Tetsu Matsui

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Sumitomo Riko, Nagoya University Advance Joint Research on Heat Management for Organic Materials

Sumitomo Riko Co. Ltd. (TYO:5191) and Nagoya University recently entered into the second year of a collaborative research agreement under the Ministry of Economy, Trade and Industry (METI). Formed last April, the agreement targets joint research into heat management for organic materials. Looking to accelerate the deployment of heat management measures in materials technology, this comprehensive agreement targets four annual...

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Sumitomo Riko Targets 1 Trillion Yen in Sales for 100th Anniversary in 2029

Sumitomo Riko Co. Ltd. (TYO:5191) announced on May 24 that it is switching to a new medium-term management plan, titled 2022 Sumitomo Riko Group Vision (2022V). With recent years seeing factors such as a major transformation in the automotive industry and the rise of protectionism in Western nations, the new plan comes as a fundamental shift to the approach outlined...

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Sumitomo Riko Aims to Bolster Overseas Production of Non-Automotive Products

Sumitomo Riko Co. Ltd. (TYO:5191) is gearing up to grow its business for general industrial products in non-automotive sectors. These plans include starting overseas production of water-developable flexographic printing plates and increasing the company’s overseas production bases for anti-vibration rubber for use in railcars. Sumitomo Riko will establish a production base for water developable flexographic printing plates in Turin, Italy,...

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Sumitomo Riko President: Rapid Spread of EVs Demands a New Approach

Sumitomo Riko Co. Ltd. (TYO:5191) President Tetsu Matsui says that he feels a sense of crisis at the need for his company to adapt to the trend toward electric vehicles (EVs), which is moving faster than expected. As EVs become more prevalent, he said, there will be a reduction in use of anti-vibration rubber and hose products for internal combustion...

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Sumitomo Riko’s Matsui on Overseas Operations, Strategies for New Business

During a recent interview granted to Japan Rubber Weekly, Tetsu Matsui, president and COO of Sumitomo Riko Co. Ltd. (TYO:5191), shared his thoughts about the company’s overseas operations and strategies for getting new business, especially its plans to gain new customers by establishing and utilizing the Advanced Automotive Systems R&D Center, a new facility intended to boost profitability. Matsui said...

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Sumitomo Riko President Matsui Sees Current Business Unfolding as Planned

Tetsu Matsui, president and COO of Sumitomo Riko Co. Ltd. (TYO:5191), said in a recent interview with Japan Rubber Weekly that although net sales fell due to currency exchange losses caused by a higher yen and despite a cloudier picture that falling business confidence paints for future profits, the company’s performance has been largely as planned. Matsui said that Sumitomo...

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