Tokyo, October 1, 2011–Ricoh Company, Ltd. (President & CEO: Shiro Kondo; hereinafter referred to as "Ricoh") announces the establishment of PENTAX RICOH IMAGING COMPANY, LTD. as its wholly owned subsidiary on October 1, 2011.
Earlier, HOYA Corporation (President & CEO: Hiroshi Suzuki; hereinafter referred to as "HOYA") transferred the PENTAX Imaging Systems Business to PENTAX Imaging Corporation, a newly established subsidiary of HOYA, through an absorption-type split (spin off) and business transfer. Ricoh has acquired all shares outstanding in PENTAX Imaging Corporation, as of today, completing the transaction. Ricoh also changed the name of the company at the same time.
By forming the new company, Ricoh will strive to further bolster consumer products and services, in addition to its existing digital camera business.
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%).
RICOH COMPANY, LTD. 
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