Notice Concerning Revision of Consolidated Financial Forecast
Ricoh Company, Ltd. (“Ricoh”) revised its consolidated financial forecast for the year ending March 31, 2010 based on its recent business performance.
1. Revision of the consolidated financial forecast for the year ending March 31, 2010
| |
Net sales |
Operating
income |
Income
before
income taxes |
Net income
attributable to
Ricoh Company, Ltd. |
Previous forecast (A)
(Announced on
October 27, 2009) |
2,065,000 |
40,000 |
30,000 |
10,000 |
| New forecast (B) |
2,000,000 |
45,000 |
35,000 |
15,000 |
| Change (B – A) |
-65,000 |
5,000 |
5,000 |
5,000 |
| Percentage change |
-3.1% |
12.5% |
16.7% |
50.0% |
(Reference)
Actual for the year ended March 31, 2009 |
2,091,696 |
74,536 |
30,939 |
6,530 |
|
2. Basis for the revision
| Ricoh assumes the consolidated net sales of both domestic and overseas market are lower than our previous forecast. However, Ricoh expects the operating income, income before income taxes and net income attributable to Ricoh Company, Ltd. surpass our previous forecast the fact that Ricoh's group-wide cost reduction efforts offset the decrease in the gross profit stemming from the decrease in the net sales. |
| * Ricoh bases the forecast estimates above upon information currently available to management, which involves risks and uncertainties that could cause actual results to differ materially from those projected. |
January 29, 2010
Ricoh Company, Ltd.
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