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 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 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 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....
Japan Rubber Weekly recently conducted a study of the top 100 companies in Japan’s rubber industry, analyzing their business performance for fiscal 2016. Of these 100 companies, 48 posted a year-on-year revenue increase. Seven companies managed a double-digit increase to revenue, including NOK Elastomers Processing Co. Ltd., which ranked 42nd out of the 100 companies with an 11.9 percent increase,...
Sumitomo Riko Co. Ltd. (TYO:5191) has mostly completed changing the names of the group companies it acquired in 2013 – German-based automotive anti-vibration rubber products manufacturer Anvis Group GmbH, now SumiRiko AVS Holding Germany GmbH, and Italian-based automotive hose manufacturer Dytech-Dynamic Fluid Technologies SpA, now SumiRiko Italy SpA. Sumitomo Riko began carrying out the name changes, which are included in...
