Notice of Resolution at The 107th Ordinary
General Meeting of Shareholders
|Date :||June 27, 2007|
|Place :||Ricoh’s registered head office: 1-3-6 Nakamagome, Ohta-ku, Tokyo|
- 1.The Business Report, Consolidated Financial Statements and the results of auditing Consolidated Financial Statements by account auditors and the Board of Corporate Auditors for the fiscal year ended March 31, 2007 (from April 1, 2006 to March 31, 2007) were reported.
- 2.The Non-Consolidated Financial Statements for the fiscal year ended March 31, 2007 (from April 1, 2006 to March 31, 2007) were reported.
Resolved ItemsAgenda 1:Appropriation of retained earnings
Approved as proposed. (The fiscal year-end dividend is ¥15 per share.)
Agenda 2:Election of one (1) Corporate Auditor
Approved as proposed, with the reelection and reappointment of Mr. Kenji Matsuishi.
Mr. Kenji Matsuishi is an Outside Corporate Auditor.
Agenda 3:Election of one (1) substitute Corporate Auditor
Approved as proposed, with the reelection of Mr. Satoshi Itoh.
Mr. Satoshi Itoh is a substitute Corporate Auditor for outside Corporate Auditor.
Agenda 4:Payment of retirement allowances for Directors and Corporate Auditors following the abolishment of the retirement allowance system
Approved as proposed, with the resolution to pay incumbent eleven (11) Directors and four (4) Corporate Auditors named on page 3, final retirement allowances corresponding to their tenures and services until the end of Ordinary General Meeting of Shareholders following the abolishment of the retirement allowance system for its executives at the conclusion of Ordinary General Meeting of Shareholders.
It was decided that the amount of final retirement allowance be a total sum of ¥473,500,000 for Directors (including ¥3,700,000 for two Outside Directors) and a total sum of ¥25,400,000 for Corporate Auditors (including ¥11,200,000 for two Outside Corporate Auditors) in accordance with the standards prescribed by the Company; and the details such as specific amounts and manner of payment be left to the decision of the Board of Directors regarding the Directors, and to the conference of Corporate Auditors regarding the Corporate Auditors. The timing of payment shall be when they retire.
Agenda 5:Revision of remuneration for Directors
Approved as proposed, with the resolution that the total amount of Directors’ remuneration be within ¥46.0 million per month (including up to ¥4 million per month for Outside Directors).
At present, the number of Directors is eleven (11) (including two (2) Outside Directors).
Agenda 6:Payment of bonuses to Directors
Approved as proposed, with the resolution that the total amount of bonuses to Directors of ¥185.0 million be paid to the incumbent nine (9) Directors (excluding Outside Directors) as of the end of the fiscal year under review.
Payment of Dividends
It was resolved at the meeting to pay a fiscal year-end dividend of ¥15 per share (¥28 for the full fiscal year). Please review the enclosed postal remittance notification form to receive the dividend payment.
If you specified to receive payment by bank transfer, we will send you a dividend account statement and a remittance notice.
Appendix1. Representative directors and directors
The Company’s directors as of June 27, 2007 are as follows:
|Representative Director:||Masamitsu Sakurai|
|Representative Director:||Shiro Kondo|
Note: Mr. Takaaki Wakasugi and Mr. Takuya Goto are Outside Directors.
2. Corporate auditors
The Company’s Corporate Auditors as of June 27, 2007 are as follows:
|Corporate Auditor (Full-time):||Kohji Tomizawa|
|Corporate Auditor (Full-time):||Shigekazu Iijima|
|Corporate Auditor:||Kenji Matsuishi|
|Corporate Auditor:||Takehiko Wada|
Note: Mr. Kenji Matsuishi and Mr. Takehiko Wada are Outside Corporate Auditors.
<Reference>3. Executive Officers
The Company’s executive officers as of June 27, 2007 are as follows:
Chairman and Executive Officer
- Masamitsu Sakurai
President and Chief Executive Officer
- Shiro Kondo
Corporate Executive Vice Presidents
- Koichi Endo
- Masayuki Matsumoto
- Katsumi Yoshida
- Takashi Nakamura
- Kazunori Azuma
- Zenji Miura
- Kiyoshi Sakai
Corporate Senior Vice Presidents
- Kazuo Togashi
- Terumoto Nonaka
- Etsuo Kobayashi
- Haruo Nakamura
- Kenji Hatanaka
- Hideko Kunii
- Hiroshi Kobayashi
- Susumu Ichioka
- Yoshimasa Matsuura
- Norio Tanaka
Corporate Vice Presidents
- Kiyoto Nagasawa
- Yutaka Ebi
- Hiroo Matsuda
- Hiroshi Adachi
- Kohji Sawa
- Sadahiro Arikawa
- Kenichi Kanemaru
- Daisuke Segawa
- Hisashi Takata
- Kenichi Matsubayashi
- Sohichi Nagamatsu
Group Executive Officers
- Makoto Hashimoto
- Yuji Inoue
- Shiroh Sasaki
- Peter E. Hart
- Bernard Decugis
- Hiroshi Tsuruga
- Norihisa Goto
- Shunsuke Nakanishi
- Mitsuhiko Ikuno
- Yoshihiro Niimura
- Michel De Bosschere
- Toshiaki Katayama
- Kunihiko Satoh
- Thomas Salierno