Ricoh to Establish a New Sales Company in Korea
- as part of a drive to accelerate business in Asia Pacific -
Tokyo, March 18, 2013 - Ricoh Company, Ltd. (hereafter Ricoh) today announced the establishment of Ricoh Korea Co., Ltd, as a 100% Ricoh owned sales company in Seoul, Korea. Ricoh Korea will start its sales of production print business lines using its sales network. In the near future, Ricoh Korea will expand its business lines to office MFPs, printers, and solutions.
‹ Objective ›
Currently, the Korea Branch of Ricoh Production Print Solutions Japan, or RPPSJ K, conducts production print business in Korea. We aim to utilize its business assets and enhance them by transferring them to the new entity, Ricoh Korea. RPPSJ K handles continuous form printers and a solutions business, serving many major account customers. Ricoh Korea will add cut sheet printers to its business lines, and, by adding resources, will be able to offer one-stop solutions to customers and conduct more efficient marketing and sales in Korea.
Ricoh Company, Ltd. is one of the world's leading office equipment manufacturers. Net sales break down by family of products and services as follows:
- office automation equipment (48.5%): photocopiers, fax machines and printing systems;
- IT equipment and network systems (31.6%): PCs, servers, software, etc. The group also offers installation and start-up, training, technical support, and maintenance services;
- commercial and industrial printing solutions and systems (9.5%): inkjet print heads, imaging systems, commercial and industrial printers;
- thermal paper and thermal transfer ribbons (3.4%): for label printing;
- other (7%): primarily optical equipment, semiconductor, electronic components, measurement systems, photographic equipment, integrated circuits, and electronic processing equipment.
Net sales break down geographically as follows: Japan (44.8%), Europe/Middle East/Africa (23.4%), Americas (23%) and other (8.8%).