Ricoh 2011 Annual Report Download - page 6

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Affected by the impact of the earthquake and tsunami in Japan as well as the yen’s appreciation, net sales of the Ricoh
Group for fiscal 2011 showed a decline both in and outside of Japan. Operating income also decreased during the year
because the stronger yen had a significant impact on our business, offsetting the positive impact of sales growth in
value-added products and services and the continuous progress of our structural reform efforts.
Fiscal 2011 Results
Fiscal 2011 Overview
ANNUAL REPORT 20115