Tokyo, January 31, 2014— Ricoh Company, Ltd. at its Board of Directors meeting held on January 31, 2014, resolved to apply for the delisting of its ordinary shares from the Euronext Paris Stock Exchange.
1. Reason for Delisting
The trading volume of the shares on the Euronext Paris Stock Exchange has been extremely low. Ricoh believes that the delisting would not substantially cause inconvenience to Ricoh's shareholders and investors.
2. Stock exchange on which the shares will continue to be listed
Tokyo Stock Exchange, Nagoya Stock Exchange, Fukuoka Stock Exchange and Sapporo Stock Exchange
The application for the delisting of Ricoh's shares will be made to the Euronext Paris Stock Exchange after this announcement. Ricoh expects to complete the delisting procedures within six months. This time table may vary depending on the exchange's requirements.
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.