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.
The Ricoh Company, Ltd. (/ˈriːkoʊ/) (株式会社リコー, Kabushiki-gaisha Rikō) is a Japanese multinational imaging and electronics company. It was founded by the now-defunct commercial division of the Institute of Physical and Chemical Research (Riken) known as the Riken Concern, on 6 February 1936 as Riken Sensitized Paper (理研感光紙, Riken Kankōshi). Ricoh's headquarters are located in Ota, Tokyo.
Native name | 株式会社リコー |
---|---|
Romanized name | Kabushiki gaisha Rikō |
Type | Public KK |
TYO: 7752 | |
Industry | Electronics, Imaging |
Founded | February 6, 1936 |
Founder | Kiyoshi Ichimura |
Headquarters | Ota, Tokyo, Japan |
Area served | Worldwide |
Key people | Akira Oyama (President & CEO) |
Products | Copiers (such as plain paper copiers (PPCs)), printers (multi-functional printers (MFPs), laser printers), production printing products and facsimile machines. |
Revenue | ¥2.063 trillion (Year ended March 31, 2018) |
¥2,008.5 billion (Year ended March 31, 2020) | |
Number of employees | 90,141 (on consolidated basis, as of March 31, 2020) |
Website | www |
Ricoh produces electronic products, primarily cameras and office equipment such as printers, photocopiers, fax machines, offers Software as a Service (SaaS) document management applications such as DocumentMall, RicohDocs, GlobalScan, Print&Share, MakeLeaps and also offers Projectors. 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, IKON and most recently IBM Printing Systems Division / Infoprint Solutions Company. 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.