Financial Highlights for the Year Ended March 31, 2019

Ricoh Company, Ltd. and Consolidated Subsidiaries

Financial Highlights for the Year Ended March 31, 2019
[Prepared on the basis of International Financial Reporting Standards]

1. Results for the Period from April 1, 2018 to March 31, 2019

(Millions of yen)

	Year ended March 31, 2018	Year ended March 31, 2019
Sales	2,063,363	2,013,228
(% change from the previous corresponding period)	1.7	-2.4
Operating profit	-115,676	86,839
(% change from the previous corresponding period)	-	-
Profit before income tax expenses	-124,182	83,964
(% change from the previous corresponding period)	-	-
Profit	-129,639	55,377
(% change from the previous corresponding period)	-	-
Profit attributable to owners of the parent	-135,372	49,526
(% change from the previous corresponding period)	-	-
Comprehensive income	-112,483	36,136
(% change from the previous corresponding period)	-	-
Earnings per share attributable to owners of the parent-basic (yen)	-186.75	68.32
Earnings per share attributable to owners of the parent-diluted (yen)	-	-
Profit on equity attributable to owners of the parent (%)	-13.9	5.4
Profit before income tax expenses on total assets (%)	-4.6	3.1
Operating profit on sales (%)	-5.6	4.3

Notes:: i. Share of profit of investments accounted for using the equity method: ¥ 492 million (¥ 202 million in previous fiscal year)
ii. Earnings per share attributable to owners of the parent (basic and diluted) are based on Profit (loss) attributable to owners of the parent.

(Millions of yen)

	March 31, 2018	March 31, 2019
Total assets	2,641,030	2,725,132
Total equity	988,755	1,018,988
Equity attributable to owners of the parent	909,565	932,577
Equity attributable to owners of the parent ratio (%)	34.4	34.2
Equity per share attributable to owners of the parent (yen)	1,254.79	1,286.56

	Year ended March 31, 2018	Year ended March 31, 2019
Cash flows from operating activities	110,288	81,947
Cash flows from investing activities	-81,077	-45,931
Cash flows from financing activities	6,407	42,424
Cash and cash equivalents at end of year	160,568	240,099

	Year ended March 31, 2018 (Actual)	Year ended March 31, 2019 (Actual)	Year ending March 31, 2020 (Forecast)
Cash dividends, applicable to the year (yen)	15.00	23.00	26.00
Interim (yen)	7.50	10.00	13.00
Year-end (yen)	7.50	13.00	13.00
Total annual dividends (millions of yen)	10,873	16,671	-
Payout Ratio (%)	-	33.7	30.4
Dividends on equity attributable to owners of the parent (%)	1.1	1.8	-

(Millions of yen)

	Year ending March 31, 2020
Sales	2,010,000
(% change from the previous corresponding period)	-0.2
Operating profit	100,000
(% change from the previous corresponding period)	15.2
Profit before income tax expenses	98,000
(% change from the previous corresponding period)	16.7
Profit attributable to owners of the parent	62,000
(% change from the previous corresponding period)	25.2
Earnings per share attributable to owners of the parent-basic (yen)	85.53

(2)

Changes in accounting policies and accounting estimate

(3): Number of common stock outstanding (including treasury stock):
As of March 31, 2019: 744,912,078 shares; As of March 31, 2018: 744,912,078 shares

(4): Number of treasury stock:
As of March 31, 2019: 20,049,430 shares; As of March 31, 2018: 20,040,659 shares

(5): Average number of common stock:
Year ended March 31, 2019: 724,867,249 shares; Year ended March 31, 2018: 724,877,128 shares

(Reference) Non-consolidated information
Results for the period from April 1, 2018 to March 31, 2019

(Millions of yen)

	Year ended March 31, 2018	Year ended March 31, 2019
Sales	862,291	889,341
(% change from the previous corresponding period)	0.3	3.1
Operating profit	-853	-21,070
(% change from the previous corresponding period)	-	-
Profit from ordinary operations	16,796	1,399
(% change from the previous corresponding period)	-49.3	-91.7
Profit	-93,519	50,958
(% change from the previous corresponding period)	-	-
Profit per share-basic (yen)	-129.01	70.30
Profit per share-diluted (yen)	-	-

(Millions of yen)

* Equity capital March 31, 2019: ¥478,233 million March 31, 2018: ¥482,095 million

PAGE TOP