Nikkei Asian Review
Ricoh refutes Nikkei restructuring claims
March 8, 2018
The OEM has issued a statement in response to an article published by Nikkei Asian Review about its “possible structural reforms”. In the article, Nikkei wrote that “Japan’s Ricoh plans to trim about 4,000 workers from its payrolls as soon as the coming fiscal year”, a number representing approximately 4 percent of the OEM’s global […]
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 […]
