Ricoh reports last fiscal year earnings
Sales up 4.5% to 1,758.5 billion yen ($13.52 billion)
- Gross profit up 8.8% to 622.6 billion yen ($4.79 billion)
- Operating profit of 40 billion yen ($307.7 million)
- Digital Services division (office printing and services) had operating profit of 16.2 billion yen ($124.5 million)
- Net sales up 3.7% to 1,428,192 million yen
- Operating profit margin of 1.1%
- Digital Products division (MFPs, printers, duplicators, wide format, fax machines, scanners, digital communication, etc.) had operating profit of 41.7 billion yen ($320.7 million)
- Net sales up 8.8% to 13,172 million yen
- Operating profit margin of 11.4%
- Graphic Communications division (PPS and IP) had loss of 0.4 billion yen (-$3 million)
- Net sales of PPS (laser and inkjet) up 17% to 187,082 million yen