July 1, 2024

Company Name: Ricoh Company, Ltd.
President and CEO: Akira Oyama
Stock code:7752 (Prime of Tokyo Stock Exchange)
Contact: Takashi Kawaguchi, Executive Corporate Officer and CFO(Tel. +81-50-3814-2805)
Company Name: Toshiba Tec Corporation
President and CEO: Hironobu Nishikori
Stock code: 6588 (Prime of Tokyo Stock Exchange)
Contact: Akira Abe, General Manager of Corporate Communications
Division(Tel. +81-3-6830-9151)(Update on Previously Disclosed Transaction) Notice regarding the Completion of entering into a
Joint Venture Company ETRIA CO., LTD.

Ricoh Company, Ltd. (President and Chief Executive Officer: Akira Oyama; “Ricoh”) and Toshiba Tec
Corporation (President and Chief Executive Officer: Hironobu Nishikori, “Toshiba Tec”) announced thecompletion of integrating their businesses of the development and manufacturing of multifunction printers(“MFPs”) and other products and entering into a joint venture company ETRIA CO., LTD. (“ETRIA”) as oftoday, which Ricoh Technologies Co., Ltd. becomes the successor company with Ricoh and Toshiba Tec asshareholders to develop and manufacture MFPs and other products. This completion is as announced in the“Notice regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation bynecessary procedures such as Company Split (Simplified Absorption-type Company Split), and theconclusion of a Business Integration Agreement and a Shareholders Agreement related to the integration ofMFPs’ development and manufacturing” released on May 19, 2023 (including subsequent changes anddevelopments*).

*Partial corrections have already been made by (i) “(Corrections) Notice Regarding Partial Corrections to the ‘Notice
regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation by necessary procedures
such as Company Split (Simplified Absorption-type Company Split), and the conclusion of a Business Integration
Agreement and a Shareholders Agreement related to the integration of MFP’s development and manufacturing’” releasedon July 19, 2023, (ii) partial corrections and additions have already been made to “(Progress and changes in disclosurematters) Notice regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation by necessary
procedures such as Company Split (Simplified Absorption-type Company Split), and the conclusion of a Business1Integration Agreement and a Shareholders Agreement related to the integration of MFP’s development and manufacturing”
as released on August 24, 2023, (iii) partial changes to “(Second Correction) Notice Regarding Partial Corrections to the‘Notice regarding a Business Partnership between Ricoh Company, Ltd., and Toshiba Tec Corporation by necessary
procedures such as Company Split (Simplified Absorption-type Company Split), and the conclusion of a Business
Integration Agreement and a Shareholders Agreement related to the integration of MFPs’ development and manufacturing’”
released on November 24, 2023, and (iv) partial corrections and additions have already been made to “(Update on
Previously Disclosed Transaction) Notice regarding the Conclusion of the Absorption-type Company Split Agreement with
Joint Venture Company” released on February 6, 2024.

1. Overview of ETRIA CO., LTD.
(1)

Company nameETRIA CO., LTD.

(2)

Address

16F Yokohama Gate Tower, 1-2-5 Takashima
Nishi-ku, Yokohama-shi, Kanagawa, Japan(3)

Representative name

Katsunori Nakata, President and CEO(4)

Principal business

Development, production, and sales of office machines, industrial
equipment, optical equipment, their peripheral devices and consumables,
and other products.

(5)

Capital stock

500 million yen(6)

Accounting date

March 31

2. Future Outlook
Entering into a joint venture, ETRIA is a Ricoh consolidated subsidiary and a Toshiba Tec affiliatedcompany accounted for by the equity-method. There is no change in the consolidated business result
forecasts of Ricoh and Toshiba Tec for the fiscal year ending March 2025.

2