Consolidated Financial Figures

October 28, 2005
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.'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
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
(Six months ended)
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
Mar.'05
1,814.1
1.9%
972.9
6.4%
841.1
-2.9%
46.4%
754.5
-1.4%
41.6%
135.5
-9.7%
7.5%
135.3
-5.4%
7.5%
83.1
-9.4%
4.6%
112.64
-8.9%
107.58
133.25
Mar.'05
715.0
670.8
205.8
222.2
Mar.'05
972.9
325.5
408.9
106.6
Mar.'05
R&D Expenditure
80.7
83.5
92.5
110.4
R&D Expenditure / net sales
4.8%
4.8%
5.2%
6.1%
Interest and dividend income
4.7
3.7
1.9
2.2
Interest expense
8.2
6.8
5.2
4.6
Financial income(expenses)net
-3.4
-3.0
-3.3
-2.4
Interest coverage ratio(※)
[times]
16.3
20.1
28.7
29.4
Depreciation for tangible fixed assets
73.7
69.5
67.6
66.7
Expenditure for plant and equipment
75.6
73.9
75.5
84.7
Liquidity at hand
205.5
200.4
249.1
188.4
Liquidity at hand/Averaged sales
[months]
1.5
1.4
1.7
1.2
Inventories
162.1
146.0
145.3
167.3
Inventories/Averaged cost of sales [months]
2.0
1.8
1.7
1.9
Debt
561.4
484.6
432.7
410.0
Debt on total assets
30.6%
25.7%
23.4%
21.0%
Total assets
1,832.9
1,884.9
1,852.7
1,953.6
Income before income taxes on total assets
6.4%
6.6%
7.7% 4010.0%
Shareholders' equity
633.0
657.5
795.1
862.9
Equity ratio
34.5%
34.9%
42.9%
44.2%
Return on equity
10.4%
11.2%
12.6%
10.0%
Number of employees(Japan)(thousand of people)
40.0
39.5
38.8
40.1
Number of employees(Overseas)(thousand of people)
34.2
35.1
34.4
35.0
Number of employees (Total)(thousand of people)
74.2
74.6
73.2
75.1
Interest coverage ratio(※)＝(Interest and dividend income + Operating income) ÷ Interest expense
-1-
Mar.'06
(Forecast)
1,900.0
4.7%
999.7
2.7%
900.3
7.0%
47.4%
804.0
6.5%
42.3%
160.0
18.1%
8.4%
160.0
18.2%
8.4%
97.0
16.7%
5.1%
132.07
17.2%
109.71
135.34
Mar.'06
(Forecast)
---------
Mar.'06
(Forecast)
999.7
364.9
419.9
115.3
Mar.'06
(Forecast)
116.0
6.1%
2.0
4.6
-2.6
35.2
69.0
114.0
-----------------------------
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
876.0
-1.4%
469.1
4.6%
406.8
-7.4%
46.4%
363.8
-6.2%
41.5%
57.7
-25.2%
6.6%
60.0
-15.9%
6.9%
35.8
-15.2%
4.1%
48.48
-14.6%
109.83
133.31
Sep.'04
356.6
310.3
99.0
110.0
Sep.'04
469.1
161.3
192.9
52.5
Sep.'04
53.4
6.1%
1.0
2.3
-1.2
25.4
31.0
38.2
266.6
1.8
151.7
1.8
435.3
23.2%
1,877.4
3.2%
830.2
44.2%
4.4%
39.2
33.7
72.9
Sep.'05
923.0
5.4%
480.9
2.5%
442.1
8.7%
47.9%
388.2
6.7%
42.1%
66.9
15.8%
7.2%
69.4
15.6%
7.5%
42.8
19.7%
4.6%
58.40
20.5%
109.42
135.67
Sep.'05
351.7
367.5
96.3
107.3
Sep.'05
480.9
183.9
201.3
56.7
Sep.'05
54.9
6.0%
1.3
2.1
-0.8
31.1
31.1
58.1
148.7
1.0
167.7
1.9
371.7
19.1%
1,948.5
3.6%
905.6
46.5%
4.8%
40.8
35.5
76.3
October 28, 2005
RICOH COMPANY, LTD.
(Billions of yen)
(Three months ended)
Jun.'04
Net sales
Sep.'04
Dec.'04
Mar.'05
Jun.'05
(change from the previous corresponding period)
436.5
-0.2%
439.4
-2.5%
443.7
5.4%
494.3
4.9%
452.9
3.8%
Domestic sales
(change from the previous corresponding period)
233.3
4.0%
235.8
5.2%
231.3
8.6%
272.4
7.9%
233.9
0.3%
Overseas sales
(change from the previous corresponding period)
Overseas sales ratio
203.2
-4.6%
46.6%
203.5
-10.1%
46.3%
212.4
2.2%
47.9%
221.8
1.4%
44.9%
218.9
7.8%
48.3%
Gross profit
(change from the previous corresponding period)
189.1
-1.9%
174.7
-10.6%
192.1
3.4%
198.5
3.6%
194.7
2.9%
Percentage of net sales
Operating income
(change from the previous corresponding period)
43.3%
39.3
2.3%
39.8%
18.3
-52.6%
43.3%
38.7
6.9%
40.2%
39.0
6.8%
43.0%
37.2
-5.3%
9.0%
41.3
4.2%
18.7
8.7%
34.6
7.9%
40.6
(change from the previous corresponding period)
Percentage of net sales
10.7%
9.5%
-45.0%
4.3%
4.2%
7.8%
Net income
(change from the previous corresponding period)
Percentage of net sales
24.8
11.4%
5.7%
10.9
-45.1%
2.5%
Net income per share-basic
[yen]
(change from the previous corresponding period)
Exchange rate
[yen/US$]
[yen/EURO]
33.69
12.2%
109.65
132.17
14.79
-44.7%
110.01
134.44
Percentage of net sales
Income before income taxes
Jun.'04
Imaging Solutions
Network input/output systems
Network system solutions
Other Businesses
181.6
157.3
44.9
52.5
Jun.'04
Japan
The Americas
Europe
Other
233.3
78.4
100.3
24.5
Jun.'04
R&D Expenditure
Sep.'04
174.9
152.9
54.0
57.4
Sep.'04
235.8
82.9
92.6
27.9
Sep.'04
Dec.'05 Mar.'06
(Forecast (Forecast)
470.0
465.0
511.9
Sep.'05
7.0%
246.9
4.7%
4.8%
240.0
3.8%
3.6%
278.7
2.3%
223.1
9.6%
225.0
5.9%
233.1
5.1%
47.5%
193.5
10.8%
48.4%
201.0
4.6%
45.5%
214.7
8.1%
41.2%
29.6
43.2%
38.0
41.9%
55.0
8.2%
38.0
61.3%
6.3%
31.3
-1.8%
8.2%
37.7
41.1%
10.8%
52.8
5.9%
8.2%
-7.8%
8.4%
67.0%
6.7%
8.8%
8.1%
30.1%
10.3%
22.2
13.0%
5.0%
25.0
-15.9%
5.1%
23.7
-4.7%
5.2%
30.08
13.4%
106.01
137.16
34.08
-15.5%
104.60
137.26
32.32
-4.1%
107.60
135.55
19.1
75.2%
4.1%
26.08
76.3%
22.3
0.3%
4.8%
30.36
0.9%
31.8
26.8%
6.2%
43.31
27.1%
111.22
135.79
110.00
135.00
110.00
135.00
Dec.'04
178.3
171.3
43.5
50.6
Dec.'04
231.3
78.2
107.6
26.6
Dec.'04
Mar.'05
180.1
189.1
63.3
61.6
Mar.'05
272.4
86.0
108.3
27.4
Mar.'05
Jun.'05
179.7
183.4
40.2
49.5
Jun.'05
233.9
87.1
104.4
27.3
Jun.'05
Sep.'05
172.0
184.1
56.1
57.7
Dec.'05 Mar.'06
(Forecast (Forecast)
-----------------
Dec.'05 Mar.'06
(Forecast (Forecast)
246.9
----96.7
----96.9
-----
Sep.'05
29.4
Sep.'05
---
---
Dec.'05 Mar.'06
(Forecast (Forecast)
28.5
32.5
6.1%
6.3%
-------------
24.3
29.0
26.1
30.8
25.5
5.6%
0.6
1.2
-0.6
6.6%
0.4
1.0
-0.6
5.9%
0.3
1.2
-0.9
6.2%
0.8
1.0
-0.2
5.6%
0.6
1.0
-0.3
32.5
17.3
30.6
36.5
37.6
15.9
18.6
262.7
1.8
15.0
19.5
266.6
1.8
16.9
20.5
202.1
1.4
18.7
25.9
188.4
1.1
15.6
34.7
146.4
1.0
15.4
23.4
148.7
150.5
151.7
168.9
167.3
170.5
---
---
1.8
423.7
22.8%
1.7
435.3
23.2%
2.0
446.4
23.5%
1.7
410.0
21.0%
2.0
366.4
19.3%
167.7
1.8
371.7
19.1%
-------
-------
1,855.7
2.2%
1,877.4
1.0%
1,899.8
1.8%
1,953.6
2.1%
1,899.9
2.0%
1,948.5
1.6%
-----
-----
812.9
43.8%
3.1%
830.2
44.2%
1.3%
841.9
44.3%
2.7%
862.9
44.2%
2.9%
879.6
46.3%
2.7%
905.6
46.5%
2.1%
-------
-------
39.2
33.8
39.2
33.7
40.3
34.6
40.1
35.0
40.7
34.2
40.8
35.5
-----
-----
Number of employees (Total)(thousand of people)
73.0
72.9
74.9
75.1
Interest coverage ratio(※)＝(Interest and dividend income + Operating income) ÷ Interest expense
74.9
76.3
---
---
R&D Expenditure / net sales
Interest and dividend income
Interest expense
Financial income(expenses)net
Interest coverage ratio(※)
[times]
Depreciation for tangible fixed assets
Expenditure for plant and equipment
Liquidity at hand
Liquidity at hand/Averaged sales
[months]
Inventories
Inventories/Averaged cost of sales
Debt
Debt on total assets
[months]
Total assets
Income before income taxes on total assets
Shareholders' equity
Equity ratio
Return on equity
Number of employees(Japan)(thousand of people)
Number of employees(Overseas)(thousand of people)
-2-
29.4
6.3%
0.6
1.1
-0.4
25.6
0.9
---
---
18.5
28.0
-----
19.3
27.8
-----