Ricoh FY2019 financial results are out: “While camera sales were down owing to COVID-19, earnings improved; demand remained solid for Ricoh Theta and GR”


Ricoh released their financial results for the fiscal year 2019. Here are a few quotes from the slides above:

“Revenues and earnings effectively rose after factoring out the forex and removals from consolidation and absorbing the impact of COVID-19”

“Expanded domestic finance business and improved Smart Vision business earnings on favorable GR and THETA (sales units*1 1.2 times)”

“While camera sales were down owing to COVID-19, earnings improved; demand remained solid for RICOH THETA・GR”


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