2.0
Apr 1, 2021
Recommend
CEO approval
Business Outlook
Pros
Good products in both traditional and emerging space.
Cons
Cash strapped both in Australia and in HQ. Japan thought the answer was a self-absorbed and arrogant NZ management team. Market is in structural decline, and so far Ricoh can’t work out a way to effectively replace its annuity stream. The biggest competitor made a decision to dominate market share and price has dropped to unsustainable levels. Continues to reduce headcount without any investment in systems to optimise workload.