Ricoh

History and Corporate Changes - Founded in 1936 as Riken Sensitized Paper - Headquarters moved to Chūō, Tokyo in 2006 - Introduced their first diazo copier, Ricopy 101, in 1955 - Manufactured wristwatches in the 1960s and 1970s - Primary manufacturer of Pitney-Bowes copiers in the 1980s and 1990s - Acquired Lanier Worldwide in January 2001 - Purchased IBM Printing Systems Division in January 2007 - Partnered with PrinterOn in February 2008 for HotSpot printers - Acquired IKON Office Solutions for $1.6 billion in August 2008 - Acquired Pentax camera business from Hoya Corporation in July 2011 - Ricoh Europe B.V. integrated with NRG's European headquarters in November 2006 - Single country organizations created in Austria, Belgium, France, Germany, Italy, the Netherlands, and Spain in July 2007 - Changed company name to Ricoh Imaging Company Ltd. in August 2013 - Ricoh India admitted to accounting fraud in July 2016 - Acquired Avanti Computer Systems in January 2017 Operations - Sales and support, production, and R&D operations in nearly 180 countries - World headquarters in Tokyo, Japan - Regional headquarters in the Americas, Europe, China, and the Asia-Pacific - Ricoh USA, Inc. covers the United States and Canada - Ricoh Asia Pacific Pte. Ltd. located in Singapore covers the Asia-Pacific region Financials - Revenue of ¥2.063 trillion in the year ended March 31, 2018 - Net income of ¥2,008.5 billion in the year ended March 31, 2020 - 90,141 employees on a consolidated basis as of March 31, 2020 - Acquired PFU Limited from Fujitsu Limited in April 2022 - Partnership with Cisco Systems announced in 2019 Research and Innovation - Ricoh has 272 subsidiaries specializing in technology and customer research worldwide. - Ricoh Innovations, a research subsidiary, operates in Silicon Valley, California, focusing on technology, cloud, mobile solutions, and customer research. - Ricoh GX200 is a 12-megapixel camera with wide zoom and optional converter lenses. - Golden Ricoh 16 is a subminiature camera. - Ricoh has been a global brand since 1996. Sponsorships and Partnerships - Ricoh was a shirt sponsor of Stoke City from 1981 to 1985. - Ricoh Arena, a stadium in Coventry, England, opened in 2005 with the company's name due to a naming rights agreement. - Ricoh Black Rams is a Japanese rugby union team owned by Ricoh. - Ricoh acquired title sponsorship of the Women's British Open in 2007. - Ricoh unveiled the first eco-friendly billboard in Times Square, NY, powered by the sun and wind in 2008.