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Electronic Technology

Ricoh Co., Ltd.

Business Summary

Ricoh Co., Ltd. engages in the development, production, sale, and provision of services for imaging systems, industrial printers, and network equipment. It operates through the following segments: Office Printing, Office Services, Commercial Printing, Industrial Printing, Thermal, and Others. The Office Printing segment provides multifunction devices, printers, and copiers for offices. The Office Services segment deals with infrastructure construction, network communication support, and visual communication products. The Commercial Printing segment provides digital printing products and maintenance services. The Industrial Printing segment manufactures and sells industrial inkjet heads, inkjet inks, and industrial printers. The Thermal segment produces thermal paper and thermal transfer ribbons. The Others segment includes industrial products, Smart Vision, and new businesses. The company was founded by Kiyoshi Ichimura on February 6, 1936 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2022 JPYUSD
Gross Profit572,333M5,093.16M
Operating income25,256M224.75M
Income before tax38,784M345.13M
Net income30,371M270.27M
Diluted EPS45.340.40
Dividends Per Share260.23
Total Assets1,853.25B15,268.82M
Total liabilities947,429M7,805.80M
Total equity902,042M7,431.86M
Operating cash flow82,462M733.82M
Currency in JPYCurrency in USD

Historical Data

 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 2,063.36B 2,013.22B 2,008.58B 1,682.06B 1,758.58B
Gross Profit 750,913M 742,017M 668,243M 517,885M 572,333M
Operating income 13,089M 63,653M 73,479M -83M 25,256M
Income before tax -124,182M 83,964M 75,891M -44,673M 38,784M
Net income -135,372M 49,526M 39,546M -32,730M 30,371M
EBITDA 121,416M 157,941M 194,167M 104,535M 115,735M
Diluted EPS -186.75 68.32 54.57 -45.19 45.34
Dividends Per Share 15 23 26 15 26
Total Assets 2,641.03B 2,725.13B 2,867.64B 1,887.86B 1,853.25B
Total liabilities 1,652.27B 1,706.14B 1,859.11B 964,016M 947,429M
Total equity 909,565M 932,577M 920,371M 920,246M 902,042M
Operating cash flow 110,288M 81,947M 116,701M 126,962M 82,462M
 Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue 18,616.96M 18,154.41M 18,473.81M 15,859.98M 15,649.59M
Gross Profit 6,775.21M 6,691.18M 6,146.13M 4,883.06M 5,093.16M
Operating income 118.09M 573.99M 675.81M -0.78M 224.75M
Income before tax -1,120.44M 757.15M 698.00M -421.21M 345.13M
Net income -1,221.41M 446.60M 363.72M -308.60M 270.27M
EBITDA 1,095.49M 1,424.24M 1,785.84M 985.64M 1,029.92M
Diluted EPS -1.68 0.61 0.50 -0.42 0.40
Dividends Per Share 0.13 0.20 0.23 0.14 0.23
Total Assets 24,833.37M 24,620.60M 26,563.33M 17,084.77M 15,268.82M
Total liabilities 15,536.19M 15,414.41M 17,221.23M 8,724.12M 7,805.80M
Total equity 8,552.56M 8,425.50M 8,525.50M 8,328.01M 7,431.86M
Operating cash flow 995.08M 738.96M 1,073.35M 1,197.10M 733.82M

Valuation Measures

Mar 2022
Operating margin1.43%
Profit margin1.72%

Key executives

  • Executive President, CEO & Representative Director: Yoshinori Yamashita
  • CFO & Corporate Executive Officer: Takashi Kawaguchi
  • Director & Chief Technology Officer: Seiji Sakata
  • Chief Human Resources Officer & Executive Officer: Mayuko Seto
  • Corporate Executive Officer: Kazuo Nishinomiya


  • Effissimo Capital Management Pte Ltd. (18.3%)
  • Nomura Asset Management Co., Ltd. (4.4%)
  • Nippon Life Insurance Co. (4.3%)
  • Sumitomo Mitsui Trust Asset Management Co., Ltd. (3.4%)
  • The New Technology Development Foundation (2.5%)
  • The Vanguard Group, Inc. (2.5%)
  • Nikko Asset Management Co., Ltd. (2.0%)
  • Daiwa Asset Management Co. Ltd. (1.9%)
  • Mitsubishi UFJ Financial Group, Inc. (1.8%)
  • BlackRock Fund Advisors (1.7%)

Contact Details

  • Website:
  • Address: 1-3-6 Nakamagome, Ota-Ku, Tokyo, 143-8555, Japan
  • Phone: +81.3.3777.8111

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  • Ricoh Puerto Rico, Inc.
  • Ricoh Panama SA
  • Ricoh Imaging Europe SAS
  • Ricoh Imaging Canada, Inc.
  • Ricoh Components Asia (Hong Kong) Co. Ltd.


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Last Updated on 30 Mar, 2023

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