Global

Governance

Directors (As of April 1, 2023)

Directors (Internal)

Responsibilities as a Director of the Company

Nomination Committee Member/Compensation Committee Member

Responsibilities as an Executive Officer of the Company

Chairperson

Yoshinori Yamashita

(August 22, 1957)

Meeting attendance during FY2022

Board of Directors meetings:: 15/15 (100%)

Nomination Committee meetings:: 13/13 (100%)

Compensation Committee meetings:: 10/10 (100%)

Brief personal profile

Mar 1980: Joined the Company

Apr 2008: President of Ricoh Electronics, Inc.

Apr 2010: Group Executive Officer, Corporate Vice President

Apr 2011: Corporate Senior Vice President
General Manager of Corporate Planning Division

Jun 2012: Director
Corporate Executive Vice President

Apr 2013: In charge of Internal Management and Control

Apr 2014: General Manager of Business Solutions Group

Apr 2015: In charge of core business

Jun 2016: Deputy President

Apr 2017: Representative Director (Current)
President
CEO

Apr 2020: Chief Human Resource Officer

Apr 2023: Chairperson (Current)

Responsibilities as an Executive Officer of the Company

CEO
CTO

Akira Oyama

(January 6, 1961)

Meeting attendance during FY2022

Board of Directors meetings:: 15/15 (100%)

Brief personal profile

Jul 1986: Joined the Company

Apr 2011: President of Ricoh Europe Plc

Aug 2012: Group Executive Officer
General Manager of Europe Marketing Group
Chairperson of Ricoh Europe B.V.

Apr 2014: Corporate Senior Vice President
General Manager of Corporate Division

Apr 2015: President of Ricoh Americas Holdings, Inc.

Jun 2015: Director

Jun 2016: Corporate Executive Vice President

Apr 2017: CFO
General Manager of CEO Office

Apr 2018: General Manager of Sales and Marketing Group

Apr 2019: CMO (Chief Marketing Officer)

Apr 2020: General Manager of Workplace Solutions Business Group

Apr 2021: Executive Corporate Officer
President of Ricoh Digital Services Business Unit

Jun 2021: Director

Apr 2022: Director and Chairperson of Ricoh Japan Corporation

Apr 2023: Representative Director (Current)
President (Current)
CEO (Current)
CTO (Current)

Seiji Sakata

(September 12, 1958)

Meeting attendance during FY2022

Board of Directors meetings:: 15/15 (100%)

Brief personal profile

Apr 1981: Joined the Company

Apr 2006: General Manager of 1st Design Center, MFP Business Group

Apr 2008: Deputy General Manager of MFP Business Group

Apr 2009: General Manager of Controller Development Division and Deputy General Manager of MFP Business Group

Apr 2010: Corporate Vice President

Apr 2011: General Manager of Human Resources Division

Apr 2012: Corporate Senior Vice President

Apr 2014: General Manager of Japan Management Division

Feb 2015: General Manager of Japan Management Division and General Manager of Imaging Systems Development Division

Apr 2017: General Manager of Office Printing Development Division, Deputy General Manager of Office Printing Business Group

Apr 2018: Corporate Executive Vice President
General Manager of Office Printing Business Group

Jun 2018: Director (Current)

Apr 2019: CTO

Apr 2021: Executive Corporate Officer
General Manager of Advanced Technology R&D Division

Directors (Outside)

Responsibilities as a Director of the Company

Lead Independent Director/Chairperson of the Nomination Committee/Compensation Committee Member

Significant concurrent positions

Counsellor of MITSUI & CO., LTD./Outside Director of SoftBank Group Corp./Counsellor of Bank of Japan/Director of Isetan Mitsukoshi Holdings Ltd./Outside Director, Chairperson of the Board meeting of Takeda Pharmaceutical Co., Ltd.

Masami Iijima

(September 23, 1950)

Major activities

He has accumulated outstanding achievements and extensive experience as an executive of Mitsui & Co., Ltd., which operates on a global scale. He can therefore advise in such areas as global governance and risk management.

Meeting attendance during FY2022

Board of Directors meetings:: 14/15 (93%)

Nomination Committee meetings:: 13/13 (100%)

Compensation Committee meetings:: 10/10 (100%)

Brief personal profile

Apr 1974: Joined MITSUI & CO., LTD.

Jun 2000: General Manager of Ferrous Raw Materials Division, Iron & Steel Raw Materials Business Unit of MITSUI & CO., LTD.

Apr 2004: General Manager of Metals Administrative Division of MITSUI & CO., LTD.

Apr 2005: General Manager of Metals & Energy Administrative Division of MITSUI & CO., LTD.

Apr 2006: Managing Officer, Chief Operating Officer of Iron & Steel Raw Materials and Non-Ferrous Metals Business Unit of MITSUI & CO., LTD.

Apr 2007: Managing Officer, Chief Operating Officer of Mineral & Metal Resources Business Unit of MITSUI & CO., LTD.

Apr 2008: Executive Managing Officer of MITSUI & CO., LTD.

Jun 2008: Representative Director, Executive Managing Officer of MITSUI & CO., LTD.

Oct 2008: Representative Director, Senior Executive Managing Officer of MITSUI & CO., LTD.

Apr 2009: Representative Director, President and Chief Executive Officer of MITSUI & CO., LTD.

Apr 2015: Representative Director, Chairperson of the Board of Directors of MITSUI & CO., LTD.

Jun 2016: Outside Director (Current)

Jun 2018: Outside Director of SoftBank Group Corp. (Current)

Jun 2019: Counsellor of Bank of Japan (Current)

Jun 2019: Director of Isetan Mitsukoshi Holdings Ltd. (Current)

Apr 2021: Director of MITSUI & CO., LTD.

Jun 2021: Counsellor of MITSUI & CO., LTD. (Current)
Outside Director, Audit and Supervisory Committee member of Takeda Pharmaceutical Co., Ltd.

Jun 2022: Lead Independent Director (Current)
Outside Director, Chair of the Boad meeting of Takeda Pharmaceutical Co., Ltd. (Current)

Responsibilities as a Director of the Company

Chairperson of the Board/Nomination Committee Member/Compensation Committee Member

Significant concurrent positions

Professor at the Department of Electrical and Electronic Engineering, School of Engineering, National University Corporation Tokyo Institute of Technology/Senior Aide to the President of National University Corporation Tokyo Institute of Technology/Member of Science Council of Japan /Executive Member of Council for Science, Technology and Innovation

Mutsuko Hatano

(October 1, 1960)

Major activities

She has amassed a wealth of attainments and experience as a professor at the Department of Electrical and Electronic Engineering, Graduate School of Science and Engineering of Tokyo Institute of Technology, and as a committee member of many administrative bodies. She can thus offer multifaceted and extensive advice in such areas as technology, education, and policy.

Meeting attendance during FY2022

Board of Directors meetings:: 15/15 (100%)

Nomination Committee meetings:: 13/13 (100%)

Compensation Committee meetings:: 10/10 (100%)

Brief personal profile

Apr 1983: Joined Hitachi, Ltd.

Sep 1997: Visiting Researcher at the University of California, Berkeley

Apr 2005: Chief Researcher of Central Research Laboratory, Hitachi, Ltd.

Jul 2010: Professor at the Department of Electrical and Electronic Engineering, School of Engineering, Tokyo Institute of Technology (Current)

Oct 2014: Council Member of Science Council of Japan

Jun 2016: Outside Director (Current)

Oct 2020: Member of Science Council of Japan (Current)

Mar 2022: Senior Aide to the President of National University Corporation Tokyo Institute of Technology (Current)
Executive Member of Council for Science, Technology and Innovation (Current)

Jun 2022: Chairperson of the Board (Current)

Responsibilities as a Director of the Company

Chairperson of Compensation Committee/Nomination Committee Member

Significant concurrent positions

President and CEO of Japan Investment Corporation/Outside Director of The Dai-ichi Life Insurance Company, Limited/ Chairperson of Sonar Advisers Inc./Outside Director of Takashimaya Company, Limited

Keisuke Yokoo

(November 26, 1951)

Major activities

With his extensive experience and broad knowledge and insight as a management executive, as well as his views and long-term perspective cultivated over many years in financial and capital markets, he has provided a wide range of useful advice and recommendations.

Meeting attendance during FY2022

Board of Directors meetings:: 15/15 (100%)

Nomination Committee meetings:: 13/13 (100%)

Compensation Committee meetings:: 10/10 (100%)

Brief personal profile

Apr 1974: Joined The Industrial Bank of Japan, Ltd. (Current Mizuho Bank, Ltd.)

May 2000: General Manager of Nagoya Branch of The Industrial Bank of Japan, Ltd.

Jun 2001: Managing Director, Head of Planning Group of Mizuho Securities Co., Ltd.

Apr 2007: President of Mizuho Securities Co., Ltd. (Shinko Securities Co., Ltd. and Mizuho Securities Co., Ltd. merged in May 2009 to form Mizuho Securities Co., Ltd.)

Jun 2011: Chairperson of Mizuho Securities Co., Ltd.

Jun 2012: Advisor of Mizuho Securities Co., Ltd.

Apr 2015: Vice Chairperson & President of Japan Association of Corporate Executives (KEIZAI DOYUKAI)

Oct 2016: Outside Director of The Dai-ichi Life Insurance Company, Limited (Current)

Jun 2017: Outside Director of Nippon Suisan Kaisha, Ltd.

May 2019: Chairperson of Sonar Advisers Inc. (Current)

Dec 2019: President, Member of the Board & Chief Executive Officer of Japan Investment Corporation (Current)

May 2020: Outside Director of Takashimaya Company, Limited (Current)

Jun 2020: Outside Director (Current)

Responsibilities as a Director of the Company

Compensation Committee Member

Significant concurrent positions

Executive Director and Editor in Chief of Nippon.com/ Advisor of Jiji Research Institute, Ltd.

Sadafumi Tani

(September 15, 1954)

Major activities

He has provided proactive comments and advice from the perspective of investors and shareholders, based on his extensive experience over many years as an economic reporter together with his broad-ranging knowledge and insights regarding global economy and social issues, as well as excellent communication skills.

Meeting attendance during FY2022

Board of Directors meetings:: 15/15 (100%)

Compensation Committee meetings:: 10/10 (100%)

Brief personal profile

Apr 1977: Joined Jiji Press, Ltd.

Apr 1988: Staff Correspondent of Washington D.C. Bureau of Jiji Press, Ltd.

Dec 2001: Editor in Chief of Economic News of Jiji Press, Ltd.

Jun 2004: Director of Kobe Bureau of Jiji Press, Ltd.

Jun 2006: Managing Editor of Jiji Press, Ltd.

Jun 2009: Director of General Administration Division of Jiji Press, Ltd.

Jan 2010: General Manager of President’s Office of Jiji Press, Ltd.

Jun 2010: Director of Jiji Press, Ltd.

Jul 2010: Director and Managing Editor of Jiji Press, Ltd.

Jun 2013: Executive Director of Jiji Press, Ltd.

Mar 2016: Director / Editor in Chief of Nippon.Com

May 2016: Audit & Supervisory Board Member of Quants Research Inc.

Jun 2016: Executive Director/ Editor in Chief of Nippon.com (Current)

Jun 2021: Outside Director (Current)

May 2022: Advisor of Jiji research Institute, Ltd. (Current)

Responsibilities as a Director of the Company

Nomination Committee Member

Significant concurrent positions

President, CEO of National Institute of Advance Industrial Science and Technology/Outside Director of Nomura Holdings, Inc.,/Vice Chairperson of Japan Association of Corporate Executives (KEIZAI DOYUKAI)

Kazuhiko Ishimura

(September 18, 1954)

Meeting attendance during FY2022

Board of Directors meetings:: 12/12 (100%)

Compensation Committee meetings:: 10/11 (91%)

[Attendance after appointment at general meeting of shareholders]

Brief personal profile

Apr 1979: Joined Asahi Glass Co., Ltd. (Current AGC Inc.)

Jan 2006: Executive Officer and GM of Kansai Plant of Asahi Glass Co., Ltd.

Jan 2007: Senior Executive Officer and GM of Electronics & Energy General Division of Asahi Glass Co., Ltd.

Mar 2008: Representative Director, President and COO of Asahi Glass Co., Ltd.

Jan 2010: Representative Director, President and CEO of Asahi Glass Co., Ltd.

Jan 2015: Representative Director and Chairperson of Asahi Glass Co., Ltd.

Jun 2015: Outside Director of TDK Corporation

Jun 2017: Outside Director of IHI Corporation

Jan 2018: Director and Chairperson of Asahi Glass Co., Ltd.

Apr 2018: Vice Chairperson of Japan Association of Corporate Executives (KEIZAI DOYUKAI) (Current)

Jun 2018: Outside Director of Nomura Holdings, Inc. (Current)

Mar 2020: Director of AGC Inc.

Apr 2020: President of the National Institute of Advanced Industrial Science and Technology

Apr 2021: President and CEO of the National Institute of Advanced Industrial Science and Technology (Current)

Jun 2022: Outside Director (Current)

Skill matrix

The compositions of the Board of Directors and Audit and Supervisory Board, as well as expertise of each Director and Audit and Supervisory Board Member are as follows.

The tables below represent skills possessed by each Director and Audit and Supervisory Board Member that are deemed exemplary, and does not represent all of their knowledge and experience.

Positioning of key skills and noteworthy fields of expertise

We have listed the key skills that at least one director or Audit and Supervisory Board member should possess in view of the operating climate and business strategies. These individuals should also be exceptionally proficient in their notable fields of expertise, shown in the tables below, to address increasingly complex business challenges.

Reasons for selecting key skills

We have positioned expertise in corporate management and business operations as a key skill to ensure appropriate decision-making and oversight regarding global operational issues. We similarly made governance and risk management expertise a key skill to ensure accountability and transparency with diverse stakeholders and address increasingly complex business risks. To sustainably enhance corporate and shareholder value in view of Ricoh’s listing on the Tokyo Stock Exchange’s Prime Market, we included finance and accounting in key skills to support our capital policy and engagement with capital markets. We chose technology and R&D as a key skill underpinning Ricoh’s transformation into a digital services company that leverages unique edge devices^*.

*: Edge devices are MFPs, cameras, and other networked systems with data processing capabilities that can input and output text, photo, audio, video, and other information.