Ricoh 2004 Annual Report Download - page 6

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Common Stock Price Range
5
(FY)
2000 2001 2002 2003 2004
Our high-speed digital multifunctional copiers were always
highly regarded in both domestic and overseas markets,
which helped to steadily expand sales of those models and build
our market position. As for making our printing solutions more
widely available, especially in Europe, we worked incessantly
with large companies to develop business on a global scale by
proposing to optimize the total cost of copiers and printers and
providing worldwide services and support.
Moreover, we strengthened our technological capabilities
and continued to provide competitive products and services
to become the world’s No. 1 product engineering company.
Specifically, we focused on (1) technological fields that would
help develop the next generation of high-speed color imaging
devices, (2) designs that would facilitate the easy connecting
and operation of various office equipment, and (3)
environment-friendly products. These efforts culminated in
the release of the imagio Neo 752/602 series, which is a
high-speed digital multifunctional copier that is easy to use,
energy efficient, and environment friendly while still
providing the high productivity expected in a high-speed
machine.
Establishing a CSR Charter
The Ricoh Group promotes more effective corporate
governance while ensuring management transparency through
corporate ethics and compliance principles.
In November 2003, we established the Ricoh Group
Corporate Social Responsibility (CSR) Charter. This charter
aims to ensure that, in conducting business on a global scale,
we will understand and comply with the letter and spirit of
the laws and regulations of each country and international
rules and will conduct business with common social courtesy
and responsibility. We have also set up the Ricoh Group
Code of Conduct in January 1, 2004, to enforce the charter.
Approximately 74,000 Ricoh employees in five regions
around the world pledged to adhere to the Code of Conduct.
The Ricoh Group will continue to take aggressive measures to
fulfill its corporate social responsibility to gain the recognition
and support of all of its stakeholders across the globe.
Other measures involving corporate governance include
the establishment of in-house rules that cover the entire process
of collecting and preparing information to be disclosed and
reporting and disclosing such information. To this end, the
Disclosure Committee was set up to ensure that such
informations are disclosed in a proper, timely, and comprehensive
manner.
In addition, recognizing the rising demand for the
increased independence of auditing firms, we set up rules
concerning policies and procedures for pre-approval in
auditing and nonauditing practices. Accordingly,
a system was introduced for advanced approval from the
board of auditors with regard to the content and value of
the auditing agreement.
3,000
2,500
2,000
1,500
1,000
500
0
(Yen)