Ricoh Company, Ltd. INTERIM REPORT -APPENDIX- (Half year ended September 30, 2001) 1. Quarterly Performance Outline (Consolidated) 1st Quarter ended Change 2nd Quarter ended Change June 30, ’01 (%) September 30, ’01 (%) Net sales (billions of yen)................................................................ Gross profit (billions of yen)........................................................... Operating income (billions of yen) .................................................. Income before income taxes (billions of yen)................................... Net income (billions of yen) ............................................................ Interim (net) income per share (yen) ............................................... Capital expenditure (billions of yen) ............................................... Depreciation for tangible fixed assets (billions of yen).................... R&D expenditure (billions of yen) .................................................. Interest income (expenses) net (billions of yen).............................. Exchange rate (US$)......................................................................... Exchange rate (EURO)..................................................................... 411.9 174.0 31.6 27.1 14.8 21.47 17.9 15.1 17.8 -1.2 122.60 107.25 12.2 17.3 20.6 17.3 17.9 - 408.1 167.8 28.2 25.3 13.5 19.50 21.8 17.9 22.0 -0.3 121.72 108.32 10.9 15.3 13.5 10.2 2.6 - 2. Quarterly Sales by Product Line (Consolidated) 1Q ended Copiers and Related Supplies ............................. Domestic....................................................... Overseas ....................................................... Communications and Information Systems ........ Domestic....................................................... Overseas ....................................................... Other Businesses ................................................ Domestic....................................................... Overseas ....................................................... Total.................................................................... Domestic....................................................... Overseas ....................................................... The Americas................................................ Europe.......................................................... Other............................................................. Reference: Exchange rate US$ 1.... ............................ EURO 1 ............................ 1st Quarter ended June 30, ’01 ¥ 122.60 ¥107.25 Change Excluding June 30, ’01 (%) exchange rate effect (%) 261.0 120.7 140.3 106.9 72.2 34.7 43.9 35.7 8.1 411.9 228.7 183.2 79.8 76.1 27.1 17.5 1.5 35.8 10.0 7.4 15.9 -8.1 -10.5 4.5 12.2 1.1 29.9 44.0 25.1 9.7 11.7 1.5 23.4 7.5 7.4 7.5 -8.8 -10.5 0.2 7.9 1.1 18.8 25.6 18.6 3.9 2Q ended Sept. 30, ’01 249.6 109.6 139.9 111.8 76.7 35.1 46.5 37.6 8.9 408.1 223.9 184.1 82.7 71.9 29.3 Change Excluding (%) exchange rate effect (%) 18.4 1.8 35.7 10.7 -0.2 45.2 -17.0 -17.2 -16.1 10.9 -2.6 33.3 45.1 27.8 18.8 2nd Quarter ended Sept. 30, ’01 ¥ 121.72 ¥ 108.32 -1- Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001 11.7 1.8 22.1 7.9 -0.2 33.7 -17.9 -17.2 -20.9 6.2 -2.6 20.8 28.3 16.8 12.3 3. Quarterly Sales by Product Category (Consolidated) (billions of yen) 1Q ended Change Change excluding 2Q ended Change Change excluding June 30, ’01 (%) exchange rate effect (%) Sept. 30, ’01 (%) exchange rate effect (%) <Office Equipment> Imaging Solutions................................................ 231.6 7.0 2.0 226.6 10.1 Domestic .................................................... 109.1 -4.6 -4.6 94.9 -12.1 Overseas .................................................... 122.4 20.1 9.5 131.7 34.6 Digital Imaging Systems...................... 155.1 10.3 5.6 156.7 16.6 Domestic..................................... 81.2 0.2 0.2 71.2 -10.3 Overseas...................................... 73.9 24.0 12.9 85.5 55.5 Other Imaging Systems ....................... 76.4 1.0 -4.6 69.8 -2.2 Domestic..................................... 27.9 -16.4 -16.4 23.6 -17.2 Overseas...................................... 48.5 14.6 4.7 46.2 7.8 Networking input/output systems ..................... 87.6 57.3 49.3 80.6 52.4 Domestic .................................................... 35.4 39.5 39.5 37.8 54.0 Overseas .................................................... 52.1 72.2 57.6 42.8 51.1 Printing Systems ................................. 77.4 64.6 55.6 70.9 66.2 Domestic..................................... 31.4 43.2 43.2 34.4 72.3 Overseas...................................... 45.9 83.2 66.4 36.5 60.8 Other Input/Output Systems ............. 10.1 17.8 15.2 9.7 -5.0 Domestic..................................... 3.9 15.9 15.9 3.3 -25.8 Overseas...................................... 6.1 19.0 14.8 6.3 11.9 Network System Solutions................................. 48.7 3.0 3.0 54.1 1.9 Domestic .................................................... 48.3 4.4 4.4 53.6 3.1 Overseas .................................................... 0.4 -60.3 -60.8 0.5 -51.9 Office Equipment Total...................................... 368.0 15.2 10.4 361.5 15.9 Domestic .................................................... 193.0 3.6 3.6 186.3 1.0 Overseas .................................................... 175.0 31.4 19.9 175.1 37.5 <Other Businesses>............................................ 43.9 -8.1 -8.8 46.5 -17.0 Domestic .................................................... 35.7 -10.5 -10.5 37.6 -17.2 Overseas .................................................... 8.1 4.5 0.2 8.9 -16.1 Grand Total .................................................... 411.9 12.2 7.9 408.1 10.9 Domestic .................................................... 228.7 1.1 1.1 223.9 -2.6 Overseas .................................................... 183.2 29.9 18.8 184.1 33.3 The Americas................................................ 79.8 44.0 25.6 82.7 45.1 Europe .................................................... 76.1 25.1 18.6 71.9 27.8 Other .................................................... 27.1 9.7 3.9 29.3 18.8 Each category includes the following products: Digital Imaging Systems...................... Digital PPCs, color PPCs, digital duplicators, facsimile machines, related supplies and services Other Imaging Systems ....................... Analog PPCs, diazo copiers, and related supplies including thermal paper, and services Printing Systems ................................ Multifunctional printers(MFPs), laser printers, related supplies, services and software Other Input/Output Systems ............. Optical discs and system scanners Network System Solutions................. Personal computers, PC servers, network systems, network related software, And service/support Other Businesses ................................ Digital cameras, analog cameras, semiconductors Reference: Exchange rate US$ 1.... ............................ EURO 1 ............................ 1st Quarter ended June 30, ‘01 ¥ 122.60 ¥107.25 2nd Quarter ended Sept. 30, ’01 ¥ 121.72 ¥ 108.32 -2- Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001 3.7 -12.1 21.2 10.2 -10.3 39.8 -8.5 -17.2 -2.7 45.5 54.0 38.2 58.1 72.3 45.6 -6.9 -25.8 8.4 1.9 3.1 -54.8 10.5 1.0 24.3 -17.9 -17.2 -20.9 6.2 -2.6 20.8 28.3 16.8 12.3 4. Performance Outline (Consolidated) Net sales (billions of yen) (% change from the previous corresponding period). Gross profit (billions of yen) (% change from the previous corresponding period). Operating income (billions of yen) (% change from the previous corresponding period). Income before income taxes (billions of yen) (% change from the previous corresponding period). Interim (net) income (billions of yen) (% change from the previous corresponding period) Interim (net) income per share (yen) Capital expenditure (billions of yen) Depreciation for tangible fixed assets (billions of yen) R&D expenditure (billions of yen) Interest income (expenses) net (billions of yen) Exchange rate (US$) Exchange rate (EURO) Year ended Half year ended 2nd half year Mar. 31, ’01 Sept. 30, ’01 endedMar. 31, ’02 Mar. 31, ’02 (Forecast) (Forecast) 849.9 5.8 343.1 7.4 60.0 11.4 55.4 7.5 30.5 11.6 44.09 40.1 34.8 39.5 -1.3 115.00 105.00 1,670.0 8.6 685.0 11.7 120.0 14.2 108.0 10.5 59.0 10.8 85.03 80.0 68.0 79.5 -3.0 118.58 106.40 1,538.2 820.0 11.5 341.8 16.3 59.9 17.1 52.5 13.8 28.4 10.1 40.97 39.8 33.1 39.9 -1.6 122.16 107.79 613.3 105.1 97.7 53.2 76.85 73.3 62.1 78.2 0.2 110.60 100.41 5. Sales by Product Line (Consolidated) Half year ended Sept. 30, ’01 Copiers and Related Supplies (% change) Domestic (% change) Overseas (% change) Communications and Information Systems (% change) Domestic (% change) Overseas (% change) Other Businesses (% change) Domestic (% change) Overseas (% change) Total (% change) Domestic (% change) Overseas (% change) The Americas (% change) Europe (% change) Other (% change) Reference: Exchange rate US$ 1.... ............................ EURO 1 ............................ 510.6 230.3 280.3 218.8 149.0 69.8 90.5 73.3 17.1 820.0 452.7 367.3 162.6 148.1 56.5 2nd half year ended Mar. 31, ’01 ¥ 113.97 ¥ 102.19 Year ended (Billions of yen) 2nd half year 2nd half year Year ended ended Mar. 31, ’02 ended Mar. 31, ’02 Mar. 31, ’02 (Forecast) (exc. Exchange rate effect) (Forecast) (Forecast) Year ended Mar. 31, ’02 (exc. Exchange rate effect) (Forecast) 526.3 9.1 243.6 1.0 282.6 17.3 521.4 8.1 243.6 1.0 277.7 15.3 1,037.0 13.3 474.0 1.3 563.0 25.8 1,005.2 9.8 474.0 1.3 531.2 18.7 229.1 1.9 151.9 -2.9 77.1 13.1 94.4 -1.6 76.6 0.3 17.8 -8.8 849.9 5.8 472.2 -0.4 377.6 14.9 165.3 17.9 149.8 15.0 62.4 7.3 227.8 1.4 151.9 -2.9 75.8 11.2 94.1 -1.9 76.6 0.3 17.4 -10.6 843.3 5.0 472.2 -0.4 371.1 12.9 163.8 16.9 145.0 11.3 62.1 6.9 448.0 5.9 301.0 0.1 147.0 20.1 185.0 -7.4 150.0 -7.3 35.0 -8.1 1,670.0 8.6 925.0 -0.6 745.0 22.6 328.0 29.8 298.0 20.4 119.0 10.5 441.4 4.3 301.0 0.1 140.4 14.7 183.8 -8.0 150.0 -7.3 33.8 -11.3 1,630.4 6.0 925.0 -0.6 705.4 16.1 306.7 21.4 283.0 14.4 115.7 7.4 2nd half year ended Mar. 31, ’02 Year ended Mar. 31, ’02 Yearended Mar. 31, ’01 ¥ 110.60 ¥ 100.41 -3- Half Year ended Sept. 30, ’ 01 ¥ 122.16 ¥ 107.79 ¥ 115.00 ¥ 105.00 ¥ 118.58 ¥ 106.40 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001 6. Sales by Product Category (Consolidated) (Billions of yen) Half year ended 2nd half year 2nd half year Year ended Sept. 30, ’01 ended Mar. 31, ’02 ended Mar. 31, ’02 Mar. 31, ’02 Mar. 31, ’02 (Forecast) (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) Year ended (Forecast) <Office Equipment> Imaging Solutions...................................... 458.3 459.6 464.0 918.0 889.6 Domestic .......................................... 204.1 200.8 200.8 405.0 405.0 Overseas .......................................... 254.2 258.7 263.1 513.0 484.6 Digital Imaging Systems............ 311.9 318.0 320.7 630.0 612.0 Domestic........................... 152.5 154.4 154.4 307.0 307.0 Overseas............................ 159.4 163.5 166.2 323.0 305.0 Other Imaging Systems ............. 146.3 141.6 143.3 288.0 277.6 Domestic........................... 51.5 46.4 46.4 98.0 98.0 Overseas............................ 94.7 95.2 96.8 190.0 179.6 Networking input/output systems ........... 168.3 186.6 188.4 355.0 345.1 Domestic .......................................... 73.2 86.7 86.7 160.0 160.0 Overseas .......................................... 95.0 99.9 101.7 195.0 185.1 Printing Systems ....................... 148.4 163.5 165.1 312.0 302.8 Domestic........................... 65.9 78.1 78.1 144.0 144.0 Overseas............................ 82.5 85.4 87.0 168.0 158.8 Other Input/Output Systems ... 19.8 23.1 23.3 43.0 42.3 Domestic........................... 7.3 8.6 8.6 16.0 16.0 Overseas............................ 12.5 14.4 14.7 27.0 26.3 Network System Solutions....................... 102.9 109.0 109.0 212.0 211.9 Domestic .......................................... 102.0 107.9 107.9 210.0 210.0 Overseas .......................................... 0.9 1.0 1.0 2.0 1.9 Office Equipment Total............................ 729.5 755.4 761.6 1,485.0 1,446.6 Domestic .......................................... 379.4 395.6 395.6 775.0 775.0 Overseas .......................................... 350.1 359.8 366.0 710.0 671.6 <Other Businesses>.................................. 90.5 94.4 94.8 185.0 183.8 Domestic .......................................... 73.3 76.6 76.6 150.0 150.0 Overseas .......................................... 17.1 17.8 18.1 35.0 33.8 Grand Total .......................................... 820.0 849.9 856.4 1,670.0 1,630.4 Domestic .......................................... 452.7 472.2 472.2 925.0 925.0 Overseas .......................................... 367.3 377.6 384.1 745.0 705.4 The Americas...................................... 162.6 165.3 163.8 328.0 306.7 Europe .......................................... 148.1 149.8 145.0 298.0 283.0 Other .......................................... 56.5 62.4 62.1 119.0 115.7 Each category includes the following products Digital Imaging Systems...................... Digital PPCs, color PPCs, digital duplicators, facsimile machines, related supplies and services Other Imaging Systems ....................... Analog PPCs, diazo copiers, and related supplies including thermal paper, and services Printing Systems ................................ Multifunctional printers(MFPs), laser printers, related supplies, services and software Other Input/Output Systems ............. Optical discs and system scanners Network System Solutions................. Personal computers, PC servers, network systems, network related software, And service/support Other Businesses ................................ Digital cameras, analog cameras, semiconductors Reference: Exchange rate US$ 1.... ............................ EURO 1 ............................ 2nd half year ended Mar. 31, ’01 ¥ 113.97 ¥ 102.19 Yearended Mar. 31, ’01 ¥ 110.60 ¥ 100.41 -4- Half Year ended Sept. 30, ’ 01 ¥ 122.16 ¥ 107.79 2nd half year ended Mar. 31, ’02 ¥ 115.00 ¥ 105.00 Year ended Mar. 31, ’02 ¥ 118.58 ¥ 106.40 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001 7. Performance Outline (Nonconsolidated) Net sales (billions of yen).................................................... (% change from the previous corresponding period). Gross profit (billions of yen)................................................ (% change from the previous corresponding period). Operating income (billions of yen)...................................... (% change from the previous corresponding period).... Ordinary income (billions of yen)..........…………………. (% change from the previous corresponding period).... Interim (net) income (billions of yen))................................ (% change from the previous corresponding period).... Interim (net) income per share (yen)................................... Expenditure for plant and equipment (billions of yen).... Depreciation for tangible fixed assets (billions of yen)... R&D Expenditure (billions of yen).................................... Interest income (expenses) net (billions of yen)............. Exchange rate (US$).........................................................… Exchange rate (EURO).....................................................… Year ended Half year ended 2nd half year Mar. 31, ’01 Sept. 30, ’01 endedMar. 31, ’02 Mar. 31, ’02 (Forecast) (Forecast) 435.3 -1.4 130.5 3.2 33.4 9.9 32.6 -14.2 19.1 -14.1 27.54 12.3 11.8 37.8 2.4 115.00 105.00 860.0 0.5 262.0 6.0 66.0 8.8 65.0 -1.5 38.0 10.5 54.76 23.5 22.5 75.0 7.4 118.50 106.50 855.4 247.1 60.6 65.9 34.4 49.67 26.6 21.7 72.5 7.9 110.55 100.67 -5- 424.6 2.6 131.4 8.9 32.5 7.7 32.3 15.8 18.8 55.3 27.24 11.1 10.7 37.1 4.9 122.25 107.74 Year ended Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001 8. Sales by Product Line (Nonconsolidated) Half year ended Sept. 30, ’01 Copiers and Related Supplies (% change) Domestic (% change) Overseas (% change) Communications and Information Systems (% change) Domestic (% change) Overseas (% change) Photographic Equipment (% change) Domestic (% change) Overseas (% change) Other Businesses (% change) Domestic (% change) Overseas (% change) Total (% change) Domestic (% change) Overseas (% change) The Americas (% change) Europe (% change) Other (% change) Reference: Exchange rate US$ 1.... ............................ EURO 1 ............................ 285.9 155.9 129.9 113.1 86.1 26.9 3.9 2.5 1.3 21.7 16.7 4.9 424.6 261.4 163.1 67.2 66.0 29.8 2nd half year ended Mar. 31, ’01 ¥ 113.91 ¥ 102.83 (Billions of yen) 2nd half year 2nd half year ended Mar. 31, ’02 ended Mar. 31, ’02 (Forecast) (exc. Exchange rate effect) (Forecast) Year ended Mar. 31, ’02 (Forecast) Year ended Mar. 31, ’02 (exc. Exchange rate effect) (Forecast) 284.0 0.7 164.0 -1.2 120.0 3.4 288.8 2.4 164.0 -1.2 124.8 7.5 570.0 2.3 320.0 -2.0 250.0 8.5 564.3 1.3 320.0 -2.0 244.3 6.0 125.3 -0.6 100.8 0.0 24.5 -2.9 4.3 14.2 2.4 9.1 1.9 21.4 21.4 -27.2 16.2 -26.0 5.2 -30.7 435.3 -1.4 283.5 -2.6 151.8 0.8 62.2 -1.8 61.9 3.2 27.6 1.6 126.3 0.2 100.8 0.0 25.5 1.1 4.4 15.1 2.4 9.1 1.9 23.5 21.3 -27.5 16.2 -26.0 5.1 -31.9 441.0 -0.1 283.5 -2.6 157.4 4.6 66.2 4.7 62.8 4.8 28.3 4.1 238.5 0.9 187.0 2.0 51.5 -2.9 8.3 4.5 5.0 8.6 3.3 -1.1 43.2 -20.1 33.0 -19.8 10.2 -20.9 860.0 0.5 545.0 -1.9 315.0 5.1 129.5 0.9 128.0 5.0 57.5 16.0 237.5 0.5 187.0 2.0 50.5 -4.8 8.2 3.3 5.0 8.6 3.2 -4.1 42.8 -20.8 33.0 -19.8 9.8 -24.0 852.8 -0.3 545.0 -1.9 307.8 2.7 128.6 0.2 123.6 1.4 55.6 12.2 Yearended Mar. 31, ’01 ¥ 110.55 ¥ 100.67 -6- Half Year ended Sept. 30, ’ 01 ¥ 122.25 ¥ 107.74 2nd half year ended Mar. 31, ’02 ¥ 115.00 ¥ 105.00 Year ended Mar. 31, ’02 ¥ 118.50 ¥ 106.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001 9. Sales by Product Category (Nonconsolidated) (Billions of yen) Half year ended 2nd half year 2nd half year Year ended Sept. 30, ’01 ended Mar. 31, ’02 ended Mar. 31, ’02 Mar. 31, ’02 (Forecast) (exc. Exchange rate effect) (Forecast) Year ended Mar. 31, ’02 (exc. Exchange rate effect) (Forecast) (Forecast) <Office Equipment> Imaging Solutions...................................... 267.4 254.5 259.8 522.0 Domestic .......................................... 139.1 137.8 137.8 277.0 Overseas .......................................... 128.2 116.7 121.9 245.0 Digital Imaging Systems............ 215.4 209.5 214.3 425.0 Domestic........................... 97.4 100.5 100.5 198.0 Overseas............................ 118.0 108.9 113.8 227.0 Other Imaging Systems ............. 51.9 45.0 45.4 97.0 Domestic........................... 41.7 37.2 37.2 79.0 Overseas............................ 10.2 7.7 8.1 18.0 Networking input/output systems ........... 81.6 96.7 97.2 178.4 Domestic .......................................... 53.0 68.9 68.9 122.0 Overseas .......................................... 28.5 27.8 28.3 56.4 Printing Systems ....................... 63.3 74.6 75.2 138.0 Domestic........................... 45.1 58.8 58.8 104.0 Overseas............................ 18.1 15.8 16.4 34.0 Other Input/Output Systems ... 18.3 22.0 21.9 40.4 Domestic........................... 7.8 10.1 10.1 18.0 Overseas............................ 10.4 11.9 11.8 22.4 Network System Solutions....................... 49.9 58.1 58.1 108.1 Domestic .......................................... 49.8 58.1 58.1 108.0 Overseas .......................................... 0 0 0 0.1 Office Equipment Total............................ 399.0 409.4 415.2 808.5 Domestic .......................................... 242.1 264.8 264.8 507.0 Overseas .......................................... 156.9 144.5 150.3 301.5 <Other Businesses>.................................. 25.6 25.8 25.7 51.5 Domestic .......................................... 19.3 18.6 18.6 38.0 Overseas .......................................... 6.2 7.2 7.1 13.5 Grand Total .......................................... 424.6 435.3 441.0 860.0 Domestic .......................................... 261.4 283.5 283.5 545.0 Overseas .......................................... 163.1 151.8 157.4 315.0 The Americas...................................... 67.2 62.2 66.2 129.5 Europe .......................................... 66.0 61.9 62.8 128.0 Other .......................................... 29.8 27.6 28.3 57.5 Each category includes the following products: Digital Imaging Systems...................... Digital PPCs, color PPCs, digital duplicators, facsimile machines, related supplies and services Other Imaging Systems ....................... Analog PPCs, diazo copiers, and related supplies including thermal paper, and services Printing Systems ................................ Multifunctional printers(MFPs), laser printers, related supplies, services and software Other Input/Output Systems ............. Optical discs and system scanners Network System Solutions................. Personal computers, PC servers, network systems, network related software, And service/support Other Businesses ................................ Digital cameras, analog cameras, semiconductors Reference: Exchange rate US$ 1.... ............................ EURO 1 ............................ 2nd half year ended Mar. 31, ’01 ¥ 113.91 ¥ 102.83 Year ended Mar. 31, ’01 ¥ 110.55 ¥ 100.67 -7- Half Year ended Sept. 30, ’ 01 ¥ 122.25 ¥ 107.74 2nd half year ended Mar. 31, ’02 ¥ 115.00 ¥ 105.00 516.9 277.0 239.9 420.6 198.0 222.6 96.3 79.0 17.3 176.6 122.0 54.6 137.3 104.0 33.3 39.3 18.0 21.3 108.1 108.0 0.1 801.6 507.0 294.6 51.2 38.0 13.2 852.8 545.0 307.8 128.6 123.6 55.6 Year ended Mar. 31, ’02 ¥ 118.50 ¥ 106.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001 3. Calculation Information Where the Equity Method Is Applied to Ricoh’s Leasing Subsidiary The statements of income and the balance sheets below reflect the application of the equity method where Ricoh Leasing Company, Ltd., is excluded from the consolidated accounts. Statements of Income (Half Year ended September 30, 2001) (Billions of yen) Consolidated Net sales............................................................................................................... Gross profit ......................................................................................................... Operating income................................................................................................. Income before income taxes ................................................................................. Net income........................................................................................................... 820.0 341.8 59.9 52.5 28.4 Balance Sheets (Half Year ended September 30, 2001) Consolidated Current assets Fixed assets 772.2 940.8 923.1 546.0 Consolidated Short-term borrowings Other current Liabilities Other fixed liabilities Fixed liabilities Minority interest Shareholders’ investment 1,713.0 764.2 334.7 53.7 47.0 28.4 (Billions of yen) Equity Method Current assets Long-term borrowings Assets Equity Method 1,469.1 Liabilities and shareholders’ investment 288.5 420.2 708.7 260.1 113.5 373.6 49.3 581.3 1,713.0 Equity Method 145.1 509.1 654.2 93.5 112.7 206.2 27.4 581.3 1,469.1 Key Financial Ratios (Half Year ended September 30, 2001) Consolidated Change from Equity Method previous period Return on assets................................................................. Return on equity…………………………………………. Equity ratio……………………………………………….. Debt/Total assets………………………………………… Debt/Equity……… ……………………………………… Total assets turnover…………………………………….. 3.1% 5.0% 33.9% 32.0% 94.4% 0.48 -8- 0.1% point 0.3% point -1.5% points -1.0% point 1.2% points - Change from previous period 3.2% 5.0% 39.6% 16.2% 41.0% 0.52 -0.1% point 0.3% point -2.6% points 0.9% point 4.7% points - Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2001