06-22-2017, 07:23 PM
Dave, there's nothing new in that unnecessarily alarmist article, and you might want to read the information available at Ricoh's Investor Relations site.
http://www.ricoh.com/IR/pdf/presentation_text_2017.pdf
Few points:
- Pentax is never mentioned by Ricoh.
- Ricoh did not announce "multi billion yen losses", but a profit. They are trying to avoid a likely loss by FY2019 (ending March 2020). That's in the future.
- again, Pentax is not mentioned by Ricoh.
- Ricoh facing its biggest crisis ever is a tabloid-like, worthless statement.
- cost cutting is one part of it - read Ricoh's documents. They're planning for the future.
Right now, the correct question is: will it even affect Ricoh Imaging? I guess we'll find out by CP+.
http://www.ricoh.com/IR/pdf/presentation_text_2017.pdf
Few points:
- Pentax is never mentioned by Ricoh.
- Ricoh did not announce "multi billion yen losses", but a profit. They are trying to avoid a likely loss by FY2019 (ending March 2020). That's in the future.
- again, Pentax is not mentioned by Ricoh.
- Ricoh facing its biggest crisis ever is a tabloid-like, worthless statement.
- cost cutting is one part of it - read Ricoh's documents. They're planning for the future.
Right now, the correct question is: will it even affect Ricoh Imaging? I guess we'll find out by CP+.