Toshiba Tec : (Corrections) Notice Regarding Partial Corrections to the "Notice regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation by necessary procedures such as Company Split (Simplified Absorption-type Company Split), and the conclusion of a Business Integration Agreement and a Shareholders Agreement related to the integration of MFP’s development and manufacturing"
July 19, 2023 at 02:07 am EDT
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July 19, 2023
Company name
Ricoh Company, Ltd.
Representative
Akira Oyama
President and CEO
(Securities code: 7752,
Tokyo Stock Exchange Prime Market)
Contact
Takashi Kawaguchi
Executive Corporate Officer and CFO
(TEL: +81-50-3814-2805)
Company name
Toshiba Tec Corporation
Representative
Hironobu Nishikori
Representative Director
President and Chief Executive Officer
(Securities code: 6588,
Tokyo Stock Exchange Prime Market)
Contact
Akira Abe
General Manager of Corporate
Communications Division
(TEL: +81-3-6830-9151)
(Corrections) Notice Regarding Partial Corrections to the
"Notice regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation by necessary procedures such as Company Split (Simplified Absorption-type Company Split), and the conclusion of a Business Integration Agreement and a Shareholders Agreement related to the integration of MFP's development and manufacturing"
Ricoh Company, Ltd. ("Ricoh") and Toshiba Tec Corporation ("Toshiba Tec") hereby announce that they have made corrections to the "Notice regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation by necessary procedures such as Company Split (Simplified Absorption-type Company Split), and the conclusion of a Business Integration Agreement and a Shareholders Agreement related to the integration of MFP's development and manufacturing" released on May 19, 2023 (the "Previous Timely Disclosure") as follows.
Note
1. Reason for Corrections
Corrections are being made upon discovering partial errors in the Previous Timely Disclosure.
2. Details of Corrections
In the Previous Timely Disclosure, under "7. Outline of the splitting businesses", sections "(2) Business results of the division to be split (FY ended March 2022*)" and "(3) Items and book value of assets and liabilities to be split (as of March 31, 2022*)" are corrected as follows. Corrected items are underlined and
1
certain information without corrections is omitted.
(Before Corrections)
(2) Business results of the division to be split (FY ended March 2022*)
Ricoh
Toshiba Tec
(Omitted)
Net sales
73,737million yen
*(Omitted)
Items and book value of assets and liabilities to be split (as of March 31, 2022*) Ricoh
(Omitted)
Toshiba Tec
Assets
Liabilities
Current assets
27,826million yen
Interest-bearing debt
2,140million yen
Fixed assets
8,234million yen
Other liabilities
20,644million yen
Total
36,060million yen
Total
22,784million yen
*(Omitted)
(After Corrections)
(2) Business results of the division to be split (FY ended March 2022*)
Ricoh
Toshiba Tec
(Omitted)
Net sales
66,039million yen
*(Omitted)
Items and book value of assets and liabilities to be split (as of March 31, 2022*) Ricoh
(Omitted)
Toshiba Tec
Assets
Liabilities
Current assets
21,538million yen
Interest-bearing debt
2,432million yen
Fixed assets
6,703million yen
Other liabilities
15,559million yen
Total
28,241million yen
Total
17,991million yen
*(Omitted)
2
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Disclaimer
Toshiba TEC Corporation published this content on 19 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2023 06:06:11 UTC.
TOSHIBA TEC CORPORATION is a Japan-based company mainly engaged in the development, manufacture, sale and maintenance of office machinery and electrical machinery. The Company operates through two business segments. The Retail Solutions segment is involved in the development, manufacture, sale and maintenance of point-of-sale (POS) systems for domestic and overseas markets, multifunction devices for the domestic market, auto identification (ID) systems for the domestic market and the other related products. The Printing Solutions segment is involved in the development, manufacture, sale and maintenance of multifunction devices for overseas markets, auto ID systems for overseas markets, inkjet heads for domestic and overseas markets and the other related products.
Toshiba Tec : (Corrections) Notice Regarding Partial Corrections to the "Notice regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation by necessary procedures such as Company Split (Simplified Absorption-type Company Split), and the conclusion of a Business Integration Agreement and a Shareholders Agreement related to the integration of MFP’s development and manufacturing"