Ricoh Company, Ltd. (“Ricoh”) hereby announces that its Board of Directors decided today at its meeting to reorganize the domestic sales structure.
Under the reorganization, the Marketing Group (excluding certain operations) of Ricoh will be succeeded by Ricoh Sales Co., Ltd. (“Ricoh Sales”), a wholly owned subsidiary of Ricoh, by means of an absorption-type split. Meanwhile, Ricoh Hokkaido Co., Ltd. (“Ricoh Hokkaido”), Ricoh Tohoku Co., Ltd. (“Ricoh Tohoku”), Ricoh Chubu Co., Ltd. (“Ricoh Chubu”), Ricoh Kansai Co., Ltd. (“Ricoh Kansai”), Ricoh Chugoku Co., Ltd. (“Ricoh Chugoku”), and Ricoh Kyushu Co., Ltd. (“Ricoh Kyushu”), all of which are wholly owned subsidiaries of Ricoh, will be merged into Ricoh Sales, which will be the surviving company.
Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2014, Ricoh Group had worldwide sales of 2,195 billion yen based on the IFRS accounting standard (approx. 21.3 billion USD).
The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.
Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.
For further information, please visit www.ricoh.com/about/
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