After loosing 10bn Yen, Ricoh planning to expand Theta segment
Ricoh lost 10 billion yen and will revise downward their financial forecast (Google translated): Ricoh Co., Ltd. announced that it will revise downward forecasts for the fiscal year ending March 31, 2007 on April 11. Approximately 10 billion yen (over 90 million USD) is recorded as impairment loss. Because we can not anticipate expected profits in the digital camera business.