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

Ricoh set to complete PFU acquisition

Ricoh set to complete PFU acquisition

August 23, 2022

In April 2022 Ricoh announced the acquisition of 80% of the shares of PFU and make it a subsidiary of the Company.

At the time, Ricoh said that through this share acquisition, it intends to achieve an expansion of Ricoh’s unique Digital Services to support customers’ document workflow innovation.

Ricoh aims to expand its recurring revenue business by offering a combination of distinctive edge devices, business applications, and cloud platforms that enable the handling of special documents that are difficult to handle with existing MFPs (Multifunction Printers). This includes documents such as “unequal sized slips and forms,” “non-carbon paper application forms,” and “driver’s licenses and ID cards,” which are generated in accounting, application, and teller window operations.

Ricoh said it will expand its business by enhancing business scanners in offices and areas where more advanced and continuous document volumes are expected, such as teller window operations at medical and public institutions and document processing operations in financial institutions and corporation back offices.

On August 23rd, Ricoh announced that after initial delays announced in June, the share acquisition agreement has now been concluded for Ricoh to acquire 80% of PFU shares. The company added that it has received a notice from the Japan Fair Trade Commission that it will not issue a cease and desist order.

Categories : City News

Tags : Business PFU Ricoh Share Acquisition Subsidiary

  • Apex Web Ad September 2022
  • GM Tech Web ad September 2022
  • Static Control June 2022 Big & Bold Ad
  • Aster October 2022 Bog & Bold
  • IR Italiana Web ad January 2021
  • October 2022 Big & Bold GPI
  • Mito Web Ad September 2022
  • Ink Tank October 2022 Big & Bold
  • PCL Web ad January 2021
  • HYB Web banner
  • Zhono Web Ad October 2022
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • CTS New Ad March 2022
  • Zhono Web Ad October 2022
  • ITP Web ad January 2021
  • CET June 2022 Web ad
  • PCL Web ad January 2021
  • HYB Web banner
  • CTS New Ad March 2022
  • PCL Web ad January 2021
  • CET June 2022 Web ad
  • Zhono Web Ad October 2022
  • CTS New Ad March 2022
  • HYB Web banner
  • ITP 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