Riken Technos

Basic Information

Stock Code
4220
Industry
Chemicals
Category Detail
Chemicals & Chemical Products
Prefecture
Tokyo
Establishment Year
March 1951
Listing Year
October 1961
Official Website
https://www.rikentechnos.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
Kuraray, Sumitomo Seika, Denka, Hodogaya Chemical Industry, Nippon Shokubai, Kaneka, Daicel, Gun-ei Chemical Industry, Arakawa Chemical Industry, Max, Barker, Kimura Unitech

Overview

Riken Technos is a chemical manufacturer founded in 1951, and as Japan's top company in the PVC compound sector, it excels in film operations and packaging materials.

Current Situation

Riken Technos boasts consolidated sales of approximately ¥91.9 billion (FY2015), with PVC compounds, calendered films, and food packaging materials as its main pillars. It stably supplies high-quality products through multiple factories and domestic and international R&D centers, and is listed on the Tokyo Stock Exchange Prime Market. Major shareholders include Shin-Etsu Chemical and Mizuho Bank, providing a solid financial foundation. While it faces numerous competitors such as Kuraray, Daicel, and Kaneka, its strengths in PVC compounds stand out. Recently, it strengthened its business base by absorbing and merging Riken Fabro, and is focusing on developing environmentally friendly products and high-performance materials. Moving forward, it aims for growth in a wide range of markets, including food packaging applications, by promoting sustainability and overseas expansion. It seeks to stabilize operations and expand market share based on technological innovation and a diverse product lineup.

Trivia

Interesting Facts

  • Established in 1951 as Riken Vinyl Industry Co., Ltd.
  • Holds the top domestic share in vinyl chloride compounds
  • Has four major factories and two R&D bases in Japan
  • Expanded business scale through absorption and merger of Riken Fabro
  • Major shareholders include Shin-Etsu Chemical Industry and major banks
  • Possesses technology for improving long-term storage in food packaging films
  • Widely manufactures special industrial resin materials
  • Actively developing environmentally friendly biodegradable compounds
  • Occupies one of the top two positions in the food wrap market
  • Actively expanding into emerging markets to increase overseas sales ratio
  • Pharmaceutical packaging materials have extremely strict quality control and are highly evaluated in the industry
  • Holds numerous proprietary patents in multi-layer film technology
  • Offers diverse product lineup from industrial materials to daily goods
  • Over 20 years of track record in developing insulation films for electronic boards
  • Invests more than about 5% of annual sales in R&D

Hidden Connections

  • Strengthened product development through capital and technical alliance with Shin-Etsu Chemical Industry
  • Three major banks as major shareholders contribute to management stability
  • Maintains advanced technological capabilities through ties with RIKEN group
  • Long-term trading record with major domestic food manufacturers in food packaging material production
  • Has multiple manufacturing and sales bases in Southeast Asia, closely attuned to local markets
  • Collaborates with multiple domestic suppliers for industrial materials for automotive and home appliances
  • Boasts top-class domestic share in pharmaceutical packaging materials, with reputation for safety
  • Actively participates in local environmental conservation activities in collaboration with environmental organizations

Future Outlook

Growth Drivers

  • Expansion of demand for environmentally friendly products
  • Increasing needs for higher functionality in food packaging materials
  • Strengthening PVC compound production domestically and internationally
  • Market growth in high-performance electronic materials
  • Expansion of diversifying agricultural materials market
  • Increasing packaging needs in pharmaceutical industry
  • Acceleration of business expansion in emerging countries
  • Promotion of recycled and regenerated materials
  • New material development through technological innovation
  • Promotion of energy-saving and low-carbon technologies
  • Increased demand due to stricter sustainability regulations
  • Strengthening response to diverse industrial customer needs

Strategic Goals

  • Achieve 50% sales ratio of low environmental impact products
  • Expand overseas sales ratio to over 30%
  • Introduce renewable energy in all manufacturing factories
  • Double sales in high-function electronic materials business
  • Maintain domestic top position in pharmaceutical packaging materials market
  • Double the number of patents in new material development from current
  • Achieve over 90% product recycling rate
  • Improve productivity by 20% through digitalization
  • Build symbiotic model with local communities
  • Improve employee satisfaction and promote diversity

Business Segments

PVC Compound Manufacturing

Overview
Manufactures and provides PVC compounds for diverse applications with high quality and mass production capabilities.
Competitiveness
Product development capabilities to meet diverse industrial needs
Customers
  • Automotive manufacturers
  • Building materials manufacturers
  • Electronics manufacturers
  • Packaging materials manufacturers
  • Food processors
  • Industrial machinery manufacturers
  • Chemical trading companies
  • Exporters
  • Housing construction companies
  • Civil engineering companies
  • Infrastructure companies
  • Processors
Products
  • PVC compound materials
  • High heat-resistant compounds
  • Barrier compounds
  • Industrial special compounds
  • Eco-friendly compounds
  • Chemical-resistant materials
  • Electrical insulation compounds
  • Weather-resistant resin materials
  • Thin film materials
  • Insect-proof packaging materials
  • Pharmaceutical packaging materials
  • Thermoforming materials
  • Extrusion film materials
  • Molding additives
  • Composite material parts

Resin Film Manufacturing

Overview
Manufactures high-performance resin films tailored to various industrial uses and stably supplies them to multiple industries.
Competitiveness
High-precision film forming technology and multi-layer structure development capabilities
Customers
  • Food packaging manufacturers
  • Home appliance manufacturers
  • Pharmaceutical packaging companies
  • Automotive parts manufacturers
  • Logistics companies
  • Retail chains
  • Printing companies
  • Packaging materials trading companies
  • Paper manufacturers
  • Cosmetics manufacturers
  • Environmental parts manufacturers
  • Hygiene product manufacturers
  • Telecommunications equipment manufacturers
  • Beverage manufacturers
  • Agricultural materials manufacturers
Products
  • PVC films
  • Styrene films
  • Multi-function packaging films
  • Pharmaceutical sheets
  • Food preservation films
  • Heat-resistant sheets
  • Moisture-proof films
  • Heat-shielding films
  • Antibacterial sheets
  • Transparent films
  • Special coating films
  • Liquid filling films
  • Print-compatible films
  • Abrasion-resistant sheets
  • Flexible packaging materials

Food Packaging Manufacturing

Overview
Provides packaging materials that enhance food freshness and safety, mainly to the food industry.
Competitiveness
Development of packaging materials balancing high barrier properties and processability
Customers
  • Food processors
  • Food distributors
  • Retailers
  • Food service businesses
  • Confectionery manufacturers
  • Noodle manufacturers
  • Agricultural product processors
  • Frozen food manufacturers
  • Packaging materials trading companies
  • Agricultural cooperatives
  • Mail-order businesses
  • Restaurant chains
  • Processed food manufacturers
  • Liquor manufacturers
  • Commercial food distribution
Products
  • Food wraps
  • Barrier packaging materials
  • Frozen food packaging sheets
  • Vacuum packaging films
  • Microwave-safe packaging
  • Antibacterial packaging materials
  • Industrial food packaging
  • Deoxidizing packaging materials
  • Films for food cardboard
  • Paper coating films
  • Roll packaging materials
  • Environmentally friendly packaging materials
  • Packaging sealants
  • Blister pack materials
  • Flexible packaging

Industrial Materials Supply

Overview
Widely supplies functional materials specialized for industrial uses across multiple industries.
Competitiveness
Custom development capabilities for high-performance materials
Customers
  • Automotive parts manufacturers
  • Housing materials manufacturers
  • Electronic parts manufacturers
  • Machinery manufacturers
  • Construction companies
  • Transportation equipment manufacturers
  • Chemical manufacturers
  • Trading companies
  • Logistics companies
  • Medical equipment manufacturers
  • Electrical equipment manufacturers
  • Environmental equipment manufacturers
Products
  • Heat-resistant resin materials
  • Moisture-proof and heat-shielding films
  • Electrical insulation materials
  • Industrial compounds
  • Adhesives and coating materials
  • Special films for printing
  • Simple packaging materials
  • Chemical-resistant materials
  • Functional sheets
  • Civil engineering and construction sheets
  • Abrasion-resistant materials
  • Acoustic soundproof panels
  • High-durability composites

Agricultural Related Materials

Overview
Provides various materials contributing to productivity improvement and environmental conservation in agricultural fields.
Competitiveness
Weather resistance improvement through years of material technology
Customers
  • Agricultural corporations
  • JA (Agricultural Cooperatives)
  • Horticultural businesses
  • Agricultural machinery manufacturers
  • Environmental conservation groups
  • Agricultural materials trading companies
  • Food processors
  • Agricultural materials stores
  • Local governments
  • Small and medium farmers
Products
  • Mulch films
  • Insect-proof nets
  • Insulation sheets
  • Weed-proof sheets
  • Soil improvement materials
  • Water-retention films
  • Agricultural packaging materials
  • Agricultural moisture-proof materials
  • Growth promotion films
  • Productivity improvement materials

Pharmaceutical Related Packaging Materials

Overview
Provides high-function packaging materials to ensure pharmaceutical quality and safety.
Competitiveness
Strict quality control and high-function material development
Customers
  • Pharmaceutical manufacturers
  • Medical equipment manufacturers
  • Pharmaceutical trading companies
  • Medical institutions
  • Testing organizations
  • Logistics companies
  • Hospitals
  • Drugstores
  • Medical consumables manufacturers
Products
  • Barrier films
  • Antibacterial packaging materials
  • Vacuum packaging materials
  • Safety sealing films
  • Multi-layer film packaging
  • Pharmaceutical sealants
  • Special seal materials
  • Inspection packaging
  • Desiccant sheets

Materials for Electronic Devices

Overview
Contributes to improving reliability in the electronic device field with innovative electronic materials.
Competitiveness
High functionalization through nano technology applications
Customers
  • Semiconductor manufacturers
  • Electronic device manufacturers
  • Telecommunications equipment manufacturers
  • Board manufacturers
  • Electronic parts trading companies
  • Research institutions
Products
  • High-insulation films
  • Conductive resins
  • Heat-resistant materials
  • Electronic adhesives
  • Nano composite materials
  • Printed circuit board materials

Environmentally Friendly Material Development

Overview
Promotes environmentally friendly material development to meet market demands.
Competitiveness
Proprietary biodegradable materials
Customers
  • Environmental companies
  • Packaging materials manufacturers
  • Food manufacturers
  • Trading companies
Products
  • Biodegradable compounds
  • Recycled resins
  • Environmentally friendly films
  • Resource-saving packaging materials

Logistics and Transportation Packaging Materials

Overview
Provides packing materials supporting safety and efficiency in logistics.
Competitiveness
Reliability from years of packaging track record
Customers
  • Logistics companies
  • Manufacturers
  • Retailers
  • Importers and exporters
Products
  • Impact-resistant compounds
  • Packing films
  • Cushioning packaging materials
  • Stretch films

Construction and Housing Materials

Overview
Realizes improved housing quality with high-performance materials.
Competitiveness
Excellent insulation and soundproofing technology
Customers
  • Construction companies
  • Housing manufacturers
  • Renovation companies
  • Real estate companies
Products
  • Moisture-proof films
  • Insulation sheets
  • Soundproof panels
  • Heat-shielding films

Other Industrial Materials

Overview
Provides custom materials to various industries.
Competitiveness
Flexible product development response
Customers
  • Ceramics manufacturers
  • Cosmetics manufacturers
  • Industrial design companies
Products
  • Special compounds
  • Composite materials
  • Finishing materials

OEM and Contract Manufacturing

Overview
Offers contract manufacturing services tailored to customer needs.
Competitiveness
High technology and flexible responsiveness
Customers
  • Small and medium chemical manufacturers
  • Venture companies
  • Overseas customers
Products
  • Resin processing contracts
  • Custom compound manufacturing
  • Packaging materials contract production

Competitive Advantage

Strengths

  • Domestic top share in vinyl chloride compounds
  • High product development and technological capabilities
  • Wide and diverse product lineup
  • Material development considering sustainability
  • Stable financial base
  • Multi-site production and research system
  • High trust from trading partners
  • Excellent packaging material technology
  • Customer network spanning Japan and overseas
  • Long-term trading relationships and brand power
  • Appropriate quality management system
  • Flexibility in responding to environmental regulations
  • Customization and OEM capabilities
  • 対応 to broad industrial customer base
  • High functionality of pharmaceutical packaging materials

Competitive Advantages

  • Overwhelming technological superiority in PVC compounds
  • Expertise and equipment in multi-layer film manufacturing
  • Strong market position in food packaging
  • First-mover advantage in environmentally friendly product development
  • Broad product range responding to diverse industrial uses
  • Balance of high quality and cost competitiveness
  • Flexible product proposal capabilities tailored to customer needs
  • Rich factory network and stable supply system
  • Efficient sales channel construction domestically and internationally
  • Sustainable innovation through R&D investment
  • Product portfolio covering multiple fields
  • Technological superiority in high-barrier packaging materials
  • High quality management and trust gained in pharmaceuticals
  • Expansion of proprietary functional resins development
  • Expansion of types of products compliant with environmental regulations

Threats

  • Risk of raw material price fluctuations
  • Low-price offensives from overseas competitors
  • Cost increases due to stricter environmental regulations
  • Possibility of demand decline due to economic fluctuations
  • Emergence of product substitute technologies
  • Profit pressure from exchange rate fluctuations
  • Intensified market competition from new entrants
  • Burden of addressing aging manufacturing equipment
  • Rising transportation costs
  • Impact on overseas operations from geopolitical risks
  • Technology leakage and intellectual property risks
  • Demand fluctuations due to changes in consumer preferences

Innovations

2022: Absorption and merger of Riken Fabro Co., Ltd.

Overview
Strengthening and reorganization of packaging materials-related business to enhance overall capabilities.
Impact
Strengthened business foundation and expanded product lineup.

2023: Development of high-barrier food packaging film

Overview
New film with significantly improved oxygen and moisture barrier properties.
Impact
Extended food freshness preservation period, improving customer satisfaction.

2024: Commercialization of environmentally friendly biodegradable compounds

Overview
Promoting development of biodegradable materials and mass production system.
Impact
New entry into sustainable market and sales expansion.

2023: Improvement of high heat-resistant industrial resin manufacturing technology

Overview
Development of new materials balancing heat and chemical resistance.
Impact
Contributes to expanded demand for automotive and electrical equipment.

2021: Introduction of multi-layer film manufacturing equipment

Overview
Achieved improvements in quality and production capacity of multi-layer structure films.
Impact
Contributes to new application development and competitiveness enhancement.

2022: Development of antibacterial technology for food packaging

Overview
Developed manufacturing technology for safe packaging materials with antibacterial performance.
Impact
Successful differentiation in food packaging market emphasizing hygiene.

2024: Introduction of energy-saving film manufacturing process

Overview
Introduced equipment that significantly reduces energy consumption during manufacturing.
Impact
Succeeded in reducing CO2 emissions and manufacturing costs.

2023: Practical application of high-insulation resin for electronic materials

Overview
Developed new product with 20% improved insulation performance compared to conventional.
Impact
Gained high evaluation from electronic device manufacturers.

2020: Establishment of packaging material recycling technology

Overview
Developed efficient recycling technology for used packaging materials.
Impact
Reduced environmental impact and improved corporate ESG evaluation.

2021: Expansion of multi-function antibacterial film manufacturing

Overview
Expanded sales of packaging films with antibacterial and antiviral functions.
Impact
Responded to increased demand in medical and food markets.

Sustainability

  • Expansion of biodegradable compound products
  • Promotion of CO2 reduction activities in manufacturing processes
  • Improvement of recycled plastic recycling rate
  • Strengthening product design aimed at reducing environmental impact
  • Introduction of energy-efficient production equipment
  • Establishment of sustainable raw material procurement standards
  • Proactive response to environmental laws and regulations
  • Introduction of environmental education programs for employees
  • Continuous participation in local environmental beautification activities
  • Promotion of environmental collaboration with partner companies
  • Resource savings through lightweighting of packaging materials
  • Improvement of environmental performance across the supply chain