Ricoh, a major precision equipment company, posted a net loss of 32.7 billion yen last year due to a decrease in sales of multifunction devices for offices due to the impact of the new coronavirus.
According to the announcement, Ricoh's financial results for the entire group last year decreased 16.3% from the previous year to 1,682 billion yen, and the final profit and loss turned from the surplus of 39.5 billion yen in the previous year. The deficit was 32.7 billion yen.
Sales of multifunction devices and consumables for offices decreased against the backdrop of a decline in the attendance rate due to the spread of the new coronavirus infection, and the profitability of the commercial printing business that produces leaflets and posters. This is because, as a result of the review, a loss was recorded.
As for the outlook for the current fiscal year, we expect a final profit of 35.4 billion yen as demand recovers.
Ricoh CFO Hidetaka Matsuishi said at an online press conference, "Recently, there is a tendency to return to the office mainly in Europe and the United States, and the results of vaccination are coming out. Isn't it? "