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                                                                     Exhibit 1.4

                                 (Translation)

                          REGULATIONS OF THE BOARD OF
                             CORPORATE AUDITORS OF
                              RICOH COMPANY, LTD.

(Purpose)

Article 1. These Regulations of the Board of Corporate Auditors (the
           "Regulations") shall govern the matters concerning the Board of
           Corporate Auditors of Ricoh Company, Ltd. (the "Company") pursuant
           to the applicable laws and ordinances and the Articles of
           Incorporation of the Company.

(Composition)

Article 2. (1) The Board of Corporate Auditors shall be composed entirely of
           Corporate Auditors of the Company.

           (2) The Board of Corporate Auditors shall have a full-time
           Corporate Auditor.

           (3) In addition to the requirement of the preceding paragraph, the
           Board of Corporate Auditors shall have a Chairman (a "Chairman")
           and a Specified Corporate Auditor as defined in Article 7 hereof.

(Objectives of the Board of Corporate Auditors)

Article 3. The objective of the Board of Corporate Auditors shall be to
           receive reports, discuss and resolve on matters of importance
           relating to audits; provided, however, nothing provided for in this
           article shall preclude a Corporate Auditor from exercising his or
           her powers as a Corporate Auditor.

(Duties of the Corporate Auditors)

Article 4. The Board of Corporate Auditors shall perform the following duties;
           provided, however, nothing in Item 3 below shall preclude a
           Corporate Auditor from exercising his or her powers as a Corporate
           Auditor.

           1. Prepare audit reports;

           2. Appoint and remove full-time Corporate Auditors; and

           3. Determine audit policies, investigation methods as to the state
              of the Company's business and assets and other matters relating
              to the exercise of Corporate Auditors' duties.

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(Appointment and Removal of Full-Time Corporate Auditors)

Article 5. The Board of Corporate Auditors shall, by resolution, appoint
           full-time Corporate Auditors from among Corporate Auditors or
           remove full-time Corporate Auditors.

(Chairman)

Article 6. (1) The Board of Corporate Auditors shall, by resolution, determine
           a Chairman from among Corporate Auditors.

           (2) The Chairman shall, in addition to the duties set forth in
           Article 9, Paragraph 1 below, carry out duties that are delegated
           to him or her by the Board of Corporate Auditors; provided,
           however, the Chairman shall not preclude a Corporate Auditor from
           exercising his or her powers as a Corporate Auditor.

           (3) The term of the Chairman shall be for one year from the meeting
           of the Board of Corporate Auditors held after completion of the
           ordinary general meeting of shareholders.

(Specified Corporate Auditor)

Article 7. (1) The Board of Corporate Auditors shall, by resolution, determine
           an individual (the "Specified Corporate Auditor") who shall carry
           out the following duties:

           1. Receive from Directors business reports and supplementary
              statements attached thereto as well as accounts-related
              documents, which shall be received by each Corporate Auditor,
              and distribute such documents to other Corporate Auditors;

           2. Provide notice of the contents of the audit report prepared by
              the Board of Corporate Auditors concerning business reports and
              supplementary statements attached thereto to a Director
              designated as the recipient of such notice (the "Specified
              Director");

           3. Agree with the Specified Director as to the date on which notice
              set forth in the previous paragraph shall be provided;

           4. Receive notice on the contents of accounting audit reports from
              the accounting auditors and notify the contents of such
              accounting audit reports to other Corporate Auditors;

           5. Notify the Specified Director and accounting auditors of the
              contents of the audit report prepared by the Board of Corporate
              Auditors relating to the accounts-related documents; and

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6.          Agree with the Specified Director and accounting auditor as to the
            date on which notice of the contents of the accounting audit
            report from the accounting auditor shall be received.

            (2) The Specified Corporate Auditor shall be a full-time Corporate
            Auditor.

(Holding of Meetings)

Article 8.  As a general rule, meetings of the Board of Corporate Auditors
            shall be held at least once every three (3) months; provided,
            however, meetings may be held from time to time whenever necessary.

(Convener of Meetings)

Article 9.  (1) The Chairman shall convene and conduct the meetings of the
            Board of Corporate Auditors.

            (2) A Corporate Auditor may request that the Chairman convene a
            meeting of the Board of Corporate Auditors.

            (3) In the event that the Chairman does not convene a meeting of
            the Board of Corporate Auditors, despite a request made pursuant
            to the preceding paragraph, the Corporate Auditor who made the
            request may convene and conduct the meeting himself or herself.

(Convocation Procedures)

Article 10. (1) To convene a meeting of the Board of Corporate Auditors, a
            notice of convocation shall be dispatched to each Corporate
            Auditor at least three (3) days prior to the date of such meeting.

            (2) A meeting of the Board of Corporate Auditors may be held
            without following the convocation procedures, with the unanimous
            consent of all of the Corporate Auditors.

(Method of Resolution)

Article 11. (1) A resolution of the Board of Corporate Auditors shall be
            adopted by a majority vote of all Corporate Auditors; provided,
            however, resolution of matters set forth in Article 19, Paragraph
            2 (removal of accounting auditors), Article 24, Paragraph 1
            (partial exemption from liability for Officers, etc.) and Article
            25, Paragraph 1 (auxiliary intervention in a derivative action by
            shareholders) shall be adopted unanimously.

            (2) Prior to adopting a resolution, Corporate Auditors shall
            deliberate upon matters based on sufficient information and
            materials.

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(Resolutions Relating to Audit Policies, etc.)

Article 12. (1) The Board of Corporate Auditors shall, by resolution,
            establish matters such as the audit policy, audit plan, audit
            method and sharing of audit services.

            (2) In addition to the matters provided in the preceding
            paragraph, the Board of Corporate Auditors shall resolve such
            other matters it deems necessary for performing its duties, such
            as the budget for audit expenses and expenses relating to
            independent outside advisors.

            (3) The Board of Corporate Auditors shall adopt resolutions
            concerning the contents of the structures listed below and, as it
            deems necessary, request Directors of the Company to develop these
            structures.

            1. Matters relating to employees who shall assist the Corporate
               Auditors in performing their duties;

            2. Matters relating to the independence of the employees provided
               in the preceding item from Directors;

            3. A structure under which Directors and employees shall report to
               Corporate Auditors and other structures relating to reports to
               Corporate Auditors; and

            4. Other structures to ensure the effective audit by the Corporate
               Auditors.

(Regular Meetings, etc. with Representative Director(s))

Article 13. (1) The Board of Corporate Auditors shall regularly meet with the
            Representative Director(s) in an effort to foster mutual awareness
            by exchanging opinions on such matters as those that the Company
            shall address, improvements to the environment in which audits are
            conducted by the Corporate Auditors and issues of importance in
            conducting audits, and requesting modifications that it deems
            necessary.

            (2) The Board of Corporate Auditors shall explain to the
            Representative Director(s) and, when necessary, to the Board of
            Directors the audit policies and audit plans as well as results of
            the audit.

            (3) In addition to the matters as required by law, the Board of
            Corporate Auditors shall, upon consultation with Directors,
            determine the matters on which the Board of Directors and
            employees shall report to the Board of Corporate Auditors in
            accordance with the structures provided in Paragraph 3, Item 3 of
            the preceding article, and shall receive reports on such matters.

(Reports to the Board of Corporate Auditors)

Article 14. (1) A Corporate Auditor shall regularly and from time to time, or
            when requested by the Board of Corporate Auditors, report to the
            Board of Corporate Auditors on the status of performance of his or
            her duties.

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            (2) A Corporate Auditor who has received a report from an
            accounting auditor, Director, employee of the Audit Office or any
            other person shall report thereon to the Board of Corporate
            Auditors.

            (3) The Board of Corporate Auditors shall request reports from
            accounting auditors, Directors, employees of the Audit Office and
            such other persons as it deems necessary.

            (4) In connection with the preceding three (3) paragraphs, in the
            event a Corporate Auditor, accounting auditor, Director, an
            employee of the Audit Office or any other person notifies all
            Corporate Auditors of matters that should be reported to the Board
            of Corporate Auditors, such matters shall not be required to be
            reported to the Board of Corporate Auditors.

(Measures to be Taken upon the Receipt of Reports)

Article 15. If the Board of Corporate Auditors receives a report as to the
            matters listed below, it shall conduct the necessary investigation
            and take measures appropriate to the circumstance:

            1. A report from a Director regarding a discovery of a fact that
            may cause significant damage to the Company;

            2. A report from an accounting auditor regarding a discovery of an
            improper action by a Director in carrying out his or her duties or
            a discovery of a material fact such that it may result in a breach
            of the laws and ordinances or the Articles of Incorporation; or

            3. A report from a Director or an employee on matters that have
            previously been discussed and decided upon with the Directors.

(Measures to be Taken against Internal and External Claims and Accusations)

Article 16. (1) The Board of Corporate Auditors shall delegate part of its
            duties to accept, retain and handle claims or accusations relating
            to inadequacies in accounting, internal accounting controls or
            auditing to the Corporate Social Responsibility ("CSR")
            Enhancement Section.

            (2) In the event that the Board of Corporate Auditors receives
            from the CSR Enhancement Section or others a report on claims and
            accusations set forth in the previous paragraph concerning the
            matters listed below, provisions set forth in the previous article
            shall apply MUTATIS MUTANDIS:

            1. Violations of Article 356 of the Companies Act of Japan
               (Restrictions on Competition and Conflicting Interest
               Transactions);

            2. Derivative actions by shareholders;

            3. Important matters affecting the business performance of the
               Company; and

            4. Other material violations relating to compliance or material
               inadequacies relating to accounting, internal accounting
               controls or auditing.

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(Preparation of Audit Reports)

Article 17. (1) The Board of Corporate Auditors shall, based upon audit
            reports prepared by each Corporate Auditor, deliberate upon and
            prepare the audit report of the Board of Corporate Auditors.

            (2) In the event that the contents of the Board of Corporate
            Auditors' audit report differ from the contents of audit reports
            prepared by each Corporate Auditor and a Corporate Auditor
            requests that the contents of his or her audit report be quoted in
            the audit report of the Board of Corporate Auditors, such contents
            shall be so quoted.

            (3) Each Corporate Auditor shall sign or affix his or her seal
            (including electronic signature) on the Board of Corporate
            Auditors' audit report. Full-time Corporate Auditors and outside
            Corporate Auditors shall note or record in the audit report that
            they are a full-time Corporate Auditor or an outside Corporate
            Auditor, as appropriate.

            (4) In the event that the Company prepares extraordinary
            accounting documents or consolidated accounting documents, the
            provisions of the preceding three (3) paragraphs shall apply
            MUTATIS MUTANDIS to the preparation of such documents.

(Consent etc., Concerning the Appointment of Corporate Auditors)

Article 18. (1) The following matters concerning the appointment of Corporate
            Auditors shall be resolved at a meeting of the Board of Corporate
            Auditors:

            1. Consent to the submission of a proposal concerning the
               appointment of Corporate Auditors to a general meeting of
               shareholders;

            2. Request the inclusion of the appointment of a Corporate Auditor
               in the agenda of a general meeting of shareholders; and

            3. Request the submission of a proposal concerning the appointment
               of a Corporate Auditor to a general meeting of shareholders.

            (2) The preceding paragraph shall also apply MUTATIS MUTANDIS to
            the appointment of an alternate Corporate Auditor to fill
            vacancies of Corporate Auditors.

(Consent etc. Concerning the Appointment of Accounting Auditors)

Article 19. (1) The following matters concerning the appointment, removal or
            non-reappointment of accounting auditors shall be resolved at a
            meeting of the Board of Corporate Auditors:

            1. Consent to the submission of a proposal concerning the
               appointment of accounting auditors to a general meeting of
               shareholders;

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                     2. Consent to the inclusion of the removal or
                        non-reappointment of an accounting auditor in the agenda
                        of a general meeting of shareholders;

                     3. Request the submission of a proposal concerning the
                        appointment of an accounting auditor to a general
                        meeting of shareholders;

                     4. Request the inclusion of the appointment, removal or
                        non-reappointment of an accounting auditor in the agenda
                        of a general meeting of shareholders; and

                     5. Appointment of a person who shall temporarily perform
                        the duties of an accounting auditor in the case of its
                        absence.

                     (2) In the event that the Board of Corporate Auditors is to
                     remove an accounting auditor based upon reasons provided
                     for by statute, the Board of Corporate Auditors shall do so
                     by unanimous resolution. In such case, the Corporate
                     Auditor appointed by the Board of Corporate Auditors must
                     report on the removal and the reasons therefor at the first
                     general meeting of shareholders held after such removal.

                     (3) The consent contemplated in the preceding paragraph may
                     be obtained in writing or by electronic record when there
                     is an urgent need to do so.

(Resolutions Concerning the Appointment and Removal of Independent Outside
Advisors)

Article 20.          The appointment and removal of independent outside advisors
                     shall be by a resolution of the Board of Corporate
                     Auditors.

(Consent to Remuneration, etc. of the Accounting Auditor)

Article 21.          Consent to the remuneration, etc. of the accounting auditor
                     or any person who shall temporarily perform the duties of
                     an accounting auditor payable by the Company or its
                     subsidiaries shall be obtained by a resolution of the Board
                     of Corporate Auditors.

(Report and Confirmation of the Contents of the Annual Securities Report and
Annual Report)

Article 22.          The Board of Corporate Auditors shall receive reports from
                     the Disclosure Committee as to the Annual Securities Report
                     prepared pursuant to the Securities and Exchange Law of
                     Japan, as amended, and the Annual Report on Form 20-F
                     prepared pursuant to the United States Securities Exchange
                     Act of 1934, as amended, and confirm its contents.

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(Pre-Approval Relating to the Independence of Accounting Auditors)

Article 23. (1) The Board of Corporate Auditors shall pre-approve the audit
            services and non-audit services to be provided to the Company and
            its subsidiaries by accounting auditors.

            (2) The Board of Corporate Auditors shall establish the "Audit and
            Non-Audit Services Pre-Approval Policy" as its policies and
            procedures for pre-approval.

            (3) The Board of Corporate Auditors may, by resolution, delegate
            the power to pre-approve non-audit services to an outside
            Corporate Auditor.

(Consent Relating to the Partial Exemption from Liability for Officers, etc.*)

Article 24. (1) The consent of the Board of Corporate Auditors as to matters
            listed below shall be obtained by a unanimous resolution adopted
            by all Corporate Auditors:

            1. Submission of proposals concerning the partial exemption from
               liability for Officers, etc. to a general meeting of
               shareholders;

            2. Submission of proposals concerning an amendment to the Articles
               of Incorporation, which shall empower the Board of Directors to
               partially exempt Officer, etc. from liability by a resolution
               at a meeting of the Board of Directors, to a general meeting of
               shareholders;

            3. Submission of proposals concerning the partial exemption from
               liability of Officers, etc. to the Board of Directors meeting,
               in accordance with the Articles of Incorporation; and

            4. Submission of proposals concerning an amendment to the Articles
               of Incorporation, which enables the Company to enter into an
               agreement with outside Officers, etc. to partially exempt him
               or her from liability, to a general meeting of shareholders.

            (2) The consent contemplated in the preceding paragraph may be
            obtained in writing or by electronic record when there is an
            urgent need to do so.

(Consent to Auxiliary Intervention)

Article 25. (1) The consent of the Board of Corporate Auditors concerning the
            Company's auxiliary intervention for a Director who is a defendant
            in a derivative action by shareholders shall be obtained by a
            unanimous resolution at a meeting of the Board of Corporate
            Auditors, as provided in the previous article.
--------
[*The term "Officers, etc." used herein means Directors, accounting advisors
  and Corporate Auditors as provided in Article 329, Paragraph 1 of the
  Corporation Act of Japan.]

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            (2) The consent contemplated in the preceding paragraph may be
            obtained in writing or by electronic record when there is an
            urgent need to do so.

(Deliberation Regarding the Exercise of Powers by Corporate Auditors)

Article 26. Corporate Auditors may deliberate at a meeting of the Board of
            Corporate Auditors before they exercise their powers or fulfill
            their obligations with respect to the following matters:

            1. Responses to inquiries to a Corporate Auditor received from a
               shareholder in advance of a general meeting of shareholders;

            2. Matters such as reports to the Board of Directors and requests
               to convene a meeting of the Board of Directors;

            3. Items and documents to be submitted to a general meeting of
               shareholders and results of research relating to other matters;

            4. Request for suspension of the acts of Directors that are
               outside the scope of the Company's purpose or that are in
               violation of laws and ordinances or the Company's Articles of
               Incorporation;

            5. Statements of opinion regarding the appointment, removal,
               resignation and remuneration, etc. of Corporate Auditors at a
               general meeting of shareholders;

            6. Matters concerning lawsuits between the Company and Directors;
               and

            7. Any other matters concerning the filing of lawsuits, etc.

(Deliberation on Remuneration)

Article 27. Deliberation of the remuneration, etc. of Corporate Auditors may,
            if all Corporate Auditors have so consented, be conducted at a
            meeting of the Board of Corporate Auditors.

(Mutual Vote for Full-Time Corporate Auditors)

Article 28. The Corporate Auditors may elect full-time Corporate Auditors from
            among themselves.

(Minutes)

Article 29. (1) The Board of Corporate Auditors shall prepare minutes for its
            meetings, which shall contain the matters listed below, and each
            Corporate Auditor who attends the meeting shall sign or affix his
            or her seal (including electronic signature) on the minutes.

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            1. Date, time and location of the meeting (including the method of
               attendance of any Corporate Auditor, Director or accounting
               auditor who was not at the location of the meeting but attended
               the meeting of the Board of Corporate Auditors);

            2. Outline of the proceedings and the results thereof;

            3. If an opinion or statement was made at the Board of Corporate
               Auditors meeting on any of the following matters, a summary of
               such opinion or statement:

              (a)  A report from a Director regarding a discovery of a fact
                   that may cause significant damage to the Company; and

              (b)  A report from an accounting auditor regarding a discovery
                   of an improper action by a Director in carrying out his or
                   her duties or a discovery of a material fact such that it
                   may result in a breach of the laws and ordinances or the
                   Articles of Incorporation.

            4. The name or trade name of the Directors and the accounting
               auditors who were present at the meeting.

            (2) If a report to the Board of Corporate Auditors is not required
            pursuant to the provisions of Article 14, Paragraph 4, the Board
            of Corporate Auditors shall prepare minutes setting forth the
            following items:

            1. The content of matters that are determined to be unnecessary to
               be reported to the Board of Corporate Auditors;

            2. The date on which the matters were determined to be unnecessary
               to be reported to the Board of Corporate Auditors; and

            3. The name of the Corporate Auditor who prepared the minutes.

            (3) The Company shall maintain the minutes of the Board of
            Corporate Auditors provided in the preceding two (2) paragraphs at
            its head office for the period of ten (10) years.

(Secretariat of the Board of Corporate Auditors)

Article 30. The convocation of meetings of the Board of Corporate Auditors,
            drafting of the minutes and other matters concerning the
            administration of the meeting of the Board of Corporate Auditors
            shall be handled by employees that have the duty to support the
            Corporate Auditors, such as the staff of the Corporate Auditors.

(Auditing Standards of Corporate Auditors)

Article 31. Matters relating to the meetings of the Board of Corporate
            Auditors and audits by the Corporate Auditors shall comply with
            the laws and ordinances, the

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            Articles of Incorporation and these Regulations, as well as the
            audit standards of the Corporate Auditors determined by the Board
            of Corporate Auditors.

(Amendment to and Abolition of These Regulations)

Article 32. Any amendment to or abolition of these Regulations shall be made
            by the Board of Corporate Auditors.

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SUPPLEMENTARY PROVISIONS

         1.  Date of Enactment:            June 28, 2006

         2.  Approved by:                  The Board of Corporate Auditors

         3.  Established by:               Chief of Audit Section

         4.  Section in Charge:            Audit Section

         5.  History of Establishment and Amendments

<TABLE>
<S><C>

      Date of Establishment and Enactment:

                                      November 1, 1978 (Chief of Audit Section)

      Date of Enactment of Amendments:

                                      June 29, 1982 (Chief of Audit Section)

      Date of Enactment of Amendments:

                                      June 29, 1994 (Chief of Audit Section)

      Date of Enactment of Amendments:

                                      May 1, 2002 (Chief of Audit Section)

      Date of Enactment of Amendments:

                                      May 1, 2003 (Chief of Audit Section)

      Date of Enactment of Amendments:

                                      October 17, 2003 (Chief of Audit Section)

      Date of Enactment of Amendments:

                                      February 25, 2005 (Chief of Audit Section)

      Date of Enactment of Amendments:

                                      June 28, 2006 (Chief of Audit Section)
</TABLE>

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