With the announcement of RICOH Ignite in the year ended March 31, 2019, we steered toward fiscal growth and steadily regained profitability. The year ending March 31, 2020 will be the final year of RICOH Ignite, an important time for us to prepare for RICOH Lift Off, our next growth stage.
April 2018–March 2020
April 2020–March 2023
RICOH Lift Off
Ricoh is progressing with efforts to deploy growth strategies, enhance returns on capital, and reform corporate governance to materialize RICOH Lift Off from the year ending March 31, 2021.
Implement RICOH Ignite growth strategies, reaching targets for the year ending March 31, 2023 and generating sustainable growth thereafter
Enhance returns on capital and materialize growth strategies by deploying appropriate capital policies and investments
Driving growth strategies by properly evaluated and incentivized corporate governance system
●Toward the year ending March 31, 2023
Growth Strategy #0
Growth Strategy #1
Growth Strategy #2
●Returns on capital-centric business operations and capital policies
In preparation for the 20th Mid-Term Management Plan, we are managing investments by instituting business unit ROIC requirements and departmental KPI management to drive profitability. We will maximize ROIC and corporate value while keeping close tabs on our capital costs and financial health.
●Basic Stance on Governance
We pursue world-class governance reforms as befitting a global player. It is accordingly important to eschew the superficial and engage in practical and effective corporate governance. Our approach has drawn on the three concepts on the left.
●RICOH Ignite Initiatives