Ricoh Leasing Company, Ltd. Table of Contents 1. Consolidated - PowerPoint PPT Presentation

Second Quarter of Fiscal Year Ending March 2018 (FY2017) Briefing on Financial Results October 20, 2017 Ricoh Leasing Company, Ltd.

Table of Contents 1. Consolidated Results for the Second Quarter of Fiscal Year Ending March 2018 2. Topics on Mid-Term Management Plan (FY2017 to FY2019) 3. Consolidated Income Forecast for the Fiscal Year Ending March 2018 4. Reference Materials 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. 2

1. Consolidated Results for the Second Quarter of Fiscal Year Ending March 2018 (FY2017) 3

Performance Overview  Net Sales : 151,181 million yen Expanded income for eight consecutive periods; posted another record high  Operating Profit : 8,455 million yen Progress as expected  Net Income : 5,761 million yen Progress as expected  Total Operating Assets (substantial): 830,030 million yen Posted another record high  Transaction Volume:192,736 million yen Posted another record high 4

Consolidated Results • Net Sales increased due to steady accumulation of Operating Assets. Posted another record high for the eighth consecutive period. • Operating Profit progressed as expected by absorbing factors such as the decline in return on assets and the reaction to early cancellation of a large contract in the Leases and Installment Sales Business in the previous year. (100 millions of yen) 16年9月期 17年9月期 17/9 Full-year Progress 16/9 通期予想 進捗率 実績 実績 伸率 forecast rate Actual Actual Growth Rate 1,511 売上高 1,448 4.4% 2,973 50.9% Net Sales 売上総利益 156 155 △0.9% 313 49.7% Gross Profit ( ) 70 販売管理費 68 3.1% 145 48.9% SGA Expenses 84 営業利益 88 △3.9% 168 50.3% ( ) Operating Profit （営業利益率） (Operating Profit / Net Sales) 6.1% 5.6% △0.5% 5.7% － ( ) 83 経常利益 87 △4.0% 165 50.7% ( ) Ordinary Profit 57 当期純利益 60 △4.3% 113 51.0% Net Income ( ) 前年差 Year-on-year change 35.00 １株当り配当金（円） 30.00 5.00 70.00 － Dividend per share 184.58 １株当り純利益（円） 192.93 △8.35 361.99 － Earnings per share ( ) 19.0% 配当性向 15.5% 3.4% 19.3% － Dividend Payout Ratio 1.24% ROA （総資産当期純利益率） 1.36% △0.12% 1.21% － ROA (Return on Assets Ratio) ( ) 7.3% ROE （自己資本利益率） 8.2% △0.9% 7.1% － ROE (Return on Equity Ratio) ( ) * In this document, “Profit Attributable to Owners of Parent” is presented as “Net Income.” 5 * Actual ROA and ROE represent annualized figures.

Factors Affecting Operating Profit Gross Profit calculation SGA Expenses (100 millions of yen) +0.0 +0.3 Gross Increase in (2.2) margin for Financial the Leases Income +0.5 (0.9) and Decrease in Decrease in Installment Increase in Financial revenues Sales (1.2) Allowance mainly due Expenses Business for Doubtful to early Increase in 8,800 Accounts cancellation Expenses million yen 8,455 million yen 16/9 Actual 17/9 Actual 6

Performance by Segment • In the Leases and Installment Sales Business, although sales increased due to a rise in the Operating Assets, profits declined mainly as a reaction to early cancellation of a large contract. • The Financial Services Business posted higher income on higher sales thanks to the favorable commission business, including Collection Agency Services and Factoring Services for Nursing-care Facilities.   Financial Services Business Leases and Installment Sales Business (100 millions of yen) (100 millions of yen) 70 1,800 140 21.2% 1,600 19.2% 60 18.9% 1,460 120 20% 1,402 16.9% 1,320 1,400 16.3% 1,246 50 100 1,173 1,200 40 36 80 35 1,000 32 29 27 800 30 60 10% 600 20 40 74 71 71 70 70 400 10 20 17 16 16 200 13 13 0 0% 0 0 13/9 14/9 15/9 16/9 17/9 13/9 14/9 15/9 16/9 17/9 Net sales Segment income (right bar) Net sales Segment income (right bar) Segment profit (right bar ) % of operating profit % of operating income Segment profit (right bar ) * % of operating profit = Financial Services Business segment profit / Operating profit 7

Leases and Installment Sales Business: Transaction Volume by Contract/Product • Transaction Volume for the core Office and IT-Related Equipment field posted a positive year-on-year growth rate on a second-quarter basis for the first time in four periods. • Transaction Volume of Environment-Related Equipment primarily for solar power generation facilities increased significantly and drove the overall performance.  Transaction Volume by Contract (100 millions of yen) 17年9月期 16年9月期 16/9 17/9 通期予想 進捗率 Full-year Progress Actual 実績 実績 伸率 forecast rate Actual Growth Rate ファイナンス・リース 1,304 1,336 2.4% 2,600 51.4% Finance Leases オペレーティング・リース 53 72 33.7% 130 55.5% Operating Leases 割賦 293 409 39.5% 650 63.0% Installment Sales リース・割賦事業 合計 1,652 1,818 10.0% 3,380 53.8% Total  Transaction Volume by Product リース事業協会 17年9月期 16年9月期 Japan Leasing 17/9 16/9 Full-year Progress (4月-8月累計） 通期予想 進捗率 Association (Cumulative total from Actual 実績 実績 伸率 forecast rate 伸率 April to August) Actual Growth Rate Growth Rate 事務用・情報関連機器 894 945 5.8% 1,805 52.4% 0.3% Office and IT-Related Equipment 医療機器 216 190 △12.2% 420 45.3% △1.5% Medical Equipment ( ) ( - ) 産業工作機械 161 246 52.7% 340 72.5% △12.2% Industrial Machinery - ( ) 商業・サービス業用機器 147 154 5.2% 320 48.3% △5.7% Commercial and Service Equipment ( - ) 車両・輸送用機器 80 81 2.0% 170 48.0% 0.9% Transport Equipment その他 153 199 30.4% 325 61.4% △22.1% Others ( - ) リース・割賦事業 合計 1,652 1,818 10.0% 3,380 53.8% △5.9% - Total ( ) * Transaction Volumes are presented on an inspection basis. 8

Financial Services Business: Number of Transactions / Transaction Volume  Cumulative number of transactions in  Transaction Volume of Factoring Services for Collection Agency Services Nursing-Care Facilities (100 millions of yen) (10,000 cases) 1200 69 70 1,755 59 1000 1,607 49 1,392 800 50 1,153 897 32 606 822 600 735 471 30 20 601 314 400 326 254 198 10 886 857 176 785 200 656 353 551 114 291 217 149 83 0 -10 14/3 15/3 16/3 17/3 17/9 14/3 15/3 16/3 17/3 17/9 First half Second half First half Second half Balance  Loan Transaction Volume (100 millions of yen) [Commission Business] 600 1,400 1,237 1,216 • In Collection Agency Services, web marketing efforts were 1,106 1,200 1,052 500 successful. The number of new customers grew steadily and 993 1,000 the number of transactions increased 3.4% year on year. 400 327 • In Factoring Services for Nursing-Care Factoring, 800 264 300 259 Transaction Volume jumped 21.2% year on year as a result 248 600 154 of capturing new customers and increasing the use of 200 124 142 138 400 services by existing customers. 100 200 172 [Loans] 139 109 117 109 • Transaction Volume fell 36.8% as a reaction to large 0 0 14/3 15/3 16/3 17/3 17/9 corporate Loan contract that was in the previous year. First half Second half Balance 9

Operating Assets and Changes in Default Rate • The Operating Assets increased 21,300 million yen from the end of the previous fiscal year and posted another record high as a result of steadily capturing contracts in the Leases and Installment Sales Business. • Default Rate declined due to a higher Operating Assets although bad debt slightly increased year on year. (100 millions of yen) 0.25% 0.19% 0.18% 0.18% 0.16% 0.00% 8,300 8,086 7,773 7,354 1,321 1,292 6,978 -0.50% Loans 1,231 (Financial 1,142 services/Other) 1,099 1,060 958 837 725 222 Installment sales 208 187 612 -1.00% 158 123 Operating lease -1.50% 5,695 5,627 Lease 5,517 5,327 5,142 -2.00% Default rate -2.50% 14/3 15/3 16/3 17/3 17/9 * Default Rate = Default Loss Amount / Average Operating Assets *Operating Assets shown includes securitized portions of lease receivables. 10