Ricoh Company, Ltd. FLASH REPORT -Appendix- (Year ended March 31, 2001) 1. Performance Outline (Consolidated) Year ended Year ended Half year ended March 31, ’01 March 31, ’02 September 30 ’01 (Forecast) (Forecast) 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)... Net income (billions of yen)..............................…………. (% change from the previous corresponding period)... Net income per share-basic(yen).................................…… Expenditure for plant and equipment (billions of yen)....... Depreciation for tangible fixed assets (billions of yen)..... . R&D Expenditure (billions of yen).................................... Financial income (expenses) net (billions of yen).............. Exchange rate (US$)........................................................... Exchange rate (EURO)....................................................... - 36 - 1,538.2 . 613.3 105.1 97.7 53.2 76.85 73.3 62.1 78.2 0.2 110.60 100.41 1,705.0 10.8 686.0 11.8 130.0 23.7 117.0 19.7 64.0 20.2 92.38 76.0 64.0 79.5 -2.0 115.00 105.00 830.0 12.9 334.0 13.6 61.0 19.3 54.5 18.0 29.5 14.3 42.58 39.0 30.0 39.0 -0.7 115.00 105.00 Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 2. Sales by Product Line (Consolidated) (Billions of yen) Year ended Year ended Year ended Half year ended Half year ended Mar. 31, ’01 Mar. 31, ’02 Mar. 31, ’02 Sept. 30, ’01 Sept. 30, ’01 (Forecast)(exc. Exchange rate effect)(Forecast) (exc. Exchange rate effect) (Forecast) Copiers and related supplies: Domestic (% change) Overseas (% change) Total (% change) 481.0 2.8 534.0 19.4 1,015.0 10.9 481.0 2.8 513.0 14.7 994.0 8.6 235.0 3.7 262.0 26.9 497.0 14.8 235.0 3.7 245.0 18.7 480.0 10.8 Communications and Information Systems : Domestic 300.6 (% change) Overseas 122.3 (% change) Total 423.0 (% change) 324.0 7.8 147.0 20.1 471.0 11.3 324.0 7.8 141.0 15.3 465.0 9.9 155.0 7.5 67.0 23.7 222.0 12.0 155.0 7.5 62.7 15.8 217.7 9.8 Other Businesses: Domestic (% change) Overseas (% change) Total (% change) 175.0 8.2 44.0 15.5 219.0 9.6 175.0 8.2 42.3 11.2 217.3 8.7 90.0 5.5 21.0 13.1 111.0 6.8 90.0 5.5 19.6 5.6 109.6 5.5 980.0 5.3 725.0 19.3 328.0 29.8 276.0 11.5 121.0 12.4 1,705.0 10.8 980.0 5.3 696.4 14.6 315.7 24.9 264.2 6.8 116.5 8.2 1,676.4 9.0 480.0 5.2 350.0 25.4 160.0 42.2 133.0 13.5 57.0 15.1 830.0 12.9 480.0 5.2 327.3 17.2 149.2 32.6 125.0 6.7 53.1 7.3 807.3 9.8 Total: Domestic (% change) Overseas (% change) The Americas (% change) Europe (% change) Other (% change) Total (% change) Reference: Exchange rate 467.9 (Forecast) 447.3 915.3 161.7 38.0 199.8 930.4 607.8 252.6 247.4 107.6 1,538.2 Half year ended Sept. 30, ’00 US$ 1................................ EURO 1............................ ¥107.23 ¥98.63 Year ended Mar. 31, ’01 ¥110.60 ¥100.41 - 37 - Half Year ended Sept. 30, ’ 01 ¥115.00 ¥105.00 Year ended Mar. 31, ’02 ¥115.00 ¥105.00 Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 3. Consolidated Sales by Product Category(Office equipment; other businesses) Year ended Year ended Year ended Half year ended Half year ended Mar. 31, ’01 Mar. 31, ’02 Mar. 31, ’02 Sept. 30, ’01 Sept. 30, ’01 (Forecast)(exc. Exchange rate effect)(Forecast)(exc. Exchange rate effect) (Forecast) <Office Equipment> Imaging Solutions: Digital Imaging Systems ......... (% change) .......................... Domestic ............................... (% change) .......................... Overseas ............................... (% change) ........................... 574.1 313.8 260.3 Other Imaging Systems .............. (% change) .......................... Domestic ............................... (% change) .......................... Overseas ............................... (% change) .......................... 292.8 Total Imaging Solutions ............... (% change) .......................... Domestic ............................... (% change) .......................... Overseas ............................... (% change) .......................... 867.0 Networking input/output systems: Printing Systems ......................... (% change) .......................... Domestic ............................... (% change) .......................... Overseas ............................... (% change) .......................... Other Input/Output Systems .... (% change) .......................... Domestic ............................... (% change) .......................... Overseas ............................... (% change) .......................... 120.9 171.9 434.7 432.2 217.3 109.8 107.4 44.5 19.3 25.1 Total Networking Input/Output Systems. 261.8 (% change) .......................... Domestic ............................... 129.1 (% change) .......................... Overseas ............................... 132.6 (% change) .......................... Network System Solutions........... (% change) .......................... Domestic ............................... (% change) .......................... Overseas ............................... (% change) .......................... Total Office Equipment................. (% change) .......................... Domestic ............................... (% change) .......................... Overseas ............................... (% change) .......................... 209.5 204.7 4.7 1,338.3 768.6 569.7 (Forecast) 655.0 14.1 324.0 3.2 331.0 27.1 641.9 11.8 324.0 3.2 317.9 22.1 326.0 18.5 166.0 3.4 160.0 39.6 315.6 14.7 166.0 3.4 149.6 30.5 278.0 -5.1 102.0 -15.7 176.0 2.4 270.9 -7.5 102.0 -15.7 168.9 -1.8 140.0 -4.9 52.0 -16.1 88.0 3.3 134.3 -8.7 52.0 -16.1 82.3 -3.4 933.0 7.6 426.0 -2.0 507.0 17.3 912.8 5.3 426.0 -2.0 486.8 12.6 466.0 10.4 218.0 -2.0 248.0 24.1 449.9 6.5 218.0 -2.0 231.9 16.1 272.5 25.4 140.0 27.5 132.5 23.3 267.4 23.1 140.0 27.5 127.4 18.5 122.0 35.9 60.0 43.0 62.0 29.7 118.0 31.5 60.0 43.0 58.0 21.3 49.0 10.0 22.0 13.8 27.0 7.2 48.0 7.8 22.0 13.8 26.0 3.2 22.0 16.6 10.0 24.6 12.0 10.6 21.2 12.3 10.0 24.6 11.2 3.2 321.5 22.8 162.0 25.4 159.5 20.2 315.4 20.5 162.0 25.4 153.4 15.6 144.0 32.6 70.0 40.1 74.0 26.2 139.2 28.1 70.0 40.1 69.2 18.0 231.5 10.5 217.0 6.0 14.5 202.5 1,486.0 11.0 805.0 4.7 681.0 19.5 231.0 10.3 217.0 6.0 14.0 192.1 1,459.2 9.0 805.0 4.7 654.2 14.8 109.0 8.5 102.0 3.7 7.0 226.6 719.0 13.9 390.0 5.2 329.0 26.2 108.6 8.1 102.0 3.7 6.6 208.0 697.7 10.5 390.0 5.2 307.7 18.1 - 38 - Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 3. Consolidated Sales by Product Category(Office equipment; Other Businesses)(continued) Year ended Year ended Year ended Half year ended Half year ended Mar. 31, ’01 Mar. 31, ’02 Mar. 31, ’02 Sept. 30, ’01 Sept. 30, ’01 (Forecast)(exc. Exchange rate effect)(Forecast)(exc. Exchange rate effect) (Forecast) (Forecast) <Other Businesses> Other Businesses........................... 199.8 219.0 217.3 111.0 109.6 (% change) .......................... 9.6 8.7 6.8 5.5 Domestic ............................... 161.7 175.0 175.0 90.0 90.0 (% change) .......................... 8.2 8.2 5.5 5.5 Overseas ............................... 38.0 44.0 42.3 21.0 19.6 (% change) .......................... 15.5 11.2 13.1 5.6 Grand Total ............................... 1,538.2 1,705.0 1,676.4 830.0 807.3 (% change) .......................... 10.8 9.0 12.9 9.8 Domestic ............................... 930.4 980.0 980.0 480.0 480.0 (% change) .......................... 5.3 5.3 5.2 5.2 Overseas ............................... 607.8 725.0 696.4 350.0 327.3 (% change) .......................... 19.3 14.6 25.4 17.2 The Americas ...................... 252.6 328.0 315.7 160.0 149.2 (% change) .......................... 29.8 24.9 42.2 32.6 Europe ............................... 247.4 276.0 264.2 133.0 125.0 (% change) .......................... 11.5 6.8 13.5 6.7 Other ............................... 107.6 121.0 116.5 57.0 53.1 (% change) .......................... 12.4 8.2 15.1 7.3 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 Half year ended Sept. 30, ’00 US$ 1................................ EURO 1............................ ¥107.23 ¥98.63 Year ended Mar. 31, ’01 ¥110.60 ¥100.41 - 39 - Half Year ended Sept. 30, ’ 01 ¥115.00 ¥105.00 Year ended Mar. 31, ’02 ¥115.00 ¥105.00 Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 4. Performance Outline (Nonconsolidated) Year ended Year ended Half year ended March 31, ’01 March 31, ’02 September 30 ’01 (Forecast) (Forecast) 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)... Net income (billions of yen)..............................…………. (% change from the previous corresponding period)... Net income per share-basic(yen).................................…… Expenditure for plant and equipment (billions of yen)....... Depreciation for tangible fixed assets (billions of yen)..... . R&D Expenditure (billions of yen).................................... Financial income (expenses) net (billions of yen).............. Exchange rate (US$)........................................................... Exchange rate (EURO)....................................................... - 40 - 855.4 . 247.1 . 60.6 65.9 34.4 49.67 26.6 21.7 72.5 7.9 110.55 100.67 880.0 2.9 260.0 5.2 68.0 12.1 67.0 1.6 39.0 13.4 53.62 28.7 23.5 73.0 6.2 115.00 105.00 420.0 1.5 126.0 4.4 32.0 5.8 32.0 14.5 18.5 52.1 26.70 15.0 10.5 36.0 3.4 115.00 105.00 Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 5. Sales by Product Line (Nonconsolidated) (Billions of yen) Year ended Year ended Year ended Half year ended Half year ended Mar. 31, ’01 Mar. 31, ’02 Mar. 31, ’02 Sept. 30, ’01 Sept. 30, ’01 (Forecast) (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) Copiers and related supplies: Domestic (% change) Export (% change) Total (% change) 326.6 230.5 557.1 Communications and Information Systems : Domestic 183.3 (% change) Export 53.0 (% change) Total 236.3 (% change) Photographic equipment: Domestic (% change) Export (% change) Total (% change) Other Businesses: Domestic (% change) Export (% change) Total (% change) Total: Domestic (% change) Export (% change) The Americas (% change) Europe (% change) Other (% change) Total (% change) Reference: Exchange rate 4.6 3.3 7.9 41.1 12.8 54.0 555.7 299.7 128.3 121.8 49.5 855.4 Half year ended Sept. 30, ’00 US$ 1................................ EURO 1............................ ¥107.27 ¥98.68 (Forecast) 341.5 4.6 238.5 3.5 580.0 4.1 341.5 4.6 235.7 2.3 577.2 3.6 164.5 2.5 115.5 0.9 280.0 1.8 164.5 2.5 110.7 -3.2 275.2 0.1 187.0 2.0 57.0 7.5 244.0 3.2 187.0 2.0 56.2 6.2 243.2 2.9 85.5 3.7 28.5 2.7 114.0 3.4 85.5 3.7 27.3 -1.6 112.8 2.3 5.0 8.6 3.3 -1.1 8.3 4.5 5.0 8.6 3.2 -2.0 8.2 4.1 2.5 5.7 1.5 -13.8 4.0 -2.6 2.5 5.7 1.4 -17.4 3.9 -4.1 36.5 -11.3 11.2 -13.2 47.7 -11.8 36.5 -11.3 11.1 -13.7 47.6 -11.9 17.5 -9.1 4.5 -15.0 22.0 -10.4 17.5 -9.1 4.3 -18.5 21.8 -11.2 570.0 2.6 310.0 3.4 132.0 2.8 126.5 3.8 51.5 3.9 880.0 2.9 570.0 2.6 306.4 2.2 132.2 3.0 122.6 0.7 51.5 4.1 876.4 2.5 270.0 2.0 150.0 0.5 65.0 0.0 62.0 0.2 23.0 2.9 420.0 1.5 270.0 2.0 143.7 -3.6 63.0 -3.0 58.5 -5.4 22.1 -0.7 413.7 0.0 Year ended Mar. 31, ’01 ¥110.55 ¥100.67 - 41 - Half Year ended Sept. 30, ’ 01 ¥115.00 ¥105.00 Year ended Mar. 31, ’02 ¥115.00 ¥105.00 Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 6. Nonconsolidated Sales by Product Category(Office equipment; other businesses) Year ended Year ended Year ended Half year ended Half year ended Mar. 31, ’01 Mar. 31, ’02 Mar. 31, ’02 Sept. 30, ’01 Sept. 30, ’01 (Forecast) (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) <Office Equipment> Imaging Solutions: Digital Imaging Systems ......... (% change) .......................... Domestic ............................... (% change) .......................... Export ............................... (% change) ........................... 422.2 206.2 215.9 Other Imaging Systems .............. (% change) .......................... Domestic ............................... (% change) .......................... Export ............................... (% change) .......................... 126.6 Total Imaging Solutions ............... (% change) .......................... Domestic ............................... (% change) .......................... Export ............................... (% change) .......................... 548.8 Networking input/output systems: Printing Systems ......................... (% change) .......................... Domestic ............................... (% change) .......................... Export ............................... (% change) .......................... Other Input/Output Systems .... (% change) .......................... Domestic ............................... (% change) .......................... Export ............................... (% change) .......................... 98.1 28.4 304.4 244.4 97.2 76.6 20.5 39.1 20.7 18.4 Total Networking Input/Output Systems. 136.4 (% change) .......................... Domestic ............................... 97.3 (% change) .......................... Export ............................... 39.0 (% change) .......................... Network System Solutions........... (% change) .......................... Domestic ............................... (% change) .......................... Export ............................... (% change) .......................... Total Office Equipment................. (% change) .......................... Domestic ............................... (% change) .......................... Export ............................... (% change) .......................... 108.2 108.1 0 793.5 509.9 283.5 (Forecast) 439.4 4.1 214.5 4.0 224.9 4.2 436.7 3.5 214.5 4.0 222.2 2.9 217.0 0.3 107.0 -1.5 110.0 2.0 212.4 -1.8 107.0 -1.5 105.4 -2.2 113.4 -10.5 91.0 -7.3 22.4 -21.4 113.0 -10.7 91.0 -7.3 22.0 -22.6 58.4 -14.3 46.0 -9.0 12.4 -29.4 57.8 -15.0 46.0 -9.0 11.8 -32.4 552.8 0.7 305.5 0.3 247.3 1.2 549.8 0.2 305.5 0.3 244.3 0.0 275.4 -3.2 153.0 -3.9 122.4 -2.4 270.3 -5.0 153.0 -3.9 117.3 -6.4 116.0 19.3 92.5 20.6 23.5 14.2 115.8 19.1 92.5 20.6 23.3 13.3 48.0 33.1 38.0 36.7 10.0 21.0 47.5 32.0 38.0 36.7 9.5 15.9 46.0 17.5 21.5 3.8 24.5 32.9 45.7 16.8 21.5 3.8 24.2 31.4 21.0 22.1 9.5 8.8 11.5 35.8 20.5 19.3 9.5 8.8 11.0 30.2 162.0 18.8 114.0 17.1 48.0 23.0 161.5 18.4 114.0 17.1 47.5 21.9 69.0 29.6 47.5 30.1 21.5 28.5 68.1 27.9 47.5 30.1 20.6 23.1 109.2 0.9 109.0 0.8 0.2 111.9 824.0 3.8 528.5 3.6 295.5 4.2 109.2 0.9 109.0 0.8 0.2 111.7 820.5 3.4 528.5 3.6 292.0 3.0 49.6 4.5 49.5 4.5 0.1 2.1 394.0 2.3 250.0 2.9 144.0 1.3 49.5 4.5 49.5 4.5 0 -0.1 388.0 0.7 250.0 2.9 138.0 -2.9 - 42 - Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 6. Nonconsolidated Sales by Product Category(Office equipment; Other Businesses)(continued) Year ended Year ended Year ended Half year ended Half year ended Mar. 31, ’01 Mar. 31, ’02 Mar. 31, ’02 Sept. 30, ’01 Sept. 30, ’01 (Forecast) (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) (Forecast) <Other Businesses> Other Businesses........................... 61.9 56.0 55.8 26.0 25.7 (% change) .......................... -9.7 -9.8 -9.3 -10.2 Domestic ............................... 45.7 41.5 41.5 20.0 20.0 (% change) .......................... -9.3 -9.3 -7.5 -7.5 Export ............................... 16.2 14.5 14.3 6.0 5.7 (% change) .......................... -10.7 -11.4 -14.7 -18.3 Grand Total ............................... 855.4 880.0 876.4 420.0 413.7 (% change) .......................... 2.9 2.5 1.5 0.0 Domestic ............................... 555.7 570.0 570.0 270.0 270.0 (% change) .......................... 2.6 2.6 2.0 2.0 Export ............................... 299.7 310.0 306.4 150.0 143.7 (% change) .......................... 3.4 2.2 0.5 -3.6 The Americas ...................... 128.3 132.0 132.2 65.0 63.0 (% change) .......................... 2.8 3.0 -0.0 -3.0 Europe ............................... 121.8 126.5 122.6 62.0 58.5 (% change) .......................... 3.8 0.7 0.2 -5.4 Other ............................... 49.5 51.5 51.5 23.0 22.1 (% change) .......................... 3.9 4.1 2.9 -0.7 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 Half year ended Sept. 30, ’00 US$ 1................................ EURO 1............................ ¥107.27 ¥98.68 Year ended Mar. 31, ’01 ¥110.55 ¥100.67 - 43 - Half Year ended Sept. 30, ’ 01 ¥115.00 ¥105.00 Year ended Mar. 31, ’02 ¥115.00 ¥105.00 Ricoh Co., Ltd. Flash Report Year ended March 31, 2001 7. 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 (Year ended March 31, 2001) (Billions of yen) Consolidated Net sales............................................................................................................. Gross profit ........................................................................................................ Operating income.............................................................................................. Income before income taxes ............................................................................ Net income ......................................................................................................... Equity Method 1,538.2 613.3 105.1 97.7 53.2 1,429.7 602.9 97.3 90.4 53.2 Balance Sheets (Year ended March 31, 2001) Consolidated Current assets Fixed assets (Billions of yen) Equity Method 779.4 925.3 Consolidated 940.2 530.8 Short-term borrowings Minority investment Shareholders ’ investment 321.1 458.3 779.4 217.7 103.4 321.1 47.4 556.7 153.1 537.8 690.9 93.3 102.7 195.9 27.5 556.7 Liabilities and shareholders’ investment 1,704.7 1,471.1 Other current liabilities Current liabilities Long-term indebtedness Other fixed liabilities Fixed liabilities Assets 1,704.7 1,471.1 Equity Method Key Financial Ratios (Year ended March 31, 2001) Consolidated Change from Equity Method previous period Return on assets ................................................................. Return on equity…………………………………………. Equity ratio………………………………………………. Debt/Total assets…………………………………………. Debt/Equity……… ……………………………………… Total assets turnover……………………………………… - 44 - 6.0% 9.7% 32.7% 31.6% 96.8% 0.95 1.6% points 1.6% points -2.4% points -1.8% points 1.7% points - Change from previous period 6.5% 9.7% 37.8% 16.7% 44.3% 1.03 1.5% points 1.6% points -3.3% points 0.7% point 5.5% points - Ricoh Co., Ltd. Flash Report Year ended March 31, 2001