Daiwa Kogyo Ltd. (the predecessor of Seiko Epson Corporation) is established on the shore of Lake Suwa in Nagano, Japan.
The Seiko Group is selected as the official timekeeper for the Olympic Games in Tokyo. The compact tabletop quartz clock, Crystal Chronometer QC-951, and printing timer play important roles at the event.
EP-101, the world's first miniprinter, is launched, from which the Epson brand was later born.
The world’s first quartz watch, the Seiko Quartz Astron 35SQ, was released and it revolutionized horology.