TYO:7752

3 stories mentioning TYO:7752Updated 41d ago

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Ricoh Company Profit Rises 284% in Fiscal Q1

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.

TYO:7752

Asia103d ago

Market Chatter: Swiftfab Leads Japanese Supplier Alliance to Slash Battery Equipment Costs

Swiftfab Energy Systems, a joint venture established in April by nine Japanese battery-equipment suppliers, is spearheading a new modular manufacturing model, Nikkei Asia reported Wednesday, citing president Keisuke Kida.The company's approach, which Kida compares to stacking building blocks to assemble a production line, is expected to reduce total equipment costs by roughly 70% and help domestic battery makers compete with Chinese rivals, the news daily said.The founding suppliers include Hitachi (TYO:6501), Ricoh (TYO:7752), Toyota Motor-affiliated (TYO:7203) Jtekt (TYO:6473), Komatsu NTC, and Seibu Giken (TYO:6223), all members of the Battery Association for Supply Chain, the publication said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

TYO:6223TYO:6473TYO:6501TYO:7203TYO:7752

Asia104d ago

Ricoh Acquires Global Vision Multimedia, Bolstering Asia-Pacific Workplace Services Portfolio

Ricoh (TYO:7752) and its Asia-Pacific subsidiary have closed the acquisition of Global Vision Multimedia, a specialized AV and multimedia integration firm, following strategic partnership talks that began in January.The deal accelerates the company's expansion of workplace services across the region by integrating Global Vision's end-to-end capabilities and ongoing support for multimedia products, according to a statement on Ricoh's website on Tuesday.Founded in 2016, Global Vision brings over 140 regional experts and a strong track record of serving multinational corporations and leading enterprises, with particular strength in centrally managing complex, cross-border projects.This acquisition is part of Ricoh's broader international investment strategy, joining previous purchases of AV and workplace solution firms across the United States, Europe, Latin America, and Canada.

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