New CEO and President at Ricoh as Company Seeks to ‘Tackle Decline in Office Printing’

Yoshinori Yamashita, who will serve as the new CEO and president of Ricoh Company of Japan.

Ricoh Company of Japan reports that it’s appointed Yoshinori Yamashita as its new CEO and president, as well as representative director. Yamashita is currently a Ricoh director and deputy president, and general manager of Ricoh’s Business Solutions Group. Ricoh also reported that it’s “tackling changes in the business environment such as the decline in growth of office printing.”

In the past several years, Ricoh has suffered from declining profits, including in its office-imaging business, some of which it’s attributed to the negative effects of a stronger Japanese yen, which makes products sold outside of Japan less price-competitive. See “More Resources” below for more information.

Yamashita will replace Zenji Miura, who will resign as representative director, CEO and president, and will be appointed as corporate executive advisor as of April 1, 2017.

Shiro Kondo will also resign as a representative director, but will remain chairman and member of the Ricoh Board of Directors as of April 1, 2017. Nobuo Inaba will be appointed as chairman of the Ricoh Board as of April 1, 2017

Ricoh’s new CEO and president, Yoshinori Yamashita, graduated from Hiroshima University, earning a degree in engineering, and joined Ricoh in 1980. He was appointed president of Ricoh Electronics in 2008, and 2010, was appointed group executive officer and corporate vice president.

In 2011, Yamashita was appointed corporate senior vice president and general manager of Ricoh’s Corporate Planning Division.

In 2012, he was appointed director, a position he currently holds, and corporate executive vice president. In 2013, he was put in charge of Ricoh Internal Management and Control. In 2014, he was appointed general manager for Ricoh’s Business Solutions Group, a position he currently holds. In 2015, Yamashita was put in charge of Ricoh “core business,” a position he currently holds, and last year, was appointed deputy president, a position he also currently holds.

More Resources

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