DC Advisory advised Ricoh Co., Ltd. on its capital alliance with Cybozu, Inc.

Background

• Headquartered in Tokyo, Japan, Ricoh Co., Ltd. (Ricoh) is a Japanese multinational imaging and electronics company
• Founded in 1936, Ricoh operates in approximately 200 countries and regions producing high-quality office equipment, copiers and printers, optical devices and other electronic equipment
• Cybozu, Inc. (Cybozu) is a leading Japanese groupware provider offering team-driven software and work methods
• Cybozu offers a range of products including Kintone - a customizable digital workplace platform utilized by over 21,000 customers worldwide

Process

• DC Advisory (DC) was engaged by Ricoh to act as exclusive financial advisor and provide comprehensive strategic advice on its capital alliance with Cybozu

Outcome

• On 20 December 2022, Ricoh signed a capital alliance agreement with Cybozu
• The alliance will help support the future growth of both Ricoh and Cybozu as they look to further expand digital transformation in Japan and overseas
• This transaction demonstrates DC’s unique ability to provide tailored advice to world leading multinationals