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RICOH ELECTRONIC DEVICES CO., LTD.

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Notification about inauguration of Ricoh Electronic Devices Company, Ltd.

Oct. 1, 2014
Ricoh Electronic Devices Co., Ltd.

We will inform about inauguration of Ricoh Electronic Devices.

Background

In line with its 18th Mid-Term Management Plan for the three years starting in April 2014, Ricoh will pursue group synergy by combining its comprehensive strengths to reinforce the industrial products business as a new business pillar to succeed the imaging & solutions business.

Objective of the Reorganization

As part of strengthening of the industrial business, the spinoff of the electronic devices business with an environment and model different from Ricoh’s core imaging & solutions business will be implemented with the aim of expediting decision-making based on independence and autonomy and develop an efficient management infrastructure suitable for the business, thereby increasing its competitiveness in the fast changing market environment for semiconductors.