FY2007 Financial Announcement
ended March 31,2007
|Date :||April 25, 2007
|Place :||TSE Hall
|Contents :||Mr. Zenji Miura, CFO of Ricoh Company, Ltd., explained FY2007 results using materials below.
< Attention >
This material is prepared for the convenience of the investors who could not participate the financial results meeting. Please make sure that this material does not contain all spoken sentences.
Additionally, the Company bases the estimates in this material on information currently available to management, which involves risks and uncertainties that could cause actual results to differ materially from those projected.
Summary of FY2007 Results Presentation
|The consolidated sales of the Ricoh group increased year-on-year for the fiscal year ending March 31, 2007, especially due to steady growth of color products in the "Office Solutions," such as MFPs and printers both in Japan and overseas. Sales of products in the "Industrial Products" and "Others" also increased. As a result, the consolidated sales exceeded 2 trillion yen for the first time. We also achieved a new record of net income thanks to the increase of value-added products, consecutive cost reduction and the weak yen effect. We plan for a second half dividend of 15 yen per share, which translates into 28 yen per share over the full year.
We forecast 2.25 trillion yen in sales and 117 billion yen - a new record - in net income for the fiscal year ending March 31, 2008, and we also plan to raise dividends 5 yen to 33 yen per share for this term.
|Q2.||What is your schedule for releasing new products in fiscal 2008?|
|A2.||New products will be released one by one, but we can't disclose the details here.|
|Q3.||How much does Danka Europe (Infotec Europe at present) contribute to the sales forecast for the fiscal 2008?|
|A3.||We forecast about 40 billion yen.|
|Q5.||Hasn't the situation in which Ricoh maintains advantage in color MFPs changed?|
|A5.||We recognize that our color MFPs remain highly competitive.|
|Q6.||What is the price trend for copiers?|
|A6.||We do not recognize that it worsened rapidly in fiscal March 2007.|
|Q7.||How much do you estimate the impact of Xerox's acquisition of Global Imaging will be?|
|A7.||We do not disclose the extent of the influence. It is included in the performance forecast for fiscal 2008.|
|Q8.||What is your forecast for the sales of JV based on IBM printing business (InfoPrint Solutions Company) for this fiscal year?|
|A8.||We estimate 50-60 billion yen in sales.|
|Q10.||When will the production printing market expand to 2 or 3 trillion yen from the present 1 trillion yen?|
|A10.||We forecast that this will be around 2010.|