According to “Nikkei Asia”, Toshiba Corporation and Ricoh Corporation plan to implement an inter-enterprise business reorganization. The new company will become the largest in the global office sector.
Foreign media said that Toshiba and Ricoh will officially announce the plan as soon as today. The news sparked gains in Toshiba and Ricoh shares. According to data, under the background of the rise of remote office and sluggish business investment brought about by the global pandemic, the global sales of office OA equipment such as consumer-grade inkjet printers decreased by 17% year-on-year. One of the important reasons.
According to the report, Ricoh will get a majority of voting rights in the new company after the merger, and Toshiba subsidiary Toshiba Tec will be merged into the new company. But both will retain their respective sales departments and brands.
Ricoh’s official response stated: “We are considering integrating the development and production of multifunctional devices with Toshiba. matter.”
