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Ricoh inaugurates Eco Business Development Center

With the aim of creating and expanding business based on environmental sustainability part of a project commemorating the company’s 80th anniversary

With the aim of creating and expanding new businesses based on environmental sustainability, Ricoh has established “Ricoh Eco Business Development Center. Since the 1990s, Ricoh has focused its efforts on “environmental management” to simultaneously reduce environmental impact and create additional sources of revenue & profit. At the start, the company set mid-term and long-term targets for 2020 and 2050 to reduce its impact on the environment. The company continues to actively work to reduce the environmental impact of its business activities. It also aggressively promotes saving energy and other resources where their products are used. Ricoh will further evolve the scope of this “environmental management” and aim to create eco-businesses in a broader range of fields, not limited to the domains it has focused on in the past. This will further evolve with customers, which will contribute to achieving a more sustainable society.

The “Ricoh Eco Business Development Center” was founded as a project to commemorate the company’s 80th anniversary. This center has three major functions: the “Reuse & Recycling Center”, which started operation in May last year; “a center for verification of eco-business technologies”, which is already in operation; and a “source to distribute information regarding eco-business activities”. It aims at creating and expanding eco-business towards achieving “eco-management that evolves with customers”. The Ricoh Group targets eco-business revenues of 100 billion yen in fiscal year 2020.

This center will start verification trials aimed at saving resources and creating energy, adhering to energy circulation, and as “the center for verification of eco-business technologies”. The target is to create new eco-businesses e.g. technology to tap-off energy from untapped natural resources, such as waste plastic and timber from forest thinning, or power-generating technology using a small water supply. Beyond this, it will promote its approach to saving energy through advanced technology with experiments that include operating automated guided vehicles using a new style secondary cell, which allows rapid charge and discharge, or researching plant cultivation technology. Positive people-to-people exchanges will be held on the basis of the ‘open innovation concept’ of collaboration between industry, academia and government. Trials on individual themes have already started by fostering collaboration between numbers of diverse parties. From now, with the opening of this center, each theme will progress to the verification trial stage. The company has participated in the “Gotemba eco-city plan” regional regeneration project and the “Model forest venture” to preserve afforested areas of Gotemba. Trials of eco-business development with other local areas have also started.

To commercialize, we must first organize the development and utilization system of eco-business technology in this center. Next, the center must contribute to activating the regional economy and circulating local resources through verification experiments involving the region. Further, we aim to deploy new eco-business in and outside the country, using eco-business technology and the systems acquired through these experiments.

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