Today an article in "Nikkei Shinbun", a leading news magazine in Japan, reports on saying that RICOH considers shrinking the camera business and withdrawing from consumer products. This article is not based on RICOH’s official announcement.
RICOH will continue to focus its resources on high added value products such as PENTAX and GR that are appreciated by the existing users and photo hobbyists. RICOH is also a market leader of input devices in the VR or AR market with its “RICOH THETA” where we can see rapid growth, and will keep on expanding the business even more in this field. In addition, RICOH will develop and expand the imaging business in the solution business field for corporates, developing new markets which can utilize its own camera technology.