Ricoh Company, Ltd. INTERIM REPORT -APPENDIX- (Half year ended September 30, 2000) 1. Performance Outline (Consolidated) Year ended Mar. 31, ’00 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).... Interim (net) income (billions of yen))................................. (% change from the previous corresponding period).... Interim (net) income per share (yen)................................... Expenditure for plant and equipment (billions of yen)....... Depreciation for tangible fixed assets (billions of yen)...... R&D Expenditure (billions of yen).................................... Interest income (expenses) net (billions of yen)................. Exchange rate (US$)........................................................... Exchange rate (EURO)....................................................... 1,447.1 580.0 88.9 70.3 41.9 60.61 58.3 61.9 66.5 -4.1 111.52 115.35 Half year ended 2nd half year Year ended Sept. 30, ’00 ended Mar. 31, ’01 Mar. 31, ’01 735.3 2.5 294.0 0.1 51.1 16.1 46.1 36.4 25.8 26.3 37.27 37.3 28.9 38.2 2.0 107.23 98.63 (Forecast) (Forecast) 774.6 6.2 306.9 7.3 53.8 20.0 47.8 30.9 27.1 26.5 39.24 38.6 36.0 37.8 -0.3 105.00 90.00 1,510.0 4.3 601.0 3.6 105.0 18.1 94.0 33.5 53.0 26.4 76.51 76.0 65.0 76.0 1.7 106.00 94.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 Sales by Product Line (Consolidated) (Billions of yen) Half year ended 2nd half year 2nd half year Year ended Sept. 30, ’00 Year ended ended Mar. 31, ’01 ended Mar. 31, ’01 Mar. 31, ’01 Mar. 31, ’01 (Forecast) (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) Copiers and related supplies: Domestic (% change) Overseas (% change) Total (% change) 245.3 6.5 211.5 11.3 456.8 8.7 245.3 6.5 228.6 20.4 474.0 12.7 472.0 4.1 418.0 0.3 890.0 2.3 472.0 4.1 464.9 11.6 936.9 7.7 Communications and Information Systems: Domestic 144.1 (% change) Overseas 54.1 (% change) Total 198.2 (% change) 145.8 7.2 588 -14.8 204.7 -0.2 145.8 7.2 639 -7.4 209.7 2.3 290.0 10.6 1,130 -6.3 403.0 5.3 290.0 10.6 1,256 4.2 415.6 8.6 Other Businesses: Domestic (% change) Overseas (% change) Total (% change) 92.6 9.2 20.4 5.8 113.1 8.6 92.6 9.2 20.9 8.2 113.5 9.0 178.0 13.1 39.0 6.3 217.0 11.8 178.0 13.1 41.3 12.7 219.3 13.0 483.8 7.2 290.8 4.5 117.5 8.4 122.8 -3.7 50.4 19.0 774.6 6.2 483.8 7.2 313.4 12.6 118.5 9.4 144.0 12.9 50.9 20.0 797.3 9.3 940.0 7.7 570.0 -0.7 230.0 -0.5 240.0 -7.2 100.0 18.6 1,510.0 4.3 940.0 7.7 632.0 10.1 241.5 4.5 285.0 10.2 105.5 25.2 1,572.0 8.6 Total: Domestic (% change) Overseas (% change) The Americas (% change) Europe (% change) Other (% change) Total (% change) Reference: Exchange rate US$ 1.... ...................... EURO 1....................... 226.6 (Forecast) 206.4 433.1 85.3 18.5 103.8 456.1 279.1 112.4 117.1 49.5 735.3 2nd half year ended Mar. 31, ’00 Year ended Mar. 31, ’00 Half Year ended Sept. 30, ’ 00 2nd half year ended Mar. 31, ’01 Year ended Mar. 31, ’01 ¥105.81 ¥107.27 ¥111.52 ¥115.35 ¥107.23 ¥98.63 ¥105.00 ¥90.00 ¥106.00 ¥94.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 Consolidated Sales by Product Category(Office equipment; other businesses) (Billions of yen) Half year ended Sept. 30, ’00 2nd half year 2nd half year ended Mar. 31, ’01 ended Mar. 31, ’01 (Forecast) Year ended Year ended Mar. 31, ’01 Mar. 31, ’01 (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) <Office Equipment> Imaging Solutions: Digital Imaging Systems ..... (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change ........................ 275.1 160.5 114.6 Other Imaging Systems.......... (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change) ...................... 147.1 Total Imaging Solutions............ (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change) ...................... 422.2 Networking input/output systems: Printing Systems.................... (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change) ...................... Other Input/Output Systems... (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change) ...................... 61.9 85.2 222.4 199.8 89.7 41.9 47.8 18.8 8.0 10.8 Total Networking Input/Output Systems. (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change) ...................... 108.6 Network System Solutions ........ (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change) ...................... Total Office Equipment ............ (% change) ...................... Domestic .......................... (% change) ...................... Overseas .......................... (% change) ...................... 100.4 49.9 58.6 98.3 2.1 631.4 370.7 260.6 (Forecast) 293.8 5.0 170.4 11.1 123.3 -2.3 303.6 8.5 170.4 11.1 133.1 5.4 569.0 4.2 331.0 10.4 238.0 -3.4 595.0 8.9 331.0 10.4 264.0 7.1 139.8 -13.8 57.0 -20.8 82.7 -8.2 147.2 -9.3 57.0 -20.8 90.1 0.0 287.0 -18.4 119.0 -20.3 168.0 -17.1 306.5 -12.9 119.0 -20.3 187.5 -7.5 433.7 -1.9 227.5 0.9 206.1 -4.8 450.8 2.0 227.5 0.9 223.3 3.1 856.0 -4.7 450.0 0.2 406.0 -9.6 901.5 0.4 450.0 0.2 451.5 0.5 100.2 36.7 51.0 15.6 49.1 68.6 105.1 43.4 51.0 15.6 54.0 85.4 190.0 34.7 93.0 19.8 97.0 52.9 202.4 43.4 93.0 19.8 109.4 72.4 25.1 42.4 11.9 102.9 13.1 12.0 25.2 43.3 11.9 102.9 13.3 13.4 44.0 37.5 20.0 110.1 24.0 6.7 45.5 42.3 20.0 110.1 25.5 13.7 125.3 37.8 63.0 25.9 62.3 52.4 130.4 43.4 63.0 25.9 67.3 64.7 234.0 35.2 113.0 29.6 121.0 40.8 247.9 43.2 113.0 29.6 134.9 57.0 102.5 10.8 100.6 10.8 1.8 14.6 661.5 5.8 391.2 6.8 270.3 4.4 102.5 10.8 100.6 10.8 1.8 16.4 683.7 9.3 391.2 6.8 292.5 13.0 203.0 11.6 199.0 10.7 4.0 77.5 1,293.0 3.2 762.0 6.5 531.0 -1.2 203.1 11.7 199.0 10.7 4.1 84.6 1,352.6 7.9 762.0 6.5 590.6 9.9 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 Consolidated Sales by Product Category(Office equipment; Other Businesses)(continued) (Billions of yen) Half year ended Sept. 30, ’00 2nd half year 2nd half year ended Mar. 31, ’01 ended Mar. 31, ’01 (Forecast) Year ended Year ended Mar. 31, ’01 Mar. 31, ’01 (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) (Forecast) <Other Businesses> Other Businesses....................... 103.8 113.1 113.5 217.0 219.3 (% change) ...................... 8.6 9.0 11.8 13.0 Domestic .......................... 85.3 92.6 92.6 178.0 178.0 (% change) ...................... 9.2 9.2 13.1 13.1 Overseas .......................... 18.5 20.4 20.9 39.0 41.3 (% change) ...................... 5.8 8.2 6.3 12.7 Grand Total .......................... 735.3 774.6 797.3 1,510.0 1,572.0 (% change) ...................... 6.2 9.3 4.3 8.6 Domestic .......................... 456.1 483.8 483.8 940.0 940.0 (% change) ...................... 7.2 7.2 7.7 7.7 Overseas .......................... 279.1 290.8 313.4 570.0 632.0 (% change) ...................... 4.5 12.6 -0.7 10.1 The Americas................. 112.4 117.5 118.5 230.0 241.5 (% change) ...................... 8.4 9.4 -0.5 4.5 Europe .......................... 117.1 122.8 144.0 240.0 285.0 (% change) ...................... -3.7 12.9 -7.2 10.2 Other .......................... 49.5 50.4 50.9 100.0 105.5 (% change) ...................... 19.0 20.0 18.6 25.2 Each category includes the following products: Digital Imaging Systems............. Digital PPCs, color PPCs, stencil 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 US$ 1.... ...................... EURO 1....................... 2nd half year ended Mar. 31, ’00 Year ended Mar. 31, ’00 Half Year ended Sept. 30, ’ 00 2nd half year ended Mar. 31, ’01 Year ended Mar. 31, ’01 ¥105.81 ¥107.27 ¥111.52 ¥115.35 ¥107.23 ¥98.63 ¥105.00 ¥90.00 ¥106.00 ¥94.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 2. Performance Outline (Nonconsolidated) Year ended Mar. 31, ’00 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).... Ordinary income (billions of yen)..................... (% change from the previous corresponding period).... Interim (net) income (billions of yen))................................. (% change from the previous corresponding period).... Interim (net) income per share (yen)................................... Expenditure for plant and equipment (billions of yen)....... Depreciation for tangible fixed assets (billions of yen)...... R&D Expenditure (billions of yen).................................... Interest income (expenses) net (billions of yen)................. Exchange rate (US$)........................................................... Exchange rate (EURO)....................................................... 777.5 228.2 58.2 50.1 22.6 32.69 17.8 21.9 64.3 4.8 112.00 113.86 Half year ended 2nd half year Year ended Sept. 30, ’00 ended Mar. 31, ’01 Mar. 31, ’01 413.8 8.6 120.7 6.7 30.2 0.7 27.9 16.0 12.1 -13.6 17.56 14.4 9.4 35.8 4.4 107.27 98.68 (Forecast) (Forecast) 416.1 5.0 121.2 5.4 30.7 9.1 29.0 11.6 16.8 97.2 24.31 18.5 13.5 35.1 2.2 105.00 90.00 830.0 6.8 242.0 6.0 61.0 4.8 57.0 13.7 29.0 28.2 41.87 33.0 23.0 71.0 6.7 106.00 94.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 Sales by Product Line (Nonconsolidated) (Billions of yen) Half year ended 2nd half year 2nd half year Year ended Sept. 30, ’00 Year ended ended Mar. 31, ’01 ended Mar. 31, ’01 Mar. 31, ’01 Mar. 31, ’01 (Forecast) (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) Copiers and related supplies: Domestic (% change) Export (% change) Total (% change) 160.5 114.4 275.0 Communications and Information Systems: Domestic 82.4 (% change) Export 27.7 (% change) Total 110.2 (% change) Photographic Equipment: Domestic (% change) Export (% change) Total (% change) Other Businesses: Domestic (% change) Export (% change) Total (% change) Total: Domestic (% change) Export (% change) The Americas (% change) Europe (% change) Other (% change) Total (% change) Reference: Exchange rate US$ 1.... ...................... EURO 1....................... 2.3 1.7 4.1 19.2 5.2 24.5 264.6 149.2 65.0 61.8 22.3 413.8 (Forecast) 172.4 1.9 95.5 -3.2 268.0 0.0 172.4 1.9 99.2 0.5 271.6 1.4 333.0 1.2 210.0 1.1 543.0 1.2 333.0 1.2 225.8 8.7 558.8 4.1 90.5 13.4 26.2 7.5 116.7 12.0 90.5 13.4 27.5 12.9 118.0 13.3 173.0 17.0 54.0 9.6 227.0 15.2 173.0 17.0 59.6 20.9 232.6 18.0 2.6 26.1 2.2 37.3 4.8 31.0 2.6 26.1 2.3 42.8 4.9 33.5 5.0 4.2 4.0 23.9 9.0 12.1 5.0 4.2 4.3 33.1 9.3 15.9 19.7 19.3 6.7 63.7 26.4 28.1 19.7 19.3 6.7 64.8 26.4 28.3 39.0 41.1 12.0 50.6 51.0 43.2 39.0 41.1 12.2 53.1 51.2 43.8 285.3 6.6 130.7 1.5 56.9 8.0 54.1 -5.2 19.6 3.4 416.1 5.0 285.3 6.6 135.9 5.5 56.5 7.2 59.8 4.9 19.4 2.4 421.2 6.3 550.0 8.0 280.0 4.4 122.0 5.7 116.0 0.4 42.0 12.8 830.0 6.8 550.0 8.0 301.9 12.6 125.1 8.4 133.2 15.3 43.6 17.1 851.9 9.6 2nd half year ended Mar. 31, ’00 Year ended Mar. 31, ’00 Half Year ended Sept. 30, ’ 00 2nd half year ended Mar. 31, ’01 Year ended Mar. 31, ’01 ¥105.88 ¥106.80 ¥112.00 ¥113.86 ¥107.27 ¥98.68 ¥105.00 ¥90.00 ¥106.00 ¥94.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 Nonconsolidated Sales by Product Category(Office equipment; other businesses) (Billions of yen) Half year ended Sept. 30, ’00 2nd half year 2nd half year ended Mar. 31, ’01 ended Mar. 31, ’01 (Forecast) Year ended Year ended Mar. 31, ’01 Mar. 31, ’01 (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) <Office Equipment> Imaging Solutions: Digital Imaging Systems ..... (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ....................... 216.4 108.6 107.7 Other Imaging Systems.......... (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ...................... 68.1 Total Imaging Solutions............ (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ...................... 284.5 Networking input/output systems: Printing Systems.................... (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ...................... Other Input/Output Systems... (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ...................... 50.5 17.5 159.1 125.3 36.0 27.7 8.2 17.1 8.7 8.4 Total Networking Input/Output Systems. (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ...................... 53.2 Network System Solutions ........ (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ...................... Total Office Equipment ............ (% change) ...................... Domestic .......................... (% change) ...................... Export .......................... (% change) ...................... 47.4 36.5 16.7 47.3 0 385.2 243.0 142.1 (Forecast) 214.6 4.7 123.7 11.3 90.9 -3.2 218.1 6.3 123.7 11.3 94.3 0.5 431.1 5.9 232.4 10.1 198.7 1.3 445.7 9.4 232.4 10.1 213.3 8.7 53.1 -29.3 40.4 -31.1 12.7 -22.8 53.8 -28.4 40.4 -31.1 13.3 -18.8 121.3 -20.8 91.0 -24.8 30.3 -6.0 124.1 -19.0 91.0 -24.8 33.1 2.7 267.8 -4.4 164.2 -3.4 103.6 -6.1 271.9 -3.0 164.2 -3.4 107.7 -2.4 552.4 -1.4 323.4 -2.6 229.0 0.2 569.8 1.7 323.4 -2.6 246.4 7.9 42.9 26.2 34.2 22.3 8.7 44.6 43.4 27.8 34.2 22.3 9.2 53.3 79.0 16.2 62.0 20.3 17.0 3.2 81.2 19.4 62.0 20.3 19.2 16.6 19.8 52.3 10.4 67.2 9.3 38.5 20.1 55.2 10.4 67.2 9.7 44.1 37.0 64.6 19.2 82.8 17.8 48.7 38.8 72.6 19.2 82.8 19.6 63.7 62.7 33.4 44.6 30.5 18.0 41.3 63.6 35.4 44.6 30.5 18.9 48.5 116.0 28.2 81.2 30.9 34.8 22.3 120.0 32.6 81.2 30.9 38.8 36.4 54.1 21.0 54.0 20.8 0.1 1751.2 384.7 3.4 262.9 5.6 121.8 -1.1 54.1 21.0 54.0 20.8 0.1 1751.2 389.7 4.8 262.9 5.6 126.8 3.0 101.5 22.5 101.3 22.3 0.2 988.6 770.0 4.9 506.0 6.1 264.0 2.8 101.5 22.5 101.3 22.3 0.2 988.6 791.4 7.8 506.0 6.1 285.4 11.1 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 Nonconsolidated Sales by Product Category(Office equipment; Other Businesses)(continued) (Billions of yen) Half year ended Sept. 30, ’00 2nd half year 2nd half year ended Mar. 31, ’01 ended Mar. 31, ’01 (Forecast) Year ended Year ended Mar. 31, ’01 Mar. 31, ’01 (exc. Exchange rate effect) (Forecast) (exc. Exchange rate effect) (Forecast) (Forecast) <Other Businesses> Other Businesses....................... 28.6 31.3 31.4 60.0 60.5 (% change) ...................... 28.5 29.1 37.5 38.7 Domestic .......................... 21.6 22.3 22.3 44.0 44.0 (% change) ...................... 20.0 20.0 35.7 35.7 Export .......................... 7.0 8.9 9.1 16.0 16.5 (% change) ...................... 56.1 58.5 42.9 47.3 Grand Total .......................... 413.8 416.1 421.2 830.0 851.9 (% change) ...................... 5.0 6.3 6.8 9.6 Domestic .......................... 264.6 285.3 285.3 550.0 550.0 (% change) ...................... 6.6 6.6 8.0 8.0 Export .......................... 149.2 130.7 135.9 280.0 301.9 (% change) ...................... 1.5 5.5 4.4 12.6 The Americas................. 65.0 56.9 56.5 122.0 125.1 (% change) ...................... 8.0 7.2 5.7 8.4 Europe .......................... 61.8 54.1 59.8 116.0 133.2 (% change) ...................... -5.2 4.9 0.4 15.3 Other .......................... 22.3 19.6 19.4 42.0 43.6 (% change) ...................... 3.4 2.4 12.8 17.1 Each category includes the following products: Digital Imaging Systems............. Digital PPCs, color PPCs, stencil 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 US$ 1.... ...................... EURO 1....................... 2nd half year ended Mar. 31, ’00 Year ended Mar. 31, ’00 Half Year ended Sept. 30, ’ 00 2nd half year ended Mar. 31, ’01 Year ended Mar. 31, ’01 ¥105.88 ¥106.80 ¥112.00 ¥113.86 ¥107.27 ¥98.68 ¥105.00 ¥90.00 ¥106.00 ¥94.50 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 3. 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 (Half Year ended September 30, 2000) Consolidated Net sales ............................................................................................. Gross profit......................................................................................... Operating income ............................................................................... Income before income taxes ................................................................ Net income ......................................................................................... 735.3 294.0 51.1 46.2 25.8 Balance Sheets (Half Year ended September 30, 2000) Consolidated Current assets Fixed assets 756.7 809.6 Consolidated Short-term borrowings Other current Liabilities Current assets Long-term borrowings Other fixed liabilities Fixed liabilities Shareholders’ investment Assets 1,566.3 1,316.0 681.4 288.7 46.7 42.7 25.8 (Billions of yen) Equity Method 891.2 424.8 (Billions of yen) Equity Method Liabilities and shareholders’ investment Equity Method 162.8 471.9 634.7 275.9 100.9 376.8 554.8 1,566.3 61.5 478.6 540.1 140.0 81.2 221.1 554.8 1,316.0 Key Financial Ratios (Half Year ended September 30, 2000) (%) Consolidated Change from Equity Method previous period Return on assets................................................................. Return on equity…………………………………………. Equity ratio……………………………………………….. Debt/Total assets………………………………………… . Debt/Equity……… ……………………………………… Total assets turnover……………………………………… 3.0 4.7 35.4 33.0 93.2 0.47 1.8 0.6 4.0 -5.0 -27.8 - Change from previous period 3.3 4.7 42.2 15.3 36.3 0.52 Ricoh Co., Ltd. Interim Report Half Year ended September 30, 2000 1.8 0.6 4.7 -4.3 -16.1 -