sumitomo riko

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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Sumitomo Riko Engine Cover Adopted for Use in Toyota GR Yaris

A polyurethane-based engine cover from Sumitomo Riko Co. Ltd. (TYO:5191) has been chosen for use in the newly launched GR Yaris from Toyota Motor Corp. (TYO:7203). The GR Yaris is a compact car that takes the technologies Toyota has built up in the racing field and applies them to a mass-market offering. And to reduce the noise coming from the...

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Sumitomo Riko Starts up Production at New Indian Plant for Automotive Hoses

Sumitomo Riko Co. Ltd. (TYO:5191) recently announced that Tokai Imperial Rubber India Pvt. Ltd. (TIR), a consolidated subsidiary for the production and sale of automotive hoses, has built and launched a new Indian plant. TIR was first established in India, the world’s second largest country by population, back in 2005. Since then, the Sumitomo Riko Group has grown its Indian...

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