Ricoh Imaging expected to make a profit in this FY

Kunzite · 10-14-2013, 12:07 AM - **2 Likes**

According to a Ricoh IR presentation:
"As a result of transformation of the camera business, we established Ricoh Imaging by integrating Ricoh and PENTAX. We are forecasting a profit for this business within this fiscal year."

"In the other segment, we will continue to pour resources into Digital SLRs, Mirrorless cameras and Ricoh’s conventional high-end compact cameras to make this into a solid business. We are seeing an increase in share and expect healthy growth."

"Digital SLR (single lens reflex) cameras, mirrorless SLRs and premium compact cameras are very popular, and selling well." (mirrorless reflex, yeah, I know...)

Source:
http://www.ricoh.com/IR/pdf/presentation_text_2013.pdf

Caat · 10-14-2013, 12:10 AM

hurrah. Good news.

Kunzite · 10-14-2013, 12:13 AM

And there's also a presentation:
"Further strive to enhance a strong brand built around interchangeable lens cameras"
http://www.ricoh.com/IR/data/pre/pdf/ir_pre2013.pdf

I would be curious to know if the company renaming to Ricoh Imaging has anything to do with entering B2B markets like factory automation (which could be done under the Ricoh brand).

Uluru · 10-14-2013, 03:44 AM

Operation-wise, they would have shown significant profit in the last year too, but they had restructuring costs no other imaging company had.

mythguy9 · 10-14-2013, 05:03 AM

Originally posted by Kunzite

Ricoh’s conventional high-end compact cameras

Very interesting that they called the GRs "conventional".

lytrytyr · 10-14-2013, 05:16 AM

Originally posted by mythguy9

Very interesting that they called the GRs "conventional".

Compared to the GXR, they are!

Davidparis · 10-14-2013, 05:26 AM

I hope the intended "HR optimization" of reducing workforce by 10 000 employees by Q3 2014 (page 7) does not include the Pentax engineers. That is a very serious layoff plan which will come at a high human cost...

Kunzite · 10-14-2013, 05:39 AM

The problems they had were unrelated to Pentax; I'd say Pentax is part of the solution. Don't worry, be happy: "healthy growth".

JPT · 10-14-2013, 05:52 AM

Originally posted by Davidparis

I hope the intended "HR optimization" of reducing workforce by 10 000 employees by Q3 2014 (page 7) does not include the Pentax engineers. That is a very serious layoff plan which will come at a high human cost...

I don't think it will affect the Pentax engineers. I think this was the plan they announced in 2011, before the merger. It was a fairly long-term plan, so I hope they've been able to do it with a minimum of compulsory lay-offs.

BBC News - Japan's Ricoh to cut 10,000 jobs

ogl · 10-14-2013, 06:21 AM

Mirrorless cameras and Ricoh’s conventional high-end compact cameras

Sounds encouraging

Asahiflex · 10-14-2013, 06:23 AM

Hey Ogl, great to see that you're not banned anymore.

ogl · 10-14-2013, 07:13 AM - **2 Likes**

Thanks a lot...

I'm happy to be here again.

Uluru · 10-14-2013, 01:40 PM

Originally posted by Davidparis

I hope the intended "HR optimization" of reducing workforce by 10 000 employees by Q3 2014 (page 7) does not include the Pentax engineers. That is a very serious layoff plan which will come at a high human cost...

Pentax acquisition is a minor one, and I think the entire Ricoh Imaging now constitutes 1% of Ricoh's human resources.
They can't even be called a hobby business; they are smaller than that.

Kunzite · 10-15-2013, 03:30 AM

It's not the price they presumably paid, nor the number of employees who decides what's a "hobby" business and what's important.
Ricoh's vision appears to be much more than a mere hobby project, involving consumer cameras, factory automation, document management and many other areas.

Regarding the workforce, all the cost cutting and downsizing was already done by Hoya. Few months ago AFAIK Pentax was hiring people, to replace the ones they lost.

Restless · 10-15-2013, 04:20 AM

Good news!

10-14-2013, 12:07 AM - 2 Likes	#1
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132	Ricoh Imaging expected to make a profit in this FY According to a Ricoh IR presentation: "As a result of transformation of the camera business, we established Ricoh Imaging by integrating Ricoh and PENTAX. We are forecasting a profit for this business within this fiscal year." "In the other segment, we will continue to pour resources into Digital SLRs, Mirrorless cameras and Ricoh’s conventional high-end compact cameras to make this into a solid business. We are seeing an increase in share and expect healthy growth." "Digital SLR (single lens reflex) cameras, mirrorless SLRs and premium compact cameras are very popular, and selling well." (mirrorless reflex, yeah, I know...) Source: http://www.ricoh.com/IR/pdf/presentation_text_2013.pdf

10-14-2013, 05:26 AM	#7
Davidparis Senior Member Join Date: Nov 2009 Location: Paris, France Posts: 290	Ricoh HR "optimization" I hope the intended "HR optimization" of reducing workforce by 10 000 employees by Q3 2014 (page 7) does not include the Pentax engineers. That is a very serious layoff plan which will come at a high human cost...

10-14-2013, 01:40 PM	#13
Uluru Banned Join Date: May 2010 Location: Back to my Walkabout Creek Photos: Gallery \| Albums Posts: 2,535	Originally posted by Davidparis I hope the intended "HR optimization" of reducing workforce by 10 000 employees by Q3 2014 (page 7) does not include the Pentax engineers. That is a very serious layoff plan which will come at a high human cost... Pentax acquisition is a minor one, and I think the entire Ricoh Imaging now constitutes 1% of Ricoh's human resources. They can't even be called a hobby business; they are smaller than that. Last edited by Uluru; 10-14-2013 at 04:47 PM.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Ricoh announces company name change - no more Pentax Ricoh Imaging, just Ricoh.	rawr	Pentax News and Rumors	528	10-28-2013 04:39 PM
Question Suggestion to publish Ricoh Imaging Deutschland newsletters in German sub forum	RKKS08	Site Suggestions and Help	5	10-13-2013 03:24 PM
RICOH Imaging Representative showing new PENTAX product . . . in Nebraska?	konraDarnok	Travel, Events, and Groups	8	09-20-2013 11:17 AM
Hoya Interview.. To make PENTAX turn profit by 2010.	Adrian Owerko	Pentax News and Rumors	181	07-22-2010 08:09 AM
Japan's Pentax's FY net profit more than quadruples on camera sales	feronovak	Pentax News and Rumors	7	05-11-2007 07:25 AM

10-14-2013, 12:10 AM	#2
Caat Veteran Member Join Date: Feb 2009 Location: United Kingdom Photos: Albums Posts: 927	hurrah. Good news.

10-14-2013, 12:13 AM	#3
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132 Original Poster	And there's also a presentation: "Further strive to enhance a strong brand built around interchangeable lens cameras" http://www.ricoh.com/IR/data/pre/pdf/ir_pre2013.pdf I would be curious to know if the company renaming to Ricoh Imaging has anything to do with entering B2B markets like factory automation (which could be done under the Ricoh brand).

10-14-2013, 03:44 AM	#4
Uluru Banned Join Date: May 2010 Location: Back to my Walkabout Creek Photos: Gallery \| Albums Posts: 2,535	Operation-wise, they would have shown significant profit in the last year too, but they had restructuring costs no other imaging company had.

10-14-2013, 05:03 AM	#5
mythguy9 Senior Member Join Date: Jun 2012 Photos: Albums Posts: 276	Originally posted by Kunzite Ricoh’s conventional high-end compact cameras Very interesting that they called the GRs "conventional".

10-14-2013, 05:16 AM	#6
lytrytyr Pentaxian Join Date: Nov 2011 Photos: Gallery \| Albums Posts: 4,310	Originally posted by mythguy9 Very interesting that they called the GRs "conventional". Compared to the GXR, they are!

10-14-2013, 05:39 AM	#8
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132 Original Poster	The problems they had were unrelated to Pentax; I'd say Pentax is part of the solution. Don't worry, be happy: "healthy growth".

10-14-2013, 05:52 AM	#9
JPT Pentaxian Join Date: Jan 2012 Location: Tokyo Photos: Gallery Posts: 2,821	Originally posted by Davidparis I hope the intended "HR optimization" of reducing workforce by 10 000 employees by Q3 2014 (page 7) does not include the Pentax engineers. That is a very serious layoff plan which will come at a high human cost... I don't think it will affect the Pentax engineers. I think this was the plan they announced in 2011, before the merger. It was a fairly long-term plan, so I hope they've been able to do it with a minimum of compulsory lay-offs. BBC News - Japan's Ricoh to cut 10,000 jobs

10-14-2013, 06:21 AM	#10
ogl Banned Join Date: Dec 2007 Location: Sankt Peterburg Photos: Gallery \| Albums Posts: 8,382	Mirrorless cameras and Ricoh’s conventional high-end compact cameras Sounds encouraging

10-14-2013, 06:23 AM	#11
Asahiflex Pentaxian Join Date: Jan 2008 Location: Netherlands Photos: Gallery Posts: 2,795	Hey Ogl, great to see that you're not banned anymore.

10-14-2013, 07:13 AM - 2 Likes	#12
ogl Banned Join Date: Dec 2007 Location: Sankt Peterburg Photos: Gallery \| Albums Posts: 8,382	Thanks a lot... I'm happy to be here again.

10-15-2013, 04:20 AM	#15
Restless Inactive Account Join Date: Sep 2012 Posts: 3	Good news!

10-15-2013, 03:30 AM	#14
Kunzite Pentaxian Join Date: Apr 2007 Location: Romania Posts: 15,132 Original Poster	It's not the price they presumably paid, nor the number of employees who decides what's a "hobby" business and what's important. Ricoh's vision appears to be much more than a mere hobby project, involving consumer cameras, factory automation, document management and many other areas. Regarding the workforce, all the cost cutting and downsizing was already done by Hoya. Few months ago AFAIK Pentax was hiring people, to replace the ones they lost.