FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the month of November 2008
Commission File Number 2 - 68279
RICOH COMPANY, LTD.
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(Translation of Registrant's name into English)
13-1, Ginza 8-Chome, Chuo-ku, Tokyo 104-8222, Japan
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(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports
under cover Form 20-F or Form 40-F.)
Form 20-F X Form 40-F __
(Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(1): __ )
(Indicate by check mark if the registrant is submitting the Form 6-K in paper as
permitted by Regulation S-T Rule 101(b)(7): __ )
(Indicate by check mark whether by furnishing the information contained in this
Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
of 1934.)
Yes __ No X
(If "Yes" is marked, indicate below the file number assigned to the registrant
in connection with Rule 12g3-2(b): 82-__ )
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Ricoh Company, Ltd.
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(Registrant)
By: /S/ Zenji Miura
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Zenji Miura
Director, Chief Financial Officer
Corporate Executive Vice President
November 1, 2008
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RICOH COMPLETES ACQUISITION OF IKON OFFICE SOLUTIONS, INC.
Tokyo - November 1, 2008 - Ricoh Company, Ltd. (TSE: 7752, "RICOH")(President &
CEO: Shiro Kondo) announced that it completed its previously announced
acquisition of IKON Office Solutions, Inc. ("IKON") through RICOH's wholly owned
U.S. distribution subsidiary, Ricoh Americas Corporation ("RAC") on October 31,
2008 (EST).
1. Acquisition outline.
Target:
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IKON Office Solutions, Inc.
Acquisition Process:
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The transaction was implemented by merging an acquisition subsidiary
wholly owned by RAC, Keystone Acquisition, Inc. with and into IKON.
Post merger, only IKON remains.
Acquisition Price:
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U.S. $1.632 billion (approx. JPY 163.2 billion) based on an offer of
U.S. $17.25 per share.
*Exchange rate is U.S. $1 = JPY100.00 based on our assumption for the
third and fourth quarter.
2. Expected impact on Ricoh consolidated business results for the year ending
March 31, 2009.
We expect that revenue will increase by JPY 143 billion over and above the
JPY 2,150 billion projected on October 28, 2008.
We do not foresee any material impact on operating income, income before
income taxes and net income.
* The Company bases the forecast estimates for the fiscal year ending March
31, 2009 above upon information currently available to management, which
involves risks and uncertainties that could cause actual results to differ
materially from those projected.
OVERVIEW OF IKON
Name of Corporation: IKON Office Solutions, Inc.
Location: Malvern, Pennsylvania USA
Year of foundation 1952
Overview of Business: Distribution, support and service of multifunction
printers, fax, printers and other office equipment,
managed and professional services
Fiscal Year End: End of September
Consolidated Revenue: U.S. $4,167 million (Fiscal Year ended September 30,
2008)
Consolidated Total Assets: U.S. $2,966 million (As of September 30, 2008)
Shareholders' Equity: U.S. $1,408 million (As of September 30, 2008)
Representative: Chairman and Chief Executive Officer Matthew J. Espe
Employees: Approximately 24,000 (As of September 30, 2008)
Locations: Over 400 in North America and Western Europe
Contact (Japan):
Francis Harrison
Ricoh Company, Ltd.
Mobile: +81 90 6702 7302
Tel: +81 3 (6278) 4550
Francis.harrison@nts.ricoh.co.jp
Contact (US):
Ron Potesky
Ricoh Americas Corporation
Tel: +1 973 882 2106
Ron.potesky@ricoh-usa.com
Contact (Europe):
Janice Gibson
Ricoh Europe PLC
Tel. +44 207 465 1153
press@ricoh-europe.com
November 1, 2008
Ricoh Company, Ltd.