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News Release
Notice regarding transfer completion of Ricoh Industrial Solutions optical business
- September 30, 2024
TOKYO, September 30, 2024 – Ricoh Company, Ltd. (President and CEO: Akira Oyama) today announced that it has completed the transfer of the optical business of OPTOWL Co., Ltd. (President and CEO: Hiroshi Takemoto)*, succeeded from Ricoh Industrial Solutions Co., Ltd. (President and CEO: Eiji Hirahara), to the newly established company managed and operated by the fund of T Capital Partners Co., Ltd. (President and CEO: Koji Sasaki). This share transfer was completed today upon all necessary procedures, as disclosed in the “Notice regarding the transfer of Ricoh Industrial Solutions optical business” dated October 6, 2023, and “Notice regarding a change in transfer date of Ricoh Industrial Solutions optical business” dated June 12, 2024.
The impact of this share transfer on our business performance for the fiscal year ending March 2025 is minimal.
- *
- As part of the business transfer scheme, the optical business of Ricoh Industrial Solutions Co., Ltd. has been transferred to OPTOWL Co., Ltd. through an absorption-type company split on June 30, 2024. OPTOWL has been operating the optical business since then.
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Headquartered in Tokyo, Ricoh's global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organizational capabilities nurtured over its 85-year history. In the financial year ended March 2024, Ricoh Group had worldwide sales of 2,348 billion yen (approx. 15.5 billion USD).
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