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ANNUAL REPORT 201115
Restructuring for us is closer to reengineering. The Ricoh Group
has been conducting structural reforms under the Corporate
Restructuring and Growth Project (CRGP) since October 2008.
The initial purpose of the project was to reduce costs as part of
emergency measures against the world financial crisis and later in
the project we also began changing our organizational structure
and shifting resources to new business fields while continuing cost
reduction measures.
In the 17th MTP, we will review our operational processes to
eliminate the duplication of operations and redesign the processes
to achieve more drastic restructuring. We have also been reforming
the Group’s personnel system for several years. Based on the
achievements, we will substantially improve the use of human
resources, including reallocation, which I believe will help the Ricoh
Group become a more robust organization.
What do you mean by “restructuring for
the establishment of highly efficient management”?
Q16
Specific measures for CRGP
● What are the specific measures for CRGP?
In line with the 17th MTP, we will review our sales bases and increase the efficiency of our sales system to create more synergies
from M&A; consolidate the production bases after examining their roles; review unprofitable business; foster the reengineering of
operations by reviewing operational processes and eliminating the duplication of operations; enhance the use of human resources
based on continuous reform of the personnel evaluation system and optimized human resource allocation; promote global
purchasing to reduce costs through the enhancement of purchasing power; and review development processes to increase
low-cost development capabilities.
● What achievements do you plan to accomplish through CRGP?
By implementing the aforementioned measures, we will achieve growth and restructuring at the same time to accelerate the
growth of our Group, thereby increasing operating income by 140 billion yen from the level of the fiscal year ended March 2011 in
the fiscal year ending March 2014 (the final year of the MTP).
Results of the 16th MTP. Overview of the 17th MTP.
<Restructuring>