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4-Traders Homepage  >  Equities  >  Tokyo  >  Ricoh Co Ltd    7752   JP3973400009

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Ricoh : 【Asia Pacific】Ricoh Asia Pacific turns to clean energy and commits to power by 100 percent renewable source in 2019

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06/23/2017 | 11:24am CEST

Mr. Goto expressed Ricoh's environmental commitment said: 'As the regional headquarter in the Asia Pacific region, we recognized that business activities depended greatly on natural resources and the global eco systems. We also realized that environmental issues such as global warming and limited natural resources present both risks and opportunities for businesses, so it important for us to strive fora balance on conservation activities with business sustainability to ensure the betterment of the environment.'

As the first Japanese company to join the RE100, a group of influential companies that are committed to 100% renewable power, globally, Ricoh Group is committed to using a minimum of 30% renewable energy by 2030 and 100% by 2050.

Mr. Goto continues: 'Ricoh Asia Pacific wants to keep the momentum going as the leading regional headquarter. Given that our operation in this region are mainly the offices, it is not easy for us to find renewable sources without the need to install the solar panels. Despite so, we will continue to lookout for prospective energy provider to power renewable source to other sales companies in this region in the near future.'

* For more information about Ricoh Group's commitment to 100% renewable energy reliance by 2050 and becomes first Japanese company to join RE100, please see:

News Release - 'Ricoh sets materiality and environmental goals aimed to resolve social issues in accordance with U.N. SGDs and the Paris Agreement': https://www.ricoh-ap.com/node/17043

Ricoh Company Ltd. published this content on 23 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 23 June 2017 09:24:06 UTC.

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Financials ( JPY)
Sales 2018 2 010 936 M
EBIT 2018 -
Net income 2018 10 964 M
Debt 2018 707 079 M
Yield 2018 1,75%
P/E ratio 2018 71,38
P/E ratio 2019 19,24
EV / Sales 2018 0,70x
EV / Sales 2019 0,70x
Capitalization 709 901 M
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Mean consensus HOLD
Number of Analysts 17
Average target price 903  JPY
Spread / Average Target -5,2%
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NameTitle
Zenji Miura Executive President, CEO & Representative Director
Shiro Kondo Chairman
Yukihiko Yamanaka Executive Officer, Head-Finance & IR Contact
Yohzoh Matsuura Director, GM-Intellectual Property & Head-Research
Nobuo Inaba Director
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