Consolidated Financial Figures

Key Financial Figures(Consolidated)
February 1, 2016
RICOH COMPANY, LTD.
(Billions of yen)
IFRS
(Fiscal year ended)
1.Operating Results
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 sales
Selling, general and administrative expenses
(change from the previous corresponding period)
Percentage of sales
Operating profit
(change from the previous corresponding period)
Percentage of sales
Profit before income tax expenses
(change from the previous corresponding period)
Percentage of sales
Profit attributable to owners of the parent
(change from the previous corresponding period)
Percentage of sales
Earnings per share attributable to owners of the parent-basic[yen]
(change from the previous corresponding period)
Exchange rate
[yen/US$]
[yen/EURO]
Mar.'12
(*1)
1,903.4
-2.0%
886.4
1.2%
1,017.0
-4.5%
53.4%
752.6
-4.6%
39.5%
770.6
5.4%
40.4%
-18.0
---0.9%
-31.9
---1.7%
-44.5
---2.3%
-61.42
--79.08
109.05
Mar.'13
1,924.4
1.1%
870.3
-1.8%
1,054.1
3.6%
54.8%
768.6
2.1%
39.9%
705.1
-8.5%
36.6%
63.4
--3.3%
58.1
--3.0%
32.4
--1.7%
44.78
--83.06
107.08
Mar.'14
2,236.9
16.2%
953.5
9.6%
1,283.3
21.7%
57.4%
894.3
16.4%
40.0%
773.9
9.7%
34.6%
120.3
89.8%
5.4%
117.2
101.5%
5.2%
72.8
124.3%
3.3%
100.46
124.3%
100.29
134.47
Mar.'15
Mar.'16
(*2)
(Forecast)
2,151.4
2,250.0
2.0%
4.6%
759.5
765.0
-7.1%
0.7%
1,391.8
1,485.0
7.9%
6.7%
64.7%
66.0%
906.9
907.0
3.9%
0.0%
42.2%
40.3%
791.1
791.0
5.1%
0.0%
36.8%
35.2%
115.7
116.0
-3.8%
0.2%
5.4%
5.2%
112.2
111.0
-4.9%
-1.2%
5.2%
4.9%
68.5
71.0
-5.8%
3.6%
3.2%
3.2%
94.58
97.94
-5.8%
3.6%
109.89
121.26
138.85
133.32
(Nine
months
Dec.'13
1,611.5
16.2%
672.3
4.9%
939.2
25.9%
58.3%
657.0
16.6%
40.8%
578.8
10.7%
35.9%
78.2
93.2%
4.9%
75.8
109.2%
4.7%
43.5
151.8%
2.7%
60.09
151.8%
99.42
132.31
IFRS
Dec.'14
1,571.5
3.4%
552.5
-3.8%
1,018.9
7.8%
64.8%
679.1
6.0%
43.2%
593.0
5.5%
37.7%
86.0
9.8%
5.5%
84.8
11.8%
5.4%
52.3
20.6%
3.3%
72.22
20.6%
106.84
140.26
Mar.'12
Mar.'15
Mar.'16
Mar.'13
Mar.'14
Dec.'13
Dec.'14
(*1)
(*2)
(Forecast)
R&D Expenditure
119.0
112.0
116.2
118.7
85.9
86.8
123.0
R&D Expenditure / Sales
6.3%
5.8%
5.2%
5.5%
5.3%
5.5%
5.5%
Finance income
3.1
3.0
2.5
3.9
1.5
4.4
－
Finance costs
6.9
7.3
7.5
7.3
5.2
5.6
－
Financial income(expenses)net
-3.8
-4.3
-4.9
-3.4
-3.6
-1.1
－
-2.1
9.0
16.3
16.2
15.2
16.1
Interest coverage ratio(※)
[times]
－
Depreciation for tangible fixed assets
64.9
60.4
72.5
70.9
54.3
53.3
70.0
Expenditure for plant and equipment
73.2
86.5
78.7
75.9
55.2
54.9
80.0
Free Cash Flow
-101.2
18.0
24.7
-40.9
-26.4
-74.9
－
Liquidity at hand
158.6
120.3
144.1
138.6
147.8
140.2
－
Liquidity at hand/Averaged sales
[months]
1.00
0.75
0.77
0.77
0.83
0.80
－
Inventories
195.0
195.3
194.7
224.4
228.4
240.5
－
Inventories/Averaged cost of sales [months]
2.03
2.03
1.74
2.16
2.15
2.43
－
Debt
741.8
702.7
724.4
790.5
778.1
819.8
－
Debt on total assets
32.4%
29.8%
28.3%
29.0%
30.4%
29.8%
－
Total assets
2,289.3
2,360.6
2,556.9
2,730.2
2,560.4
2,748.8
－
Profit before income tax expenses on total assets
-1.4%
2.5%
4.8%
4.2%
3.1%
3.2%
－
Equity attributable to owners of the parent
822.7
897.9
1,017.9
1,084.1
1,003.4
1,109.3
－
Equity ratio
35.9%
38.0%
39.8%
39.7%
39.2%
40.4%
－
Return on equity
-5.1%
3.8%
7.6%
6.5%
4.6%
4.9%
－
Number of employees(Japan)(thousand of people)
38.5
37.4
36.8
36.3
37.0
36.7
－
Number of employees(Overseas)(thousand of people)
70.7
70.0
71.3
73.5
71.2
73.4
－
Number of employees (Total)(thousand of people)
109.2
107.4
108.1
109.9
108.3
110.2
－
Interest coverage ratio(※)＝(Interest and dividend income + Operating profit) ÷ Interest expense
*1 During the previous fiscal year end, Ricoh has accounted for subsidiaries that changed their fiscal year-ends from December 31 to March 31 as if
their fiscal year-ends in prior years were March 31 and has restated consolidated financial statements for the fiscal year 2012/3.
*2 Due to the change in lease transaction reporting from FY16/03, sales figures and related indicators of FY15/03 have also been adjusted retroactively
to conform to the current year.
★ We have started to adopt International Financial Reporting Standards (IFRS) for the consolidated financial statements
from FY March 31, 2015, instead of U.S. GAAP.
２．Other ratios
Dec.'15
1,643.8
4.6%
549.1
-0.6%
1,094.7
7.4%
66.6%
672.7
-0.9%
40.9%
587.2
-1.0%
35.7%
85.4
-0.7%
5.2%
81.1
-4.4%
4.9%
51.4
-1.8%
3.1%
70.93
-1.8%
121.67
134.42
Dec.'15
86.5
5.3%
3.7
8.1
-4.3
11.0
52.5
61.6
-42.2
163.1
0.89
234.8
2.18
885.4
31.7%
2,794.0
2.9%
1,109.4
39.7%
4.7%
36.1
74.3
110.5
Key Financial Figures(Consolidated)
February 1, 2016
RICOH COMPANY, LTD.
(Billions of yen)
IFRS
(Fiscal year ended)
３．Sales by Category
Imaging & Solutions
(change from the previous corresponding period)
Percentage of sales
Office Imaging
(change from the previous corresponding period)
Percentage of sales
Production Printing
(change from the previous corresponding period)
Percentage of sales
Network System Solutions
(change from the previous corresponding period)
Percentage of sales
Industrial Products
(change from the previous corresponding period)
Percentage of sales
Other
Mar.'12
(*1*2)
1,671.1
４．Sales by Geographic Area
Japan
(change from the previous corresponding period)
Percentage of sales
Overseas
(change from the previous corresponding period)
Percentage of sales
The Americas
(change from the previous corresponding period)
Percentage of sales
Europe, Middle East and Africa
(change from the previous corresponding period)
Percentage of sales
Other
(change from the previous corresponding period)
Percentage of sales
Mar.'14
Mar.'15
Mar.'16
（*4）
(Forecast)
1,916.6
2,011.6
-2.5%
5.0%
89.1%
89.4%
1,439.7
1,461.5
-2.5%
1.5%
66.9%
65.0%
191.9
227.0
6.6%
18.3%
8.9%
10.1%
1,685.3
1,970.4
0.9%
87.6%
1,329.6
0.5%
69.1%
147.0
-1.0%
7.6%
16.9%
88.1%
1,477.4
11.1%
66.0%
185.0
25.9%
8.3%
199.2
208.7
4.8%
308.0
47.5%
284.9
-7.5%
10.5%
10.8%
13.8%
98.0
93.0
105.0
5.2%
-5.1%
4.8%
146.0
8.7%
7.7%
87.8%
1,323.2
69.5%
148.5
7.8%
134.3
(change from the previous corresponding period)
Percentage of sales
Mar.'13
7.0%
Mar.'12
(*1*3)
886.4
Mar.'13
(Nine
months
ended)
IFRS
Dec.'13
Dec.'14
Dec.'15
1,413.0
1,394.1
17.0%
87.7%
1,075.2
13.0%
66.7%
132.9
26.9%
8.3%
3.5%
88.7%
1,055.1
3.0%
67.1%
137.9
6.6%
8.8%
323.0
13.4%
204.8
35.9%
201.0
4.0%
165.4
20.0%
10.1%
234.2
16.5%
13.2%
14.4%
12.7%
12.8%
14.3%
117.7
126.7
78.7
87.9
94.6
12.8%
4.7%
7.1%
5.5%
12.2%
4.9%
6.8%
5.6%
161.4
10.5%
7.2%
116.9
-3.2%
5.4%
7.6%
5.6%
111.6
-4.6%
5.0%
119.7
9.2%
7.4%
89.4
-0.7%
5.7%
7.6%
5.8%
81.1
-9.3%
4.8%
Mar.'14
Mar.'15
Mar.'16
（*4） (Forecast)
759.5
765.0
Dec.'13
Dec.'14
1,468.0
5.3%
89.4%
1,068.3
1.3%
65.0%
Dec.'15
870.3
953.5
672.3
552.5
549.1
1.2%
-1.8%
9.6%
-7.1%
0.7%
4.9%
-3.8%
-0.6%
46.6%
1,017.0
-4.5%
53.4%
468.7
-9.9%
24.6%
421.3
1.5%
22.1%
126.9
-2.6%
45.2%
1,054.1
3.6%
54.8%
496.6
5.9%
25.8%
421.7
0.1%
21.9%
135.7
6.9%
42.6%
1,283.3
21.7%
57.4%
591.2
19.1%
26.4%
519.4
23.2%
23.2%
172.6
27.2%
35.3%
1,391.8
7.9%
64.7%
648.5
10.1%
30.1%
532.3
2.6%
24.7%
210.9
15.7%
34.0%
1,485.0
6.7%
66.0%
713.6
10.0%
31.7%
35.2%
1,018.9
7.8%
64.8%
473.3
9.5%
30.1%
391.4
3.9%
24.9%
154.1
13.0%
33.4%
1,094.7
7.4%
66.6%
524.7
10.9%
31.9%
23.8%
236.4
12.1%
41.7%
939.2
25.9%
58.3%
433.6
22.6%
26.9%
376.9
28.1%
23.4%
128.6
31.2%
6.7%
7.1%
7.7%
9.8%
10.5%
8.0%
9.8%
10.5%
535.0
0.5%
*1 During the previous fiscal year end, Ricoh has accounted for subsidiaries that changed their fiscal year-ends from December 31 to March 31
as if their fiscal year-ends in prior years were March 31 and has restated consolidated financial statements for the fiscal year 2012/3.
*2 Product Category and product lines included in Product Category was changed in this fiscal year.
Product Category in Imaging & Solutions was reclassified as Office Imaging, Production Printing and Network System Solutions in this
fiscal year (Imaging Solutions and Network System Solutions as previous category). Certain products were reclassified into Network
System Solutions and Industrial Products from Other in this fiscal year. The above reclassification was made to the prior year's figures.
*3 Geographic area was changed in this fiscal year.
Middle East and Africa were reclassified from Other into Europe in this fiscal year. The reclassification was made to the prior year's
*4figures.
Due to the change in lease transaction reporting from FY16/03, sales figures and related indicators of FY15/03 have also been adjusted retroactively
to conform to the current year.
★ We have started to adopt International Financial Reporting Standards (IFRS) for the consolidated financial statements
from FY March 31, 2015, instead of U.S. GAAP.
397.3
1.5%
24.2%
172.6
12.0%
Key Financial Figures(Consolidated)
February 1, 2016
RICOH COMPANY, LTD.
(Billions of yen)
(Three months ended)
IFRS
1.Operating Results
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 sales
Selling, general and administrative expenses
(change from the previous corresponding period)
Percentage of sales
Operating profit
(change from the previous corresponding period)
Percentage of sales
Profit before income tax expenses
(change from the previous corresponding period)
Percentage of sales
Profit attributable to owners of the parent
(change from the previous corresponding period)
Percentage of sales
Earnings per share attributable to owners of the parent-basic[yen]
(change from the previous corresponding period)
Exchange rate
[yen/US$]
[yen/EURO]
２．Other ratios
R&D Expenditure
R&D Expenditure / Sales
Finance income
Finance costs
Financial income(expenses)net
Jun.'14
(*1)
506.5
2.8%
185.5
0.6%
321.0
4.0%
63.4%
219.3
3.8%
43.3%
192.1
1.6%
37.9%
27.1
22.2%
5.4%
25.8
24.1%
5.1%
15.0
28.8%
3.0%
20.80
28.9%
102.15
140.13
Jun.'14
(*1)
Sep.'14
526.0
4.0%
189.1
-3.5%
336.8
8.8%
64.0%
227.1
8.8%
43.2%
198.4
10.8%
37.7%
28.6
-3.4%
5.5%
29.7
1.4%
5.7%
18.8
15.3%
3.6%
26.07
15.4%
103.95
137.77
Sep.'14
Dec.'14
538.8
3.4%
177.8
-8.3%
361.0
10.4%
67.0%
232.7
5.4%
43.2%
202.5
4.3%
37.6%
30.2
14.2%
5.6%
29.2
13.8%
5.4%
18.3
19.9%
3.4%
25.34
19.9%
114.37
142.87
Dec.'14
Mar.'15
579.9
-1.5%
206.9
-15.0%
372.9
8.0%
64.3%
227.7
-2.0%
39.3%
198.0
4.0%
34.2%
29.6
-29.2%
5.1%
27.4
-35.0%
4.7%
16.2
-44.9%
2.8%
22.36
-44.9%
119.21
134.56
Mar.'15
Jun.'15
539.1
6.4%
179.8
-3.1%
359.2
11.9%
66.6%
224.8
2.5%
41.7%
204.1
6.3%
37.9%
20.6
-23.9%
3.8%
19.4
-24.6%
3.6%
12.9
-13.9%
2.4%
17.91
-13.9%
121.31
134.22
Jun.'15
Sep.'15
556.0
5.7%
187.1
-1.1%
368.8
9.5%
66.3%
221.8
-2.3%
39.9%
186.4
-6.0%
33.5%
35.4
23.5%
6.4%
34.1
14.5%
6.1%
21.5
14.1%
3.9%
29.74
14.1%
122.29
136.03
Sep.'15
Dec.'15
548.6
1.8%
182.1
2.4%
366.5
1.5%
66.8%
226.0
-2.9%
41.2%
196.6
-2.9%
35.8%
29.3
-2.9%
5.3%
27.6
-5.7%
5.0%
16.8
-8.2%
3.1%
23.28
-8.1%
121.42
133.01
Dec.'15
Mar.'16
(Forecast)
606.1
4.5%
215.8
4.3%
390.3
4.7%
64.4%
234.2
2.9%
38.6%
203.7
2.9%
33.6%
30.5
2.9%
5.0%
29.8
8.8%
4.9%
19.5
20.8%
3.2%
27.01
20.8%
120.00
130.00
Mar.'16
(Forecast)
27.9
30.2
28.6
31.9
27.0
30.2
28.7
36.4
5.5%
5.7%
5.3%
5.5%
5.0%
5.7%
5.2%
6.0%
0.7
2.6
1.0
-0.5
0.6
2.6
0.3
－
2.1
1.6
1.9
1.7
1.8
1.6
2.0
－
-1.3
1.0
-0.8
-2.2
-1.2
1.0
-1.7
－
13.2
19.4
16.4
16.6
11.3
19.4
Interest coverage ratio(※)
[times]
14.2
－
Depreciation for tangible fixed assets
17.4
18.3
17.5
17.5
17.3
18.3
17.9
17.4
Expenditure for plant and equipment
18.2
20.4
16.2
21.0
20.5
20.4
20.7
18.3
Free Cash Flow
-7.1
-36.1
-31.5
34.0
-30.1
-36.1
-51.7
－
Liquidity at hand
121.7
137.9
140.2
138.6
150.5
137.9
163.1
－
Liquidity at hand/Averaged sales [months]
0.72
0.79
0.78
0.72
0.84
0.79
0.89
－
Inventories
203.6
211.8
240.5
224.4
232.3
211.8
234.8
－
Inventories/Averaged cost of sales [months]
2.13
2.13
2.36
1.91
2.22
2.13
2.18
－
Debt
723.2
773.6
819.8
790.5
844.1
773.6
885.4
－
Debt on total assets
28.3%
29.4%
29.8%
29.0%
30.1%
29.4%
31.7%
－
Total assets
2,556.2
2,632.5
2,748.8
2,730.2
2,806.4
2,632.5
2,794.0
－
Profit before income tax expenses on total assets
1.0%
1.1%
1.1%
1.0%
0.7%
1.1%
1.0%
－
Equity attributable to owners of the parent
1,022.8
1,064.4
1,109.3
1,084.1
1,111.0
1,064.4
1,109.4
－
Equity ratio
40.0%
40.4%
40.4%
39.7%
39.6%
40.4%
39.7%
－
Return on equity
1.5%
1.8%
1.7%
1.5%
1.2%
1.8%
1.5%
－
Number of employees(Japan)(thousand of people)
37.2
36.9
36.7
36.3
36.6
36.9
36.1
－
Number of employees(Overseas)(thousand of people)
72.0
73.0
73.4
73.5
73.0
73.0
74.3
－
Number of employees (Total)(thousand of people)
109.3
109.9
110.2
109.9
109.7
109.9
110.5
－
Interest coverage ratio(※)＝(Interest and dividend income + Operating profit) ÷ Interest expense
*1 Due to the change in lease transaction reporting from FY16/03, sales figures and related indicators of FY15/03 have also been adjusted retroactively to conform to the current year.
★ We have started to adopt International Financial Reporting Standards (IFRS) for the consolidated financial statements from FY March 31, 2015, instead of U.S. GAAP.
Key Financial Figures(Consolidated)
February 1, 2016
RICOH COMPANY, LTD.
(Billions of(Billions
yen)
of(Billions
yen)
of yen)
(Three months ended)
IFRS
３．Sales by Category
Imaging & Solutions
(change from the previous corresponding period)
Percentage of sales
Office Imaging
(change from the previous corresponding period)
Percentage of sales
Production Printing
(change from the previous corresponding period)
Percentage of sales
Network System Solutions
(change from the previous corresponding period)
Percentage of sales
Industrial Products
(change from the previous corresponding period)
Percentage of sales
Other
(change from the previous corresponding period)
Percentage of sales
４．Sales by Geographic Area
Japan
(change from the previous corresponding period)
Percentage of sales
Overseas
(change from the previous corresponding period)
Percentage of sales
The Americas
(change from the previous corresponding period)
Percentage of sales
Europe, Middle East and Africa
(change from the previous corresponding period)
Percentage of sales
Other
(change from the previous corresponding period)
Percentage of sales
Jun.'14
(*1)
450.5
2.7%
89.0%
343.0
-0.4%
67.7%
41.9
6.8%
8.3%
65.5
19.2%
12.9%
27.3
7.4%
5.4%
28.5
-0.1%
5.6%
Jun.'14
(*1)
185.5
0.6%
36.6%
321.0
4.0%
63.4%
147.3
2.9%
29.1%
128.0
4.9%
25.3%
45.5
5.5%
9.0%
Sep.'14
464.3
4.4%
88.2%
344.5
4.7%
65.5%
46.9
7.6%
8.9%
72.8
1.5%
13.8%
29.6
4.5%
5.6%
32.0
-2.0%
6.2%
Sep.'14
189.1
-3.5%
36.0%
336.8
8.8%
64.0%
156.9
10.2%
29.8%
126.3
5.7%
24.0%
53.6
12.3%
10.2%
Dec.'14
479.1
3.3%
88.9%
367.4
4.7%
68.2%
48.9
5.6%
9.1%
62.6
-5.9%
11.6%
30.8
8.6%
5.7%
28.8
0.0%
5.3%
Dec.'14
177.8
-8.3%
33.0%
361.0
10.4%
67.0%
169.0
15.3%
31.4%
136.9
1.5%
25.4%
54.9
20.8%
10.2%
Mar.'15
522.5
-15.4%
90.1%
384.5
-15.0%
66.3%
54.0
6.6%
9.3%
83.9
-26.8%
14.5%
29.8
7.9%
5.1%
30.5
-0.6%
4.5%
Mar.'15
206.9
-15.0%
35.7%
372.9
8.0%
64.3%
175.2
11.6%
30.2%
140.9
-1.0%
24.3%
56.7
24.0%
9.8%
Jun.'15
481.4
6.9%
89.3%
361.3
5.3%
67.0%
50.7
20.8%
9.4%
69.4
6.0%
12.9%
31.0
13.5%
5.8%
26.6
-6.9%
4.9%
Jun.'15
179.8
-3.1%
33.4%
359.2
11.9%
66.6%
174.2
18.3%
32.3%
129.8
1.3%
24.1%
55.2
21.2%
10.2%
Sep.'15
496.5
6.9%
89.3%
350.0
1.6%
63.0%
57.4
22.4%
10.3%
89.1
22.4%
16.0%
32.3
8.9%
5.8%
27.0
-15.5%
4.9%
Sep.'15
187.1
-1.1%
33.7%
368.8
9.5%
66.3%
178.6
13.8%
32.1%
130.1
3.0%
23.4%
60.0
12.0%
10.8%
Dec.'15
490.0
2.3%
89.3%
357.0
-2.9%
65.1%
57.3
17.0%
10.4%
75.6
20.7%
13.8%
31.2
1.2%
5.7%
27.4
-4.9%
5.0%
Dec.'15
182.1
2.4%
33.2%
366.5
1.5%
66.8%
171.8
1.7%
31.3%
137.3
0.3%
25.0%
57.3
4.3%
10.5%
Mar.'16
(Forecast)
543.6
4.0%
89.7%
393.2
2.2%
64.9%
61.6
13.9%
10.2%
88.8
5.8%
14.6%
32.0
7.4%
5.3%
30.5
0.0%
5.0%
Mar.'16
(Forecast)
215.8
4.3%
35.6%
390.3
4.7%
64.4%
188.8
7.8%
31.2%
137.7
-2.3%
22.7%
63.8
12.5%
10.5%
*1 Due to the change in lease transaction reporting from FY16/03, sales figures and related indicators of FY15/03 have also been adjusted retroactively to conform to the curre
★ We have started to adopt International Financial Reporting Standards (IFRS) for the consolidated financial statements from FY March 31, 2015, instead of U.S. GAAP.