Financial Data > Financial Results

Ricoh Company, Ltd. and Consolidated Subsidiaries

Financial Highlights for the Year Ended March 31, 2020
[Prepared on the basis of International Financial Reporting Standards]

1.

Results for the Period from April 1, 2019 to March 31, 2020

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2019	Year ended March 31, 2020
Sales	2,013,228	2,008,580
(% change from the previous corresponding period)	(2.4)	(0.2)
Operating profit (loss)	86,839	79,040
(% change from the previous corresponding period)	–	(9.0)
Profit (loss) before income tax expenses	83,964	75,891
(% change from the previous corresponding period)	–	(9.6)
Profit (loss)	55,377	44,413
(% change from the previous corresponding period)	–	(19.8)
Profit (loss) attributable to owners of the parent	49,526	39,546
(% change from the previous corresponding period)	–	(20.2)
Comprehensive income (loss)	36,136	11,614
(% change from the previous corresponding period)	–	(67.9)
Earnings per share attributable to owners of the parent-basic (yen)	68.32	54.58
Earnings per share attributable to owners of the parent-diluted (yen)	–	54.58
Profit (loss) on equity attributable to owners of the parent (%)	5.4	4.3
Profit (loss) before income tax expenses on total assets (%)	3.1	2.7
Operating profit (loss) on sales (%)	4.3	3.9

Notes:

i.

Share of profit of investments accounted for using the equity method: ¥244 million (¥492 million in previous fiscal year)

ii.

Earnings per share attributable to owners of the parent (basic and diluted) are based on Profit (loss) attributable to owners of the parent.

(2) Financial Position	(Millions of yen)
	March 31, 2019	March 31, 2020
Total assets	2,725,132	2,867,645
Total equity	1,018,988	1,008,527
Equity attributable to owners of the parent	932,577	920,371
Equity attributable to owners of the parent ratio (%)	34.2	32.1
Equity per share attributable to owners of the parent (yen)	1,286.56	1,270.47

(3) Cash Flows	(Millions of yen)
	Year ended March 31, 2019	Year ended March 31, 2020
Cash flows from operating activities	81,947	116,701
Cash flows from investing activities	(45,931)	(164,591)
Cash flows from financing activities	42,424	75,757
Cash and cash equivalents at end of year	240,099	262,834

2.

Dividend Information

	Year ended March 31, 2019 (Actual)	Year ended March 31, 2020 (Actual)	Year ending March 31, 2020 (Forecast)
Cash dividends, applicable to the year (yen)	23.00	26.00	–
Interim (yen)	10.00	13.00	–
Year-end (yen)	13.00	13.00	–
Total annual dividends (millions of yen)	16,671	18,846	–
Payout Ratio (%)	33.7	47.6	–
Dividends on equity attributable to owners of the parent (%)	1.8	2.0	–

Notes:

The forecast of cash dividends for the year ending March 31, 2021 has yet to be determined at this point. For the details on dividend information, please refer to “Dividend Policy” on page 8.

3.

Forecast of Operating Results from April 1, 2019 to March 31, 2020

The forecast for the fiscal year ending March 31, 2021 has yet to be determined at this point, because of the effect of the worldwide spread of the novel coronavirus (COVID-19). We will carefully assess the impact and announce it promptly when we can disclose reasonable forecast.

4.

Others

(1)

Changes in significant subsidiaries: No

(2)

Changes in accounting policies and accounting estimate

(i)

Changes in accounting policies required by IFRS: Yes

(ii)

Other changes: No

(iii)

Changes in accounting estimate: No

*

For details, please refer to “3. Consolidated Financial Statements (6) Changes in accounting policies” on page 20.

(3)

Number of common stock outstanding (including treasury stock):
As of March 31, 2020: 744,912,078 shares; As of March 31, 2019: 744,912,078 shares

(4)

Number of treasury stock:
As of March 31, 2020: 20,478,528 shares; As of March 31, 2019: 20,049,430 shares

(5)

Average number of common stock:
Year ended March 31, 2020: 724,595,697 shares; Year ended March 31, 2019: 724,867,249 shares

Notes:

The Company has established the Board Incentive Plan trust in which beneficiaries include Directors and Executive Officers. The shares owned by the trust account relating to this trust are accounted for as treasury shares. (421,500 shares as of March 31, 2020)

(Reference)

Non-consolidated information

Results for the period from April 1, 2019 to March 31, 2020

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2019	Year ended March 31, 2020
Sales	889,341	891,192
(% change from the previous corresponding period)	3.1	0.2
Operating profit (loss)	(21,070)	(31,104)
(% change from the previous corresponding period)	–	–
Profit (loss) from ordinary operations	1,399	(10,085)
(% change from the previous corresponding period)	(91.7)	–
Profit (loss)	50,958	4,215
(% change from the previous corresponding period)	–	(91.7)
Profit (loss) per share-basic (yen)	70.30	5.81
Profit (loss) per share-diluted (yen)	–	5.81

(2) Financial Position	(Millions of yen)
	March 31, 2019	March 31, 2020
Total assets	963,455	923,360
Total equity	478,233	461,015
Equity ratio (%)	49.6	49.9
Equity per share (yen)	659.76	636.38

*

Equity capital March 31, 2020: ¥461,015 million March 31, 2019: ¥478,233 million