Ikon

Speculation over “underperforming” Ricoh operations

February 23, 2018

A newspaper article has cast doubts over Ricoh’s financial position, although the OEM has rebutted it. The Nikkei Asian Review has reported that Ricoh is contemplating booking up to ¥100 billion ($936 million/€761 million) in impairment losses on what it calls its “underperforming North American operations.” These apparently include the American distributor Ikon Office Solutions, bought […]