Ricoh establishes Pentax Ricoh Imaging Company

Pentax Ricoh Imaging Company is the new official company name after Ricoh acquired Pentax few months ago. Here is the official press releases:

Tokyo, October 1, 2011–Ricoh Company, Ltd. (President & CEO: Shiro Kondo; hereinafter referred to as "Ricoh") announces the establishment of PENTAX RICOH IMAGING COMPANY, LTD. as its wholly owned subsidiary on October 1, 2011.

Earlier, HOYA Corporation (President & CEO: Hiroshi Suzuki; hereinafter referred to as "HOYA") transferred the PENTAX Imaging Systems Business to PENTAX Imaging Corporation, a newly established subsidiary of HOYA, through an absorption-type split (spin off) and business transfer. Ricoh has acquired all shares outstanding in PENTAX Imaging Corporation, as of today, completing the transaction. Ricoh also changed the name of the company at the same time.

By forming the new company, Ricoh will strive to further bolster consumer products and services, in addition to its existing digital camera business.

New Company

Company name: PENTAX RICOH IMAGING COMPANY, LTD.
宾得理光映像有限公司 (in Chinese)
Business: Manufacture and sales of optical equipment such as digital cameras, binoculars and lenses for security cameras
President & Representative Director: Zenji Miura (Representative Director, Deputy President, Ricoh Company, Ltd. )
Head office: 2-35-7, Maeno-cho, Itabashi-ku, Tokyo
Established: October 1, 2011
Capital: 100 million yen
Number of employees: Approx.1900
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