RICOH, Net Income Forecast for the Fiscal Year Revised Upward by 9%
7752 RICOH COMPANY,LTD. 【IFRS】
Earnings ReportRICOH COMPANY,LTD. <7752> [TSE Prime] announced its financial results (based on IFRS) after the market closed on February 5th (15:30). The consolidated net income for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 46.8 billion yen, an increase 68.2% compared to the same period last year.
In addition, the full-year forecast for consolidated net income has been revised upward 8.9%, from the previous forecast of 56.0 billion yen to 61.0 billion yen (compared to 45.7 billion yen in the previous period), increasing the growth rate from 22.5% to 33.5%.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated net income for the October to March period (second half) has been revised upward 15.9%, from the previous forecast of 31.4 billion yen to 36.4 billion yen (compared to 36.4 billion yen in the same period of the previous year), and the declining rate is expected to decrease from 13.8% to 0.05%.
In the most recent three-month period, from October to December (3Q), the consolidated net income grew 19.8% from the same period last year, reaching 22.2 billion yen. The operating profit margin improved from 4.4% in the same period last year to 5.2%.
Kabutan News
Actual Performance and Financial Trends
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Progress Rate vs. First Half |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
1,697,688M | 37,158M | 42,684M | 30,277M | 49.7 | 62.6 | Feb 6, 2024 | IFRS |
|
|
1,835,404M | 34,556M | 40,429M | 27,854M | 47.2 | 57.7 | Feb 13, 2025 | IFRS |
|
|
1,882,310M | 70,023M | 72,217M | 46,844M | 82.3 | 78.5 | Feb 5, 2026 | IFRS |
| YoY | +2.6% | +102.6% | +78.6% | +68.2% | +74.5% |
Guidance Update
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 1,337,549M | 44,552M | 44,596M | 31,423M | 55.2 | 20 | Nov 7, 2025 | IFRS |
| Oct - Mar, 2025 New | 1,377,549M | 54,552M | 54,596M | 36,423M | 64.0 | 20 | Feb 5, 2026 | IFRS |
| Revision Rate | +3.0% | +22.4% | +22.4% | +15.9% | +15.9% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 2,560,000M | 80,000M | 82,000M | 56,000M | 98.4 | 40 | May 14, 2025 | IFRS |
| Mar, 2026 New | 2,600,000M | 90,000M | 92,000M | 61,000M | 107.2 | 40 | Feb 5, 2026 | IFRS |
| Revision Rate | +1.6% | +12.5% | +12.2% | +8.9% | +8.9% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
1,325,288M | 57,020M | 56,900M | 36,441M | 62.3 | 19 | May 14, 2025 | IFRS |
|
Guidance
Oct - Mar, 2025
|
1,377,549M | 54,552M | 54,596M | 36,423M | 64.0 | 20 | Feb 5, 2026 | IFRS |
| YoY | +3.9% | -4.3% | -4.0% | 0.0% | +2.8% |
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Adj. Dividend |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
2,348,987M | 62,023M | 68,202M | 44,176M | 72.6 | 36 | May 7, 2024 | IFRS |
|
|
2,527,876M | 63,829M | 70,067M | 45,709M | 78.1 | 38 | May 14, 2025 | IFRS |
|
Guidance
Mar, 2026
|
2,600,000M | 90,000M | 92,000M | 61,000M | 107.2 | 40 | Feb 5, 2026 | IFRS |
| YoY | +2.9% | +41.0% | +31.3% | +33.5% | +37.2% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit |
Ordinary Profit |
Net Profit |
Adj. EPS |
Operating Profit Margin |
Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
|
|
632,816M | 27,747M | 27,262M | 18,586M | 31.5 | 4.4 | Feb 13, 2025 | IFRS |
|
|
692,472M | 29,273M | 29,638M | 17,855M | 30.5 | 4.2 | May 14, 2025 | IFRS |
|
|
580,798M | 12,642M | 14,815M | 9,655M | 17.0 | 2.2 | Aug 7, 2025 | IFRS |
|
|
641,653M | 22,806M | 22,589M | 14,922M | 26.2 | 3.6 | Nov 7, 2025 | IFRS |
|
|
659,859M | 34,575M | 34,813M | 22,267M | 39.1 | 5.2 | Feb 5, 2026 | IFRS |
| YoY | +4.3% | +24.6% | +27.7% | +19.8% | +24.3% |