Ricoh

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Ricoh Company, Ltd.
株式会社リコー
Type Public TYO: 7752
Industry Electronics, Imaging
Founded Tokyo, Japan (February 6, 1936)
Headquarters Chūō, Tokyo, Japan
Area served Worldwide
Key people Masamitsu Sakurai Chairman, Shiro Kondo President & CEO
Products Imaging solutions
Digital/analog copiers
multifunction printers
laser printers
facsimile machines
digital duplicators
related supplies and services
related softwares
Network system solutions
PCs, servers and related services, support and supplies
Industrial products
Thermal media
optical equipments
semiconductors
electronic componeuts and measuring equipment
Others
Digital cameras
projector, etc
Revenue Green Arrow Up.svg 2,016 billion Yen (Fiscal year ended March 31, 2010)
Employees 108,525(on consolidated basis, as of March 31, 2010)
Website www.ricoh.com
Ricoh Building, the headquarters (January 2007)

Ricoh Company, Ltd. (株式会社リコー Kabushiki-gaisha Rikō?) (TYO: 7752) or Ricoh, is a Japanese company that was established in 1936 on February 6th, as Riken Sensitized Paper (理研感光紙 Riken Kankōshi?), a company in the RIKEN zaibatsu. Its headquarters is located in Ricoh Building in Chūō, Tokyo.[1]

Ricoh produces electronic products, primarily cameras and office equipment such as printers, photocopiers, fax machines, and offers Software as a Service (SaaS) document management solutions such as DocumentMall. In the late 1990s through early 2000s, the company grew to become the largest copier manufacturer in the world. During this time, Ricoh acquired Savin, Gestetner, Lanier, Rex-Rotary, Monroe, and Nashuatec. Although the Monroe brand was discontinued, products continue to be marketed worldwide under the remaining brand names. In 2006, Ricoh acquired the European operations of Danka for $210 million. These operations continue as a stand alone business unit, under the Infotec brand.

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[edit] History

The company was founded in 1936. Before relocating to Chūō, Ricoh was first in Minato, Tokyo.[2] In 2006 Ricoh's headquarters moved to the Ricoh Building, a 25-story building in the Ginza area in Chūō; there it occupies the same space as its sales offices.[3]

Throughout the late 1980s and early 1990s, Ricoh was the primary manufacturer of Pitney-Bowes copiers. They have also manufactured copiers for Toshiba, fax machines for AT&T and Omnifax, as well as a wide variety of equipment for numerous other companies including duplicators for AB Dick.

In 2003 Ricoh bought naming rights to the CNE Coliseum (now known as Ricoh Coliseum) in Toronto.

In 2004 Ricoh acquired Hitachi Printing Solutions, Ltd creating a new company, Ricoh Printing Systems, Ltd.

In 2005 Ricoh bought the naming rights to the stadium/entertainment complex, home to Coventry City Football Club now called the Ricoh Arena.

On January 25, 2007, Ricoh announced purchase of IBM Printing Systems Division for $725 million and investment in a 3-year joint venture to form the new Ricoh subsidiary, InfoPrint Solutions Company, with a 51% share.

On August 27, 2008, Ricoh announced its intentions of acquiring IKON Office Solutions for $1.6 billion and later that year, on November 1, Ricoh completed the acquisition.[4][5]

In May 2011, Ricoh announced a cut of 10,000 jobs worldwide up to March 2014 from the current 40,000 workers in Japan and 68,900 others overseas. The company would also shift 15,000 workers to areas with more growth potential. [6]

[edit] Global Network

The Ricoh Group has sales and support, production, and research and development operations in nearly 180 countries under its regional headquarters in Japan, the Americas, Europe, China, and the Asia-Pacific.

[edit] Regional Headquarters

[edit] Ricoh Research

Ricoh has many technology and customer research groups around the world. For example, Ricoh Innovations [1] is a research subsidiary of Ricoh Company that is located in Silicon Valley, California, focusing on technology, cloud, mobile solutions, and customer research. Information about other Ricoh research labs can be found at [2].

[edit] Integration with NRG

In November 2006, Ricoh announced the integration of the head office of Ricoh Europe B.V. (REBV) in Amstelveen, Netherlands, with NRG's European headquarters in London, United Kingdom. This was completed on April 1, with the former NRG HQ in London becoming the Strategic HQ and the former REBV HQ in Amstelveen becoming the Operational HQ. This mirrors a similar process which took place in the US with Lanier and Ricoh USA.

This integration was the first step in integration within each country in Europe. A single country organisation was created in Austria on July 1, 2007, the UK integration being currently in process and integration also taking place in Belgium, France, Germany, Italy, the Netherlands and Spain.

[edit] Intent to buy Pentax from Hoya

Japanese optical glass-maker Hoya said on Friday it would sell its Pentax camera business to copier and printer maker Ricoh , in a deal the Nikkei business daily said was worth about 10 billion yen ($124.2 million). [7]

[edit] List of Ricoh products

Caplio R6
Caplio GX100
Ricoh SD/MMC Card Reader Controller found in a Sony VAIO FW series Laptop

The following is a partial list of products marketed to the public under the Ricoh brand.

[edit] See also

Ricoh Arena, Coventry, England

[edit] References

  1. ^ "Company Data." Ricoh. Retrieved on January 13, 2009.
  2. ^ "Outline of Ricoh." Ricoh. May 16, 1997. Retrieved on January 13, 2009.
  3. ^ "Topics - Annual Report 2006." Ricoh. Retrieved on January 13, 2009.
  4. ^ "Ricoh to Acquire IKON Office Solutions, Inc.". Ricoh. August 27, 2008. http://www.ricoh.com/info/080827.html. Retrieved 2008-08-29. 
  5. ^ "RICOH COMPLETES ACQUISITION OF IKON OFFICE SOLUTIONS, INC.". Ricoh. November 1, 2008. http://www.ricoh.com/info/081101.html?from=rss. Retrieved 2008-11-01. 
  6. ^ http://news.yahoo.com/s/afp/20110526/bs_afp/japancompanyricohjobs
  7. ^ "Reuters Ricoh to buy Pentax." Ricoh to buy Pentax from Hoya. July 1, Retrieved 2011 July 1, 2011.

[edit] External links

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