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Results Briefing for the Fiscal Results Briefing for the Fiscal

Year Ended March 2014Year Ended March 2014

April 25, 2014April 25, 2014

Ricoh Leasing Company, Ltd.Ricoh Leasing Company, Ltd.

1

1. Performance Overview

(Fiscal Year Ended March 31, 2014)

2

13/3 14/3

Actual Forecast Actual DifferenceActual/Forecast

YoY (%)

Revenue 2,340 2,405 2,459 54 102.2 5.1

Gross profit 285 284 285 1 100.7 0.0

Selling, general and administrative expenses

115 124 125 +1 101.1 8.5

Operating income 170 160 160 0 100.4 -5.7

(Operating income margin)

7.3 6.7 6.5 -0.2 - -0.8

Income before special items

169 159 158 0 99.9 -6.1

Net income 102 96 95 0 99.5 -6.5

(Net profit to sales) 4.4 4.0 3.9 -0.1 - -0.5

YoY (Yen)

EPS 327.26 307.52 305.94 -1.58 - -21.32

Dividends per share 43.00 43.00 45.00 +2.00 - +2.00

Consolidated ResultsConsolidated ResultsConsolidated Results Performance Overview

(100 million yen, %)

* Forecasts are those announced on October 22, 2013.* Forecasts are those announced on October 22, 2013.

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Factors Affecting Operating IncomeFactors Affecting Operating Income Performance Overview

(100 million yen)

170

14/3 Actual

160

-10+3

Items of Gross ProfitItems of selling, general and administrative expenses

Decrease in gross margin for the lease/installment

business Decrease in expenses

13/3 Actual

Increase in financial income

+4

-3 -14+1

Decrease in financing cost

Decrease in gross margin of leasing -4Increase in re-leasing +1Increase in installment revenue +2

-1

Change in accounting

standard for leases

Increase in allowance for bad

debt

Previous forecast -3 -1 +2 0 +5 -13

(Difference with forecast

- - +1 +1 -1 -1 )

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Transaction Volume by BusinessTransaction Volume by BusinessTransaction Volume by Business

13/3 14/3

Actual Forecast Actual DifferenceActual/Forecast

YoY (%)

Financial lease 2,332 2,426 2,695 269 111.1 15.6

Operating lease 86 90 104 14 116.1 20.4

Installments 351 367 409 42 111.6 16.5

Lease/installment business

2,770 2,883 3,209 326 111.3 15.9

Financial services business

216 217 248 31 114.4 14.9

Total transaction volume

2,986 3,100 3,457 357 111.5 15.8

(100 million yen, %)

* The above transaction volume is based on acceptance inspection* The above transaction volume is based on acceptance inspections.s.

Performance Overview

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(100 million yen, %)

Lease/Installment Business - Transaction Volume by

Category

Lease/Installment Business Lease/Installment Business -- Transaction Volume by Transaction Volume by

CategoryCategoryPerformance Overview

13/3 14/3

Actual Forecast Actual DifferenceActual/Forecast

YoY (%)

Remarks

Office and IT-related equipment

1,734 1,800 2,028 228 112.7 17.0Demand for replacement of XP

Medical equipment

400 410 440 30 107.4 9.9

Industrial machinery

117 135 169 34 125.9 45.1Solar power generation

Commercial and service industry equipment

244 250 252 2 101.1 3.3

Vehicles and transport equipment

114 124 126 2 102.4 11.1Restoration demand

Others 159 164 190 26 116.2 19.6Restoration demand

Total transaction volume

2,770 2,883 3,209 326 111.3 15.9

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Operating Results by Segment (Lease/installment Business)Operating Results by Segment (Lease/installment Business)Operating Results by Segment (Lease/installment Business) Performance Overview

(100 million yen)

0

500

1,000

1,500

2,000

2,500

10/3 11/3 12/3 13/3 14/30

50

100

150

200

2,236 2,244 2,249 2,2772,388

105 109

155 154

138

Revenue (left bar)

Segment income (right bar)

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Operating Results by Segment (Financial Services Business)Operating Results by Segment (Financial Services Business)Operating Results by Segment (Financial Services Business) Performance Overview

40.643.3

45.9

49.6

54.4

16.919.3 20.3

22.7

27.0

0

10

20

30

40

50

60

10/3 11/3 12/3 13/3 14/3

Revenue

Segment income

(100 million yen)

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Financial Services Business - Priority MeasuresFinancial Services Business Financial Services Business -- Priority MeasuresPriority Measures Performance Overview

Number of monthly transaction cases of Number of monthly transaction cases of collection agency services by yearcollection agency services by year

Factoring services for nursingFactoring services for nursing--care benefits care benefits -- transaction volume by yeartransaction volume by year

(100 million yen)

(10,000 cases)

• Reinforcement of web-based marketing

to efficiently capture small-lot cases

• Cultivation of customers with large-lot

transactions by the specialized sales

task force

• Steady implementation of industry-

specific measures (nursing care,

education, etc.)

October 2011: Established Nursing-care Business Promotion Office

April 2013: Introduced “Care Concierge,” a site for nursing-care business operators

May 2013: Began offering loans for nursing-care business operators

Achieved the target of 1 million cases set in Achieved the target of 1 million cases set in the previous mediumthe previous medium--term management plan (14/3)!term management plan (14/3)!

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5463

92

0

20

40

60

80

100

120

10/3 11/3 12/3 13/3 14/3

106

0 323

90

198

0

50

100

150

200

250

10/3 11/3 12/3 13/3 14/3

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Balance of Operating Assets and Default RateBalance of Operating Assets and Default RateBalance of Operating Assets and Default Rate

5,142(245)4,552

(250)4,420(239)

4,529(242)

612

359 412436

1,099

744 776925

0.25

0.71

0.52

0.32

0

4,000

5,000

6,000

7,000

14/310/3 11/3 12/3

Financial leases

(of which,

securitized portion)

Loans

Installments

Operating leases

* Figures show balances with securitized portions not deducted.

5,739 5,6945,986

123

83 9384

Default rate = Default loss amount / Average balance of operating assets

Default rate(%)

(100 million yen)

4,687(244)

508

1,039

6,333

97

Performance Overview

13/3

0.37

6,978

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Total Selling, General & Administrative ExpensesTotal Selling, General & Administrative ExpensesTotal Selling, General & Administrative Expenses

5854 59 63

625760 62

4

52

56

4125

164

176

130

0

50

100

150

200

14/310/3 11/3 12/3

Allowance for bad debt

Personnel expenses

Others

(100 million yen)

62

63

Performance Overview

13/3

-10 115

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Total Procurement Amount and Financing CostTotal Procurement Amount and Financing CostTotal Procurement Amount and Financing Cost

Long

term

Short

term

56.9%

48.250.6

55.6

0

1,000

2,000

3,000

4,000

5,000

6,000

14/310/3 11/3 12/3

39

31

25

5,988

5,0914,912

5,103

[Company ratings]

S&P A

R&I A+

JCR AA-

Fixed-charge coverage ratio (%)

Financing cost

Total procurement amount

* The total procurement amount shows the balance with debts payable due to securitization not deducted.

Financing costs show expenses included in gross profit on sales.

(100 million yen)

57.9

19

5,425

Performance Overview

13/3

20

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2. Medium-term Management

Strategy

(FY2014 to FY2016)

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Medium-term Management StrategyOur GoalsOur GoalsOur Goals

Financial Service Company with Sustainable Profit GrowthFinancial Service Company with Sustainable Profit Growth1. To lead the industry in areas of office & IT-related equipment and

medical care

2. Increase the profit contribution ratio of the financial services business up to 20%

3. Take on challenges to enter into new business fields

CustomersCustomers

EmployeesEmployees

SocietySociety

ShareholdersShareholders

Continuing to establish strong, trusting relationships with

customers and business partners

Each and every employee has a passion and belief and is motivated to work, and this promotes good teamwork and leads to significant results

Contributes to local communities and society, and leads the

industry through CSR management activities

Outperform competitors and meet the expectations of

shareholders

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Medium-term Management StrategyBasic PoliciesBasic PoliciesBasic Policies

Increase prime operating assets by focusing on

profitability

Build new growth areas

Further reinforce the business structure with high levels of efficiency and

profitability

Promote CSR

management

(1) Enhance profitability and increase the transaction

volume of the lease/installment business

(2) Reduce bad debt loss

(1) Explore and develop new fields in the

lease/installment business

(2) Expand the financial services business

(1) Enhance operating efficiency

(2) Curb rises in fund procurement costs

(1) Promote environmental management

(2) Strengthen risk management activities

Develop human resources and enhance organizational

capabilities

(1) Review various personnel systems

(2) Reinforce human resources development in a

planned manner

1

2

3

4

5

Basic Policies Key Strategies

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Medium-term Management StrategyPriority MeasuresPriority MeasuresPriority Measures

Earn profits and create an “ocean” of enhanced corporate value by expanding

“products handled & areas covered,” “customers” and “new fields and businesses”

and reinforcing the management foundation

BusinessBusiness

ManageManage--

mentment

FoundFound--

ationationCSR

ES (Employee Satisfaction) > CS (Customer Satisfaction)

O C e a N Strategy

On Business Customer New Business

(Efficiency enhancement)

Efficiency

(Asset/liability management, fund procurement)

ALM

(Less accidents)

Accident-less

> >

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Medium-term Management StrategyOCeaN Strategy - BusinessOCeaN Strategy OCeaN Strategy -- BusinessBusiness

Expand customers (vendors & users)Expand customers (vendors & users)

Today

On Business

Customer

New Business

Nursing care

New servicesEnvironment

Loans

GuaranteesOthers

Vehicles & transport equipment

Construction

machinery

MedicalNursing care

Office& IT-related equipment

Expand products handled &

Expand products handled &

areas covered

areas covered

Expand new

Expand new

fields and

fields and

businesses

businesses

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Medium-term Management StrategyOCeaN Strategy - Management and FoundationOCeaN Strategy OCeaN Strategy -- Management and FoundationManagement and Foundation

Managem

ent

Managem

ent

Foundation

FoundationEfficiency

Efficiency enhancement

ALMAsset/liability management

Accident-lessLess accidents

ESEmployee Satisfaction

CSCustomer Satisfaction

CSR

・・・・ Company-level process reform

・・・・ IT infrastructure establishment

・・・・ Stable, low-interest and balanced fund procurement

・・・・ Reinforcement of re-leasing and property sales

・・・・ Curbing of rises in accident-based cancellations

・・・・ Improving efficiency of screening and receivables management operations

・・・・ Reconstruction of hiring & development mechanisms

・・・・ Reinforcement of diversity and work-life management

・・・・ Reconstruction of CS

・・・・ Promotion of environmental management

・・・・ Contributing to local communities and society

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Financial Goals & Target Management IndicatorsFinancial Goals & Target Management IndicatorsFinancial Goals & Target Management Indicators Medium-term Management Strategy

14/3 Medium-term Target (17/3)

ActualDifference

with 14/3

Average

growth rate

Revenue 2,459 2,800 +340 4.4%

Operating income 160 175 +14 2.9%

Net income 95 109 +13 4.4%

Operating income margin 6.5 6.3 -0.2 -

ROA 1.29 1.3 or more +0.01 -

ROE 7.78 7.4 or more -0.38 -

(100 million yen)

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Transaction Volume TargetsTransaction Volume TargetsTransaction Volume Targets Medium-term Management Strategy

14/3 Medium-term Target (17/3)

ActualDifference

with 14/3

Average

growth rate

Office & IT-related

equipment2,028 2,200 +171 2.7%

Medical equipment 440 500 +59 4.3%

Lease/installment business 3,209 3,660 +450 4.5%

Financial services business 248 340 +91 11.0%

Total transaction volume 3,457 4,000 +542 5.0%

Balance of operating assets 6,978 7,800 +821 3.8%

Collection agency service1,060,000

cases

1,700,000

cases

+630,000

cases16.9%

Factoring services for nursing-

care benefits198 600 +401 44.5%

(100 million yen)

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3. Financial Forecasts

(Fiscal Year Ending March 31, 2015)

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Consolidated Income ForecastConsolidated Income ForecastConsolidated Income Forecast

(100 million yen, %)

14/3 15/3

Actual Forecast YoY (%)

Revenue 2,459 2,550 3.7

Gross profit 285 294 2.8

Selling, general and

administrative expenses125 130 3.7

Operating income 160 164 2.1

(Operating income margin) 6.5 6.4 -

Income before special items 158 162 2.0

Net income 95 100 4.7

(Net profit to sales) 3.9 3.9 -

YoY (Yen)

EPS 305.94 320.34 14.40

Financial Forecasts

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Transaction Volume Plan by SegmentTransaction Volume Plan by SegmentTransaction Volume Plan by Segment

(100 million yen, %)

14/3 15/3

Actual Forecast YoY (%)

Financial lease 2,695 2,752 2.1

Operating lease 104 109 4.3

Installments 409 414 1.1

Lease/installment business 3,209 3,275 2.0

Financial services business 248 275 10.8

Total transaction volume 3,457 3,550 2.7

Financial Forecasts

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Lease/Installment Business - Transaction Volume Plan by CategoryLease/Installment Business Lease/Installment Business -- Transaction Volume Plan by CategoryTransaction Volume Plan by Category

(100 million yen, %)

14/3 15/3

Actual Forecast YoY (%)

Office and IT-related equipment 2,028 2,040 0.5

Medical equipment 440 460 4.4

Industrial machinery 169 185 8.9

Commercial and service industry

equipment252 260 2.9

Vehicles and transport

equipment126 130 2.4

Others 190 200 4.9

Total 3,209 3,275 2.0

Financial Forecasts

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Forward-looking statements including earnings forecasts contained in this document are based on certain assumptions deemed to be rational in light of the information available to the Company at the time of preparing the document, and are not intended to be guarantees of future performance. Actual results may differ significantly from plans and forecasts due to a variety of factors.

Reliability for

the FutureRicoh Leasing Company, Ltd.Ricoh Leasing Company, Ltd.

Ricoh Leasing Company, Ltd.