TOKYO (dpa-AFX) - Several media outlets reported that Ricoh Company, Ltd. and Toshiba Tec Corporation will establish a new company to consolidate multifunction printer production and development. However, no such decision has been made at this time, Ricoh said in a statement on Friday.
Ricoh stated that it is working to strengthen its manufacturing capabilities and is also exploring the possibility of integrating the development and production of multifunction printers and other devices with Toshiba Tec Corporation.
'This matter is scheduled to be discussed the meeting of the Board of Directors today. If any decisions are made regarding such matters, Ricoh will announce them in a timely manner,' Ricoh said.
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