| 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 | US$ 21.5 Billion (2010) |
| Net income | US$ 298.2 Million (2010) |
| Employees | 108,525 |
| Website | www.ricoh.com |
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, Nashuatec, and most recently IKON. 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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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]
On July 1st, 2011, Ricoh and Hoya Corporation announced that they have entered into an agreement by which Ricoh will acquire Pentax Image Systems Business from Hoya Corporation, which has been a part of Hoya Corporation.[7]
On October 1st 2011, Ricoh announced the establishment of Pentax Ricoh Imaging Company, LTD[8].
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.
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].
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.
On July 1, 2011, Japanese optical glass-maker Hoya announced that 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).[9]
The following is a partial list of products marketed to the public under the Ricoh brand.
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