Ricoh Company, Ltd. (“Ricoh”) revised its consolidated financial forecast for the year ending March 31, 2010 based on its recent business performance.
Ricoh Company, Ltd.
| Previous forecast (A)
(Announced on October 27, 2009)
|New forecast (B)||2,000,000||45,000||35,000||15,000|
|Change (B – A)||-65,000||5,000||5,000||5,000|
Actual for the year ended March 31, 2009
Ricoh assumes the consolidated net sales of both domestic and overseas market are lower than our previous forecast. However, Ricoh expects the operating income, income before income taxes and net income attributable to Ricoh Company, Ltd. surpass our previous forecast the fact that Ricoh's group-wide cost reduction efforts offset the decrease in the gross profit stemming from the decrease in the net sales.