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Ricoh Announces ADR Ratio Change

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.

< Summary of the Ratio Change >
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)
< Contact Information >

BNY Mellon Depositary Receipts
101 Barclays Street, New York, NY 10286, U.S.A.
Toll Free Number for Domestic Calls: 1-888-BNY-ADRS (1-866-234-6936)
Number for International Calls: +1-201-680-6825

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.