Ricoh: Exhibition Takeaways: Advances in AI and DX Deployment in Office Operations

Research evidence excerpt

Ricoh: Exhibition Takeaways: Advances in AI and DX Deployment in Office Operations

Update

June 9, 2026 05:57 AM GMT

Morgan Stanley MUFG Securities Co., Ltd.+MRicoh (7752) | Japan Mie Yamazaki

Equity Analyst

Exhibition Takeaways: Advances Mie.Yamazaki@morganstanleymufg.com +81 3 6836-8899

in AI and DX Deployment in

Office Operations

Ricoh (7752.T, 7752 JT)

Precision Instruments | Japan

Key Takeaways Stock Rating Equal-weight

Industry View In-Line

Deployment of AI (eg. generative AI and agent-based AI) into frontline operations Price target ¥1,300

Shr price, close (Jun 8, 2026) ¥1,457

is entering full swing, with strong interest from attending companies. Mkt cap, curr, basic (bn) ¥829.1

Avg daily trading value (bn) ¥3.5

Ricoh will leverage its own experience in organizational reforms through AI and

DX to roll out solutions to clients.

Japan has a high proportion of long-established companies globally, with vast

amounts of corporate data retained as tacit knowledge, and the retirement of

experienced workers who hold this knowledge is a key business opportunity for

Ricoh.

Participation in Ricoh’s exhibition geared to customers: We attended "RICOH

Value Presentation 2026", where we looked at products and services in its

Workplace Services business, a key focus area. Compared with last year, more

visitors gathered around exhibits related to AI deployment and operational

efficiency improvements (incl. in back-office functions), so we feel there was strong

interest in those areas.

In the keynote by CSO Takahiro Irisa, Ricoh explained its organizational reforms

leveraging DX and AI. Since 2017, Ricoh has promoted the conversion of corporate

assets (such as tacit knowledge and unstructured data) into organizational