Ricoh plans to establish Ricoh Thermal Media Asia Pacific Private Limited, a wholly owned subsidiary responsible for thermal media and related business on June 1, 2012. The new subsidiary will start production and sales of thermal transfer ribbons as well as the marketing of thermal paper through its own distribution network in India.
Mr Yasu Takashima, Managing Director of the Asia Pacific subsidiary said, "Demand for high quality thermal transfer ribbons and thermal paper is expected to increase significantly in the future in fields such as foods, logistics, and production management. This leads to opportunities for Ricoh to provide products tailored to specific applications."