ascension to the presidency of Seiko Watch Corporation in April was unusual....
...Seiko’s Grand Seiko sub-brand devotes itself to making top-quality mechanical watches that for decades were mostly sold to Asian buyers only....
...The world marvelled at the Hitachi bullet train; new sporting records were measured more accurately than previously, using Seiko equipment, and so on....
...Seiko Epson will replace Toshiba on August 1 when the conglomerate, which is battling a financial crisis, will be demoted to the second section of the Tokyo Stock Exchange....
...Seiko Epson shares closed up 0.7 per cent on Monday at ¥2,565 a share....
...Epson....
...Seiko Epson rose as much as 4.6 per cent after Nikkei Inc said the watch and printer manufacturer would replace troubled conglomerate Toshiba in its Nikkei 225 index....
...Grand Seiko; Patek Philippe produced a heritage watch with a moon-phase display....
...Seiko Epson, the world’s third-biggest printer maker, is anticipating a 26 per cent year-on-year decline in operating profit to ¥70bn ($657m)....
...its Grand Seiko models....
...Analysts say, however, that the business-to-business shift still leaves Seiko Epson vulnerable to price declines....
...Other Japanese manufacturers such as Fanuc and Seiko Epson have already warned of a slide in profits for the 2016-17 fiscal year after revising their currency forecasts to a rate of ¥105 against the dollar...
...In the 1980s, Seiko symbolised the wave of Asian quartz watches that threatened the future of mechanical watchmaking in Switzerland....
...US competitors Danaher and Dover Corporation were seen among the potential counter-bidders, along with Japanese printer makers such as Epson, Xerox and Kyocera....
...Minoru Usui, president of printer maker Seiko Epson, signalled he was positive about raising base pay this year as the company expects to book a second straight year of record profits....
...Seiko’s high-end Grand Seiko and Credor timepieces have been bought by the Japanese market for more than 50 years....
...For its first in-house chronograph movement, Calibre 1887 (launched in 2011), TAG Heuer needed to move quickly; it came to an agreement with Seiko to base the movement on one made by the Japanese manufacturer...
...Ricoh fell 5.5 per cent to Y502, while Seiko Epson shed 7.5 per cent to Y568 and Konica Minolta Holdings lost 4.3 per cent to Y511. Canon fell 0.9 per cent to Y2,678....
...Two parallel umbrella companies, Seiko Holdings Group and Epson Seiko, each make watches in the quartz and luxury sectors, as well as products ranging from Epson printers and projectors to golf clubs and...
...Seiko Epson, a Japanese maker of printers and scanners, tumbled 6 per cent after cutting its operating profit guidance....
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