Develop a virtuous cycle for a sustainable economy Create common value through business

Themes and Policies

Theme

Collaboration and collaboration with the community

3. Good Health and Well-Being 7. Affordable and Clean Energy 8. Decent Work and Economic Growth 9. Industry Innovation and Infrastructure 11. Sustainable Cities and Communities 17. Partnerships for the Goals
Policy The Ricoh Leasing Group provides some 6,000 vendors with sales support to aid its 400,000 customers with their business activities. In order for the Group to sustain profitable growth, we will provide new value beyond our traditional leasing business by accurately responding to changes in society, markets, and customers.
We aim to resolve social issues in each region and create a virtuous cycle for the local economy by providing fine-tuned services to customers and vendors based on our strong network of bases nationwide, from Hokkaido to Okinawa, and the economic circumstances of each region.

Addressing growing demand for LTE communication enabled PCs

Non-financial Targets of No. of “as a Service” products (including ICT devices)
Shuta Miyauchi
Shuta Miyauchi
Techno Rent Co., Ltd.
ICT Sales Division
General Manager of
Business Department 2

Techno Rent is in charge of the Group’s rental business, handling the rental of various equipment including PCs and measuring instruments. Among them, demand for PCs with LTE communication capabilities is growing. One of the reasons for this growing demand is that workers are more often carrying around PCs due to diversifying work styles, as seen in examples such as telecommuting in the post-pandemic world. Due to greater transportation, traditional PCs face increased time and effort required for tethering with a smartphone each time and the instability of the communication environment, as well as increased security risks such as data leakage, or even loss or theft of the PC itself. However, the use of LTE-enabled PCs can solve these issues.
Therefore, Techno Rent is providing rental services for LTE-enabled PCs in collaboration with partner companies. There are two main advantages to using LTE-enabled PCs. The first is greater convenience; once the PC is turned on, it has immediate network connectivity and access to a stable communication environment in any environment, such as at home, on the road, or in the office. Second is stronger security; limiting access to free Wi-Fi through mobile device management tools and other means reduces the risk of data theft and unauthorized access. Furthermore, in the unlikely event that the PC is lost or stolen, data can be erased or locked, and the computer can be found remotely, preventing information leaks.
Currently, the spread of PCs equipped with LTE communication functions in Japan lags behind that of other countries, and these are expected to see further expansion in the future. Techno Rent will contribute to business efficiency and risk reduction by proposing solutions to customers’ internal issues and problems, including business operation improvement, through measures such as popularizing LTE-enabled PCs.

Executed contract volume trend in the “as a Service” field

Status of the three priority fields

Non-financial Targets of Executed contract volume in three priority fields

In capital investment, we support growth opportunities for companies by lowering the hurdles for capital investment in the construction machinery, vehicles, agriculture, printing, and machinery sectors. Particularly in the fields of construction machinery, vehicles, and agriculture, a severe shortage of human resources has created expectations for labor savings through the use of machinery and new ways of working utilizing IT. Against this backdrop, we have positioned construction machinery, vehicles, and agriculture as priority fields, and will seek to solve social issues through partnerships with vendors, which is one of the strengths of our Group.
In the construction machinery and vehicle fields, we will work to expand transactions with manufacturers’ dealers and distributors, while at the same time promoting labor-saving measures by expanding EV and recharging facilities and supporting capital investment in ICT construction, where information and communication technologies are utilized at construction sites and other locations. In the agriculture field, in response to the demand for funds to improve productivity and increase the size of livestock farms, we provide equipment used by livestock farmers not only on a lease or installment sales basis, but also provide financing using beef cattle as collateral.

Initiatives in the construction machinery field

In the construction industry, there is a growing need for construction machinery to cope with aging infrastructure, including cases where high-performance and high-value machinery is necessary and where financing is a major barrier for SMEs. Ricoh Leasing is indirectly supporting the development of local roads, bridges, water, sewage, and other infrastructure by precisely calculating residual values based on appropriate property value evaluations and by reducing companies’ burden of introducing this machinery.
Through support for the introduction of ICT construction machinery, we will continue to help companies to improve the efficiency and safety of construction work amid increasingly serious social issues such as aging construction machinery operators and shortages of human resources.

Initiatives in the vehicle field

With revisions to work style-related laws taking effect in April 2024, labor shortages in the logistics industry have become more profound. We provide support for streamlining transportation and improving working environments by stimulating the introduction of new trucks and renewal of company fleets through alliances with truck vendors nationwide.
In future efforts, we will promote the creation of a model for sustainable logistics and economics through support for introducing vehicles with high environmental performance (hybrid/electric vehicles, etc.).

Initiatives in the agriculture field

In the agriculture field, we provide multifaceted support to farmers in cooperation with various related organizations to preserve Japan’s food culture, including the use of ABL and leasing, and combining national and local government subsidies with our financing.
The agriculture and livestock industries are facing serious challenges, such as a shortage of workers and a low self-sufficiency rate. Through the introduction of smart agriculture, we will help members of the next generation enter these industries and help producers stabilize their business, thereby contributing to the preservation of Japan’s food culture and the realization of sustainable local communities.

Executed contract volume trend in three priority fields

ESG investment program

In 2020, Ricoh Leasing established a fund of 20 billion yen to launch new businesses by investing in companies and businesses, primarily start-ups and venture capital funds, while taking ESG factors into consideration. We have invested in or otherwise funded several companies, with cumulative investments totaling 18.8 billion yen by the end of fiscal 2024. Through collaboration with portfolio companies and demonstration experiments for business creation, we will work to increase the value of these portfolio companies while simultaneously creating new value to help achieve a sustainable circulation-oriented society.

Collaboration with A.I.Viewlife Co., Ltd.

In recognition of the labor shortage, workload, and inefficiencies around nursing care operations in that industry as social issues, in December 2023 we invested in A.I.Viewlife Co., Ltd., which develops and provides the A.I.Viewlife independence-support nursing care monitoring robot. In fiscal 2024, we introduced this monitoring robot to some facilities at Group company Welfare Suzuran. In addition to enabling quicker response to sudden changes in condition, privacy-conscious monitoring promises to reassure residents and their families, as well as add value by reducing the burden of nursing care and improving service quality. Going forward, we will continue to work on solving social issues through collaboration with our portfolio companies and through demonstration experiments.

Illustration of monitoring robot system

Monitoring robot

A next-generation nursing care robot that prevents the leakage of personal information and protects privacy, aiming to support residents’ independence and to prevent them from becoming severely ill by visualizing nursing and care workplaces and by monitoring residents without restraining their movements

Expanding investment in logistics facility trust beneficiary interests

The logistics environment has recently shown signs of a rapid move toward small lots and increased frequency, with doubled logistics transactions despite decreasing cargo volume per shipment— down to about one-third over the past 30 years—and total volume of cargo decreasing by about 40%. This is due in part to the effects of just-in-time delivery by shippers and others, reductions and eliminations of inventories, and the trend toward more diverse products and smaller lots in business transactions due to increased demand for courier services. As a result, the scale of logistics facilities has been expanding and utilization rates have been on an upward trend. With the ever-increasing importance of logistics, logistics facilities face a variety of challenges, such as aging and policy arrangements mindful of the future.
In this environment, the market size of real estate securitization, including for logistics facilities, is expanding year by year. For Ricoh Leasing, investment in trust beneficiary interests in fiscal 2024 increased significantly from the previous fiscal year, with a particularly large increase in investment targeting logistics facilities. We will continue to contribute to solving issues surrounding logistics in Japan through investments in trust beneficiary interests.

Executed contract volume trend in three priority fields