Ricoh Company, Ltd. and Consolidated Subsidiaries FLASH REPORT (Consolidated. Year ended March 31, 2004) Date of approval for the financial results for the year ended March 31, 2004, at the Board of Directors' meeting:April 28, 2004 1. Results for the period from April 1, 2003 to March 31, 2004 (1) Operating Results (Millions of yen) Year ended March 31, 2004 Year ended March 31, 2003 Net sales 1,780,245 1,738,358 (% change from the previous fiscal year) 2.4 3.9 Operating income 150,006 133,654 (% change from the previous fiscal year) 12.2 3.1 Income before income taxes 143063年 123,470 (% change from the previous fiscal year) 15.9 8.4 Net income 91,766 72,513 (% change from the previous fiscal year) 26.6 17.7 Net income per share-basic (yen) 123.63 99.79 Net income per share-diluted (yen) - 96.81 Return on equity (%) 12.6 11.2 Income before income taxes on total assets (%) 7.7 6.6 Income before income taxes on net sales (%) 8.0 7.1 Notes: 我。我的股票ncome of affiliates: ¥2,065 million (¥2,403 million in previous fiscal year) ii. Some changes in accounting method have been made. iii. Average number of shares outstanding (consolidated): 742,292,806 shares (726,659,698 shares in previous fiscal year) iv. Net income per share is calculated as required by SFAS No. 128. (2) Financial Position (Millions of yen) March 31, 2004 March 31, 2003 Total assets 1,852,793 1,884,922 Shareholders' equity 795131年 657,514 Equity ratio (%) 42.9 34.9 Equity per share (yen) 1,076.11 885.41 Note:Number of shares outstanding as of March 31,2004: 738,894,891 shares (742,608,635 shares as of March 31, 2003) (3) Cash Flow (Millions of yen) Year ended March 31, 2004 Year ended March 31, 2003 Cash flows from operating activities 154,911 185,742 Cash flows from investing activities -63,383 -98,199 Cash flows from financing activities -74,835 -67,143 Cash and cash equivalents at end of period 203,039 189,243 (4) Items relating to the scale of consolidation and the application of the equity method: Number of consolidated subsidiaries: 321; nonconsolidated subsidiaries: 39; affiliated companies: 21 (5) Changes relating to the scale of consolidation and the application of the equity method: Consolidated subsidiaries: 1 addition; 14 removals Companies accounted for by the equity method: 2 additions; 3 removals Notes: Consolidated financial statements of the Company and its consolidated subsidiaries have been prepared in conformity with accounting principles generally accepted in the United States of America. 2. Forecast of operating results from April 1, 2004 to March 31, 2005 (Millions of yen) Half year ended September 30, 2004 Year ended March 31, 2005 Net sales 895,000 1,810,000 Operating income 78,000 175,000 Income before income taxes 74,500 165000年 Net income 43800年 95,000 Note:Net income per share (Consolidated) 128.57 yen In accordance with Japanese regulations, Ricoh has issued forecast for its financial results for the fiscal year ending March 2005. These forecast are forward-looking statements based on a number of assumptions and beliefs in light of the information currently available to management and subject to significant risks and uncertainties.

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