In the familiar compact housing, the main components have been completely renewed. This includes a new sensor, a newly calculated lens, and a new processor to handle the larger amounts of data.

The new 24 MP APS-C CMOS sensor is the standout feature. It is mounted on a movable base, providing the foundation for a 3-axis image stabilization system, which is also essential for the new sensor cleaning function, Dust Removal II. These innovations achieve a new level of quality in both image and operation.

Additionally, the Ricoh GR III offers proven features. Specifically, the film simulation presets, which allow for the use of various filters during shooting, provide many creative possibilities for photographers. In total, 12 film simulation presets are available, including Black and White, Monochrome (in various effects), Positive Film, Portrait, Vivid, and Bright, with 2 of them being customizable.

Moreover, more than 12 image options, such as film grain or various contrast settings, are offered. The reliable macro mode, now with a minimum focusing distance of 6 mm, as well as digital focal lengths of 35 mm or 50 mm, significantly expand the capabilities of this compact reportage camera. The new Ricoh GR III will also have accessories available, such as an external viewfinder or filter adapter with a lens hood.