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Ricoh Company Profit Rises 284% in Fiscal Q1

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Ricoh Company (TYO:7752) posted a 284.1% year-over-year increase in profit attributable to owners of the parent to 37 billion yen for the three months ended June 30 from 9.6 billion yen.

The Japan-based technology company's profit per share increased to 65.30 yen from 16.96 yen a year ago, according to a Tokyo Stock Exchange filing on Monday.

Sales jumped 8.4% to 629.8 billion yen from 580.7 billion yen in the year-ago period.

For the fiscal year ending March 31, 2027, the company forecasts an attributable profit of 62 billion yen, an EPS of 111.04 yen, and sales of 2.7 trillion yen.

The company plans to pay an interim dividend of 22 yen per share for the current fiscal year.

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