Ricoh has announced that it has issued its annual report, the Ricoh Group Integrated Report 2018, which provides an informative overview of how the Ricoh Group creates new value.
According to the OEM, it is aimed at addressing the needs of all stakeholders, including shareholders and investors, and is presented in a concise and easy-to-understand format.
With the new President of Ricoh taking office in April 2017, the Ricoh Group made a new start under its 19th Mid-Term Management Plan. During the fiscal year ended 31 March 2018, the first year of the Plan, the Group pushed forward with strategic changes and structural reforms for future growth, under the slogan of “Ricoh Resurgent.”
In the current fiscal year, the second year, under the slogan “Ricoh Ignite,” the Group says it is leveraging the fruits of the reforms undertaken to date to deploy new strategies to reach challenging targets through Group-wide efforts. The Report presents the progress made under the 19th Mid-Term Management Plan and its growth strategy, together with an introduction of each business domain.
Ricoh explains that the OEM places the understanding of the stories behind the Group’s value creation efforts as the main priority in compiling the report. The company says that, “through this Report, we hope to foster greater understanding and support on the part of all stakeholders for the many facets of Ricoh Group’s business activities, and channel the resulting feedback into efforts to further improve management and enhance corporate value.”
You can find the Integrated Report here.
