The robotics industry is booming as manufacturers cut personnel costs and supplement scarce human resources through production line automation and workforce reduction. According to statistics reported by the Japan Robot Association (JARA), 55,998 robotic devices were produced during the July-September quarter, up 44.9 percent from the same quarter of the previous year. Shipment value amounted to 195.95 billion yen ($1.73...
sumitomo riko
Sumitomo Riko Subsidiary to Exhibit Industrial Hoses at Indian Trade Fair
Sumitomo Riko Co. Ltd. (TYO:5191) subsidiary Tokai Imperial Hydraulics India Pvt. Ltd. (TIH) is set to take part in Excon 2017, also known as the International Construction Equipment and Construction Technology Trade Fair. The Indian-based manufacturer and seller of industrial hoses will be exhibiting its key products at the trade fair, which starts in Bangalore on Dec. 12. The firm...
Sumitomo Riko Recognizes Outstanding Chinese Distributors at Kyoshokai Event
Sumitomo Riko Co. Ltd. (TYO:5191) held its second “Kyoshokai” event on Nov. 1 at the company’s branch in Ayabe, Kyoto. The company used the event to outline business objectives and recognize the efforts of outstanding Chinese distributors. Established in 2016, Kyoshokai is a distributors conference for Sumiriko Industrial Products (Shanghai) Co. Ltd., a Shanghai-based industrial hose sales subsidiary of Sumitomo...
Sumitomo Riko President: Rapid Spread of EVs Demands a New Approach
Sumitomo Riko Co. Ltd. (TYO:5191) President Tetsu Matsui says that he feels a sense of crisis at the need for his company to adapt to the trend toward electric vehicles (EVs), which is moving faster than expected. As EVs become more prevalent, he said, there will be a reduction in use of anti-vibration rubber and hose products for internal combustion...
Sumitomo Riko Showcases Anti-Vibration Rubber Products at APTA Expo 2017
Sumitomo Riko Co. Ltd. (TYO:5191) is exhibiting for the first time at the American Public Transportation Association (APTA) Expo 2017 taking place in Atlanta, Georgia from Oct. 9–11. The company has introduced its anti-vibration rubber products for railcars at the expo, eyeing a full-scale expansion into the North American market. Anti-vibration rubber products for railcars are installed in the truck...
Sumitomo Riko to Offer Seminar on Seismic Damper System for Wooden Houses
Sumitomo Riko Co. Ltd. (TYO:5191) will host seminars on building earthquake-proof homes for construction companies in the two major cities of Osaka and Tokyo by the end of this year. The seminar will look at the structure of the Total Response Control (TRC) Damper, Sumitomo Riko’s seismic damper system for wooden houses, and offer analyses of results from full-scale experiments....