Please be informed that Ricoh Co. Ltd. and Ricoh group companies in Japan ended their voluntary early retirement program announced on June 29, 2011. Details are as follows.
1.Outline of Call for Voluntary Early Retirement
|Number of personnel that might
choose voluntary early retirement:
|Approx. 1,600 from Ricoh Co. Ltd. and Ricoh group companies in Japan|
|Application period:||July 1, 2011 to December 31, 2011|
|Date of retirement:||August 1, 2011 to January 31, 2012|
2. Application Results
Number of applicants: 2,340
3. Future Outlook
Expenses, such as special retirement payments, that arise from this voluntary early retirement program came to approximately 24.7 billion yen for Ricoh Co. Ltd. and Ricoh group companies in Japan. It was already included in Ricoh consolidated financials released today.