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41 ANNUAL REPORT 2010
In addition, Ricoh continues to engage in the development of its
fundamental research fields, which focus on R&D activities that can
be applied to various products and that are difficult to categorize
into a specific operating segment. Out of total consolidated R&D
expenditures of ¥109.8 billion for fiscal year 2010, ¥18.9 billion
was used for R&D activities relating to fundamental research fields.
Such R&D activities include R&D in nanotechnology, micro-
machining, general technologies in measuring, analysis and
simulation, new materials and devices, next-generation image
display technologies, manufacturing technology, system software
modules, photonics technology for high speed and high quality
image processing, the next-generation of office systems and office
solutions, and environmental technologies.
The following table sets R&D expenditures by segment for fiscal
years 2008, 2009 and 2010.
Millions of Yen
2008 2009
2010
Imaging & Solutions ¥ 97,216 ¥ 98,639
¥ 79,200
Industrial Products 10,925 10,792
9,766
Other 1,943 1,956
1,955
Fundamental research 15,949 13,019
18,905
Consolidated ¥ 126,033 ¥ 124,406
¥ 109,826
Principal Capital Investments
Ricoh’s capital investments for fiscal years 2008, 2009 and 2010
were ¥85.2 billion, ¥96.9 billion and ¥66.9 billion, respectively.
Ricoh directed a significant portion of its capital investments for
fiscal years 2008, 2009 and 2010 towards digital and networking
equipment, such as digital PPCs/MFPs, laser printers and
production printing products, and manufacturing facilities to
maintain or enhance its competitiveness in the industry.
Millions of Yen
2008 2009
2010
Imaging & Solutions ¥ 74,758 ¥ 87,658
¥ 60,482
Industrial Products 6,503 4,581
3,325
Other 2,140 2,776
1,553
Headquarters and asset
for all segment 1,814 1,943
1,619
Consolidated ¥ 85,215 ¥ 96,958
¥ 66,979
Significant Subsequent Events
Upon resolution approved by the meeting of its Board of Directors
held on May 20, 2010, the Company issued unsecured straight
bonds on June 22, 2010 as follows:
1. Unsecured Bonds No. 9 (with Limited Inter-Bond Pari Passu
Clause)
(i) Issue amount: ¥40.0 billion ($430.1million)
(ii) Issue price: ¥100 per ¥100 bond
(iii) Payment date: June 22, 2010
(iv) Redemption date: June 22, 2015
(v) Interest rate: 0.567% per annum
(vi) Appropriation of proceeds: To redeem Convertible Bonds
2. Unsecured Bonds No. 10 (with Limited Inter-Bond Pari Passu
Clause)
(i) Issue amount: ¥20.0 billion ($215.1million)
(ii) Issue price: ¥100 per ¥100 bond
(iii) Payment date: June 22, 2010
(iv) Redemption date: June 22, 2017
(v) Interest rate: 0.877% per annum
(vi) Appropriation of proceeds: To redeem Convertible Bonds