Financial Data > Financial Results

Ricoh Company, Ltd. and Consolidated Subsidiaries

Financial Highlights for the Year Ended March 31, 2021
[Prepared on the basis of International Financial Reporting Standards]

1.

Results for the Period from April 1, 2020 to March 31, 2021

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2020	Year ended March 31, 2021
Sales	2,008,580	1,682,069
(% change from the previous corresponding period)	(0.2)	(16.3)
Operating profit (loss)	79,040	(45,429)
(% change from the previous corresponding period)	(9.0)	–
Profit (loss) before income tax expenses	75,891	(41,028)
(% change from the previous corresponding period)	(9.6)	–
Profit (loss)	44,413	(32,664)
(% change from the previous corresponding period)	(19.8)	–
Profit (loss) attributable to owners of the parent	39,546	(32,730)
(% change from the previous corresponding period)	(20.2)	–
Comprehensive income (loss)	11,614	22,053
(% change from the previous corresponding period)	(67.9)	89.9
Earnings per share attributable to owners of the parent-basic (yen)	54.58	(45.20)
Earnings per share attributable to owners of the parent-diluted (yen)	54.58	(45.20)
Profit (loss) on equity attributable to owners of the parent (%)	4.3	(3.6)
Profit (loss) before income tax expenses on total assets (%)	2.7	(1.7)
Operating profit (loss) on sales (%)	3.9	(2.7)

Notes:

i.

Share of profit of investments accounted for using the equity method: ¥3,645 million (¥244 million in previous corresponding period)

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, 2020	March 31, 2021
Total assets	2,867,645	1,887,868
Total equity	1,008,527	923,852
Equity attributable to owners of the parent	920,371	920,246
Equity attributable to owners of the parent ratio (%)	32.1	48.7
Equity per share attributable to owners of the parent (yen)	1,270.47	1,281.29

(3) Cash Flows	(Millions of yen)
	Year ended March 31, 2020	Year ended March 31, 2021
Cash flows from operating activities	116,701	126,962
Cash flows from investing activities	(164,591)	(63,559)
Cash flows from financing activities	75,757	(4,085)
Cash and cash equivalents at end of year	263,688	330,344

2.

Dividend Information

	Year ended March 31, 2020 (Actual)	Year ended March 31, 2021 (Actual)	Year ending March 31, 2021 (Forecast)
Cash dividends, applicable to the year (yen)	26.00	15.00	26.00
Interim (yen)	13.00	7.50	13.00
Year-end (yen)	13.00	7.50	13.00
Total annual dividends (millions of yen)	18,846	10,826	–
Payout Ratio (%)	47.6	–	49.5
Dividends on equity attributable to owners of the parent (%)	2.0	1.2	–

3.

Forecast of Operating Results from April 1, 2021 to March 31, 2022

(Millions of yen)
	Year ending March 31, 2021
Sales	1,910,000
(% change from the previous corresponding period)	13.6
Operating profit (loss)	50,000
(% change from the previous corresponding period)	–
Profit (loss) before income tax expenses	54,300
(% change from the previous corresponding period)	–
Profit (loss)	35,500
(% change from the previous corresponding period)	–
Profit (loss) attributable to owners of the parent	35,430
(% change from the previous corresponding period)	–
Earnings per share attributable to owners of the parent-basic (yen)	52.52

4.

Others

(1)

Changes in significant subsidiaries: Yes

New:

- (Company name: - )

Exclusion:

1 (Company name: Ricoh Leasing Co., Ltd.)

(2)

Changes in accounting policies and accounting estimate

(i)

Changes in accounting policies required by IFRS: No

(ii)

Other changes: No

(iii)

Changes in accounting estimate: No

(3)

Number of common stock outstanding (including treasury stock):
As of March 31, 2021: 744,912,078 shares; As of March 31, 2020: 744,912,078 shares

(4)

Number of treasury stock:
As of March 31, 2021: 26,692,132 shares; As of March 31, 2020: 20,478,528 shares

(5)

Average number of common stock:
Year ended March 31, 2021: 724,175,341 shares; Year ended March 31, 2020: 724,595,697 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. (As of March 31, 2021: 415,800 shares; As of March 31, 2020: 421,500 shares)

(Reference)

Non-consolidated information

Results for the period from April 1, 2020 to March 31, 2021

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2020	Year ended March 31, 2021
Sales	891,192	761,396
(% change from the previous corresponding period)	0.2	(14.6)
Operating profit (loss)	(31,104)	(38,603)
(% change from the previous corresponding period)	–	–
Profit (loss) from ordinary operations	(10,085)	64,025
(% change from the previous corresponding period)	–	–
Profit (loss)	4,215	88,057
(% change from the previous corresponding period)	(91.7)	–
Profit (loss) per share-basic (yen)	5.81	121.59
Profit (loss) per share-diluted (yen)	5.81	121.59

(2) Financial Position	(Millions of yen)
	March 31, 2020	March 31, 2021
Total assets	923,360	967,753
Total equity	461,015	529,551
Equity ratio (%)	49.9	54.7
Equity per share (yen)	636.38	737.31

*

Equity capital March 31, 2021: ¥529,551 million March 31, 2020: ¥461,015 million