sumitomo riko

Sumitomo Riko Sees Sales and Profits Rise for Q1

Sumitomo Riko Co. Ltd. (TYO:5191) has posted its business results for the first quarter of fiscal 2021. The company’s sales revenue came to 109.79 billion yen ($1 billion), up 67.9 percent year-on-year; business profit came to 2.71 billion yen, up from an 8.04 billion yen loss; and net profit came to 1.73 billion yen, up from a 7.38 billion yen...

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Sumitomo Riko Launches New Series of Bedsore Prevention Mattresses for Nursing Sector

Sumitomo Riko Co. Ltd. (TYO:5191) has launched sales of the SR Active Mattress Taiatsu Bunsan Friend, coming as a new series in its mattress lineup to help prevent bed-ridden patients from developing bedsores. By making use of the company’s proprietary Smart Rubber (SR) sensor technology, mattresses under the new series are able to measure the patient’s body pressure and detect...

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Sumitomo Riko’s Thermal Insulation Films Fitted to Freezer Boxes for Vaccine Transportation

Sumitomo Riko Co. Ltd. (TYO:5191) has seen its Finesulight series of thin films with high thermal insulation functionality get picked up for use in the BioBox Freezer, a dry ice-compatible, ultrahigh-performance thermal insulation box offered by Sugiyama-Gen Co. Ltd. Allowing for storage at below minus 70 degrees Celsius without the need for electricity, this freezer box is expected to find...

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Sumitomo Riko Sees Profits Decline for FY2020 Despite Strong Performance From High-Pressure Hoses

Sumitomo Riko Co. Ltd. (TYO:5191) recently posted its business results for fiscal 2020. The company revealed 397.94 billion yen ($3.66 billion) in sales revenue, down 10.6 percent year-on-year; 7.86 billion yen in business profit, down 30.6 percent; and a net loss of 4.96 billion yen, down from a net profit of 881 million yen in fiscal 2019. While sales for...

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Sumitomo Riko Creates Prototype of Seat-Fitted Driver Monitoring System

Sumitomo Riko Co. Ltd. (TYO:5191) has been working in recent years to develop a driver monitoring system. And now the company has created a prototype that can be fitted to seats. Able to be fitted to all kinds of vehicles, this prototype driver monitoring system serves to acquire information regarding the driver’s vitals – such as heartbeat and breathing –...

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Sumitomo Riko Sees 28.6% Drop in Sales Revenue from Automotive Products

Sumitomo Riko Co. Ltd. (TYO:5191) recently released its financial results for the first half of fiscal 2020, revealing a decrease in both revenues and profits. On the whole, the company’s first-half results included sales revenue of 167.23 billion yen, down 27.1 percent year-on-year; a business loss of 7.54 billion yen, down from an business profit of 5.23 billion yen; and...

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