News Release

 

Ricoh Announces Realignment of Production Print Business,
Emphasizing Importance of High-End Print Market

West Caldwell, N.J. — April 4, 2011 — Ricoh Company, Ltd. announced today the realignment of its production print resources with the formation of Ricoh Production Print Solutions (RPPS), incorporating InfoPrint Solutions and the Ricoh Production Printing Business Group’s marketing and planning resources from Japan. The organization will provide a more effective and efficient approach to this highly competitive marketplace.

These changes are being implemented with the objective of streamlining processes, operations and organizations within the Ricoh Family Group of Companies, including InfoPrint Solutions which will operate as RPPS. The new business model will deliver greater customer value by bringing together Ricoh resources to develop, market and support industry leading end-to-end solutions for production customers.

RPPS will be headquartered in the United States – the world’s largest production print marketplace – and co-located in West Caldwell, New Jersey, with Ricoh Americas Corporation.

”The decision to locate the headquarters of RPPS in the United States is an indication of how important this market is for future success,” said Shiro Kondo, President & CEO, Ricoh Company, Ltd. “This is a clear indication of our desire to increase our marketplace penetration in the US and around the world. We fully expect to see the positive results of this in the coming months and years,” he said.

A key component of RPPS will be its business line management function which will provide customers with faster marketplace response time, longer-term portfolio management, education and marketing support globally, and tighter communications between geography sales requirements and product and solutions development. Additionally, through the newly combined and streamlined organization, Ricoh will be able to achieve broader and more seamless sales coverage and maintenance support for existing and prospective customers around the world.

RPPS will report to Ricoh’s Production Printing Business Group (PPBG), Tokyo, Japan.

”One of the most important initiatives in our short and long term business plans is to grow our production print business in a meaningful and valuable way across the globe,” said Shiro (Simon) Sasaki, former Chairman and CEO, Ricoh Europe Plc, and newly appointed Chairman and Chief Executive Officer, RPPS, and Executive Vice President and General Manager of Ricoh’s PPBG. ”The realignment of our considerable production print assets around the world means that we now have -- working together in a seamless way -- the most powerful collection of people, production solutions and geographic sales and support coverage in the industry. We are looking forward to bringing the benefits of this realigned organization to our current and future customers.”

Daisuke Segawa has been named President and Chief Operating Officer, RPPS, and Corporate Vice President, Deputy General Manager, PPBG.


About Ricoh Company, Ltd.

Ricoh Company, Ltd. is a global technology leader, specializing in the office and production printing markets. Ricoh works with organizations around the world to modernize work environments and optimize document efficiency. With more than 108,500 employees worldwide, Ricoh operates in Europe, the Americas, Asia/Pacific, China, and Japan. Ricoh’s worldwide sales were more than 2,016 billion yen ($21 billion USD) in the year ended March 31, 2010.

For further information contact:

Peter Lazaroff for Ricoh Production Print Solutions
Cell: (203) 241-7188
Office: (720) 663-3124

Jason Dizzine
Ricoh Americas Corporation
Cell: (973) 885-0842
Office: (973) 882-2161

Tracey Sheehy
Breakaway Communications
Cell: (908) 705-4596
Office: (212) 616-6003

Related Subject   Corporate, Business

 

| About Ricoh |
Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions. In the financial year ending March 2013, Ricoh Group had worldwide sales of 1,924 billion yen (approx. 20 billion USD).
The majority of the company's revenue comes from products, solutions and services that improve the interaction between people and information. Ricoh also produces award-winning digital cameras and specialized industrial products. It is known for the quality of its technology, the exceptional standard of its customer service and sustainability initiatives.
Under its corporate tagline, imagine. change. Ricoh helps companies transform the way they work and harness the collective imagination of their employees.
For further information, please visit www.ricoh.com/about/

Information in the news releases is true and accurate at the time of publication.
Manufacture, sales, price and specifications of products may be subject to change.

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