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Ricoh

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Ricoh
NameRicoh
Foundation6 February 1936
FounderKiyoshi Ichimura
LocationTokyo, Japan
Key peopleAkira Oyama (President & CEO)
IndustryElectronics, Imaging, Office Equipment
ProductsMultifunction printers, Digital cameras, Projectors, Software
Revenue▲ ¥2.02 trillion (FY 2023)
Num employees~99,000 (2023)
Websitewww.ricoh.com

Ricoh. Founded in Tokyo in 1936 by Kiyoshi Ichimura, the company initially specialized in sensitized paper and photographic equipment. It has since evolved into a global technology conglomerate, renowned for its innovations in office automation, digital imaging, and document management solutions, serving clients worldwide from its headquarters in the Ota ward.

History

The company's origins trace back to the Riken research institute, with Kiyoshi Ichimura establishing it as the Riken Sensitized Paper Co. Its early success came from producing high-quality gelatin paper for the photographic industry in pre-war Japan. A pivotal moment occurred in 1950 with the launch of the Ricohflex III, a twin-lens reflex camera that became a bestseller and established its reputation in consumer optics. Diversification began in the 1950s, leading to the development of Japan's first diazo copier, the Ricopy 101, in 1955, marking its entry into the office equipment market. Major international expansion followed, including the 1962 establishment of Ricoh Company, Ltd. in the United States and a 1965 joint venture with Savin Corporation to distribute copiers in North America. The 1980s and 1990s saw it become a leader in digital copier technology, pioneering the first digital plain paper copier and later acquiring iconic brands like Pentax in 2011, significantly bolstering its precision optics and medical imaging divisions. Recent strategy has focused on digital transformation services, including the 2017 acquisition of Avanti Computer Systems to enhance its managed print services and enterprise content management offerings.

Products and services

Its core offerings are built around document management and workplace digitalization. The product portfolio includes a comprehensive range of multifunction printers (MFPs), laser printers, and production printing systems for commercial use. In digital imaging, it manufactures Pentax DSLR and mirrorless cameras, lenses, and binoculars, as well as Ricoh GR series compact cameras. The Visual Communications division produces interactive whiteboards, projectors, and 360-degree camera systems like the Ricoh Theta. Key software and service platforms include the Ricoh Streamline managed print services suite, DocuWare for document workflow automation, and Ricoh ProcessDirector for optimizing business processes. It also provides IT services and cloud computing solutions to support hybrid work environments and smart office infrastructures.

Corporate affairs

The company is publicly traded on the Tokyo Stock Exchange (Prime Market) and maintains a global operational structure with regional headquarters including Ricoh Americas Corporation and Ricoh Europe PLC. Its leadership has recently focused on the RICOH Ignite growth strategy, aiming to shift from a hardware-centric model to a services and solutions provider. Significant partnerships and alliances have been formed with technology leaders like Microsoft (integrating with Microsoft 365 and Azure), ServiceNow, and SAP. Major subsidiaries and group companies encompass Pentax Imaging, Ricoh Electronics, Inc., and the industrial instrument manufacturer Ricoh Industry Co., Ltd.. It maintains several research and development centers, including the Ricoh Institute of Sustainability and Business and the Tohoku Ricoh facility, focusing on artificial intelligence, IoT, and sustainable technology.

Environmental and social initiatives

The organization has long been recognized for its commitment to sustainability, formalized through its Ricoh Group Sustainability Vision. It actively pursues carbon neutrality targets, aiming for net-zero greenhouse gas emissions across its value chain by 2050, validated by the Science Based Targets initiative. In resource circulation, it promotes a circular economy through its Comet Circle philosophy, emphasizing product reuse, remanufacturing, and recycling programs for toner cartridges and equipment. Social contribution activities are channeled through the Ricoh Global Eco Action program and support for UNESCO World Heritage conservation projects. It has received consistent recognition on global indices such as the Dow Jones Sustainability World Index and is a signatory to the United Nations Global Compact.

See also

* Canon Inc. * Fujifilm * Xerox * Konica Minolta * Kyocera * Document management system * Digital transformation * Managed print services

Category:Companies listed on the Tokyo Stock Exchange Category:Electronics companies of Japan Category:Manufacturing companies established in 1936