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The latest update is out from RICOH CO ( (JP:7752) ).
Ricoh Company, Ltd. has announced the integration of Oki Electric Industry Co., Ltd. into its joint venture, ETRIA CO., LTD., which it formed with Toshiba Tec Corporation. This business integration, scheduled for completion by October 2025, involves an absorption-type company split and the transfer of Oki’s multifunction printer business into ETRIA. Post-integration, Ricoh will hold a majority investment in ETRIA, while Toshiba Tec and Oki will have reduced stakes, indicating a strategic consolidation aimed at strengthening ETRIA’s position in the multifunction printer market.
More about RICOH CO
Ricoh Company, Ltd. operates in the technology industry, primarily focusing on the development and manufacturing of multifunction printers and other related products. It collaborates with companies like Toshiba Tec Corporation, reflecting its market focus on office equipment and business solutions.
YTD Price Performance: -4.78%
Average Trading Volume: 15,721
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen963.8B
See more insights into 7752 stock on TipRanks’ Stock Analysis page.