Ricoh Company, Ltd. (President and CEO: Akira Oyama) today announced that it has completed the transfer of the optical business of OPTOWL Co., Ltd. (President and CEO: Hiroshi Takemoto) to the newly established company managed and operated by the fund of T Capital Partners Co., Ltd. (President and CEO: Koji Sasaki). This share transfer was completed today upon all necessary procedures.
There will be no change in the company name, location and business after the transfer of shares.
OPTOWL Co., Ltd. continues to provide value to customers by leveraging its core technologies and developing, manufacturing, and selling products based on competitive optical technology.
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