Ricoh 2014 Annual Report Download - page 20
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Please find page 20 of the 2014 Ricoh annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Ricoh Group Sustainability Report 20141919
Build robust management structure
On the management system front, we will reorga-
nize operations in four domains—the ofce
business, commercial printing business, industrial
business and consumer business—and continue to
take innovative approaches that include restructur-
ing the Tokyo headquarters and the technology
management system.
As for the structural improvement front, we will
promote initiatives for continuous and self- sustained
development of all corporate structures, and make
highly efciency management an inherent compo-
nent of the Ricoh Group.
Higher shareholder value
In the pursuit of higher shareholder value, our goal
is to achieve return-on-equity of 10% by enhancing
business prots and boosting asset efciency. We
will maintain an appropriate level of equity and con-
sider such factors as return to shareholders in our
calculations.
• Measures to Improve ROE
ROE=10% Improve
asset efciency
Maintain an appropriate
level of equity
Improve business
prot ratio
Improve
working capital
Streamline redundant
assets
Improve
operating margin
Increase contributions
of service businesses
to earnings
Expand new
businesses
Increase earnings
from PP business
Reinforce the
protability of core
busineses
• Cr eat in g Cor po rate Rob us tn es s: M ana ge men t Sys tem s
<Targets for management system
transformation>
[Major implementations]
Accelerate management
and business decisions
Streamline management
and business
Reinforce on-site
support
●
Reorganize the
business structure
●
Restructure the role
of the head ofce
●
Rebuild the techno-
logical management
structure
Thoughts on return to shareholders
We seek to enrich retained earnings to maintain a
rm nancial footing and to support new business
development. At the same time, we recognize the
importance of a good return of prots to share-
holders and endeavor to provide a stable dividend
based on a total consolidated payout ratio in the
vicinity of 30%.