Ricoh released its FY2022 Q3 financial report for the quarter ending on December 31, 2022. The company’s camera business has been profitable for 3 consecutive quarters:
“Net sales of others increased by 329.6% from the same period of the previous fiscal year to 64.7 billion yen (increase of 322.2% excluding the impact of exchange rates). Sales increased due to the acquisition of PFU. Due to upfront investment for new business creation, other operating income was 4.3 billion yen (loss). improved by 6.7 billion yen.” (Google translation)
