Ricoh’s latest financial results

“Digital camera sales declined due to the reduction of lineup.”

Ricoh published their latest financial results (Q2 of FY2018). Here is the info related to their camera business – sales of the Smart Vision segment (= Ricoh Imaging) went down from ¥13.8bn during H1 2017/03 tp ¥9.8bn during H1 2018/03 (-29%):

Sales in the Other segment increased by 11.8% to ¥98.4 billion as compared to the previous corresponding period. Though income and profit in optical equipment business mainly increased, it was offset by the decrease in income and profit in the camera business due to the decrease in amounts of sales of digital cameras. As a result, operating profit in the Other segment decreased by 59.2% as compared to the previous corresponding period, to ¥2.1 billion.

This entry was posted in Financial reports and tagged . Bookmark the permalink. Trackbacks are closed, but you can post a comment.
  • FCC disclosure statement: this post may contain affiliate links or promotions that do not cost readers anything but help keep this website alive. As an Amazon Associate, I earn from qualifying purchases. When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network. Thanks for your support!