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Ricoh Company, Ltd. and Consolidated Subsidiaries

FLASH REPORT (Consolidated Results for the Year Ended March 31, 2011)

 

1. Results for the period from April 1, 2010 to March 31, 2011
(1) Operating Results (Millions of yen)
Year ended
March 31, 2010
Year ended
March 31, 2011
Net sales 2,016,337 1,942,013
  (% change from the previous corresponding period) -3.6 -3.7
Operating income 65,997 60,196
  (% change from the previous corresponding period) -11.5 -8.8
Income before income taxes 57,524 45,400
  (% change from the previous corresponding period) 85.9 -21.1
Net income attributable to Ricoh Company, Ltd. 27,873 19,650
  (% change from the previous corresponding period) 326.8 -29.5
Net income attributable to Ricoh Company, Ltd. shareholders per share-basic (yen) 38.41 27.08
Net income attributable to Ricoh Company, Ltd. shareholders per share-diluted (yen) 37.36 26.53
Return on equity attributable to Ricoh Company, Ltd. (%) 2.9 2.1
Income before income taxes on total assets (%) 2.3 2.0
Operating income on net sales (%) 3.3 3.1
Notes:
i. Comprehensive loss: ¥ 15,660 million ( -%) (¥ 23,003 million ( -%) in income in previous fiscal year)
ii. Equity in loss of affiliates: ¥ 22 million (¥ 6 million in earnings in previous fiscal year)

(2) Financial Position (Millions of yen)
March 31, 2010 March 31, 2011
Total assets 2,383,943 2,262,396
Total equity 1,023,874 982,764
Ricoh Company, Ltd. shareholders' equity 973,341 929,877
Ricoh Company, Ltd. shareholders' equity ratio (%) 40.8 41.1  
Ricoh Company, Ltd. shareholders' equity per share (yen) 1,341.45 1,281.70


(3) Cash Flows


(Millions of yen)
Year ended
March 31, 2010
Year ended
March 31, 2011
Cash flows from operating activities 190,703 130,050
Cash flows from investing activities -89,570 -92,008
Cash flows from financing activities -113,378 -92,108
Cash and cash equivalents at end of period 242,165 179,169


2. Dividend information


(Millions of yen)
Year ended
March 31, 2010
Year ended
March 31, 2011
Year ending
March 31, 2012
Cash dividends, applicable to the year (yen) 33.00 33.00 33.00
  Half year (yen) 16.50 16.50 16.50
  Year-end (yen) 16.50 16.50 16.50
Total annual dividends (millions of yen) 23,945 23,943 -
Payout Ratio (%) 85.9 121.9 82.6
Dividends on shareholders' equity (%) 2.3 2.5 -


3. Forecast of operating results from April 1, 2011 to March 31, 2012


(Millions of yen)
Year ending
March 31, 2012
Net sales 2,090,000
Operating income 70,000
Income before income taxes 63,000  
Net income attributable to Ricoh Company, Ltd. 29,000  
Net income attributable to Ricoh Company, Ltd. shareholders per share (yen) 39.97

4.Others
(1) Changes in significant subsidiaries: No
(2) Change in accounting method has been made.
(3) Number of common stock outstanding (including treasury stock):
As of March 31, 2011744,912,078 sharesAs of March 31, 2010744,912,078 shares
(4) Number of treasury stock:
As of March 31, 201119,409,410 sharesAs of March 31, 201019,320,723 shares
(5) Average number of common stock:
As of March 31, 2011725,554,477 sharesAs of March 31, 2010725,613,259 shares

(Reference) Non-consolidated information

1. Results for the period from April 1, 2010 to March 31, 2011
(1) Operating Results (Millions of yen)
Year ended
March 31, 2010
Year ended
March 31, 2011
Net sales 849,037 842,297
  (% change from the previous corresponding period) -10.5 -0.8
Operating income 14,702 -6,397
  (% change from the previous corresponding period) -41.6 -
Ordinary income 26,909 7,126
  (% change from the previous corresponding period) -32.3 -73.5
Net income 23,305 9,714
  (% change from the previous corresponding period) 0.9 -58.3
Net income per share-basic (yen) 32.12 13.39
Net income per share-diluted (yen) 31.22 13.07
 
(2) Financial Position (Millions of yen)
March 31, 2010 March 31, 2011
Total assets 1,272,977 1,252,421
Net assets 767,065 752,137
Equity ratio (%) 60.3 60.1
Net assets per share (yen) 1,057.15 1,036.71
* Equity capitalMarch 31,2011 ¥752,137millionMarch 31,2010 ¥767,065million


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