According to a report by Nikkei Ricoh is facing its biggest crisis ever and will have to cut costs in order to survive. Ricoh's Imaging and Solutions division, which predominantly produces printers and accounts for 90% of Ricoh's consolidated sales has been struggling the most. Nikkei reports that 'Ricoh is staring at huge losses as the market for multifunctional printers, Ricoh's cash cow, evaporates and its global sales network racks up high costs.' In light of this situation Ricoh's new Presi...
According to a report by Nikkei Ricoh is facing its biggest crisis ever and will have to cut costs in order to survive. Ricoh's Imaging and Solutions division, which predominantly produces printers and accounts for 90% of Ricoh's consolidated sales has been struggling the most. Nikkei reports that 'Ricoh is staring at huge losses as the market for multifunctional printers, Ricoh's cash cow, evaporates and its global sales network racks up high costs.' In light of this situation Ricoh's new Presi...
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