ALL ABOUT EIZO
The Company
EIZO is Japanese for "image", and the name of one of the world's leading manufacturers of high-end monitor solutions.
Since our inception in 1968, we have been producing high-end monitors and other display solutions for markets such as graphics, business, healthcare, security & surveillance, air traffic control and many more. Although we serve a plethora of clients from a number of industries and countries in Asia Pacific region, our mission has remained unchanged - to create imaging solutions that enrich people in the professional and personal lives.
Origins in Japan
The EIZO Corporation was founded in 1968 and is headquartered in Hakusan/Ishikawa, Japan. The company is listed on the Tokyo stock exchange.
EIZO is represented by its regional offices and exclusive sales partners in over 80 countries. The close-knit distribution network provides proximity to customers and enables rapid delivery of high-end monitor solutions with comprehensive service. EIZO currently employs more than 2,238 employees worldwide.
Information pertaining to EIZO Global's financial performance and investor relations can be found here.
EIZO in the Asia Pacific
EIZO is represented in 12 countries in the Oceania region via offices in Sydney, Australia and Singapore, and a wide distributor network.
The majority of sales and marketing activities are bundled under EIZO APAC. The headquarters are located in Sydney and our subsidiary, in Singapore.
History
EIZO can look back on decades of experience in developing, producing, and selling first-rate monitors – and it possesses the corresponding expertise.
Founding and Early Innovation (1968 - 1981)
1968
Black and White TVs
Eizo Nanao Corporation was founded as Hakui Electric Corporation in the quiet city of Hakui, Japan. EIZO began as an original equipment manufacturer (OEM) of black and white televisions.
1973
Name change
The company changed its name to Nanao Corporation.
1978
Table top gaming monitors
EIZO entered the gaming market by beginning the manufacture and sale of tabletop video arcade machines. An EIZO table top was used with one of the 20th century's most recognizable arcade games: Space Invaders.
1980
Hardware and now software
EIZO acquired Irem Corporation, a maker and purveyor of software for home and industrial use. Integrating its hardware and software expertise would become the core of EIZO's business model in the years to come and remains that way today.
Creating the Brand (1984 - 1990)
1984
Going Global
Capitalizing on a global PC revolution, EIZO decided to expand its business overseas by founding Hitec Associates Ltd. (later renamed Eizo Corporation) in Kanazawa, Japan as a sales subsidiary for the European market.
1985
New brands
After 17 years as an OEM manufacturer, the company began a new chapter in its history by selling its display monitors under its own name – or two names as it turned out. For the North American market, the company founded Nanao USA Corporation in California (now operating as EIZO Inc.) and sold its monitors under the NANAO brand name. In Europe, the company took a different route and chose the brand name "EIZO," which is the Japanese word for "image".
The first EIZO/NANAO monitors had 12- or 14-inch screen diagonals as well as a “compact design and low weight.” Particularly worth mentioning: Back then, the monitors had an “ultra-high resolution of 700 pixels x 400 lines,” according to a product brochure for the 8040 model.
1990
New facilities, new headquarters
To accommodate continuing growth, EIZO built new global headquarters and a research and development facility in Hakusan, Japan, next to a plant it opened in 1981. The following year, EIZO added a second plant.
Worldwide Brand Success (1991 - 1999)
1991
NANAO in Japan
After seeing its products appear on the shelves of Tokyo electronics stores as "reverse imports," the company began the sale of CRT display monitors for personal computers in its home market of Japan under the NANAO brand name.
1992
Swedish subsidiary established
Swedish subsidiary Eizo Sweden AB founded (now operating as EIZO Nordic AB). EIZO Nordic AB participated in the pioneering TCO forums, helping to establish guidelines for monitors concerning electric and magnetic field emissions, energy efficiency, and electrical safety.
First foray into LCD monitors
EIZO produced its first LCD monitor for PCs, the FA-1020, years before LCDs became commonly available. This 10.4" model came in desktop and swing arm versions.
1993
ISO 9002 certification
Acquired ISO 9002 Quality Management System Certification.
1996
Unified brand name, new logo, new monitor design
The company discontinued using the NANAO brand name in North America and Japan and adopted EIZO as its brand name worldwide. With this global brand name came a new EIZO logo and distinctive new CRT monitor cabinet design which became a hit with business and home users alike.
1997
ISO 9001 certification
Acquired ISO 9001 Quality Management System Certification.
LCD monitor production
Advances in LCD technology combined with a demand for more space-efficient monitors made it feasible to begin mass production of LCD monitors for PCs. EIZO brought one of the first LCD products to market with the 13.8-inch FlexScan L23.
1998
ISO 14001 certification
Acquired ISO 14001 Environmental Management System Certification, a management system EIZO has updated three times since then.
1999
Company name change
Nanao Corporation and Eizo Corporation merged and assumed the company's present name of Eizo Nanao Corporation.
Innovation in the 21st Century (2001 - to date)
2001
World's thinnest desktop LCD monitor
When LCD monitors first became widely available in the late 1990's, their bezel widths rivaled those of CRT monitors. EIZO changed all that with the release of the FlexScan L675, the world's first thin-bezel desktop LCD monitor. With a bezel width of what at the time was a revolutionary18.5 mm, the L675 was an instant hit in trading rooms and back offices.
2002
Medical market
With the rapid digitization of images in the medical field, EIZO entered the medical imaging market with its RadiForce line of monitors.
5th anniversary LCD monitor
To commemorate five years of manufacturing LCD monitors, EIZO released "Placeo", a 17-inch model with an aluminum cabinet. Only 3,000 pieces of this limited edition monitor were manufactured.
EIZO Eco Products
The company established "EIZO Eco Products" as an eco logo with the purpose of ensuring its products meet an internal set of criteria for environmental consciousness. EIZO has since updated EIZO Eco Products three times.
2003
LCD monitors for color professionals
Although the migration to LCD technology in the corporate world was well underway, professionals in color-critical fields such as pre-press and photography were still clinging to their aging CRTs. EIZO made it safe for them to finally make the switch when it introduced its ColorEdge series – the world's first line of LCD monitors specifically targeted at graphics professionals.
2004
World's first Adobe RGB LCD monitor
Building on the initial success of its ColorEdge monitors, EIZO introduced the ColorEdge CG220, the world's first LCD monitor capable of reproducing the Adobe RGB color space.
Back to the beginning
EIZO returned to its roots as a TV manufacturer with the introduction of the FORIS line of LCD TVs in Japan.
2005
Swiss subsidiary established
EIZO acquired the Eizo Business Unit of EXCOM AG, its sales distributor in Switzerland, and established the fully owned subsidiary Eizo Nanao AG.
ISO 13485 certification
EIZO became the first stand-alone monitor manufacturer to receive ISO 13485 certification for the quality management system for its medical display devices.
2007
New acquisitions expand vertical market business
EIZO acquired graphics board developer and manufacturer, Tech Source, Inc. of Florida, USA. With this acquisition, EIZO entered the air traffic control, military and defense, and command and control markets.
Later this year, EIZO acquired the medical monitor business of Germany's Siemens A&D and established a new subsidiary, EIZO GmbH, in Karlsruhe, Germany. Through this acquisition, EIZO expanded its presence in the medical market, strengthened its R&D expertise, and now had production capability in Germany.
New R&D facility
The company opened a new 2.5 billion yen, six floor research and development center within its global headquarters in Hakusan, Japan. (see image above)
2008
Further vertical market expansion
EIZO entered into a definitive agreement with eg-electronic GmbH of Wolfratshausen, Germany to acquire the latter's business units for industrial monitors, air traffic control monitors, and monitor control boards. The acquisition was finalized in February 2009 and a new subsidiary, EIZO Technologies GmbH, in Wolfratshausen, Germany, officially began operations.
2009
FORIS Goes Global
Previously only available in Japan, EIZO expanded its FORIS line of TVs to include PC monitors for home entertainment and released FORIS monitors worldwide.
2010
Factory for the Chinese market
Anticipating rapid growth in China for medical services and medical devices, EIZO established a wholly-owned subsidiary in China, EIZO Display Technologies (Suzhou) Co. Ltd., to manufacture medical monitors for the Chinese market.
2011
German and UK subsidiaries established
EIZO founded two wholly-owned subsidiaries in order to expand European sales and marketing activities: EIZO Europe GmbH (Germany) and EIZO Limited (United Kingdom). (Pictured to the right: the EIZO Europe GmbH headquarters in Mönchengladbach, Germany)
2013
Company name change
Changed company name from Eizo Nanao Corporation to EIZO Corporation.
2015
Acquisitions of medical system integration business from Imation Corporation Japan
EIZO acquires Imation’s medical system integration business in Japan through a wholly-owned company named EIZO Medical Solutions Inc. .
2016
Acquisitions of endoscopy monitor business from Panasonic Healthcare Japan
EIZO acquired endoscopy monitor business from Panasonic Healthcare Co., Ltd. of Japan.