Main content Main content

News Release

Revision of forecast of consolidated operating results

Based on the current business performance, Ricoh announced the following revision to the forecast of the consolidated operating results which was initially presented on April 28, 2016.

 

1. Revision to the forecast of Ricoh's consolidated operating results

 

Revision to the forecast of Ricoh's consolidated operating results for the half year ending September 30, 2016

(From April 1, 2016 to September 30, 2016)

Net sales
(Millions of yen)
Operating income
(Millions of yen)
Income before income taxes
(Millions of yen)
Net income attributable to Ricoh Company, Ltd. (Millions of yen) Net income attributable to Ricoh Company, Ltd. shareholders per share (Yen)
Forecast announced in April 2016 (A) 1,044,000 36,000 34,000 21,000 28.97
Current forecast (B) 990,000 21,000 20,000 9,300 12.83
Increase/decrease (B-A) -54,000 -15,000 -14,000 -11,700
Increase/decrease (%) -5.2 -41.7 -41.2 -55.7
(Reference) Results for the half year ended September 30, 2015 1,095,178 56,118 53,562 34,543 47.65

 

Revision to the forecast of Ricoh's consolidated operating results for the year ending March 31, 2017

(From April 1, 2016 to March 31, 2017)

Net sales
(Millions of yen)
Operating income
(Millions of yen)
Income before income taxes
(Millions of yen)
Net income attributable to Ricoh Company, Ltd. (Millions of yen) Net income attributable to Ricoh Company, Ltd. shareholders per share (Yen)
Forecast announced in April 2016 (A) 2,170,000 77,000 72,000 44,000 60.70
Current forecast (B) 2,040,000 55,000 53,000 30,000 41.39
Increase/decrease (B-A) -130,000 -22,000 -19,000 -14,000
Increase/decrease (%) -6.0 -28.6 -26.4 -31.8
(Reference) Results for the year ended March 31, 2016 2,209,028 102,295 95,684 62,975 86.87

 

2. Background of revision

 

Regarding the half year ending September 30, 2016, and the full year ending March 31, 2017, net sales, operating income, income before income taxes, and net income attributable to Ricoh Company, Ltd. will be lower than last forecast, due to the appreciation of yen which is significantly higher than expected, and the costs for recovery of the business in India.

We will not change our forecast for the cash dividends for the year ending March 31, 2017.

 

 

(Note) The above consolidated financial forecasts are forward-looking statements which incorporate the Company's assumptions and outlook for the future and estimates based on the Company's plans as of the date of this release. These forward-looking statements are based on information available to and certain assumptions by the Company as of the date of this release, and there can be no assurance that the relevant forecasts will be achieved. Please note that significant differences between the forecasts and actual results may arise from various factors in the future.