Ricoh GR III has a
24.0MP APS-C (23.5 x 15.6 mm ) sized CMOS sensor . On the other hand, Olympus E-M1 II has a
20.0MP Four Thirds (17.4 x 13 mm ) sized CMOS sensor and features TruePic VIII processor.
Another similarity between these two cameras is that both Olympus E-M1 II and Ricoh GR III sensors lack anti-alias (Low-Pass) filters. 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 GR III and E-M1 II sensor size comparison.
As seen above, Ricoh GR III has a 1.6x Larger sensor area than Olympus E-M1 II. 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.