Ricoh lost 10 billion yen and will revise downward their financial forecast (Google translated): Ricoh Co., Ltd. announced that it will revise downward forecasts for the fiscal year ending March 31, 2007 on April 11. Approximately 10 billion yen (over 90 million USD) is recorded as impairment loss. Because we can not anticipate expected profits […]
Ricoh is considering to withdraw from the camera business – this news comes from Nikkei, here is the English version: The Japanese company will radically review a production and manufacturing strategy centered on cameras for the retail market, including such brands as Pentax and GR. Options include withdrawing from this segment altogether. In America, Ricoh is […]
Ricoh published their Q3 financial reports today. Their camera business falls under “other” in the financial reports and it is hard to get any Pentax specific data (Pentax was not mentioned anywhere in the report):
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