News Release

 

Notification Regarding the Reorganization of Domestic Design/Production Functions

Tokyo, January 31, 2013—Ricoh Company, Ltd. (President and CEO: Shiro Kondo; hereinafter "Ricoh") announced that at the today's meeting of the Board of Directors of our Company, the reorganization of domestic design/production functions was decided. For this reorganization, the absorption-type split causes RICOH Technologies COMPANY, LTD., which is a wholly-owned subsidiary of Ricoh Company, Ltd., to succeed some portion of the design functions of the company. At the same time, the absorption-type split causes RICOH Industry Co., Ltd., which is a wholly-owned subsidiary of Ricoh Company, Ltd., to succeed some portion of the production functions of the company.


< Objective of the Reorganization >

1. Design Functions
By transferring the design functions of Tohoku Ricoh Co., Ltd., Ricoh Unitechno Co., Ltd., and Ricoh Elemex Corporation and some portion of the design functions of Ricoh Company, Ltd., to the new company, the Company aims to maximize the design efficiency and development capability through the construction of a development system and mechanism unrestricted by the boundaries of companies and organizations. As a result, development productivity will be further pursued in the main business field, and low cost engineering capacity will be improved, along with strengthening customer service. In addition, the Company will accelerate the construction of a system that can invest resources in new business fields, growth and reinforcement.

2. Production Functions
By transferring the production functions of Tohoku Ricoh Co., Ltd., Ricoh Printing Systems, Ltd., and Ricoh Unitechno Co., Ltd., and some portion of the production functions of Ricoh Company, Ltd., to the new company, the Company aims to reorganize the system to permit effective utilization of the overall management resources of the Ricoh Group. The aim of the new company is to strengthen human resource development and its collective capability to succeed, carry over and develop the manufacturing technologies of the Ricoh Group globally, as a leading manufacturing company that can also contribute to enhancing technical development in the next generation, including products, key parts and new business fields.


< Outline of the new Companies >

1. Design Functions
  ・Corporate Name : RICOH Technologies COMPANY, LTD.
  ・Headquarters : 810 Shimo-Izumi, Ebina-shi, Kanagawa Prefecture
  ・Representative : Minoru Saito, President
  ・Number of Employees : Approx. 700
  ・Capital : 10 million yen

2. Production Functions
  ・Corporate Name : RICOH Industry Co., Ltd.
  ・Headquarters : 1005 Shimoogino, Atsugi-shi, Kanagawa Prefecture
  ・Representative : Masayuki Ishihara, President
  ・Number of Employees : Approx. 2,700
  ・Capital : 100 million yen

Related Subject   Corporate

 

| About Ricoh |
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 2013, Ricoh Group had worldwide sales of 1,924 billion yen (approx. 20 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.

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