Tokyo, October 1, 2011–Ricoh Company, Ltd. (President & CEO: Shiro Kondo; hereinafter referred to as "Ricoh") announces the establishment of PENTAX RICOH IMAGING COMPANY, LTD. as its wholly owned subsidiary on October 1, 2011.
Earlier, HOYA Corporation (President & CEO: Hiroshi Suzuki; hereinafter referred to as "HOYA") transferred the PENTAX Imaging Systems Business to PENTAX Imaging Corporation, a newly established subsidiary of HOYA, through an absorption-type split (spin off) and business transfer. Ricoh has acquired all shares outstanding in PENTAX Imaging Corporation, as of today, completing the transaction. Ricoh also changed the name of the company at the same time.
Byforming the new company, Ricoh will strive to further bolster consumer products and services, in addition to its existing digital camera business.
|PENTAX RICOH IMAGING COMPANY, LTD.
宾得理光映像有限公司 (in Chinese)
|Business:||Manufacture and sales of optical equipment such as digital cameras, binoculars and lenses for security cameras|
|President & Representative Director:||Zenji Miura (Representative Director, Deputy President, Ricoh Company, Ltd. )|
|Head office:||2-35-7, Maeno-cho, Itabashi-ku, Tokyo|
|Established:||October 1, 2011|
|Capital:||100 million yen|
|Number of employees:||Approx.1900|
Subsidiaries of the New Company
Pentax Imaging Corporation's subsidiaries shown below have been transferred to the new company as of October 1, 2011.
|Name of subsidiary||Location|
|PENTAX RICOH IMAGING PRODUCTS (Vietnam) CO., LTD.||Vietnam, Hanoi|
|PENTAX RICOH IMAGING PRODUCTS (Philippines) CORPORATION||The Philippines, Cebu|
|PENTAX RICOH IMAGING EUROPE n.v.||Belgium, Zaventem|
|PENTAX RICOH IMAGING FRANCE S.A.S||France, Argenteuil|
|PENTAX RICOH IMAGING UK LTD.||The United Kingdom, Slough|
|PENTAX RICOH IMAGING DEUTSCHLAND GmbH||Germany, Hamburg|
|PENTAX RICOH IMAGING AMERICAS CORPORATION||The United States, Denver|
|PENTAX RICOH IMAGING CANADA INC.||Canada, Mississauga|
|PENTAX RICOH IMAGING CHINA CO., LTD.||China, Shanghai|
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/
Information in the news releases is true and accurate at the time of publication.
Manufacture, sales, price and specifications of products may be subject to change.