Ricoh : Revision to the forecast of consolidated operating results and the year-end dividend forecast
January 31, 2017 at 01:49 am EST
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(2)Background of revision
Based on the revision to the consolidated operating results for the full year ending March 31, 2017, regrettably, the year-end dividend will be revised from 22.50 yen per share (ordinary dividend 17.5 yen and commemorative dividend 5.00 yen) to 12.50 yen per share (ordinary dividend 7.50 yen and commemorative dividend 5.00 yen) . As a result, the annual dividend will be 35.00 yen (ordinary dividend 25.00 yen and commemorative dividend 10.00 yen) including the interim dividend of 22.50 yen in December.
(Note) The above consolidated financial forecasts are forward-looking statements which incorporate the Company's assumptions and outlook for the future and estimates based on the Company's plans as of the date of this release. These forward-looking statements are based on information available to and certain assumptions by the Company as of the date of this release, and there can be no assurance that the relevant forecasts will be achieved. Please note that significant differences between the forecasts and actual results may arise from various factors in the future.
Ricoh Company Ltd. published this content on 31 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 31 January 2017 06:49:04 UTC.
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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%).