Financial Data > Financial Results

Printer Formatted Page

Ricoh Company, Ltd. and Consolidated Subsidiaries

INTERIM REPORT (Consolidated. Half year ended September 30, 2003)

Date of approval for the financial results for the half year ended September 30, 2003, at the Board of Directors' meeting:October 29, 2003

1. Results for the period from April 1, 2003 to September 30, 2003
(1) Operating Results (Millions of yen)
  Half year ended
September 30, 2003
Half year ended
September 30, 2002
Year ended
March 31, 2003
Net sales 888,090 856,821 1,738,358
    (% change from the previous corresponding periods) 3.6 4.5 3.9
Operating income 77,255 61,328 133,654
   (% change from the previous corresponding periods) 26.0  2.4 3.1
Income before income taxes 71,416 55,673 123,470
   (% change from the previous corresponding periods) 28.3 6.0 8.4
Net income 42,265 33,525 72,513
  (% change from the previous corresponding periods) 26.1 18.0 17.7
Net income per share-basic (yen) 56.79 46.11 99.79
Net income per share-diluted (yen) - 44.68 96.81
Notes:
i. Equity in income of affiliates: ¥972 million; ¥1,608 million (half year ended September 30, 2002); ¥2,403 million (year ended March 31, 2003)
ii. Average number of shares outstanding (consolidated): 744,261,032 shares; 727,020,387 shares (half year ended September 30, 2002) 726,659,698 shares (year ended March 31, 2003)
iii. No change in accounting method has been made


(2) Financial Position (Millions of yen)
  September 30, 2003 September 30, 2002 March 31, 2003
Total assets 1,912,162 1,826,385 1,884,922
Shareholders' equity 703,075 663,665 657,514
Equity ratio (%) 36.8 36.3 34.9
Equity per share (yen) 946.38 912.98 885.41
Notes:Number of shares outstanding as of September 30, 2003: 742,906,263 shares; 726,919,110 shares (September 30, 2002);742,608,635 shares (March 31, 2003)

(3) Cash Flow (Millions of yen)
  Half year ended
September 30, 2003
Half year ended
September 30, 2002
Year ended
March 31, 2003
Cash flows from operating activities 61,656 99,119 185,742
Cash flows from investing activities -19,997 -33,395 -98,199
Cash flows from financing activities -6,643 -16,562 -67,143
Cash and cash equivalents at end of period 225,013 217,418 189,243

(4) Items relating to the scale of consolidation and the application of the equity method:
Number of consolidated subsidiaries: 333; non-consolidated subsidiaries: 37; affiliated companies: 24

(5) Changes in accounting method, etc.:
Consolidated subsidiaries: No addition; 1 removal
Companies accounted for by the equity method: No change

Notes:
Consolidated financial statements of the Company and its consolidated subsidiaries have been prepared in conformity with accounting principles generally accepted in the United States of America.

2. Forecast of operating results from April 1, 2003 to March 31, 2004 (Millions of yen)
Net sales 1,800,000  
Operating income 152,000  
Income before income taxes 144,000  
Net income 85,000  
Notes:Net income per share (Consolidated) 114.42 yen

In accordance with Japanese regulations, Ricoh has issued forecast for its financial results for the fiscal year ending March 2004. These forecast are forward-looking statements based on a number of assumptions and beliefs in light of the information currently available to management and subject to significant risks and uncertainties.


Back to FY2004 index page

Page Top