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
Sumitomo Riko Changes Names of Overseas Subsidiaries to Promote Company Brand
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...
Mizuno and Sumitomo Riko Co-Develop Advanced Table Tennis Rubber
Sports goods manufacturer Mizuno Corp. (TYO: 8022) has co-developed Q3, a new table tennis rubber, with Sumitomo Riko Co. Ltd. (TYO: 5191). The product will be sold starting Oct. 7 at Mizuno stores across Japan that handle table tennis goods. The two companies aim to sell 24,000 units globally in the first year. Q3 targets advanced players with a high speed...
Sumitomo Riko Forecasts Record High Sales of 425B Yen for Fiscal 2017
Sumitomo Riko Co. Ltd. (TYO:5191) has announced that its sales for the fiscal year ending March 2018 is expected to reach a record high of 425 billion yen ($3.9 billion), up 0.6 percent year-on-year. Additionally, the company expects that its operating profit will rise by 6.6 percent to 14.5 billion yen and that its net profit will jump by 25.1...
Sumitomo Riko Launches New, Half-Size Pressure Sensor Sheet
Sumitomo Riko Co. Ltd. (TYO:5191) on June 1 launched a new size in the company’s SR Soft Vision series of body pressure sensors. The new product is half the size of other products in the line and covers the torso from shoulders to hips. The product series uses smart rubber (SR) sensor technology developed by Sumitomo Riko to form sheet...
Sumitomo Riko Develops Low-Density EPDM Hose With New Lightweight Reinforcement Material
Sumitomo Riko Co. Ltd. (TYO:5191) recently debuted a low-density ethylene propylene diene monomer (EPDM) hose made from the company’s newly developed lightweight reinforcement material. The hose was revealed at the Automotive Engineering Exposition 2017 held at the Pacific Convention Plaza Yokohama May 24 through May 26. Developed in order to reduce automotive energy consumption, the hose is based on a...