Ricoh Co Ltd (7752.T)
Latest Key Developments (Source: Significant Developments)
May 18 (Reuters) - Ricoh Co Ltd <7752.T>:Says it will sell 4.3 million shares(66.6 percent stake) of unit Ricoh Logistics System Co., Ltd., to SBS Holdings Inc <<<2384.T>>>, for 18 billion yen in total.Says it will sell 2.2 million shares(33.4 percent stake) of unit Ricoh Logistics System Co., Ltd., to a holding company which will be established by the company, for 9 billion yen in total .Says it will sell 33.4 percent stake in the holding company to OTSUKA CORP <<<4768.T>>> after sale of the unit .Effective Aug. 1 . Full Article
Oct 30(Reuters) - Nisshinbo Holdings Inc <3105.T>:Says it plans to acquire 80 percent stake in Osaka-based company RICOH Electronic Devices Co Ltd, which is a wholly owned unit of Ricoh Co Ltd <<<7752.T>>>.Price undisclosed .Transaction date on March 1, 2018. Full Article
TOKYO, March 23 Japanese office equipment maker Ricoh Co Ltd on Friday said it would book an impairment loss of 180 billion yen ($1.72 billion), citing a slump in North American business as users shift from print to digital.