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Spice Up Your Life with Homemade Pumpkin Spice: No Bake Pie | SaltWire #shortsvideo #cookingshortsTOKYO - Printing giant Seiko Epson is betting on growth in the Middle East and Africa as demand ebbs in its home market of Japan and other developed nations, its chief executive said.
The Middle East, Turkey, and Africa were growth highlights in fiscal 2022. So following success it had in India with a specialised subsidiary, the company in August set up a new base in Dubai to directly manage strategy in the region. Operating profit slid nearly 70% in the three months through September, and the company lowered its full-year forecast to 80 billion yen from earlier guidance of 100 billion yen.
To eke out more growth in developed markets, Epson plans to shift its portfolio more towards commercial and industrial customers looking to reduce waste.
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