Both Panasonic GX850 and Ricoh WG-70 have 16.0 MP resolution sensors but Panasonic GX850's sensor is Four Thirds (17.3 x 13 mm ) and Ricoh WG-70's sensor is (1/2. ).
Since Panasonic GX850's has a larger sensor area with the same resolution, this means that it also has a larger pixel area hence better light collecting capacity for a given aperture compared to Ricoh WG-70.
Another difference between these two cameras is that Panasonic GX850's sensor lacks anti-alias (Low-Pass) filter. Removing anti-alias filter increases the sharpness and level of detail but at the same time, it increases the chance of moiré occurring in certain scenes.
Below you can see the GX850 and WG-70 sensor size comparison.
As seen above, Panasonic GX850 has a infx Larger sensor area than Ricoh WG-70. Larger sensors give photographer more control on the depth of field and blurry background compared to smaller sensor when shot in same focal length and aperture.