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RICOH CO ( (JP:7752) ) has issued an announcement.
Ricoh Company, Ltd. announced the completion of a business integration between its subsidiary ETRIA CO., Ltd. and Oki Electric Industry Co., Ltd., focusing on the development and production of multifunction printers. This integration, which includes the acquisition of Oki Data Manufacturing (Thailand) Co., Ltd., is expected to have minimal impact on Ricoh’s consolidated financial results for the current fiscal year, but it may enhance Ricoh’s market position in the office machines sector.
The most recent analyst rating on (JP:7752) stock is a Hold with a Yen1496.00 price target. To see the full list of analyst forecasts on RICOH CO stock, see the JP:7752 Stock Forecast page.
More about RICOH CO
Ricoh Company, Ltd. operates in the technology industry, focusing on the development, production, and sales of office machines, industrial equipment, optical equipment, and their peripheral devices and consumables. The company is a major player in the market, with a significant presence in the multifunction printer segment.
Average Trading Volume: 3,429,039
Technical Sentiment Signal: Hold
Current Market Cap: Yen747.2B
See more insights into 7752 stock on TipRanks’ Stock Analysis page.