6-K 1 r6k061012.txt AGREEMENT ON RICOH EUROPE'S ACQUISITION OF EUROPEAN OPERATIONS OF DANKA BUSINESS SYSTEMS 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 October 2006 Commission File Number 2 - 68279 RICOH COMPANY, LTD. ----------------------------------------------- (Translation of Registrant's name into English) 13-1, Ginza 8-Chome, Chuo-ku, Tokyo 104-8222, 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-__ ) -------------------------------------------------------------------------------- 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 Director, Chief Financial Officer Corporate Executive Vice President October 12, 2006 -------------------------------------------------------------------------------- OCTOBER 12, 2006 CONTACT: RICOH COMPANY, LTD. PR DEPARTMENT Masakuni Kutsuwada, General Manager +81-3-6278-5228 koho@ricoh.co.jp RICOH COMPANY, LTD. ANNOUNCES: RICOH EUROPE B.V. TO ACQUIRE EUROPEAN OPERATIONS OF DANKA BUSINESS SYSTEMS PLC Ricoh Company, Ltd. (CEO: Masamitsu Sakurai) today announced that its subsidiary Ricoh Europe B.V. ("REBV", 100% owned by Ricoh Co., Ltd.) has entered into a Share Purchase Agreement (the "Agreement") with Danka Business Systems PLC ("Danka", office equipment sales/service company) to acquire Danka's European operations (the "Transaction"). By this Transaction, the Ricoh Group can strengthen its sales and service force in major countries in Europe. Ricoh and Danka strongly believe the Transaction will result in better service to the customers and higher customer satisfaction. [Transaction profile] Content of agreement REBV will acquire 100% share of Danka's European operating and holding companies (total 16 companies). Expected purchase price US$210 million (approximately 24.0 billion Yen) Share transfer date December 31, 2006 (subject to change) [Danka: European operations profile] Business Sales and service of office equipment such as copiers, printers and fax machines. Net sales Approximately US$520 million (fiscal year ended March 2006) Countries of operation UK, Germany, France, Italy, Spain, the Netherlands, Austria, Belgium, Switzerland, Denmark, Norway, Sweden Number of employees Approximately 2,300 [Danka Business Systems PLC, company profile] Company name Danka Business Systems PLC Headquarter address 11101 Roosevelt Blvd., St. Petersburg, FL33716, U.S.A. Chairman and CEO A. D. Frazier Year of incorporation 1977 Net Sales Approximately US$1,095 million (consolidated, fiscal year ended March 2006) [Ricoh Europe B.V., company profile] Company name Ricoh Europe B.V. Headquarter address Prof. W.H. Keesomlaan 1, 1183 DJ Amstelveen, The Netherlands Chairman Shiroh Sasaki Year of incorporation 1971 Business Sales and service of office equipment such as copiers, printers and fax machines in Europe, Middle East and Africa. Net sales 438.7 billion Yen (Ricoh European region consolidate, fiscal year ended March 2006) [Influence on business results] Influence on FY2007 Ricoh consolidated results is not expected to be significant.