Ricoh to sell off parts of company

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Ricoh to sell off parts of company
- Announced it has sold 6,160,000 shares of its leasing division to Mizuho Leasing
o Ricoh said that is has a vision of “beyond leasing”
- Announced it is spinning off the division that makes the 360 degree digital camera
o New company is named “Vecnos”
o Former Ricoh employee, Shu Ubukata, will lead new company
o Will sell the Theta 360 spherical video cameras

3/16/209:37 PM

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