|Date :||April 24, 2008
|Place :||Otemachi Sankei Plaza
Mr. Zenji Miura, CFO of Ricoh Company, Ltd., explained FY2008 results using materials below.
< Attention >
This material is prepared for the convenience of those investors who could not participate in the financial results meeting. Please understand that this material does not contain any direct quotations from anyone at the meeting.
<br />Additionally, the Company bases the estimates in this material on information currently available to management, which involves risks and uncertainties that could cause actual results to differ materially from those projected.
|Q1.||Why have the results of the US gone down?|
|A1.||The main reason is that economic slowdown has caused a recent downturn in Ricoh's results in the US.
The other reasons are that we were between new product cycles and integrating organizations. We also lost a dealership to another company, and so on.
|Q2.||Will profits in the US recover in fiscal 2009?|
|A2.||We expect they will recover gradually from the second half.|
|Q3.||The sales of Office Solution during the 4th quarter was not achieved in each area. Does the reason differ by each area?|
|A3.||The reason in the US is the economic slowdown.
We are not worried about Europe because sales figures appear in different months.
We forecasted aggressively for Japan based on the excellent results of previous corresponding period.
|Q4.||How do you forecast the impact of InfoPrint Solutions Company in fiscal 2009?|
|A4.||As for sales and expense, InfoPrint Solutions contributes seven months for fiscal 2008 and twelve months for fiscal 2009.
We don't include profit for neither fiscal 2009 nor for fiscal 2008.
Amortization of intangible assets are also included in expense for both these years.
|Q5.||Is it getting increasingly difficult to win over large deals with global companies in the economic slowdown? Do you intend to change strategy towards global companies ?|
|A5.||We do not intend to change strategy. We want to expand sales to global companies.|
|Q6.||The non-hardware sales increased in fiscal 2008. Will they increase further in fiscal 2009?|
|A6.||We are drawing up the strategy and we expect that it will be achieved.|