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Ricoh integrates its Regional Headquarters in Europe

Amstelveen/London, 2 April 2007 — Ricoh Europe B.V. located in Amstelveen, the Netherlands and NRG Management Ltd. located in London, United Kingdom, subsidiary companies of Ricoh Company Ltd., Japan, today announced the establishment of Ricoh Europe Holdings B.V. Taking effect on 1 April 2007, the newly formed company, wholly owned by Ricoh Company Ltd., holds all investments in the European Headquarters and operating companies.

“The integration will streamline the Ricoh Group Headquarters in the region by combining previously separate functions.  The combined strengths and resources of the new organization will allow for an even swifter responsiveness in addressing customers’ needs”, said Simon Sasaki, Chairman and Chief Executive Officer of Ricoh Europe PLC*.

Ricoh’s operations in the European, Middle Eastern and African (EMEA) regions will be executed, effective 1st April, by the following companies:

  • Ricoh Europe PLC*, with its offices in London, functions as the Strategic Headquarters of Ricoh Group for the EMEA region;
  • Ricoh Europe (Netherlands) B.V., with its offices in Amstelveen, serves as the Operational Headquarters for Ricoh Group in the EMEA region;
  • Ricoh International B.V., with its offices located in Amstelveen, manages international distributor business of the Ricoh brand for the EMEA region;
  • Ricoh Europe SCM B.V., with offices in Bergen op Zoom and Schiphol-Rijk (the Netherlands) is responsible for the supply chain management activities of the Ricoh Group in the EMEA region.

All tasks of the former existing entities of Ricoh and NRG Headquarters will be integrated into these new companies.

“Our strategy is clear, a single management structure will allow us to leverage our resources for effectiveness and efficiency while driving for continual improvement.  Harmonization will help us in further expanding our position as a partner working alongside our customers to provide solutions, services and products”, said Steve Saito, President and Chief Operating Officer of Ricoh Europe PLC*.

Ricoh Europe PLC* oversees R & D, marketing, sales, service, support and training for the Ricoh Group sales brands in the EMEA region: Ricoh, Nashuatec, Rex-Rotary, Gestetner, Lanier and Infotec as well as OEM partners.

 

Note to editors
Ricoh Europe PLC* is the EMEA Headquarters of Ricoh Company Ltd., the leading global manufacturer of office equipment, located in London, United Kingdom and Amstelveen, the Netherlands. Ricoh’s EMEA comprises 47 sales subsidiaries and affiliates.  In the fiscal year ended 31 March 2006, revenues from Ricoh’s EMEA operations totalled over € 3.15 billion, accounting for 22.7% of the company’s global revenues. Ricoh’s worldwide sales increased by 5.6% totalling ¥ 1,915 billion (€ 13.9 billion).

For further information, please contact:
Ricoh Europe PLC*
Peter T. Van der Kaag
Tel.: +44 (0)20 7465 1153
Tel.: +31 (0)20  54 74 153
E-mail: postmaster@ricoh-europe.com
Home page: www.ricoh-europe.com

* Currently, Ricoh Europe Limited, which will re-register as a public limited company shortly.




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