Ricoh to acquire remaining PFU shares, making it wholly owned

Ricoh Company (TSE:7752) announced it will acquire the remaining shares of PFU Limited from Fujitsu, completing the process of making PFU a wholly-owned subsidiary. The acquisition, approved by Ricoh's Board of Directors on March 4, 2025, involves purchasing the remaining 770,900 shares for ¥22.67 billion. This follows Ricoh's initial acquisition of 80% of PFU's shares in September 2022.