Notification Regarding the Reorganization of Domestic Design/Production Functions

Tokyo, January 31, 2013—Ricoh Company, Ltd. (President and CEO: Shiro Kondo; hereinafter "Ricoh") announced that at the today's meeting of the Board of Directors of our Company, the reorganization of domestic design/production functions was decided. For this reorganization, the absorption-type split causes RICOH Technologies COMPANY, LTD., which is a wholly-owned subsidiary of Ricoh Company, Ltd., to succeed some portion of the design functions of the company. At the same time, the absorption-type split causes RICOH Industry Co., Ltd., which is a wholly-owned subsidiary of Ricoh Company, Ltd., to succeed some portion of the production functions of the company.

< Objective of the Reorganization >

1. Design Functions
By transferring the design functions of Tohoku Ricoh Co., Ltd., Ricoh Unitechno Co., Ltd., and Ricoh Elemex Corporation and some portion of the design functions of Ricoh Company, Ltd., to the new company, the Company aims to maximize the design efficiency and development capability through the construction of a development system and mechanism unrestricted by the boundaries of companies and organizations. As a result, development productivity will be further pursued in the main business field, and low cost engineering capacity will be improved, along with strengthening customer service. In addition, the Company will accelerate the construction of a system that can invest resources in new business fields, growth and reinforcement.

2. Production Functions
By transferring the production functions of Tohoku Ricoh Co., Ltd., Ricoh Printing Systems, Ltd., and Ricoh Unitechno Co., Ltd., and some portion of the production functions of Ricoh Company, Ltd., to the new company, the Company aims to reorganize the system to permit effective utilization of the overall management resources of the Ricoh Group. The aim of the new company is to strengthen human resource development and its collective capability to succeed, carry over and develop the manufacturing technologies of the Ricoh Group globally, as a leading manufacturing company that can also contribute to enhancing technical development in the next generation, including products, key parts and new business fields.

< Outline of the new Companies >

1. Design Functions
・Corporate Name ： RICOH Technologies COMPANY, LTD.
・Headquarters ： 810 Shimo-Izumi, Ebina-shi, Kanagawa Prefecture
・Representative ： Minoru Saito, President
・Number of Employees ： Approx. 700
・Capital ： 10 million yen

2. Production Functions
・Corporate Name ： RICOH Industry Co., Ltd.
・Headquarters ： 1005 Shimoogino, Atsugi-shi, Kanagawa Prefecture
・Representative ： Masayuki Ishihara, President
・Number of Employees ： Approx. 2,700
・Capital ： 100 million yen

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