Ricoh

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Ricoh Company, Ltd.
株式会社リコー
Type Corporation TYO: 7752
Founded Tokyo, Japan (1936)
Headquarters Chūō, Tokyo, Japan
Key people Masamitsu Sakurai Chairman, Shiro Kondo President & CEO
Industry Electronics, Imaging
Products Imaging solutions, Networking input/output systems, Network system solutions, Others
Revenue 1,814 billion Yen (Fiscal year ended March 31, 2005)
Employees 75,100 (Consolidated, as of March 31, 2005)
Website Ricoh Global

Ricoh Company, Ltd. (株式会社リコー Kabushiki-gaisha Rikō?) (TYO: 7752) or Ricoh, is a Japanese company that was established on February 6, 1936 as Riken Kankoshi Co., Ltd. It is headquartered in the 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 rest of these 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. In 2008 Ricoh signed a deal with LPGA professional Paula Creamer.

Before relocating to Chūō Ricoh was headquartered 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 the headquarters 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 purchased 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 invested over £10 million to sponsor the stadium/entertainment complex where Coventry City Football Club play. Accordingly now titled the Ricoh Arena, the stadium bears various reminders of the company's generosity, ranging from 100 ft signs on the roof to centimetre-long logos on match day programmes. There are also Ricoh offices located within the building and a fully functioning showroom.

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

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

RICOH HQ Building (Jan,2007)

Contents

[edit] Integration with NRG

In November 2006, Ricoh announced the integration of the head office of Ricoh Europe B.V (REBV) in Amstelveen, The Netherlands, with NRG's European HQ in London, United Kingdom. This was completed in April 1st, 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

The integration of the European HQ is the first step in integrating each country organisation in Europe. A single country organisation was created in Austria on July 1st 2007, the UK integration is currently in process and the integration has also begun in Belgium, France, Germany, Italy, the Netherlands and Spain.

[edit] List of Ricoh products

Caplio R6
Caplio GX100

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 on 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 on 2008-11-01. 

[edit] External links

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