FORM 6-K


                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        REPORT OF FOREIGN PRIVATE ISSUER

                        Pursuant to Rule 13a-16 or 15d-16
                     of the Securities Exchange Act of 1934

                          For the month of January, 2004

                        Commission File Number 2 - 68279

                               RICOH COMPANY, LTD.
                 -----------------------------------------------
                 (Translation of Registrant's name into English)

          15-5, Minami-Aoyama 1-Chome, Minato-ku, Tokyo 107-8544, Japan
          -------------------------------------------------------------
                    (Address of Principal Executive Offices)

(Indicate by check mark whether the registrant files or will file annual reports
 under cover Form 20-F or Form 40-F.)

      Form 20-F    X      Form 40-F    __

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as
 permitted by Regulation S-T Rule 101(b)(1): __ )

(Indicate by check mark if the registrant is submitting the Form 6-K in paper as
 permitted by Regulation S-T Rule 101(b)(7): __ )

(Indicate by check mark whether by furnishing the information contained in this
 Form, the registrant is also thereby furnishing the information to the
 Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act
 of 1934.)

      Yes    __      No    X

(If "Yes" is marked, indicate below the file number assigned to the registrant
 in connection with Rule 12g3-2(b): 82-__ )


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                                    SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.


                                                Ricoh Company, Ltd.
                                                ------------------------------
                                                (Registrant)

                                                By:  /S/  Zenji Miura
                                                ------------------------------
                                                Zenji Miura
                                                Executive Vice President
                                                General Manager of
                                                 Finance & Accounting Division

January 14, 2004


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                                                                January 14, 2004

                                                     Ricoh Company, Ltd.
                                                     15-5, Minami Aoyama 1-chome
                                                     Minato-ku, Tokyo 107-8544
                                                     Japan



                    Notice of Repurchase of Shares from the Market


We hereby inform you that Ricoh Co.,Ltd. (RICOH) repurchased its shares from the
market as follows pursuant to the provisions of Article 210 of the Commercial
Code.

1. Purchase Period                 : December 12, 2003 through December 30, 2003
2. Number of shares repurchased    : 1,000 shares
3. Aggregate purchase price        : JPY 1,905,000
4. Method of repurchase            : Purchase on the Tokyo Stock Exchange

(Reference)
1) Matters resolved at the ordinary general meeting of shareholders held on
   June 26, 2003:
  - Type of shares to be repurchased           : Shares of common stock of RICOH
  - Aggregate number of shares to be repurchased : Up to 32,000,000 shares
  - Aggregate purchase price                   : Up to JPY 60,000,000,000
2) Cumulative total of shares repurchased through December 30, 2003
  - Aggregate number of shares repurchased     : 4,636,000 shares
  - Aggregate purchase price                   : JPY 9,280,498,000