From 1 August 2013, the Pentax Ricoh Imaging Company Ltd will be no more. Instead, it will be the Ricoh Imaging Company Ltd. It took a little while in coming, but a new name wasn't wholly unexpected after Hoya sold Pentax to Ricoh in 2011. The Pentax name won't be going away entirely, however; it'll remain as the brand name for dSLR and interchangeable lens cameras as well as binoculars. The Ricoh brand will apply to compact cameras and new technological innovations.
After Olympus and Fujifilm axed the lower half of the compact camera ranges earlier this year, Pentax/ Pentax Ricoh/ Ricoh is taking a slightly different tack. Rather than axing the line (something that might happen in the future), the cameras are being severed from the Pentax name. That's one way to maintain brand integrity!