Sumitomo Riko Co. Ltd. (TYO:5191) held a ceremony in Thailand to mark the opening of SumiRiko Chemical and Plastic Products (Thailand) Ltd. (SRK-CP). A subsidiary of Sumitomo Riko in Rayong Province, SRK-CP manufactures and sells precision parts for office equipment. Tetsu Matsui, Sumitomo Riko president and COO, said at the ceremony, which took place in early November, that he hopes...
Sumitomo Riko Co. Ltd. has established its Global Headquarters in JP Tower Nagoya in the city of Nagoya (Aichi Prefecture, Japan). Opening in January 2016, it will provide integrated management of the group’s worldwide operations. With strengthened global head office functions now situated in a major metropolis, Sumitomo Riko aims for reformed employee awareness and the ability to procure and...
Sumitomo Riko Co. Ltd. is stepping up its global strategy in industrial hoses. The company’s high-pressure hoses performed strongly in the Japanese market up to July but have softened since September. Sales of products for custom designed vehicles and dump trucks were also strong, but the previously robust machine tool business fell on lower exports. Sales in the repair market...
