April 28, 2004 RICOH COMPANY, LTD. Key Financial Figures(Consolidated) (Billions of yen) (Fiscal year ended) 1.Operating Results Net sales (change from the previous corresponding period) Domestic sales (change from the previous corresponding period) Overseas sales (change from the previous corresponding period) Overseas sales ratio Gross profit (change from the previous corresponding period) Percentage of net sales Operating income (change from the previous corresponding period) Percentage of net sales Income before income taxes (change from the previous corresponding period) Percentage of net sales Net income (change from the previous corresponding period) Percentage of net sales Net income per share-basic [yen] (change from the previous corresponding period) Exchange rate [yen/US$] [yen/EURO] ２．Sales by Category Imaging Solutions Network input/output systems Network system solutions Other Businesses ３．Sales by Geographic Area Japan The Americas Europe Other ４．Other ratios Mar.'01 1,538.2 6.3% 930.4 6.6% 607.8 5.9% 39.5% 613.3 5.8% 39.9% 105.1 18.2% 6.8% 97.7 38.9% 6.4% 53.2 27.0% 3.5% 76.85 26.8% 110.60 100.41 Mar.'01 867.0 261.8 209.5 199.8 Mar.'01 930.4 252.6 247.4 107.6 Mar.'01 Mar.'02 1,672.3 8.7% 902.6 -3.0% 769.6 26.6% 46.0% 699.9 14.1% 41.9% 129.6 23.4% 7.8% 113.9 16.6% 6.8% 61.6 15.8% 3.7% 88.27 14.9% 125.10 110.60 Mar.'02 934.1 344.2 206.9 186.9 Mar.'02 902.6 341.7 311.3 116.6 Mar.'02 (Six months ended) Mar.'03 1,738.3 3.9% 896.0 -0.7% 842.3 9.4% 48.5% 745.3 6.5% 42.9% 133.6 3.1% 7.7% 123.4 8.4% 7.1% 72.5 17.7% 4.2% 99.79 13.1% 121.96 121.00 Mar.'03 859.7 463.3 197.4 217.7 Mar.'03 896.0 343.9 354.4 143.9 Mar.'03 R&D Expenditure 78.2 80.7 83.5 R&D Expenditure / net sales 5.1% 4.8% 4.8% Interest and dividend income 8.0 4.7 3.7 Interest expense 7.7 8.2 6.8 Financial income(expenses)net 0.2 -3.4 -3.0 Interest coverage ratio(※) [times] 14.5 16.3 20.1 Depreciation for tangible fixed assets 62.1 73.7 69.5 Expenditure for plant and equipment 73.3 75.6 73.9 Liquidity at hand 137.8 205.5 200.4 Liquidity at hand/Averaged sales [months] 1.1 1.5 1.4 Inventories 176.3 162.1 146.0 Inventories/Averaged cost of sales [months] 2.3 2.0 1.8 Debt 538.9 561.4 484.6 Debt on total assets 31.6% 30.6% 25.7% Total assets 1,704.7 1,832.9 1,884.9 Income before income taxes on total assets 6.0% 6.4% 6.6% Shareholders' equity 556.7 633.0 657.5 Equity ratio 32.7% 34.5% 34.9% Return on equity 9.7% 10.4% 11.2% Number of employees(Japan)(thousand of people) 40.5 40.0 39.5 Number of employees(Overseas)(thousand of people) 33.8 34.2 35.1 Number of employees (Total)(thousand of people) 74.2 74.2 74.6 Interest coverage ratio(※)＝(Interest and dividend income + Operating income) ÷ Interest expense -1- Mar.'04 1,780.2 2.4% 914.0 2.0% 866.1 2.8% 48.7% 765.6 2.7% 43.0% 150.0 12.2% 8.4% 143.0 15.9% 8.0% 91.7 26.6% 5.2% 123.63 23.9% 113.09 132.65 Mar.'04 803.5 558.2 195.8 222.6 Mar.'04 914.0 326.3 402.3 137.4 Mar.'04 92.5 5.2% 1.9 5.2 -3.3 28.7 67.6 75.5 249.1 1.7 145.3 1.7 432.7 23.4% 1,852.7 7.7% 795.1 42.9% 12.6% 38.8 34.4 73.2 Mar.'05 (Forecast) 1,810.0 1.7% 935.0 2.3% 875.0 1.0% 48.3% 785.0 2.5% 43.4% 175.0 16.7% 9.7% 165.0 15.3% 9.1% 95.0 3.5% 5.2% 128.57 4.0% 105.00 130.00 Mar.'05 (Forecast) 700.9 685.5 203.4 220.0 Mar.'05 (Forecast) 935.0 319.4 416.8 138.7 Mar.'05 (Forecast) 100.0 5.5% 2.0 5.0 -3.0 35.4 69.0 74.5 ----------------------------- Sep.'02 856.8 4.5% 449.5 -0.7% 407.2 10.9% 47.5% 360.6 5.5% 42.1% 61.3 2.4% 7.2% 55.6 6.0% 6.5% 33.5 18.0% 3.9% 46.11 12.5% 123.08 116.95 Sep.'02 430.3 218.9 100.0 107.4 Sep.'02 449.5 170.4 166.1 70.6 Sep.'02 40.2 4.7% 2.0 4.0 -1.9 15.7 33.8 38.4 227.5 1.6 148.9 1.8 543.2 29.7% 1,826.3 3.0% 663.6 36.3% 5.2% 39.8 34.8 74.6 Sep.'03 888.0 3.6% 448.6 -0.2% 439.4 7.9% 49.5% 388.1 7.6% 43.7% 77.2 26.0% 8.7% 71.4 28.3% 8.0% 42.2 26.1% 4.8% 56.79 23.2% 118.06 133.47 Sep.'03 415.0 263.1 97.2 112.5 Sep.'03 448.6 167.6 196.9 74.8 Sep.'03 44.2 5.0% 1.3 2.8 -1.5 27.4 33.6 36.3 227.0 1.5 152.1 1.8 484.9 25.4% 1,912.1 3.8% 703.0 36.8% 6.2% 39.4 34.6 74.0 Sep.'04 (Forecast) 895.0 0.8% 466.0 3.9% 429.0 -2.4% 47.9% 386.8 -0.3% 43.2% 78.0 1.0% 8.7% 74.5 4.3% 8.3% 43.8 3.6% 4.9% 59.28 4.4% 105.00 130.00 Sep.'04 (Forecast) 365.5 316.1 100.8 112.5 Sep.'04 (Forecast) 466.0 155.4 202.7 70.8 Sep.'04 (Forecast) 50.0 5.6% --------34.0 37.0 ----------------------------- April 28, 2004 RICOH COMPANY, LTD. Key Financial Figures(Consolidated) (Billions of yen) (Three months ended) 1.Operating Results Net sales (change from the previous corresponding period) Domestic sales (change from the previous corresponding period) Overseas sales (change from the previous corresponding period) Overseas sales ratio Gross profit (change from the previous corresponding period) Percentage of net sales Operating income (change from the previous corresponding period) Percentage of net sales Income before income taxes (change from the previous corresponding period) Percentage of net sales Net income (change from the previous corresponding period) Percentage of net sales Net income per share-basic [yen] (change from the previous corresponding period) Exchange rate [yen/US$] [yen/EURO] ２．Sales by Category Imaging Solutions Network input/output systems Network system solutions Other Businesses ３．Sales by Geographic Area Japan The Americas Europe Other ４．Other ratios Jun.'02 428.2 4.0% 224.8 -1.7% 203.4 11.0% 47.5% 186.4 7.2% 43.5% 35.9 13.6% 8.4% 32.2 18.7% 7.5% 19.5 31.2% 4.6% 26.85 25.1% 127.01 116.56 Jun.'02 219.9 110.5 46.9 50.9 Jun.'02 224.8 84.1 83.2 35.9 Jun.'02 Sep.'02 428.5 5.0% 224.7 0.3% 203.8 10.7% 47.6% 174.1 3.7% 40.6% 25.4 -10.2% 5.9% 23.4 -7.7% 5.5% 14.0 3.5% 3.3% 19.26 -1.2% 119.19 117.34 Sep.'02 210.4 108.4 53.1 56.5 Sep.'02 224.7 86.2 82.9 34.6 Sep.'02 Dec.'02 420.7 4.8% 210.1 -0.8% 210.5 11.1% 50.0% 184.9 6.5% 44.0% 33.3 12.3% 7.9% 29.9 15.9% 7.1% 17.8 19.5% 4.2% 24.51 14.5% 122.59 122.59 Dec.'02 208.3 117.4 40.0 54.9 Dec.'02 210.1 84.1 88.3 37.9 Dec.'02 Mar.'03 460.7 2.2% 236.2 -0.8% 224.5 5.5% 48.7% 199.7 8.3% 43.4% 38.9 -2.8% 8.4% 37.8 6.3% 8.2% 21.1 15.7% 4.6% 29.17 12.7% 119.04 127.63 Mar.'03 221.0 127.0 57.3 55.3 Mar.'03 236.2 89.3 99.9 35.2 Mar.'03 R&D Expenditure 18.4 21.7 20.8 22.4 R&D Expenditure / net sales 4.3% 5.1% 5.0% 4.9% Interest and dividend income 0.9 1.0 0.6 1.1 Interest expense 1.7 2.2 1.2 1.5 Financial income(expenses)net -0.7 -1.2 -0.6 -0.3 Interest coverage ratio(※) [times] 21.2 11.6 26.2 26.3 Depreciation for tangible fixed assets 16.9 16.9 17.5 18.1 Expenditure for plant and equipment 17.6 20.8 16.7 18.8 Liquidity at hand 215.3 227.5 184.9 200.4 Liquidity at hand/Averaged sales [months] 1.5 1.6 1.3 1.3 Inventories 157.1 148.9 149.3 146.0 Inventories/Averaged cost of sales [months] 1.9 1.8 1.9 1.7 Debt 554.8 543.2 541.2 484.6 Debt on total assets 30.5% 29.7% 29.9% 25.7% Total assets 1,821.9 1,826.3 1,807.2 1,884.9 Income before income taxes on total assets 1.8% 1.3% 1.7% 2.0% Shareholders' equity 648.3 663.6 671.1 657.5 Equity ratio 35.6% 36.3% 37.1% 34.9% Return on equity 3.0% 2.1% 2.7% 3.2% Number of employees(Japan)(thousand of people) 39.9 39.8 39.8 39.5 Number of employees(Overseas)(thousand of people) 34.5 34.8 34.4 35.1 Number of employees (Total)(thousand of people) 74.4 74.6 74.2 74.6 Interest coverage ratio(※)＝(Interest and dividend income + Operating income) ÷ Interest expense -2- Jun.'03 437.4 2.1% 224.3 -0.2% 213.1 4.8% 48.7% 192.7 3.4% 44.1% 38.4 7.1% 8.8% 37.3 15.6% 8.5% 22.3 14.5% 5.1% 30.04 11.9% 118.52 134.67 Jun.'03 212.7 127.5 43.4 53.7 Jun.'03 224.3 79.4 98.6 35.0 Jun.'03 19.3 4.4% 0.6 1.5 -0.8 25.7 17.0 18.6 220.0 1.5 161.7 2.0 483.1 25.1% 1,924.6 2.0% 685.7 35.6% 3.3% 39.9 35.1 75.0 Sep.'03 450.6 5.2% 224.3 -0.2% 226.3 11.0% 50.2% 195.3 12.2% 43.4% 38.7 52.6% 8.6% 34.0 45.7% 7.6% 19.9 42.2% 4.4% 26.75 38.9% 117.61 132.27 Sep.'03 202.3 135.6 53.7 58.8 Sep.'03 224.3 88.1 98.3 39.8 Sep.'03 24.8 5.5% 0.6 1.3 -0.7 29.4 16.5 17.6 227.0 1.5 152.1 1.8 484.9 25.4% 1,912.1 1.8% 703.0 36.8% 2.9% 39.4 34.6 74.0 Dec.'03 420.9 0.0% 212.9 1.3% 207.9 -1.2% 49.4% 185.7 0.5% 44.1% 36.2 8.4% 8.6% 33.2 10.9% 7.9% 19.6 10.5% 4.7% 26.53 8.2% 108.92 129.58 Dec.'03 189.0 137.9 41.6 52.3 Dec.'03 212.9 75.9 99.4 32.6 Dec.'03 24.2 5.8% 0.4 1.3 -0.9 27.4 15.7 15.5 239.3 1.7 163.1 2.1 513.1 26.7% 1,922.1 1.7% 708.8 36.9% 2.8% 39.3 35.0 74.3 Mar.'04 471.2 2.3% 252.5 6.9% 218.7 -2.6% 46.4% 191.7 -4.0% 40.7% 36.5 -6.2% 7.8% 38.3 1.5% 8.1% 29.8 40.8% 6.3% 40.31 38.2% 107.31 134.10 Mar.'04 199.4 157.1 56.9 57.7 Mar.'04 252.5 82.7 106.0 29.9 Mar.'04 24.0 5.1% 0.1 1.0 -0.9 33.7 18.2 23.6 249.1 1.6 145.3 1.6 432.7 23.4% 1,852.7 2.0% 795.1 42.9% 4.0% 38.8 34.4 73.2 Jun.'04 Sep.'04 (Forecast) (Forecast) 441.0 0.8% 233.0 3.9% 208.0 -2.4% 47.2% 192.3 -0.2% 43.6% 39.0 1.3% 8.8% 37.5 0.5% 8.5% 22.5 0.6% 5.1% 30.45 1.4% 105.00 130.00 Jun.'04 454.0 0.7% 233.0 3.9% 221.0 -2.4% 48.7% 194.5 -0.4% 42.8% 39.0 0.6% 8.6% 37.0 8.5% 8.1% 21.3 7.0% 4.7% 28.83 7.8% 105.00 130.00 Sep.'04 (Forecast) (Forecast) --------- Jun.'04 --------- Sep.'04 (Forecast) (Forecast) --------Jun.'04 --------Sep.'04 (Forecast) (Forecast) 22.0 5.0% --------- 28.0 6.2% --------- 17.0 18.0 ----------------------------- 17.0 19.0 -----------------------------