PENTAX RICOH IMAGING PRODUCTS (Philippines Corporation)

          Ricoh is a global technology company specializing in office imaging equipment, production print solutions, document management systems and IT services. Headquartered in Tokyo, Ricoh Group operates in about 200 countries and regions.
      
         Ricoh Company, Ltd. (President & CEO: Shiro Kondo; hereinafter referred to as "Ricoh") announces the establishment of PENTAX RICOH IMAGING COMPANY, LTD. as its wholly owned subsidiary on October 1, 2011.

         Earlier, HOYA Corporation (President & CEO: Hiroshi Suzuki; hereinafter referred to as "HOYA") transferred the PENTAX Imaging Systems Business to PENTAX Imaging Corporation, a newly established subsidiary of HOYA, through an absorption-type split (spin off) and business transfer. Ricoh has acquired all shares outstanding in PENTAX Imaging Corporation, as of today, completing the transaction. Ricoh also changed the name of the company at the same time.

        By forming the new company, Ricoh will strive to further bolster consumer products and services, in addition to its existing digital camera business. The new company of Ricoh is named as PENTAX RICOH IMAGING COMPANY, LTD. which this business is in a manufacture and sales of optical equipment such as digital cameras, binoculars and lenses for security cameras.

        PENTAX RICOH IMAGING COMPANY, LTD. (PENTAX RICOH IMAGING PRODUCTS (Philippines Corporation)) has a Mission that states; "At the Ricoh Group, we are committed to providing excellence to improve the quality of living. And their Vision is to be the most trusted brand with irresistible appeal in the global market. In addition Ricoh has a Values Statement that states; "To be one of  global company, we must care about people, our profession, our society, and our planet. We must dedicate our winning spirit, innovation and teamwork to sharpen our customer centric focus, and we also must commit to the highest standards of ethics and integrity.
     
       When we had visited PENTAX on the second day of our tour in Cebu, for me it is a breath taking opportunity. We had this big opportunity to see how they produces their products, how they make it, designed it, packaged it and most of all is how they had maintained it for a long time to give their customers a good, durable and magnificent products.