Exhibit 1.3

(Translation)

REGULATIONS OF THE BOARD OF DIRECTORS

(Purpose)

Article 1. These Regulations shall set forth matters concerning the role and function of the Board of Directors of the Company, the management of the meeting of the Board of Directors of the Company and matters to be resolved thereof.

(Application)

Article 2. Any matters with regards to the Board of Directors shall be governed by these Regulations in addition to the applicable laws and ordinances and the Articles of Incorporation.

(Role and Function)

Article 3. The Board of Directors of the Company shall conduct decision-making activities as to important matters set forth in the applicable laws and ordinances, the Articles of Incorporation and these Regulations relating to the Company and the Ricoh group companies, as well as supervise the management of all Ricoh group companies. The Board of Directors shall allocate management resources through deliberation and approval of management policy and the decision-making activities of other important matters. The Board of Directors shall motivate senior management by supervising and evaluating the state of execution of management policy, and by making appointment and removal decisions as well as determining the compensation levels of senior management based on the state of execution of management policy. With respect to the deliberations of the Board of Directors, the Board of Directors shall place importance on social responsibility, compliance and increasing transparency in their deliberations.

(Organization)

Article 4. The Board of Directors shall consist of all Directors.

(Attendance by Corporate Auditors)

Article 5. Corporate Auditors shall attend the meetings of the Board of Directors and, when necessary, express their opinions at the meeting.

(Types of Meetings of the Board of Directors)

Article 6. Meetings of the Board of Directors shall consist of ordinary meetings of the Board of Directors and extraordinary meetings of the Board of Directors. Ordinary meetings of the Board of Directors shall be held periodically at least once every three (3) months, and extraordinary meetings of the Board of Directors shall be held whenever necessary.

1

(Committee)

Article 7. The Company shall establish a Nomination and Compensation Committee as a committee within the Board of Directors. The composition, function, management, etc. of the Nomination and Compensation Committee shall be set forth separately.

(Chairman)

Article 8. The Chairman of the Board of Directors shall be appointed from the Directors by a resolution of the Board of Directors. If the Chairman of the Board of Directors is unable to act, another Director shall be appointed as the Chairman of the Board of Directors, in accordance with the order determined in advance by the Board of Directors.

(Person Authorized to Convene Meetings)

Article 9. A meeting of the Board of Directors shall be convened by the Chairman of the Board of Directors. In case the Chairman is unable to act, one of the other Directors shall convene the meeting of the Board of Directors in accordance with the order determined in advance by the Board of Directors. Each Director and Corporate Auditor may request convocation of a meeting of the Board of Directors by submitting a document that includes an agenda and sets forth the reason for such meeting to the person with the authority to convene such meeting. If a notice of convocation of a meeting of the Board of Directors to be held within two (2) weeks from the date of such request is not dispatched within five (5) days of such request, the Director or Corporate Auditor who requested such meeting may convene a meeting of the Board of Directors.

(Notice of Convocation)

Article 10. A notice of convocation of a meeting of the Board of Directors shall be dispatched to each Director and each Corporate Auditor at least three (3) days prior to the date set forth for such meeting; provided, however, such period may be shortened in cases when there is an urgent need for a meeting of the Board of Directors. A meeting of the Board of Directors may be held without the convocation procedure if so agreed by all of the Directors and Corporate Auditors.

(Resolution)

Article 11. Resolutions of the Board of Directors shall be adopted by the affirmative vote of a majority of the Directors present at the meeting, whereby a majority of all Directors shall constitute a quorum. A Director who has a special interest in any proposal that is deliberated by the Board of Directors shall not be entitled to vote on such matter.

(Omission of Resolution)

Article 12. The Company shall deem that a resolution of the Board of Directors has been adopted in regard to matters that are to be resolved by the Board of Directors if the requirements of Article 370 of the Corporation Law are satisfied.

2

(Attendance by Third Parties)

Article 13. The Board of Directors may request any person other than Directors and Corporate Auditors to attend a meeting of the Board of Directors and to provide reports or opinions whenever necessary.

(Matters to be Resolved)

Article 14. The following matters shall be resolved at a meeting of the Board of Directors:

1. Statutory matters

1-1 Establishment, relocation and closure of a branch and other important organizations;

1-2 Transfer and acquisition of business and disposal and acquisition of important assets;

1-3 A significant amount of borrowing, donation, capital contribution, loan, guarantee, furnishing of collateral and waiver of indebtedness;

1-4 Appointment and removal of a Representative Director, manager and other important employees;

1-5 Approval of transactions in competition with the Company by a Director, transactions between a Director and the Company, and transactions in which there is a conflict of interest between a Director and the Company;

1-6 Approval before any full-time Director of the Company assumes a senior officer or director position of any other company;

1-7 Invitation of parties to underwrite new shares;

1-8 Stock splits;

1-9 Increase of the total number of shares to be issued by the Company at the ratio in accordance with a stock split and amendments to the Articles of Incorporation pursuant to such increase;

1-10 Interim dividends;

1-11 Issuance of corporate bonds and bonds with stock purchase warrants;

1-12 Approval of the financial documents and business reports, and other annexed specifications;

1-13 Determination regarding the convocation of a meeting of the shareholders and its agenda;

3

1-14 Determination regarding matters delegated by a resolution of the meeting of the shareholders;

1-15 Acquisition of its own stock by the Company based on a resolution adopted at the meeting of the shareholders;

1-16 Acquisition of its own stock owned by a subsidiary of the Company;

1-17 Elimination of the treasury stock by the Company;

1-18 Amendments to the Articles of Incorporation as a result of a decrease in the number of shares per unit or abolishment of the unit system;

1-19 Invitation of parties to underwrite new stock purchase warrants;

1-20 Computerization of exercising voting rights at a shareholders’ meeting;

1-21 Development of a system that ensures that the performance of their duties by Directors is in compliance with the laws and ordinances and the Articles of Incorporation, and other systems as provided for by a Ministerial Ordinance of the Ministry of Justice as necessary to ensure the adequacy of the Company’s operations; and

1-22 Other matters stipulated by the applicable laws and ordinances.

2. Matters authorized by the Articles of Incorporation

2-1 Acquisition of its own stock by the Company;

2-2 Designation of an administrator of the register of shareholders and its handling office; and

2-3 Establishment, amendment or abolishment of the Share Handling Regulations.

3. Other important matters relating to the execution of business of the Company.

(Business Affairs of Company)

Article 15. Pursuant to the applicable laws and ordinances, the Articles of Incorporation and these Regulations, a Representative Director shall execute the business of the Company and act as a representative of the Company to third parties as part of his duties. In the event that there are more than one (1) Representative Directors, a Representative Director who is also the President shall be the chief executive officer of the Company.

(Matters to be reported to the Board of Directors and the Board of Corporate Auditors)

4

Article 16. The Board of Directors shall receive reports concerning the following matters:

1-1 The President shall report on the conditions of the execution of the business of the Company to the Board of Directors at least once every three (3) months. The President may cause any other person to provide a report on his/her behalf.

1-2 The Board of Directors shall receive reports on the following matters from the relevant Directors:

(i) Transactions in competition with the Company by a Director, transactions between a Director and the Company, and transactions in which there is a conflict of interest between a Director and the Company (Paragraph 1, Article 356 of the Corporation Law); and

(ii) Reports important matters.

(1) When any part-time Director of the Company assumes a senior officer or director position of another company;

(2) Other important matters.

1-3 The Board of Directors shall receive reports on the summary of the deliberations of a meeting of the Nomination and Compensation Committee and the results thereof.

2. The Board of Directors shall receive reports on matters set forth by the applicable laws and ordinances (Article 382 of the Corporation Law) from the Corporate Auditors.

(Minutes)

Article 17. The summary and results of the proceedings of a meeting of the Board of Directors and other matters set forth by the laws and ordinances shall be recorded in the minutes of the meeting of the Board of Directors, to which each Director and Corporate Auditor shall print his/her name and affix his/her seal, and which minutes shall be kept in safe-keeping by the Company, pursuant to the laws and ordinances. Such minutes shall be kept for ten (10) years at the principal office of the Company.

(Board of Directors Clerical Office)

Article 18. The Chief Secretary shall handle any administrative matters concerning the Board of Directors.

(Other Matters)

Article 19. Any matters relating to the administration of the meetings of the Board of Directors which are not provided for by the applicable laws and ordinances, the Articles of Incorporation or these Regulations shall be determined by the Chairman.

5

(Amendment to or Abolition of These Regulations)

Article 20. The amendment to or abolishment of these Regulations shall be subject to the resolution by the Board of Directors.

SUPPLEMENTARY PROVISIONS

Date of Establishment and Enactment:	October 1, 1982
Date of Enactment of Amendment:	July 1, 1977
	February 7, 1978
	September 21, 1982
	October 1, 1987
Date of Confirmation:	October 1, 1997
Date of Enactment of Amendment:	June 26, 1998
	June 29, 2000
	October 1, 2001
	May 1, 2002
	June 25, 2004
	June 28, 2005
	November 1, 2005
	May 1, 2006
	June 28, 2006
	March 13, 2008
Approved by:	The Board of Directors
Section in Charge:	Secretariat Office

6