West Caldwell, N.J. – April 4, 2011 – Ricoh Company, Ltd. announced today the realignment of its production print resources with the formation of Ricoh Production Print
Solutions (RPPS), incorporating InfoPrint Solutions and the Ricoh Production Printing
Business Group’s marketing and planning resources from Japan. The organization will
provide a more effective and efficient approach to this highly competitive marketplace.
These changes are being implemented with the objective of streamlining processes,
operations and organizations within the Ricoh Family Group of Companies, including
InfoPrint Solutions which will operate as RPPS. The new business model will deliver greater
customer value by bringing together Ricoh resources to develop, market and support industry
leading end-to-end solutions for production customers.
RPPS will be headquartered in the United States – the world’s largest production print
marketplace – and co-located in West Caldwell, New Jersey, with Ricoh Americas
Corporation.
”The decision to locate the headquarters of RPPS in the United States is an indication of how
important this market is for future success,” said Shiro Kondo, President & CEO, Ricoh
Company, Ltd. “This is a clear indication of our desire to increase our marketplace
penetration in the US and around the world. We fully expect to see the positive results of this
in the coming months and years,” he said.
A key component of RPPS will be its business line management function which will provide
customers with faster marketplace response time, longer-term portfolio management,
education and marketing support globally, and tighter communications between geography
sales requirements and product and solutions development. Additionally, through the newly
combined and streamlined organization, Ricoh will be able to achieve broader and more
seamless sales coverage and maintenance support for existing and prospective customers
around the world.
RPPS will report to Ricoh’s Production Printing Business Group (PPBG), Tokyo, Japan.
“One of the most important initiatives in our short and long term business plans is to grow our
production print business in a meaningful and valuable way across the globe,” said Shiro
(Simon) Sasaki, former Chairman and CEO, Ricoh Europe Plc, and newly appointed
Chairman and Chief Executive Officer, RPPS, and Executive Vice President and General
Manager of Ricoh’s PPBG. “The realignment of our considerable production print assets
around the world means that we now have -- working together in a seamless way -- the most
powerful collection of people, production solutions and geographic sales and support
coverage in the industry. We are looking forward to bringing the benefits of this realigned
organization to our current and future customers.”
Daisuke Segawa has been named President and Chief Operating Officer, RPPS, and
Corporate Vice President, Deputy General Manager, PPBG.
About Ricoh Company, Ltd.
Ricoh Company, Ltd. is a global technology leader, specializing in the office and production
printing markets. Ricoh works with organizations around the world to modernize work
environments and optimize document efficiency. With more than 108,500 employees
worldwide, Ricoh operates in Europe, the Americas, Asia/Pacific, China, and Japan. Ricoh’s
worldwide sales were more than 2,016 billion yen ($21 billion USD) in the year ended March
31, 2010.
For further information contact:
Peter Lazaroff for Ricoh Production Print Solutions
Cell: (203) 241-7188
Office: (720) 663-3124
Jason Dizzine
Ricoh Americas Corporation
Cell: (973) 885-0842
Office: (973) 882-2161
Tracey Sheehy
Breakaway Communications
Cell: (908) 705-4596
Office: (212) 616-6003
