Fiscal 2009 Financial Highlights (Consolidated)

Fiscal 2009 Financial Highlights (Consolidated)
Net sales, operating income, net income, operating margin, and net income margin
The Ricoh Group saw a sales decline in all business segments, including Imaging and Solutions, affected significantly by economic
recession and the yen’s appreciation. Overall sales fell 5.8% from the previous year to 2,091.6 billion yen. Sales in Japan declined
7.6% to 938.3 billion yen and sales in the rest of the world declined 4.2% to 1,153.3 billion yen. Operating income dropped 58.9%
from a year earlier to 74.5 billion yen, attributable to lower sales and increased costs associated with strengthening the sales
network, expansion of the printer business, structural changes, and other initiatives. Net income fell 93.9% from a year earlier to
6.5 billion yen, partly due to lower operating income and decreased non-operating profit, which is mainly attributable to foreign
currency losses and the loss on the revaluation of securities.
● Sales by category (billions of yen)
FY2009
0
Net income per share, dividends,
and consolidated dividend payout
ratio
(%)
Consolidated dividend payout ratio
20
15
Ricoh announced an annual dividend declared of 33.0
yen per share, maintaining the same dividend level as
the previous year.
17.8
(Yen)
A
18.1
Net income per share
(left scale)
150
50
0
ANNUAL REPORT 2009
365.9
22.6
18.3
10
100
Imaging Solutions
1,598.6
(76.4%)
A
B
45
30
15
B
2005
(Yen)
Dividends per share
(right scale)
33.0
2009 (FY)
Network
System Solutions
234.4
(11.2%)
9.02
938.3
74.5
106.4
1,016.0
2008
Industrial
Products
115.5
(5.5%)
146.04
2007
100
Imaging & Solutions
1,833.0
(87.6%)
33.0
2006
Other
143.0
(6.9%)
153.10
2005
150
50
6.5
D
Other
127.0
(6.1%)
28.0
C
FY2009
132.33
181.5
1,066.6 2,068.9
174.3
200
Japan
938.3
(44.9%)
Europe
523.4
(25.0%)
24.0
0
Operating
income
Net income
(Billions of yen)
148.5
83.1
500
A
The Americas
502.8
(24.0%)
C
Operating
income (right scale)
Net income (right scale)
111.7
B
966.2
1,000
841.1 1,807.4
1,500
131.1
2,000
D
943.0 1,909.2
(Billions of yen)
C
1,002.2
B
3.6
0.3
1,203.9 2,219.9
Japan (left scale)
Overseas (left scale)
A
4.8
5.4
Net margin
112.64
8.4
● Sales by area (billions of yen)
Overseas
1,153.3
(55.1%)
20.0
4.6
5.1
Operating margin 8.2
1,153.3 2,091.6
7.8
97.0
Net sales
7.3
966.2
(%)
8
6
4
2
0
2006
2007
2008
0
2009 (FY)
2006
2007
2008
2009
Fiscal 2009
Highlights
Progress of the
16th MTP
2,513.4
975.3
2,214.3
2,243.4
2,041.1
1,080.1
A
1,070.9
0
Shareholders’ equity
960.2
1,953.6
862.9
1,000
500
B
B
2005
(End of March)
Negative free cash flow generated by operating and investing
activities increased by 191.7 billion yen from the previous year
to 195.6 billion yen, mainly due to lower net income and the
cash disbursement for the acquisition of IKON.
-198.3
-195.6
2007
-250
2005
2008
Sustainable Environmental Management
-283.1
-200
Total assets
Free cash flow
-3.9
2006
-150
-300
1,500
A
RICOH
Milestones
167.2
-115.4
-100
C
0.6
(Billions of yen)
2,500
2,000
1.3
Operating cash flow, investing cash flow,
and free cash flow
B
-120.0
-50
A
-96.0
0
C
87.4
50
53.4
33.0
100
129.1
150
Investing cash flow
B
7.6
7.8
Income before income taxes on total assets
6.9
0
194.3
Operating cash flow
51.8
A
173.4
(Billions of yen)
200
9.9
8.1
8
4
Reflecting a sharp fall in net income, ROE plunged to 0.6%,
compared with 9.9% in fiscal 2008. Total assets showed an
increase of 299.1 billion yen from a year earlier to 2,513.4 billion
yen, due to the increase in cash and cash equivalents and the
effect of the acquisition of IKON, among other things. Interestbearing liabilities rose by 394.8 billion yen to 779.1 billion
yen, mainly resulting from the financing of the acquisition.
Shareholders’ equity declined by 104.8 billion yen to 975.3
billion yen.
Return on equity (ROE)
11.0
10.6
10.0
Creating New
Customer Value
(%)
12
Total assets, shareholders’ equity, income
before income taxes on total assets, and
return on equity (ROE)
To Our Shareholders
and Customers
Review of Operations
2009 (FY)
Common stock price
(Yen)
3,500
Corporate Social
Responsibility
3,000
2,500
2,000
1,500
1,000
500
Financial
Section
0
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2005
2006
2007
2008
2009
ANNUAL REPORT 2009