Financial Data > Financial Results

Ricoh Company, Ltd. and Consolidated Subsidiaries

Financial Highlights for the Year Ended March 31, 2022
[Prepared on the basis of International Financial Reporting Standards]

1.

Results for the Period from April 1, 2021 to March 31, 2022

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2021	Year ended March 31, 2022
Sales	1,682,069	1,758,587
(% change from the previous corresponding period)	(16.3)	4.5
Operating profit (loss)	(45,429)	40,052
(% change from the previous corresponding period)	–	–
Profit (loss) before income tax expenses	(41,028)	44,388
(% change from the previous corresponding period)	–	–
Profit (loss)	(32,664)	30,625
(% change from the previous corresponding period)	–	–
Profit (loss) attributable to owners of the parent	(32,730)	30,371
(% change from the previous corresponding period)	–	–
Comprehensive income (loss)	22,053	90,940
(% change from the previous corresponding period)	89.9	312.4
Earnings per share attributable to owners of the parent-basic (yen)	(45.20)	45.35
Earnings per share attributable to owners of the parent-diluted (yen)	(45.20)	45.34
Profit (loss) on equity attributable to owners of the parent (%)	(3.6)	3.3
Profit (loss) before income tax expenses on total assets (%)	(1.7)	2.4
Operating profit (loss) on sales (%)	(2.7)	2.3

Notes:

i.

Share of profit of investments accounted for using the equity method: ¥5,604 million (¥3,645 million in previous corresponding period)

ii.

Earnings per share attributable to owners of the parent (basic and diluted) are based on Profit (loss) attributable to owners of the parent.

(2) Financial Position	(Millions of yen)
	March 31, 2021	March 31, 2022
Total assets	1,887,868	1,853,254
Total equity	923,852	905,825
Equity attributable to owners of the parent	920,246	902,042
Equity attributable to owners of the parent ratio (%)	48.7	48.7
Equity per share attributable to owners of the parent (yen)	1,281.29	1,416.08

(3) Cash Flows	(Millions of yen)
	Year ended March 31, 2021	Year ended March 31, 2022
Cash flows from operating activities	126,962	82,462
Cash flows from investing activities	(63,559)	(59,355)
Cash flows from financing activities	(4,085)	(131,685)
Cash and cash equivalents at end of year	330,344	234,020

2.

Dividend Information

	Year ended March 31, 2021 (Actual)	Year ended March 31, 2022 (Actual)	Year ending March 31, 2022 (Forecast)
Cash dividends, applicable to the year (yen)	15.00	26.00	34.00
Interim (yen)	7.50	13.00	17.00
Year-end (yen)	7.50	13.00	17.00
Total annual dividends (millions of yen)	10,826	16,962	–
Payout Ratio (%)	–	57.3	33.3
Dividends on equity attributable to owners of the parent (%)	1.2	1.9	–

3.

Forecast of Operating Results from April 1, 2022 to March 31, 2023

(Millions of yen)
	Year ending March 31, 2022
Sales	2,050,000
(% change from the previous corresponding period)	16.6
Operating profit (loss)	90,000
(% change from the previous corresponding period)	124.7
Profit (loss) before income tax expenses	94,000
(% change from the previous corresponding period)	111.8
Profit (loss)	63,800
(% change from the previous corresponding period)	108.3
Profit (loss) attributable to owners of the parent	63,000
(% change from the previous corresponding period)	107.4
Earnings per share attributable to owners of the parent-basic (yen)	102.11

4.

Others

(1)

Changes in significant subsidiaries: No

New:

– (Company name: – )

Exclusion:

– (Company name: – )

(2)

Changes in accounting policies and accounting estimate

(i)

Changes in accounting policies required by IFRS: No

(ii)

Other changes: No

(iii)

Changes in accounting estimate: No

(3)

Number of common stock outstanding (including treasury stock):
As of March 31, 2022: 637,468,178 shares; As of March 31, 2021: 744,912,078 shares

(4)

Number of treasury stock:
As of March 31, 2022: 468,700 shares; As of March 31, 2021: 26,692,132 shares

(5)

Average number of common stock:
Year ended March 31, 2022: 669,698,640 shares; Year ended March 31, 2021: 724,175,341 shares

Notes:

The Company has established the Board Incentive Plan trust in which beneficiaries include Directors and Executive Officers. The shares owned by the trust account relating to this trust are accounted for as treasury shares. (As of March 31, 2022: 398,600 shares; As of March 31, 2021: 415,800 shares)

(Reference)

Non-consolidated information

Results for the period from April 1, 2021 to March 31, 2022

(1) Operating Results	(Millions of yen)
	Year ended March 31, 2021	Year ended March 31, 2022
Sales	445,297	483,481
(% change from the previous corresponding period)	–	8.6
Operating profit (loss)	(38,603)	(23,128)
(% change from the previous corresponding period)	–	–
Profit (loss) from ordinary operations	64,025	30,314
(% change from the previous corresponding period)	–	(52.7)
Profit (loss)	88,057	25,368
(% change from the previous corresponding period)	–	(71.2)
Profit (loss) per share-basic (yen)	121.59	37.88
Profit (loss) per share-diluted (yen)	121.59	37.87

The Company has applied the “Accounting Standard for Revenue Recognition” (ASBJ Statement No. 29, March 31, 2020) and related standards from the beginning of the year ended March 31, 2022, and the non-consolidated operating results for the period from April 1, 2020, to March 31, 2021, are retrospectively restated. Therefore, the percentage of year-on-year change of sales for the year ended March 31, 2021, is not shown.

(2) Financial Position	(Millions of yen)
	March 31, 2021	March 31, 2022
Total assets	967,753	862,653
Total equity	529,551	444,771
Equity ratio (%)	54.7	51.6
Equity per share (yen)	737.31	698.22

*

Equity capital March 31, 2022: ¥444,771 million March 31, 2021: ¥529,551 million