sumitomo riko

Sumitomo Riko Donates to the Tadasunomori Foundation

Sumitomo Riko has donated 10 million yen ($67,100) to the Tadasunomori Forest Preservation Society on the grounds of the World Heritage Site Kamo Goso-jinja Shrine. The donation will be used to improve the environment of the Tadasunomori Forest, a historic site, and to preserve cultural properties and shrine buildings, including the national treasure, Kamo Goso-jinja Shrine. The Tadasunomori Forest, registered...

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Sumitomo Riko President Kazushi Shimizu Gives Outlook for Fiscal Year

Talking to Japan Rubber Weekly, Sumitomo Riko President Kazushi Shimizu said he believes that while automotive products will be firm this year, high-pressure hoses will depend on market conditions in China. In addition to doubling the number of local distributor members during the coronavirus pandemic, the major manufacturer of anti-vibration rubber for automobiles has announced a new product and expects...

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Toyota Adopts Sumitomo Riko’s Anti-Vibration Rubber for Seats in Minivan

Sumitomo Riko’s anti-vibration rubber seat rail mounts have been adopted by Toyota and Toyota Auto Body in the new Alphard and Vellfire models. Minivans use anti-vibration components to cancel out seat vibration in order to improve ride comfort, but until now they have not been able to cancel out all vibration. To solve this problem, the new Alphard has adopted...

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Sumitomo Riko to Streamline Factories at Komaki Plant

Sumitomo Riko has begun renovation of its Komaki Plant to achieve the 2029 Sumitomo Riko Group Management Vision (2029V). As the first phase of this project, a groundbreaking ceremony for a new chemical engineering plant was held on November 28. In 2021, the company has dismantled the former company housing and gymnasium in the northern part of the Komaki Plant...

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Sumitomo Riko’s Heat Shielding Film Sees Success in Malaysia

Sumitomo Riko’s heat shielding film is widely being adopted for in-vehicle use in Malaysia. The film is installed on front and front side glass and has been used in approximately 100,000 vehicles, including in police vehicles. The company plans to strengthen its sales expansion activities in Southeast Asia and India. The film was developed in collaboration with Ecotint, a Malaysian...

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Sumitomo Riko Posts Firsts Half Results, Automotive Products Business up 19%

Sumitomo Riko’s first half (April-September 2023) results (IFRS) showed net sales of 297.88 billion yen ($1.98 billion), up 16.5% year-on-year; operating income of 12.78 billion yen, compared with a loss of 894 million yen in the same period of the previous year; and net income of 5.83 billion yen, compared with a loss of 4.79 billion yen. By business segment,...

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