A three-party agreement between Sumitomo Riko Co. Ltd. (TYO:5191), Itoshima City and Kyushu University has entered into its second term, which is set to span fiscal 2019–2021. Carried out at Itoshima City Hall, Itoshima, Fukuoka Prefecture, these joint efforts seek to build up a comprehensive regional care system while also making strides more broadly in the areas of health, medical...
Sumitomo Riko Co. Ltd. (TYO:5191) has developed new diagnostic equipment in the form of a sensor able to simultaneously monitor vitals such as heart rate and respiration. This marks the world’s first practical application of piezoelectric rubber in vital sensing equipment. As of Feb. 28, the new product has already been delivered to Japan’s Pharmaceuticals and Medical Devices Agency (PMDA)...
Sumitomo Riko Co. Ltd. (TYO:5191) recently posted record-high sales in cumulative results for the first three quarters of fiscal 2018. This comes despite profits falling under all metrics. Sales for the nine-month period came to 350.43 billion yen ($3.19 billion), up 2.8 percent year-on-year. Meanwhile, business profit – calculated by subtracting cost of sales, sales expenses and general administrative expenses...
Sumitomo Riko Co. Ltd. (TYO:5191) is keeping a close eye on trends in the automotive industry as it continues to make strides with its 2022V medium-term management plan. Japan Rubber Weekly recently sat down with company president Tetsu Matsui to hear his thoughts on these trends and their direction as the company gears up for 2019. Predicting how market trends...
Sumitomo Riko Co. Ltd. (TYO:5191) is looking to target local OEMs by establishing a Chinese headquarters for its automotive business next April. Located in Jiaxing, Zhejiang Province, the new headquarters will come as part of a broader company initiative to strengthen its business system in China – the hope here being to speed up local sales growth for auto parts....
Sumitomo Riko Co. Ltd. (TYO:5191) is looking to expand its sales of TRC Damper, a seismic control system for wooden houses. The company markets this as providing safety, security and comfort by protecting houses from the vibrations caused by earthquakes. TRC Damper incorporates Sumitomo Riko’s special viscoelastic rubber, which serves to absorb the energy of earthquakes and turn it into...
