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Ricoh Company, Ltd. and Consolidated Subsidiaries

FLASH REPORT (Consolidated Results for the Year Ended March 31, 2014)

 

1. Results for the period from April 1, 2013 to March 31, 2014
(1) Operating Results (Millions of yen)
Year ended
March 31, 2013
Year ended
March 31, 2014
Net sales 1,924,497 2,236,913
  (% change from the previous corresponding period) 1.1 16.2
Operating income 63,434 120,390
  (% change from the previous corresponding period) - 89.8
Income before income taxes 58,173 117,204
  (% change from the previous corresponding period) - 101.5
Net income attributable to Ricoh Company, Ltd. 32,467 72,828
  (% change from the previous corresponding period) - 124.3
Net income attributable to Ricoh Company, Ltd.
shareholders per share-basic (yen)
44.78 100.46
Net income attributable to Ricoh Company, Ltd.
shareholders per share-diluted (yen)
- -
Return on equity attributable to Ricoh Company, Ltd. (%) 3.8 7.6
Income before income taxes on total assets (%) 2.5 4.8
Operating income on net sales (%) 3.3 5.4
Notes:
i. Comprehensive income: ¥ 149,416 million ( 56.3 %) (¥ 95,599 million ( - %) in income in previous fiscal year)
ii. Equity in income of affiliates: ¥ -33 million (¥ 31 million in previous fiscal year)

(2) Financial Position (Millions of yen)
March 31, 2013 March 31, 2014
Total assets 2,360,697 2,556,960
Total equity 958,658 1,083,337
Ricoh Company, Ltd. shareholders' equity 897,996 1,017,907
Ricoh Company, Ltd. shareholders' equity ratio (%) 38.0 39.8  
Ricoh Company, Ltd. shareholders' equity per share (yen) 1,238.55 1,404.17


(3) Cash Flows


(Millions of yen)
Year ended
March 31, 2013
Year ended
March 31, 2014
Cash flows from operating activities 124,526 131,593
Cash flows from investing activities -106,467 -106,844
Cash flows from financing activities -64,321 -10,029
Cash and cash equivalents at end of period 117,051 140,047


2. Dividend information


(Millions of yen)
Year ended
March 31, 2013
Year ended
March 31, 2014
Year ending
March 31, 2015
Cash dividends, applicable to the year (yen) 29.00 33.00 34.00
  Half year (yen) 12.50 16.50 17.00
  Year-end (yen) 16.50 16.50 17.00
Total annual dividends (millions of yen) 21,026 23,923  
Payout Ratio (%) 64.8 32.8 30.8
Dividends on shareholders' equity (%) 2.4 2.5  


3. Forecast of operating results from April 1, 2014 to March 31, 2015


(Millions of yen)
Year ending
March 31, 2015
Net sales 2,300,000
Operating income 140,000
Income before income taxes 135,000
Net income attributable to Ricoh Company, Ltd. 80,000
Net income attributable to Ricoh Company, Ltd. shareholders per share (yen) 110.35

4.Others
(1) Changes in significant subsidiaries: No
(2) Change in accounting method has been made.
*Please see (8) Changes in Significant Accounting Policies (Consolidated) on page 24.
(3) Number of common stock outstanding (including treasury stock):
As of March 31, 2014744,912,078 sharesAs of March 31, 2013744,912,078 shares
(4) Number of treasury stock:
As of March 31, 201419,995,714 sharesAs of March 31, 201319,875,662 shares
(5) Average number of common stock:
As of March 31, 2014724,981,332 sharesAs of March 31, 2013725,062,802 shares

(Reference) Non-consolidated information

1. Results for the period from April 1, 2013 to March 31, 2014
(1) Operating Results (Millions of yen)
Year ended
March 31, 2013
Year ended
March 31, 2014
Net sales 803,861 918,829
  (% change from the previous corresponding period) 1.1 14.3
Operating income (loss) -1,520 5,702
  (% change from the previous corresponding period) - -
Ordinary income 18,650 34,599
  (% change from the previous corresponding period) - 85.5
Net income 15,846 13,169
  (% change from the previous corresponding period) - -16.9
Net income per share-basic (yen) 21.86 18.17
Net income per share-diluted (yen) - -
 
(2) Financial Position (Millions of yen)
March 31, 2013 March 31, 2014
Total assets 1,110,025 1,056,441
Net assets 603,092 586,573
Equity ratio (%) 54.3 55.5
Net assets per share (yen) 832.79 809.16
* Equity capitalMarch 31,2014 ¥586,573millionMarch 31,2013 ¥603,092million


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