Ricoh’s Total Sales for the First Three Quarters of 2017 Increased by 3.2% Year-on-Year

cost-increase-coins_0Recently, Ricoh announced fiscal reports for the first three quarters of 2017 fiscal year.

According to the report, as of the end of December 2017, Ricoh’ s total sales in 2017 were 151.62 billion yen (approximately RMB 90.047 billion), a year-on-year increase of 3.2%. Domestic sales were 579.2 billion yen (approximately 34.399 billion yuan), an increase of 5.9% year-on-year; overseas sales were 936.9 billion yen (approximately 55.643 billion yuan), an increase from the same period in the previous fiscal year 1.6%.

The total profit of Ricoh at the end of the third quarter of fiscal year 2017 was 599.3 billion yen (approximately 35.262 billion yuan), an increase of 1.4% over the same period of last fiscal year; operating profit was approximately 48 billion yen (approximately Combined RMB 2.851 billion), an increase of 68.1% year-on-year. At the end of the third quarter, Ricoh’ s pre-tax profit was 43.1 billion yen (approximately 2.56 billion yuan), which was an increase of 65% from the previous fiscal year.

In the area of office printing, Ricoh’ s sales were approximately 8,492 billion yen (approximately 50,434 million yuan), a year-on-year decrease of 1% year-on-year. In the field of office services, Ricoh’ s sales increased by 8% year-on-year to 317.5 billion yen (approximately 18,856 million yuan).

From the perspective of Ricoh’ s overseas markets, the sales of the Division’ s office printing business in the Americas was approximately 260.7 billion yen (approximately RMB 15.483 billion), a decrease of 7.1% from the same period of the previous fiscal year; while in Europe, Sales in the Middle East and Africa were approximately 233.7 billion yen (approximately 13.88 billion yuan), a year-on-year increase of 2.3%.

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