The Recycler
  • Ninestar June 2022 Masthead Banner
  • Static Control June 2022 Masthead Ad
  • Katun March Web Advert 2021
  • Biuromax Web banner June 2022
  • ECS Web ad March 2022

Ricoh sees recovery in printing segment

Ricoh sees recovery in printing segment

May 10, 2022

Ricoh has published its latest consolidated financial results, seeing increased sales of 4.5% year-on-year.

Ricoh explained in its financials that although the office printing and commercial printing businesses continued to be affected by the COVID-19 pandemic that has been ongoing since the year before last, there was a recovery trend, mainly in non-hardware.

Consolidated sales for the fiscal year 2021 increased by 4.5% from the previous year, to ¥1,758.5 billion ($13.52 billion/ €12.82 billion). Gross profit increased by 8.8%, to ¥622.6 billion ($4.79 billion/ €4.54 billion).

In the office printing business, non-hardware sales rose everywhere except Japan. “This was despite a delay in recovery of sales of edge devices owing to product supply shortages. The office services business suffered from shortages of MFPs and IT products, which are components of services,” Ricoh said.

In Europe, Middle East, and Africa, Ricoh saw sales increased by 14.4% year-on-year and in Americas sales increased by 14.8% year-on-year.

Categories : City News

Tags : Business Financials OEM Ricoh Sales

  • GM Technology June 2022 Web ad
  • Mito Big & Bold Web ad May 2022
  • GPI Web ad June 2022
  • Static Control June 2022 Big & Bold Ad
  • Apex UStation web banner
  • IR Italiana Web ad January 2021
  • Aster Big & Bold Web ad May 2022
  • HYB Web banner
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • PCL Web ad January 2021
  • CTS New Ad March 2022
  • Zhono web ad May 2022
  • Zhono web ad May 2022
  • PCL Web ad January 2021
  • HYB Web banner
  • CET June 2022 Web ad
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • HYB Web banner
  • CET June 2022 Web ad
  • Zhono web ad May 2022
  • PCL Web ad January 2021

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2021 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark

The Recycler Subscribe Web ad January 2021
The Recycler Subscribe Web ad January 2021