Overview
Electric Appliances

RICOH COMPANY,LTD.

Ricoh is a global technology company providing digital services, office imaging products, and industrial solutions across approximately 200 countries and regions. Its core offerings include multifunction printers, printers, and scanners for office use — where it holds a top global market share — alongside IT services, process automation, and workplace experience solutions that support customers' digital transformation. The company also operates in graphic communications (commercial and industrial inkjet printing), industrial solutions (thermal paper, heat transfer ribbons, precision components), and emerging areas such as 360-degree cameras and smart vision systems for construction and real estate.

Market Cap
¥1,028B
US$6.54B
EV
¥1,341B
US$8.54B
Stock¥1,819.5▼-0.57%
US$1 = ¥157.05 (2026-10-22)
LTM EV/EBITDA
5.5
x
LTM EV/EBIT
10.4
x
LTM PER
12.4
x
LTM PBR
0.9
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▲+12.6%pt
1001234
Oct 23, 25 – Oct 23, 26StockTOPIX
1Feb 27, 26Effissimo Capital Management Pte. Ltd. changed stake (23.88%→24.77%)
2Mar 6, 26Effissimo Capital Management Pte. Ltd. changed stake (24.77%→24.77%)
3Jun 10, 26Effissimo Capital Management Pte. Ltd. changed stake (24.77%→24.77%)
4Jun 15, 26Effissimo Capital Management Pte. Ltd. changed stake (24.77%→24.77%)
MC → EV Bridge
1,028BUS$6.54BMarket Cap525BUS$3.35B+ Debt232BUS$1.48B− Cash12.8BUS$81.7M− Inv. Sec.32.6BUS$207M+ NCI1,341BUS$8.54BEV
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Performance & Balance
Revenue 5Y (¥B)
1,759US$11.2B'22/32,134US$13.6B'23/32,349US$15.0B'24/32,528US$16.1B'25/32,608US$16.6B'26/3
EBITDA 5Y (¥B)
131US$831M'22/3176US$1.12B'23/3171US$1.09B'24/3178US$1.13B'25/3208US$1.33B'26/3
Net Income 5Y (¥B)
30.4US$193M'22/354.4US$346M'23/344.2US$281M'24/345.7US$291M'25/355.7US$354M'26/3
Capital Structure
69%
31%
EquityD/E 0.45xDebt
Liquidity vs Debt 5Y (¥B)▼ Net Debt
CashInv. Sec.Debt
240US$1.53B303US$1.93B'22/3222US$1.41B427US$2.72B'23/3177US$1.13B420US$2.67B'24/3191US$1.21B516US$3.29B'25/3205US$1.30B520US$3.31B'26/3
Shareholders
Top 10 hold 52.2%
1
The Master Trust Bank of Japan, Ltd. (Trust Account)
15.00%
2
GOLDMAN SACHS INTERNATIONAL (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
7.85%
3
Custody Bank of Japan, Ltd. (Trust Account)
5.77%
4
SUNTERA(CAYMAN)LIMITED AS TRUSTEE OF ECM MASTER FUND (Standing Proxy: Goldman Sachs Japan Co., Ltd.)
5.20%
5
Shinsei Trust & Banking Co., Ltd. ECM MF (Trust Account) 8299004
3.69%
6
Nippon Life Insurance Company (Standing Proxy: The Master Trust Bank of Japan, Ltd.)
3.62%
7
JPMorgan Securities Japan Co., Ltd.
3.17%
8
MLI FOR SEGREGATED PB CLIENT (Standing Proxy: BofA Securities Japan Co., Ltd.)
3.09%
9
The Ichimura Foundation for New Technologies
2.78%
10
CGML PB CLIENT ACCOUNT/COLLATERAL (Standing Proxy: Citibank, N.A., Tokyo Branch)
2.01%
Management
13 officers
Yoshinori YAMASHITA
Director, Chairman; Nominating Committee Member
Mar 1980 Joined the Company Feb 1995 General Manager, General Affairs, RICOH UK PRODUCTS LTD. Apr 2008 President, RICOH ELECTRONICS, INC. Apr 2010 Group Executive Officer, the Company Apr 2011 Managing Executive Officer; General Manager, Corporate Strategy Office, the Company Jun 2012 Director and Senior Managing Executive Officer, the Company Apr 2014 General Manager, Business Solutions Business Division, the Company Apr 2015 In charge of Core Business, the Company Jun 2016 Vice President and Executive Officer, the Company Apr 2017 Representative Director, President and Executive Officer; CEO (Chief Executive Officer), the Company Apr 2020 CHRO (Chief Human Resource Officer), the Company Apr 2021 Vice Chairman, Japan Association of Corporate Executives (Keizai Doyukai) Apr 2023 Representative Director, Chairman, the Company Jun 2024 Outside Director, Nomura Real Estate Holdings, Inc. (current); Outside Director, Asahi Kasei Corporation (current) Mar 2025 Outside Director, Kubota Corporation (current) Apr 2025 Director, Chairman, the Company (current) Jun 2026 Councilor and Vice Chairman, Japan Business Federation (Keidanren) (current)
1957-08-22
Akira OYAMA
Representative Director, CEO
Jul 1986 Joined the Company Apr 2011 President and COO (Chief Operating Officer), RICOH EUROPE PLC Aug 2012 Group Executive Officer and General Manager, European Sales Business Division, the Company; CEO, RICOH EUROPE PLC; Chairman, RICOH EUROPE B.V. Apr 2014 Managing Executive Officer and General Manager, Corporate Administration Division, the Company Apr 2015 President, RICOH AMERICAS HOLDINGS, INC. Jun 2015 Director, the Company Sep 2015 General Manager, New Business Development Division, the Company Jun 2016 Senior Managing Executive Officer, the Company Apr 2017 CFO (Chief Financial Officer); Head of CEO Office, the Company Apr 2018 General Manager, Sales Division, the Company Apr 2019 CMO (Chief Marketing Officer), the Company Apr 2020 General Manager, Workplace Solutions Business Division, the Company Apr 2021 Senior Managing Executive Officer, Corporate, the Company; President, Ricoh Digital Services Business Unit Jun 2021 Director, the Company Apr 2022 Chairman, Ricoh Japan Corporation Apr 2023 Representative Director (current); President and Executive Officer (current); CEO (Chief Executive Officer) (current), the Company CTO (Chief Technology Officer) (current), the Company
1961-01-06
Shun KAWAGUCHI
Director, CFO
Mar 1986 Joined the Company Jul 2004 General Manager, Accounting Department, Accounting Division, the Company May 2007 CFO (Chief Financial Officer), INFOPRINT SOLUTIONS LLC Aug 2010 Senior Vice President, RICOH AMERICAS HOLDINGS, INC. Oct 2015 General Manager, Planning Department, Global Capital Management Support Center, Corporate Division, the Company Apr 2018 General Manager, Finance Department, Accounting & Legal Division, the Company; Head of CEO Office Oct 2018 Executive Officer and General Manager, Management Administration Division, Ricoh Leasing Company, Ltd. Jan 2019 Managing Executive Officer and General Manager, Management Administration Division, Ricoh Leasing Company, Ltd. Jun 2019 Director, Ricoh Leasing Company, Ltd. Apr 2020 Director and Senior Managing Executive Officer, Ricoh Leasing Company, Ltd. Jun 2021 General Manager, Finance Division, the Company; Head of Accounting Center, Professional Services Department, the Company; Chairman and President, RICOH AMERICAS HOLDINGS, INC. Apr 2022 Corporate Executive Officer and CFO (Chief Financial Officer), the Company (current) Apr 2023 Corporate Senior Managing Executive Officer, the Company (current) Jun 2023 Director, the Company (current)
1963-01-29
Sadafumi TANI
Director; Nominating Committee Member; Chairman of Compensation Committee
Apr 1977 Joined Jiji Press, Ltd. Apr 1988 Correspondent, Washington Bureau, Jiji Press, Ltd. Dec 2001 Chief, Economics Desk, Editorial Bureau, Jiji Press, Ltd. Jun 2004 Chief, Kobe Bureau, Jiji Press, Ltd. Jun 2006 Chief, Editorial Bureau, Jiji Press, Ltd. Jun 2009 Chief, General Affairs Bureau, Jiji Press, Ltd. Jan 2010 Head of President's Office, Jiji Press, Ltd. Jun 2010 Director, Jiji Press, Ltd. Jul 2010 Director; Chief, Editorial Bureau, Jiji Press, Ltd. Jun 2013 Managing Director, Jiji Press, Ltd. Mar 2016 Director, Nippon.com (formerly a general incorporated foundation; now a public interest incorporated foundation) May 2016 Audit & Supervisory Board Member, Quants Research Inc. Jun 2016 Managing Director, Nippon.com; Chief, Editorial Bureau Jun 2021 Outside Director, the Company (current) May 2022 Advisor and Visiting Researcher, Jiji Sogo Kenkyusho, Ltd. (current) Jun 2024 Advisor, Nippon.com Foundation
1954-09-15
Kazuhiko ISHIMURA
Director; Lead Outside Director; Nominating Committee Member; Compensation Committee Member
Apr 1979 Joined Asahi Glass Co., Ltd. (now AGC Inc.) Jan 2006 Executive Officer and General Manager, Kansai Plant, Asahi Glass Co., Ltd. Jan 2007 Senior Executive Officer and General Manager, Electronics & Energy Business Division, Asahi Glass Co., Ltd. Mar 2008 Representative Director, President and COO (Chief Operating Officer), Asahi Glass Co., Ltd. Jan 2010 Representative Director, President and CEO (Chief Executive Officer), Asahi Glass Co., Ltd. Jan 2015 Representative Director, Chairman, Asahi Glass Co., Ltd. Jun 2015 Outside Director, TDK Corporation Jun 2017 Outside Director, IHI Corporation Jan 2018 Director, Chairman, Asahi Glass Co., Ltd. (now AGC Inc.) Apr 2018 Vice Chairman, Japan Association of Corporate Executives (Keizai Doyukai) Jun 2018 Outside Director, Nomura Holdings, Inc. Mar 2020 Director, AGC Inc. Apr 2020 President, National Institute of Advanced Industrial Science and Technology (AIST) Apr 2021 President and COO (Chief Operating Officer), AIST (current) Jun 2022 Outside Director, the Company (current)
1954-09-18
Shigenao ISHIGURO
Director; Chairman of Nominating Committee; Compensation Committee Member
Jan 1982 Joined Tokyo Denki Kagaku Kogyo Co., Ltd. (now TDK Corporation) Apr 2002 Senior Manager, Business Planning, European Sales, Recording Media & Solutions Business Group, TDK Corporation Apr 2011 Deputy General Manager, Head Business Group, TDK Corporation Jun 2012 General Manager, Head Business Group, TDK Corporation Jun 2014 Executive Officer, TDK Corporation Apr 2015 CEO, Magnetic Head & Sensor Business Company, TDK Corporation Jun 2015 Managing Executive Officer, TDK Corporation Jun 2016 Representative Director, President, TDK Corporation Apr 2022 Representative Director, Chairman, TDK Corporation Jun 2022 Director, Chairman, TDK Corporation; Outside Director, NTT DATA Corporation (now NTT DATA Group Corporation) Jun 2023 Outside Director, the Company (current) Jun 2026 Outside Director, Kurita Water Industries Ltd. (scheduled to assume office)
1957-10-30
Yoko TAKEDA
Director; Nominating Committee Member; Compensation Committee Member
Apr 1994 Joined Bank of Japan Apr 2009 Joined Mitsubishi Research Institute, Inc. Apr 2012 Senior Researcher and Chief Economist, Policy & Economics Research Center, Mitsubishi Research Institute, Inc. Oct 2015 Deputy Director, Policy & Economics Research Center, Mitsubishi Research Institute, Inc. Oct 2017 Director, Policy & Economics Research Center, Mitsubishi Research Institute, Inc. Oct 2020 Deputy Head, Think Tank Division; Director, Policy & Economics Research Center, Mitsubishi Research Institute, Inc. Dec 2021 Research Fellow; Deputy Head, Think Tank Division; Director, Policy & Economics Research Center, Mitsubishi Research Institute, Inc. Oct 2022 Research Fellow; Deputy Head, Think Tank Division; Head, Think Tank Division Office; Director, Policy & Economics Research Center, Mitsubishi Research Institute, Inc. Jun 2023 Outside Director, the Company (current); Outside Director, FANUC Corporation (current) Oct 2023 Executive Officer, Research Fellow and Head of Think Tank Division, Mitsubishi Research Institute, Inc. Oct 2025 Managing Research Fellow, Mitsubishi Research Institute, Inc. (current)
1971-04-13
Reiko HAYASHI
Director
Apr 1987 Joined Citibank, N.A. Dec 1989 Joined BNP Paribas Securities Co., Ltd. Apr 2000 Joined Merrill Lynch Japan Securities Co., Ltd. (now BofA Securities Japan Co., Ltd.) Aug 2011 General Manager, Debt Capital Markets Department, Merrill Lynch Japan Securities Co., Ltd. Oct 2014 Head of Capital Markets Division, Merrill Lynch Japan Securities Co., Ltd. Apr 2019 Director and Vice President, BofA Securities Japan Co., Ltd.
Shinji SATO
Audit and Supervisory Board Member (Full-time)
Apr 1983 Joined Mitsui & Co., Ltd. May 2010 Representative Director, President, Mitsui & Co. Financial Management, Ltd. Apr 2012 CFO, Asia & Oceania Division, Mitsui & Co., Ltd.; Senior Vice President, Mitsui & Co. (Asia & Oceania) Apr 2015 Inspector, Internal Audit Division, Mitsui & Co., Ltd. Dec 2017 Joined the Company as Advisor Apr 2018 Executive Officer in charge of Finance; General Manager, Accounting & Legal Division, the Company; President, RICOH AMERICAS HOLDINGS, Inc. Jun 2019 Outside Director, Ricoh Leasing Company, Ltd. Apr 2020 General Manager, Accounting Division, the Company Apr 2021 General Manager, Finance Division, the Company Jun 2021 Audit and Supervisory Board Member (Full-time), the Company (current)
1960-05-02
Kazuo NISHIMIYA
Audit and Supervisory Board Member (Full-time)
Mar 1983 Joined the Company Oct 2004 Head of Production Planning Office, Production Control Center, Production Division, the Company Jan 2007 President, RICOH INDUSTRIE FRANCE S.A.S. Feb 2010 Deputy President, Electrical Unit Company, the Company Apr 2010 President, Electrical Unit Company, the Company Apr 2011 Executive Officer, the Company Apr 2014 General Manager, Global Procurement Division, the Company Apr 2015 Managing Executive Officer, the Company Apr 2017 Deputy General Manager, Production Division, the Company Apr 2018 General Manager, Production Division and General Manager, CT&P Division, the Company Apr 2021 Corporate Executive Officer and General Manager, Professional Services Department, the Company Apr 2024 Advisor, the Company Jun 2024 Audit and Supervisory Board Member (Full-time), the Company (current)
1960-08-22
Hiroshi OTA
Audit and Supervisory Board Member (Part-time)
Apr 2001 Civil Affairs Bureau, Ministry of Justice (Commercial Law Group, Secretariat of the Legislative Council) Jan 2003 Partner, Nishimura & Asahi (formerly Nishimura Tokiwa Law Office) (current) Jun 2005 Outside Audit & Supervisory Board Member, Culture Convenience Club Co., Ltd. Jun 2005 Outside Director, Denki Kogyo Co., Ltd. May 2012 Director, Japan Association of Corporate Directors (current) Apr 2013 Professor, Graduate School of Law and Politics, The University of Tokyo Jun 2013 Councilor, Lotte Foundation (current) Jul 2014 Vice Chair, Corporate Governance Committee, Japan Association of Corporate Directors (current) Jun 2016 Outside Director, Nippon Kayaku Co., Ltd. Jun 2017 Outside Audit & Supervisory Board Member, the Company (current)
1967-10-03
Kunimasa SUZUKI
Audit and Supervisory Board Member (Part-time)
Apr 1984 Joined Sony Corporation (now Sony Group Corporation) Mar 1994 CEO, Sony Argentina S.A. Jan 2006 Deputy General Manager, VAIO Business Group, Sony Corporation Apr 2008 Executive Vice President, Sony Electronics Inc. (USA) Apr 2009 Executive Officer and Senior Vice President, Sony Corporation; Vice President, Sony Computer Entertainment Inc.; General Manager, VAIO Business Group, Sony Corporation Apr 2012 Executive Officer and Executive Vice President, Sony Corporation; President and CEO, Sony Mobile Communications Inc. Apr 2014 Executive Vice President, Sony Entertainment Inc. (USA) Nov 2018 President and Representative Director, Intel K.K. Jun 2023 Outside Director, JTB Corp. (current) Apr 2024 Chairman, Semiconductor Back-End Process Automation and Standardization Technology Research Association (current) Jun 2024 Chairman and Representative Director, Intel K.K.; Outside Audit and Supervisory Board Member, the Company (current) Jan 2025 Senior Advisor, Apollo Global Management, Inc. (current) Jun 2026 Outside Director, HAKUHODO DY Holdings Inc. (scheduled); Outside Director, Fujitsu Limited (scheduled)
1960-08-07
Toshihiro OTSUKA
Audit and Supervisory Board Member (Part-time)
Oct 1987 Joined Minato Audit Corporation (now KPMG Japan) Mar 1991 Registered as Certified Public Accountant (current) Jul 1991 Assigned to KPMG LLP (UK) Jul 2003 Representative Partner, Azsa & Co. (now Azsa LLC) Jul 2017 Managing Partner, Azsa LLC; Head of HR, KPMG Japan Jul 2019 Managing Partner (Execution, Head of Tokyo Office, Accounting), Azsa LLC; CFO (Chief Financial Officer), KPMG Japan Jul 2021 Managing Partner (Quality Control, Risk Management), Azsa LLC; Head of Audit, KPMG Japan Jun 2024 Outside Audit and Supervisory Board Member, the Company (current) Jun 2025 Outside Director, Audit and Supervisory Committee Member, Mizuho Bank, Ltd. (current) Jun 2026 Outside Director, Mitsubishi Chemical Group Corporation (scheduled)
1960-12-02
Large Shareholding Reports
Amova Asset Management Co., Ltd.
2026-07-22
2.33%→2.12%
Effissimo Capital Management Pte Ltd
2026-06-15
24.77%→24.77%
Effissimo Capital Management Pte Ltd
2026-06-10
24.77%→24.77%
Effissimo Capital Management Pte Ltd
2026-03-06
24.77%→24.77%
Effissimo Capital Management Pte Ltd
2026-02-27
23.88%→24.77%
BlackRock Japan Co., Ltd.
2025-12-03
1.50%
Nomura Asset Management Co., Ltd.
2025-10-22
4.69%→4.51%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-19
2.72%→2.80%
Nomura Asset Management Co., Ltd.
2025-09-05
4.69%
Sumitomo Mitsui Trust Asset Management Co., Ltd.
2025-09-04
2.58%→2.72%
BlackRock Japan Co., Ltd.
2025-09-03
1.82%→1.73%
Effissimo Capital Management Pte. Ltd.
2025-07-02
22.82%→23.88%
Effissimo Capital Management Pte. Ltd.
2025-05-02
21.71%→22.82%
Effissimo Capital Management Pte. Ltd.
2025-04-10
20.92%→21.71%
Effissimo Capital Management Pte. Ltd.
2025-02-07
19.50%→20.92%
Effissimo Capital Management Pte. Ltd.
2024-10-09
18.14%→19.50%
Effissimo Capital Management Pte. Ltd.
2024-09-19
17.01%→18.14%
Effissimo Capital Management Pte. Ltd.
2024-09-06
15.92%→17.01%
Effissimo Capital Management Pte. Ltd.
2024-08-19
14.69%→15.92%
Effissimo Capital Management Pte. Ltd.
2024-03-22
15.03%→14.69%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-03
Q1 Earnings Flash
FY ending Mar 2027
EDINET
2026-07-22
Large Shareholding Report
EDINET
2026-06-16
Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2026-06-15
Large Shareholding Report
EDINET
2026-06-10
Large Shareholding Report
TDnet
2026-05-26
株主総会招集通知
EDINET
2026-03-06
Large Shareholding Report
EDINET
2026-02-27
Large Shareholding Report
TDnet
2026-02-05
Q3 Earnings Flash
FY ending Mar 2026
EDINET
2025-12-03
Large Shareholding Report
EDINET
2025-11-13
Semi-Annual Securities Report
Period: Apr 2025 – Mar 2026
EDINET
2025-10-22
Large Shareholding Report
EDINET
2025-09-19
Large Shareholding Report
EDINET
2025-09-05
Large Shareholding Report
EDINET
2025-09-04
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2025-09-03
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TDnet
2025-08-07
Q1 Earnings Flash
FY ending Mar 2026
EDINET
2025-07-02
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EDINET
2025-06-20
Annual Securities Report
Period: Apr 2024 – Mar 2025
EDINET
2025-05-02
Large Shareholding Report
EDINET
2025-04-10
Large Shareholding Report
TDnet
2025-02-13
Q3 Earnings Flash
FY ending Mar 2025
EDINET
2025-02-07
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EDINET
2024-11-12
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Period: Apr 2024 – Mar 2025
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TDnet
2024-08-06
Q1 Earnings Flash
FY ending Mar 2025
EDINET
2024-06-21
Annual Securities Report
Period: Apr 2023 – Mar 2024
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