Highlights of Fiscal 2010 (Ended on March 31, 2011) Results ■Net sales, operating income, and operating margin As a result of the yen’s rapid appreciation and the adverse effects and impact of the Great East Japan Earthquake, the Ricoh Group’s overall sales decreased 3.7% from the previous year to 1,942 billion yen, although the business had been showing signs of a slow recovery. Sales in Japan decreased 0.1% to 875.8 billion yen, and overseas sales decreased by 6.5% to 1,066.1 billion yen. Operating income decreased 8.8% to 60.1 billion yen, as positive contributions, including cost reductions through group-wide structural reforms and continued efforts to reduce manufacturing costs, were not sufficient to offset weaker sales and the impact of the stronger yen. ● Sales by area (billions of yen) 50 Network System Solutions 283.4 (14.6%) 150 A Net income per share (left scale) B 2,513.4 1,080.1 975.3 973.3 929.8 1,070.9 A 0 A (Yen) 45 28.0 Shareholder’s equity 2,214.3 2,243.4 500 Dividends per share (right scale) B 2007 2008 2009 2010 30 15 0 2011 (FY) 2,262.3 Total assets B 50 2,383.9 A 1,000 0 (Yen) 2.1 0.6 2,500 1,500 18.3 100 2.9 0 2,000 18.1 10 9.9 4 (Billions of yen) 15 38.41 11.0 8 365.9 連結配当性向 85.9 Ricoh maintained its declared annual dividend of 33.0 yen per share at the same level as 20 22.6 the previous year, which includes an interim dividend issued of 16.5 yen per share. Return on equity (ROE) 12 income per share and dividends 33.0 Total assets decreased by 121.5 billion yen from the previous year to 2,262.3 billion yen due to the decline in cash and cash equivalents from the repayment of interestbearing liabilities and the reduction in value of foreign currency-denominated assets when translated into Japanese yen at the end of the fiscal term attributed to continued appreciation of the yen. Interest-bearing liabilities, especially those held abroad, were reduced by 54 billion yen to 630.4 billion yen. Shareholder’s equity decreased by 43.4 billion yen to 929.8 billion yen. Return on equity declined to 2.1%, compared with 2.9% in the previous year. ■Net （％） Imaging Solutions 1,429.8 (73.6%) 27.08 0 ■Total assets, shareholder’s equity, and return on equity (ROE) (%) FY2011 33.0 2011 (FY) 2010 Industrial Products 106.8 (5.5%) 9.02 2009 Imaging & Solutions 1,713.3 (88.2%) 146.04 875.8 60.1 876.5 65.9 938.3 74.5 2008 Other 121.8 (6.3%) 33.0 1,139.7 2,016.3 181.5 C 2007 150 ● Sales by category (billions of yen) 153.10 A Other 130.2 (6.7%) (Billions of yen) 200 100 500 0 Operating income B FY2011 Europe 413.9 (21.3%) Operating income (right scale) 1,066.1 1,942.0 C 1,016.0 1,000 1,066.6 2,068.9 174.3 1,500 1,002.2 (Billions of yen) 2,000 Japan 875.8 (45.1%) The Americas 521.9 (26.9%) Japan (left scale) Overseas (left scale) Net sales Overseas 1,066.1 (54.9%) 3.1 3.1 3.3 1,153.3 2,091.6 B 3.6 1,203.9 2,219.9 A 8.2 33.0 (%) Operating margin 8 8.4 8.4 6 4 2 0 2008 2009 2010 2011 B 2007 (End of March) For details, please refer to the Annual Report 2011. RICOH GROUP SUSTAINABILITY REPORT (CORPORATE SOCIAL RESPONSIBILITY) 2011 54