Ricoh 2005 Annual Report Download - page 6

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Common Stock Price Range
2001
(FY) 2002 2003 2004 2005
3,000
2,500
2,000
1,500
1,000
500
0
(Yen)
Our high-speed digital multifunction copiers are well
regarded in both the domestic and overseas markets, which
helped to steadily expand sales of those models and build our
market position. Moreover, we promote high-speed digital
multifunction copiers to meet the needs of our customers in
the areas of security and environmental protection. In January
2005, we released the imagio Neo 753/603 series, which is a
high-speed digital multifunction copier that employs the
world’s first copy guard feature for protection against illegal
copies, and features Ricoh’s original “HYBRID-QSU” energy
efficient technology, to realize best-in-class energy
consumption efficiency.
As for making our printing solutions more widely available,
we have worked continuously with large companies to
develop business on a global scale by proposing to optimize
the total cost of copiers and printers, and by providing
worldwide service and support. In December 2004, we
launched “@Remote”, a remote device management system
with the ability to monitor the state and usage of output
devices via the Internet. This technology is part of Ricoh’s
global total support service and allows the customers to keep
IT operating costs low, reduce total cost of ownership (TCO),
and improve operational efficiency.
The stock acquisition of Hitachi Printing Solutions was
completed on October 1, 2004, and the company became a
member of the Ricoh Group as Ricoh Printing Systems, Ltd.
We will strive to expand our printer business and provide a
wide variety of products by combining Ricoh Printing
Systems’ high-speed, high-reliability technology, and its
system technology, with the Ricoh Group’s existing printer
and copier technologies.
Promoting Corporate Governance
The Ricoh Group promotes effective corporate governance
while ensuring management transparency through corporate
ethics and compliance principles.
In June 2004, we issued the “Ricoh Group Sustainability
Report (Corporate Social Responsibility)”, which includes the
Ricoh Group’s position, promotion structure and current
activities on social responsibility, and the group’s code of
conduct. This, together with our “Environmental Report”
and our “Annual Report”, enables us to cover all three areas:
the environment, economy and society.
At the Board of Directors meeting, it was decided that a
special, permanent committee under the Board of Directors,
the Nomination and Conpensation Committee, would be
established during fiscal year 2006 in order to strengthen
management control by the Board of Directors. The
Nomination and Conpensation Committee consists mainly of
directors outside of the company, and it plans the selection,
dismissal and remuneration system for the board of directors
and operating officers. This committee will be anticipated to
give a boost to the Board of Directors’ ability to supervise the
all-company executive committee.
5
ANNUAL REPORT 2005