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Ricoh company history timeline

1936

1936: Riken Kankoshi Co., Ltd. is formed to produce sensitized paper.

Established in 1936, Ricoh Company, Ltd. is based in Tokyo, Japan and has a global presence.

1937

The Company started its camera business in 1937.

1938

The sensitized paper division of Rikagaku Kogyo split off to be established as Riken Kankoshi Co., Ltd. (–1938) Learn more

1950

In 1950 Riken introduced another camera, the Ricohflex III.

In 1950, it created Japan’s first mass production structure for cameras, driving their popularity among consumers.

1953

In 1953, Ricoh became Japan's first manufacturer to introduce a belt-conveyor production system.

1957

Ricoh was awarded the Okochi Memorial Production Prize for the successful establishment of a mass production system (1957)

1962

Prime Minister Hayato Ikeda at the opening reception with Ricoh president Kiyoshi Ichimura in May 17, 1962

1962: First overseas subsidiary is established in the United States.

1963

Advertisement announcing the change of corporate name (1963)

1965

In 1965 Ricoh entered the budding field of office computers with the debut of the Ricoh Typer Standard, a data-processing system.

Ricopy BS-1 was introduced in 1965, and turned out to be a key revenue earner that supported the company in its recovery from slumping business.

1966

Ricopy BS-1 installed on the Fuji Antarctic researchship (1966)

1970

In 1970, Japan Expo ’70, the first world’s fair in Asia, was held in Osaka over 183 days starting from March 15.

The earliest of these was Ricoh of America, Inc., founded in 1970 as the headquarters for our activities in North America.

1971

In November 1971, Ricoh introduced a total quality control (TQC) campaign, aiming to build a recession-proof robust corporate structure.

1973

When it began operations in 1973, it was the first Japanese company to manufacture office equipment and consumables in the United States.

1974

1974: Company produces its first fax machine.

In 1974, Ricoh launched the RIFAX 600S, the world’s first high-speed office facsimile machine.

1975

Company-led rally held at Atsugi Plant to increase production of the new RICOPY DT1200 in October, 1975

RIFAX 600S exported to the USA (1975)

1976

In 1976 Ricoh introduced the Ricoh Printer 40, an impact (daisy-wheel) printer, followed by the Ricoh WP-1, a word processor.

1977

Ricoh of America opened a research and development facility in Santa Clara, California, in 1977.

1978

In 1978 Ricoh established Rapicom, formed to develop and market stand-alone, high-speed digital facsimile products, as well as satellite facsimile equipment.

Export sales grew to account for 34.1% of the total for fiscal 1978, and operation bases were set up in new locations around the globe.

1979

In 1979, however, the company assigned United States research and development functions to a new entity, Ricoh Systems, Inc.

1981

1981: Ricoh-brand copiers are marketed for the first time in the United States.

1982

Ricoh's four-year-old Rapicom subsidiary landed a major account for Telepress, Ricoh's satellite facsimile product, when it agreed in 1982 to supply the product to Gannett Company, publisher of USA Today.

1983

The RICOPY FT4000 series won a gold award at the international trade fair in Bulgaria in September, 1983

1984

By 1984 the company had achieved a seven percent share of the United States market.

In 1984 the company's Atsugi, Japan, plant established a production-technology research center and received the Nihon Keizai Shimbun Award for factory automation.

1985

In 1985, the two firms created AT & T Ricoh Company, a joint venture to produce and market modified versions of AT & T's compact telephone systems.

1986

The center opened on April 23, 1986 within the Kohoku New Town district in Yokohama.

Ricoh also established two marketing companies in 1986: Ricoh España S.A., a joint venture with a Spanish distributor of Ricoh products, and Ricoh France S.A., a wholly owned subsidiary.

1987

In May 1987 Ricoh opened a semiconductor-design center in San Jose, California.

The firm also strengthened its position in the semiconductor arena with the purchase of Panatech Research & Development Corporation's semiconductor division in 1987.

1987: The Imagio line of digital office automation equipment makes its debut.

1988

In 1988 the company released a lightweight, compact eight-millimeter camcorder in the United States and Japan.

1989

Then IOC President Juan Samaranch and Ricoh President Hamada signed the agreement (at Takanawa Prince Hotel in Tokyo, on September 19, 1989)

1990

The standard technology adopted for color copiers around 1990 required repeated imaging processing for four colors (cyan, magenta, yellow, and black) loaded on a single drum to reproduce one color copy.

1991

In 1991, the RICOPY DT1200 was enshrined in the nation’s Copier Hall of Fame to acknowledge the significant role the product played in the history of wet-type copier development.

1992

Ricoh signs a contract of the Worldwide Sponsorship in facsimile machine category for 1992 Barcelona Olympic Games.

1993

Making its debut in 1993 was the Preter 500/550, a full-color multifunctional digital copier.

1994

Our first recyclable design copier was released in 1994.

1995

Ricoh continued its drive to boost international sales by acquiring Savin Corporation for about US$42 million and taking over Gestetner Holdings for about US$286 million, with both purchases occurring in 1995.

These efforts won public recognition, including the highest prize from the Minister of International Trade and Industry for environmental activities for product assessment and recyclable design in the recycling project award hosted by the Clean Japan Center in 1995.

1996

Longtime President Hiroshi Hamada was named chairman and CEO in 1996, while Masamitsu Sakurai was promoted to president and COO. That year, Ricoh helped develop the CD-ReWritable (CD-RW) platform, which enabled users to read, write, and rewrite computer data on compact discs.

imagio MF200, a global digital copier success story (1996)

1997

In 1997 Ricoh established a new R & D and venture capital financing subsidiary in San Jose, California, called Ricoh Silicon Valley, Inc.

1999

Masamitsu Sakurai, Ricoh’s president (right), accepting the Japan Quality Award (1999)

2000

In mid-2000 Ricoh launched a proactive management restructuring to adopt a United States-style separation of executive and operating functions, with the heads of the company's divisions and subsidiaries gaining much more authority and responsibility than before.

By 2000, nearly 40 percent of revenues were derived outside Japan, with the company aiming for a 50--50 split.

2001

The Ichimura Nature School is an NPO for youth development founded in commemoration of the 100th anniversary of the birth of Kiyoshi Ichimura, the founder of Ricoh and the Ricoh San-ai Group. It was established in Matsuda-machi, a town in the Ashigarakami District of Kanagawa Prefecture in October 2001.

2003

In 2003, our efforts earned us the World Environment Center Gold Medal for International Corporate Achievement in Sustainable Development, making us the first enterprise from Asia to receive such an honor.”

2008

*Color production printers marketed at a standard unit price of 30 million yen or less (as of May 7, 2008)

2011

IPSiO PJ WX4130N/WX4130, ultra-short-throw projector, with the world’s most compact*1 and light weight*1 body among contemporary comparable models *1 Comparison made for a mirror reflection ultra-short-throw projector (as of November 7, 2011; surveyed by Ricoh)

2013

*As a mass-produced, consumer product capable of capturing the scene around, above and below the device in a fully spherical image (as of October 2013, based on Ricoh Imaging Company Ltd. research).

2016

“RIFAX 600S” was honored by The Institute of Electrical Engineers of Japan as one of the “One Step on Electro-Technology” products in 2016 Learn more

2022

© 2022 Ricoh USA, Inc.

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Founded
1936
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Headquarters
Exton, PA
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Kiyoshi Ichimura
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Ricoh competitors

Company nameFounded dateRevenueEmployee sizeJob openings
NEC Electronics2002$22.6B109,390-
Canon1937$3.8B11,167755
Fujitsu2008$3.6B10,00163
Stanley Convergent Security Solutions Inc.2004$320.0M7,500-
New Horizons Computer Learning Centers1982$6.3M50-
Ford Office Technologies1991$410,00078
Davis Instruments1963$8.5M150-
CDS Office Technologies1971$1.0M255
Cardservice International1988-31-
Global Electronic Services2000$18.2M75-

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Ricoh may also be known as or be related to Ricoh, Ricoh Company Limited, Ricoh Company, Ltd, Ricoh Corp, Ricoh Microelectronics Co., Ltd. and Ricoh USA, Inc.