Epson takes equity stake in Cluster Technology for print head parts

Seiko Epson has signed a capital and business alliance with Japanese materials specialist Cluster Technology, subscribing to a third-party share allotment for JPY 300m (USD 1.9m). The tie-up targets joint development of inkjet print head components and next-generation materials, part of Epson's plan to invest JPY 5bn (USD 31.6m) over three years in its inkjet solutions growth area.

Why this mattersA small equity stake signals Epson is securing specialist resin-moulding capacity to support growing demand for its inkjet print heads, used across printing and industrial applications.

• Epson subscribed to a third-party allotment of new shares in Cluster Technology for JPY 300m (USD 1.9m).
• The alliance targets development of inkjet print head components, high-function parts and next-generation materials.
• Epson plans to invest JPY 5bn (USD 31.6m) over three years in its inkjet solutions business under its ENGINEERED FUTURE 2035 vision.
• Cluster Technology specialises in precision resin moulding and customised materials for optical and printer components, and resin insulation materials for heavy-electric industry.
• The deal makes Epson a major shareholder of Cluster Technology, per the latter's regulatory disclosure.
• Agreement signed 9 October 2026.

Relevant to you? Yes No