Financial Data > Financial Results

Ricoh Company, Ltd. and Consolidated Subsidiaries

Financial Highlights for the Year Ended March 31, 2023
[Prepared on the basis of International Financial Reporting Standards]

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2022	Year ended March 31, 2023
Sales	1,758,587	2,134,180
(% change from the previous corresponding period)	4.5	21.4
Operating profit (loss)	40,052	78,740
(% change from the previous corresponding period)	–	96.6
Profit (loss) before income tax expenses	44,388	81,308
(% change from the previous corresponding period)	–	83.2
Profit (loss)	30,625	55,641
(% change from the previous corresponding period)	–	81.7
Profit (loss) attributable to owners of the parent	30,371	54,367
(% change from the previous corresponding period)	–	79.0
Comprehensive income (loss)	90,940	101,735
(% change from the previous corresponding period)	312.4	11.9
Earnings per share attributable to owners of the parent-basic (yen)	45.35	88.13
Earnings per share attributable to owners of the parent-diluted (yen)	45.34	88.10
Profit (loss) on equity attributable to owners of the parent (%)	3.3	5.9
Profit (loss) before income tax expenses on total assets (%)	2.4	4.1
Operating profit (loss) on sales (%)	2.3	3.7

Notes:

i.: Share of profit of investments accounted for using the equity method: ¥ 6,151 million (¥ 5,604 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, 2022	March 31, 2023
Total assets	1,853,254	2,149,956
Total equity	905,825	958,082
Equity attributable to owners of the parent	902,042	931,556
Equity attributable to owners of the parent ratio (%)	48.7	43.3
Equity per share attributable to owners of the parent (yen)	1,416.08	1,529.46

(3) Cash Flows	(Millions of yen)
	Year ended March 31, 2022	Year ended March 31, 2023
Cash flows from operating activities	82,462	66,708
Cash flows from investing activities	(59,355)	(133,939)
Cash flows from financing activities	(131,685)	35,454
Cash and cash equivalents at end of year	234,020	210,884

	Year ended March 31, 2022 (Actual)	Year ended March 31, 2023 (Actual)	Year ending March 31, 2023 (Forecast)
Cash dividends, applicable to the year (yen)	26.00	34.00	36.00
Interim (yen)	13.00	17.00	18.00
Year-end (yen)	13.00	17.00	18.00
Total annual dividends (millions of yen)	16,962	20,721	–
Payout Ratio (%)	57.3	38.6	43.9
Dividends on equity attributable to owners of the parent (%)	1.9	2.3	–

(Millions of yen)
	Year ending March 31, 2023
Sales	2,250,000
(% change from the previous corresponding period)	5.4
Operating profit (loss)	70,000
(% change from the previous corresponding period)	(11.1)
Profit (loss) before income tax expenses	74,200
(% change from the previous corresponding period)	(8.7)
Profit (loss)	51,700
(% change from the previous corresponding period)	(7.1)
Profit (loss) attributable to owners of the parent	50,000
(% change from the previous corresponding period)	(8.0)
Earnings per share attributable to owners of the parent-basic (yen)	82.09

(1)

Changes in significant subsidiaries: Yes

(2)

Changes in accounting policies and accounting estimate

(3): Number of common stock outstanding (including treasury stock):
As of March 31, 2023: 609,521,978 shares; As of March 31, 2022: 637,468,178 shares

(4): Number of treasury stock:
As of March 31, 2023: 447,171 shares; As of March 31, 2022: 468,700 shares

(5): Average number of common stock:
Year ended March 31, 2023: 616,917,879 shares; Year ended March 31, 2022: 669,698,640 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, 2023: 371,400 shares; As of March 31, 2022: 398,600 shares)

Results for the period from April 1, 2022 to March 31, 2023

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2022	Year ended March 31, 2023
Sales	483,481	504,676
(% change from the previous corresponding period)	8.6	4.4
Operating profit (loss)	(23,128)	(27,472)
(% change from the previous corresponding period)	–	–
Profit (loss) from ordinary operations	30,314	14,290
(% change from the previous corresponding period)	(52.7)	(52.9)
Profit (loss)	25,368	29,417
(% change from the previous corresponding period)	(71.2)	16.0
Profit (loss) per share-basic (yen)	37.88	47.68
Profit (loss) per share-diluted (yen)	37.87	47.67

*: Equity capital March 31, 2023: ¥425,966 million March 31, 2022: ¥444,771 million