Ricoh Company, Ltd. Provides Earnings Guidance for the Third Quarter and Year Ending March 31, 2021
February 04, 2021 at 06:00 am
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Ricoh Company, Ltd. provided earnings guidance for the third quarter and year ending March 31, 2021. For the quarter, the company expects Sales of JPY 470.9 billion, Operating loss of JPY 19.2 billion, Loss attributable to owners of the parent of JPY 13.9 billion and loss per share attributable to owners of the parent-basic of JPY 19.23.
For the year, the company expects Sales of JPY 1,664,000 million, Operating loss of JPY 49,000 million, Loss for the period of JPY 36,400 million and loss per share attributable to owners of the parent-basic of JPY 50.25 compared to previous forecast of Sales of JPY 1,664,000 million, Operating loss of JPY 49,000 million and Loss for the period of JPY 36,400 million.
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. 
