Ricoh : Notice Regarding Revisions to the Ricoh Way Corporate Philosophy
February 05, 2023 at 07:10 pm EST
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TOKYO, February 6, 2023 - Ricoh has revised its corporate philosophy, the Ricoh Way, the essential guide that serves as the basis for daily decisions and activities at the company, effective April 1, 2023.
Ricoh will roll out its 21st Mid-Term Management Strategy (MTS) from April 2023 with a new management structure. The new Ricoh Way redefines "Fulfillment through Work" as the new Mission and Vision from the current long-term vision for 2036, Ricoh's centennial anniversary. The revised Mission and Vision statement is as follows: "At Ricoh, we empower individuals to find Fulfillment through Work by understanding and transforming how people work so we can unleash their potential and creativity to realize a sustainable future." This statement contains three elements: Ricoh's Mission, its Vision, and what Ricoh envisions as "Fulfillment through Work."
Since its founding, Ricoh has supported and evolved how work is performed in society. Each employee working to their utmost can find fulfillment through work and create value that enables customers to do likewise. Expanding such a cycle of fulfillment empowers Ricoh to continue to help build a sustainable society that provides fulfilling work and economic growth.
Ricoh Company Ltd. published this content on 06 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 February 2023 00:09:01 UTC.
Ricoh Company, Ltd. is one of the world's leading office equipment manufacturers. Net sales break down by family of products and services as follows:
- office automation equipment (48.5%): photocopiers, fax machines and printing systems;
- IT equipment and network systems (31.6%): PCs, servers, software, etc. The group also offers installation and start-up, training, technical support, and maintenance services;
- commercial and industrial printing solutions and systems (9.5%): inkjet print heads, imaging systems, commercial and industrial printers;
- thermal paper and thermal transfer ribbons (3.4%): for label printing;
- other (7%): primarily optical equipment, semiconductor, electronic components, measurement systems, photographic equipment, integrated circuits, and electronic processing equipment.
Net sales break down geographically as follows: Japan (44.8%), Europe/Middle East/Africa (23.4%), Americas (23%) and other (8.8%).
RICOH COMPANY, LTD. 
