7752
RICOH COMPANY,LTD.
株式会社リコー
Electric Appliances
Ricoh Company, Ltd., together with its subsidiaries, develops, manufactures, and sells digital products and services in Japan, the Americas, Europe, the Middle East, Africa, China, South East Asia, and Oceania. It operates through Digital Services, Digital Products, Graphic Communications, Industrial Solutions, and Other segments. The company engages in the production, original equipment manufacturing, and sale of multifunctional printers (MFPs), laser printers, digital duplicators, wide format printers, facsimile machines, network equipment, and related parts and supplies; production and sale of scanners, auto ID systems, electronic components, and related parts and supplies; sale of personal computers and servers; and provision of software and support services, and solutions related to documents. It also produces and sells cut sheet printers, continuous feed printers, inkjet heads, imaging systems, industrial printers, and related parts and supplies. In addition, the company produces and sells thermal paper and media products, industrial optical components/modules, and precision mechanical components, as well as offers digital cameras, 360°cameras, and environment and healthcare products. Further, it provides embedded computers; inkjet inks; automation equipment and various inspection systems for the automotive industry; digital services in the areas of process automation, workplace experience, and IT services; contents service platform; and advertising and printing services, as well as constructs IT infrastructure; and maintains scanners. The company was formerly known as Riken Optical Co., Ltd. and changed its name to Ricoh Company, Ltd. in 1963. Ricoh Company, Ltd. was incorporated in 1936 and is headquartered in Tokyo, Japan.
Price
¥1,458
Market Cap
¥830.8B
Ent. Value
¥1.1T
Net Debt
−¥227.3B
Shares Out.
569.6M
P / E
14.9×
EV / EBIT
11.7×
P / Book
0.72×
P / NCAV
N/M
Div. Yield
1.37%
Financials
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Net Sales | ¥2,608.3B | ¥2,608.3B | ¥2,349.0B | ¥2,134.2B | ¥1,758.6B |
| Cost of Sales | ¥1,719.2B | ¥1,719.2B | ¥1,528.9B | ¥1,388.8B | ¥1,135.9B |
| Gross Profit | ¥889.1B | ¥889.1B | ¥820.1B | ¥745.4B | ¥622.7B |
| SG&A | ¥815.2B | ¥815.2B | ¥769.8B | ¥688.2B | ¥600.3B |
| Operating Income | ¥90.7B | ¥90.7B | ¥62.0B | ¥78.7B | ¥40.1B |
| Non-Operating Income | — | ¥11.0B | ¥9.5B | ¥4.5B | ¥2.5B |
| Non-Operating Expenses | — | ¥10.5B | ¥8.9B | ¥8.1B | ¥3.8B |
| Ordinary Income | ¥92.3B | ¥70.1B | — | — | — |
| Pre-tax Income | ¥92.3B | ¥92.3B | ¥68.2B | ¥81.3B | ¥44.4B |
| Net Income (owners) | ¥55.7B | ¥55.7B | ¥44.2B | ¥54.4B | ¥30.4B |
| Minority Interest | — | ¥374M | ¥66M | ¥1.3B | ¥254M |
| Comprehensive Income | — | ¥42.9B | ¥137.2B | ¥101.7B | ¥90.9B |
| EPS | ¥97.80 | ¥97.80 | ¥72.58 | ¥88.13 | ¥45.35 |
| Shares Outstanding | — | 569.6M | 603.5M | 609.4M | 637.4M |
| Shares Issued (total) | — | 569.7M | 609.5M | 609.5M | 637.5M |
| Treasury Shares | — | 0.1M | 6.0M | 0.1M | 0.1M |
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | ¥2,540.2B | ¥2,540.2B | ¥2,286.2B | ¥2,150.0B | ¥1,853.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Assets | ¥1,324.4B | ¥1,324.4B | ¥1,203.3B | ¥1,175.3B | ¥1,012.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash & Deposits | ¥204.9B | ¥204.9B | ¥177.1B | ¥221.9B | ¥240.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Assets | ¥1,215.8B | ¥1,215.8B | ¥1,082.9B | ¥974.7B | ¥840.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| PP&E | ¥212.1B | ¥212.1B | ¥203.6B | ¥196.5B | ¥188.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill | — | ¥238.9B | ¥228.6B | ¥200.6B | ¥165.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Assets | — | ¥67.0B | ¥66.6B | ¥72.2B | ¥81.2B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Liabilities | ¥1,352.7B | ¥1,352.7B | ¥1,221.0B | ¥1,191.9B | ¥947.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Current Liabilities | ¥886.8B | ¥886.8B | ¥879.3B | ¥829.1B | ¥693.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ST Debt | ¥134.0B | ¥134.0B | ¥152.6B | ¥157.8B | ¥114.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Non-Current Liabilities | ¥465.9B | ¥465.9B | ¥341.8B | ¥362.8B | ¥254.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total LT Borrowings | ¥298.1B | ¥298.1B | ¥197.0B | ¥205.1B | ¥121.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Tax Liab. | — | ¥27.1B | ¥19.6B | ¥17.8B | ¥4.1B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Equity | ¥1,187.5B | ¥1,187.5B | ¥1,065.1B | ¥958.1B | ¥905.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Capital Surplus | — | ¥180.9B | ¥158.5B | ¥158.5B | ¥180.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Retained Earnings | ¥508.1B | ¥508.1B | ¥501.1B | ¥470.7B | ¥459.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Treasury Stock | — | ¥-734M | ¥-7.9B | ¥-427M | ¥-460M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| AOCI | — | ¥242.4B | ¥251.7B | ¥167.4B | ¥126.3B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity (owners) | ¥1,156.1B | ¥1,156.1B | ¥1,038.7B | ¥931.6B | ¥902.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minority Interests | — | ¥24.6B | ¥26.4B | ¥26.5B | ¥3.8B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total Interest-Bearing Debt ⓘ | ¥432.1B | ¥432.1B | ¥349.6B | ¥362.9B | ¥235.4B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Net Cash ⓘ | ¥-227.3B | ¥-227.3B | ¥-172.5B | ¥-141.0B | ¥4.9B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV ⓘ | ¥-28.3B | ¥-28.3B | ¥-17.7B | ¥-16.6B | ¥65.0B | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| NCAV/Share | — | ¥-50 | ¥-29 | ¥-27 | ¥102 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| BV/Share | — | ¥2,030 | ¥1,721 | ¥1,529 | ¥1,415 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| Operating CF | ¥158.1B | ¥158.1B | ¥125.6B | ¥66.7B | ¥82.5B |
| Investing CF | ¥-72.5B | ¥-72.5B | ¥-97.8B | ¥-133.9B | ¥-59.4B |
| CapEx | ¥48.9B | ¥48.9B | ¥53.3B | ¥45.5B | ¥37.4B |
| Financing CF | ¥-83.1B | ¥-83.1B | ¥-82.9B | ¥35.5B | ¥-131.7B |
| Free Cash Flow | ¥109.2B | ¥109.2B | ¥72.3B | ¥21.2B | ¥45.1B |
| Net Change in Cash | — | ¥12.2B | ¥-41.2B | ¥-23.1B | ¥-96.3B |
| Metric |
FY 2025
TDnet |
FY 2024
TDnet |
FY 2023
EDINET ↗ |
FY 2022
EDINET ↗ |
FY 2021
EDINET ↗ |
|---|---|---|---|---|---|
| ROE | 4.7% | 4.9% | 4.4% | 5.8% | 3.4% |
| ROA | 2.2% | 2.3% | 2.0% | 2.7% | 1.6% |
| EPS | ¥97.80 | ¥97.80 | ¥72.58 | ¥88.13 | ¥45.35 |
| DPS | ¥20.00 | ¥20.00 | ¥36.00 | ¥34.00 | ¥26.00 |
| BPS | ¥2,031.06 | ¥2,031.06 | — | — | — |
| FCF/Share | — | ¥192 | ¥120 | ¥35 | ¥71 |
| NCAV/Share | — | ¥-50 | ¥-29 | ¥-27 | ¥102 |
| Payout Ratio | 20.4% | 20.4% | 49.6% | 38.6% | 57.3% |
Event Timeline
S Shareholder
A Capital Signal
Large Shareholder Reports 21
Capital Allocation Signals 1
| Date | Type | Amount | Summary | |
|---|---|---|---|---|
|
2026-05-12
15:30
|
Buyback | ¥25.0B 4.0% | RICOH board of directors resolved on May 12, 2026 to execute a share buyback program of up to 23 million shares (4.0% of… | |
|
Summary
RICOH board of directors resolved on May 12, 2026 to execute a share buyback program of up to 23 million shares (4.0% of outstanding shares) with a maximum budget of ¥25 billion through open market purchases on the Tokyo Stock Exchange between May 13 and November 30, 2026. All acquired treasury shares are scheduled to be cancelled on December 11, 2026, reducing the share count and improving capital efficiency while enhancing shareholder returns.
Deadline: 2026-11-30
% of Shares: 4.0%
Shares: 23,000,000
Source (JP)
株主還元の充実ならびに資本効率の向上のため、自己株式の取得および消却を実施いたします。取得し得る株式の総数23,000,000株(上限)、株式の取得価額の総額250億円(上限)、取得期間2026年5月13日~2026年11月30日
自己株式取得に係る事項の決定及び自己株式消却に係る事項の決定に関するお知らせ
TDnet PDF
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| # | Shareholder | Shares (thou.) | % of Total |
|---|---|---|---|
| 1 |
Japan Master Trust Bank
日本マスタートラスト信託銀行株式会社(信託口)
|
942,729 | 16.55% |
| 2 | SUNTERA(CAYMAN)LIMITED AS TRUSTEE OF ECM MASTER FUND(常任代理人 ゴールドマン・サックス証券株式会社) | 296,114 | 5.20% |
| 3 |
Custody Bank of Japan, Ltd. (Trust Account)
株式会社日本カストディ銀行(信託口)
|
290,648 | 5.10% |
| 4 | GOLDMAN SACHS INTERNATIONAL(常任代理人 ゴールドマン・サックス証券株式会社) | 271,094 | 4.76% |
| 5 | 新生信託銀行株式会社ECM MF信託口8299004 | 210,000 | 3.69% |
| 6 | 日本生命保険相互会社(常任代理人 日本マスタートラスト信託銀行株式会社) | 206,090 | 3.62% |
| 7 | CGML PB CLIENTACCOUNT/COLLATERAL(常任代理人 シティバンク、エヌ・エイ東京支店) | 161,807 | 2.84% |
| 8 | 公益財団法人市村清新技術財団 | 158,395 | 2.78% |
| 9 |
STATE STREET BANK WEST CLIENT - TREATY
STATE STREET BANK WEST CLIENT - TREATY 505234(常任代理人 株式会社みずほ銀行)
|
127,621 | 2.24% |
| 10 |
J.P. MORGAN SECURITIES PLC FOR AND ON BEHALF OF ITS CLIENTS JPMSP RE CLIENT ASSETS-SEGR ACCT
J.P. MORGAN SECURITIES PLC FOR AND ON BEHALF OF ITS CLIENTS JPMSP RE CLIENT ASSETS-SEGR ACCT(常任代理人 シティバンク、エヌ・エイ東京支店)
|
116,139 | 2.04% |
as of 2025-03-31
Source: EDINET ↗
Ownership by year — hover bars for detail
Domestic Nominees
21.6%
-0.0% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
4.3%
+0.6% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
22.9%
+2.5% vs 2024
Named entities with disclosed investment intent
Bar = % of shares outstanding · top-10 covers 48.8% · grey = other shareholders · 2025
| Shareholder | Trend | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Japan Master Trust Bank 日本マスタートラスト信託銀行 | 18.19% | 16.47% | 16.55% +0.08% | |
| SUNTERA(CAYMAN)LIMITED AS TRUSTEE OF ECM MASTER FUND SUNTERA(CAYMAN)LIMITED AS TRUSTEE OF ECM MASTER FUND | — | 4.91% | 5.20% +0.29% | |
| Japan Custody Bank 日本カストディ銀行 | 5.33% | 5.19% | 5.10% -0.09% | |
| Goldman Sachs NEW ENTRY | 4.96% | — | 4.76% NEW | |
| 新生信託銀行株式会社ECM MF信託口8299004 | 3.45% | 3.48% | 3.69% +0.21% | |
| Nippon Life Insurance 日本生命保険 | 4.35% | 3.90% | 3.62% -0.28% | |
| CGML PB CLIENTACCOUNT/COLLATERAL NEW ENTRY | — | — | — | 2.84% NEW |
| 公益財団法人市村清新技術財団 | 2.60% | 2.62% | 2.78% +0.16% | |
| State Street | — | 1.91% | 2.24% +0.33% | |
| JP Morgan | 1.81% | 1.82% | 2.04% +0.22% | |
| BNYMSANV AS AGENT/CLIENTS LUX UCITS NON TREATY 1 BNYMSANV AS AGENT/CLIENTS LUX UCITS NON TREATY 1 last seen 2024 | Exited Top 10 | 2.71% | 3.53% | — |
| CGML PB CLIENT ACCOUNT/COLLATERAL last seen 2024 | Exited Top 10 | 1.94% | 1.96% | — |
| 三菱UFJ銀行 last seen 2023 | Exited Top 10 | 1.77% | — | — |
| Concentration (HHI) ⓘ | 439 | 380 | 401 |
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥12,783M
-4% since 2023
Holdings
15
+1 new
5 exited
Trend
2 building
vs 2023
| Held Company | FY2025 ¥12,783M total | FY2023 ¥13,343M total | |||
|---|---|---|---|---|---|
| Book Val ¥M | Shares | Book Val ¥M | Shares | ||
|
Cybozu, Inc.
サイボウズ㈱
|
4,860 |
1,740,100
|
5,108 | 1,740,100 | |
|
OTSUKA CORPORATION
㈱大塚商会
|
2,524 |
+100.0%
↑
780,000
|
1,827 | 390,000 | M |
|
SAN-AI OBBLI CO.,LTD
三愛オブリ㈱
|
1,917 |
1,113,320
|
1,526 | 1,113,320 | M |
| Sindoh Co., Ltd. | 1,199 |
313,748
|
1,057 | 313,748 | |
|
USHIO INC.
ウシオ電機㈱
|
926 |
500,429
|
833 | 500,429 | M |
|
Central Japan Railway Company
東海旅客鉄道㈱
|
570 |
+400.0%
↑
200,000
|
632 | 40,000 | |
|
HISAMITSU PHARMACEUTICAL CO.,INC.
久光製薬㈱
|
477 |
118,100
|
446 | 118,100 | M |
| エヴィクサー㈱ | 240 |
200,000
|
240 | 200,000 | |
|
Hmcomm Inc.
Hmcomm㈱
|
54 |
NEW
New
64,000
|
— | ||
|
Stanley Electric Co.,Ltd.
スタンレー電気㈱
|
16 |
5,813
|
17 | 5,813 | M |
|
NIDEC CORPORATION
ニデック㈱
|
— | — | |||
|
譌・譛ャ陬ス邏呎ェ蠑丈シ夂、セ
日本製紙㈱
|
— | — | |||
|
Japan Pulp & Paper Co., Ltd.
日本紙パルプ商事㈱
|
— | — | M | ||
|
SMK Corporation
SMK㈱
|
— | — | M | ||
|
WACUL.INC
㈱WACUL
|
— | — | |||
|
Tokio Marine Holdings, Inc.
東京海上ホールディングス㈱
|
— |
−100%
Exit
—
|
263 | 103,500 | M |
|
Sompo Holdings, Inc.
SOMPOホールディングス㈱
|
— |
−100%
Exit
—
|
65 | 12,403 | M |
| 日本電産㈱ | — |
−100%
Exit
—
|
834 | 121,976 | |
| XAVIS.Co.,Ltd. | — |
−100%
Exit
—
|
482 | 1,701,500 | |
|
TDK Corporation
TDK㈱
|
— |
−100%
Exit
—
|
13 | 2,790 | M |
| Portfolio total | 12,783 | 13,343 | |||
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding