January 13, 2015
Ricoh Co, Ltd. resolved on a ratio change of its American Depositary Receipts (ADRs). As a result, one American Depositary Share (ADS), which currently represents five underlying shares of Ricoh Co, Ltd, will represent one underlying share. New ratio will be effective January 13, 2015 (U.S. EST). The ratio change will result in a distribution of 4 additional ADSs for every one held. The ratio change is intended to make the ADR price more attractive for U.S. investors.
|Current Ratio:||1 ADS = 5 underlying shares|
|New Ratio:||1 ADS = 1 underlying share|
|Effective Date:||January 13, 2015 (U.S. EST)|
|ADR depositary bank:||The Bank of New York Mellon|
|Ticker Symbol:||RICOY (no change)|
Note: The purpose of this press release is to make a general public announcement of the ratio change of Ricoh ADRs. It has not been prepared for the purpose of soliciting investment in the ADRs.