Riken Technos Corp.
Overview
RIKEN TECHNOS CORPORATION, (TYO:4220) formerly known as a RIKEN VINYL INDUSTRY CO., LTD., was established in 1951 as a start-up venture originating from RIKEN (Rikagaku Kenkyusho,) basing the business on blending technologies with the new industrial material, PVC (Polyvinyl Chloride.)1
Business Field
RIKEN TECHNOS CORPORATION operates business in Japan and internationally based on comprehensive plastics processing technology, which has been developed since the beginning with three core business: Compound, Film, and Food Wrapping Film.2
Compound Business
Compounds consist of mixtures of base resin and several different additives that produce new properties. Such compounds are mainly used in extrusion and injection molding. RIKEN TECHNOS CORPORATION produces various types of compounds, such as general-purpose compounds (e.g., polyvinyl chloride resin), thermoplastic elastomers with rubber-like properties, and high-function compounds represented by engineering plastics that have various properties, Such as flameresistance, electro-conductivity, or low-friction siding, as well as biomass compounds—which are gathering attention as environmentally friendly materials. These compounds can be used in various fields such as automobiles, industrial components, home appliances, toys, medical supplies, building materials, and construction materials, as well as in IT industries, which are showing impressive progress. These compounds are ideally suited to a growing number of sophisticated and diversified consumer needs.
Major Products
Flexible PVC Compounds
Rigid PVC Compounds
Thermoplastic Elastomer Compounds
Electro-conductive and Anti-static Compounds
Biomass Plastic Compounds
General Purpose Plastic Compounds, etc.
Film Business
For many years, its films have received high product quality ratings thanks to their excellent thickness accuracy, sophisticated design, and easy processability, all resulting from its efforts to produce highly functional and high-quality products. Riken Technos Corp. has incorporated state-of-the-art equipment for use at every phase of calendar (rolling) _Im forming, extrusion _Im forming, laminating, and coating with various types of films in order to guarantee their high product functionality. When it comes to the coating processes for window films—including heat shielding and UV protection films—and electronic materials that need to be processed under clean environments, Riken Technos Corp. has incorporated equipment suitable for highly precise film coating processes; this type of precision is necessary in the manufacturing of materials used in electronics such as optical films for LEDs and touch panels that require high cleanliness. Riken Technos Corp. has also focused on the protection of the environment including recycling to meet current needs. The company developed environment-friendly films such as olefinic films and the polyester type films RIVESTAR® ahead of its competitors. These films are widely used and gathering attention from many industries.
Major Products
Building and Decorative Films
Commercial and advertisement films
Steel Plate Films
Films for Electrical Materials
Window Film
Film for Optics and semiconductors
Car Film
Film for medical supplies
Film for Agriculture, etc.
Food Wrapping Film Business
RIKEN FABRO, which was established by consolidating the RIKEN TECHNOS's food wrapping film business with Mitsui Chemicals Fabro, is a pioneer when it comes to food wraps made from polyvinyl chloride resin. This is a high-quality wrap with excellent transparency and elasticity. At the RIKEN TECHNOs group, the company don't limit itself to PVC resin, but also manufacture other wrap products from different kinds of materials, such as environmentally friendly polyolefin resin wraps and wraps with high heat resistance, to suit various customer needs. For both consumer and commercial uses, Riken Technos Corp. is continually working to improve quality and functionality, and devote itself to the development and manufacture of better products. The company continue to deliver wraps which maintain the freshness of foods, and customers can be confident in its products' safety. By consolidating RIKEN TECHNOS' food wrapping film business within this company, RIKEN FABRO has flagship PVC wrap brands, RIKEN WRAP® and HI-WRAP®, and aims to contribute to society as a leading company in the marketplace. brands, RIKEN WRAP® and HI-WRAP®, and aims to contribute to society as a leading company in the marketplace.
Major Products
RIKEN WRAP®
Hi-WRAP®
Blue Wrap OCEAN
Riken’s FORWRAP®
RIKEN BIG WRAP®
TSUTSUMU heat-resistant cooking sheet
Versatile Plastic Bags
Cooking Paper
Cooking Gloves, etc.
Financial highlight
For the nine months ended 31 December 2019, RIKEN TECHNOS CORPORATION revenues increased 3% to Y74.13B. Net income applicable to common stockholders decreased 6% to Y2.23B. Revenues reflect Transportation (TR) segment increase from Y7.39B to Y22.37B, Building & Construction (BC) segment increase from Y4.94B to Y17.7B, Daily life & Healthcare (DH) segment increase from Y5.91B to Y17.91B.