
Sumitomo Riko Company Limited, founded in 1953 and headquartered in Nagoya, Japan, is a prominent manufacturer specializing in rubber and plastics products, primarily serving the automotive and industrial sectors. The company is renowned for its innovative solutions, including vibration control systems, automotive seat cushions, and various sealing materials that enhance vehicle performance and safety.
Bond Name | Country | Maturity | Coupon(%) | |
---|---|---|---|---|
TOKRUB 0.46% 2027-09-21 JPYSumitomo Riko Company Limited | Japan | 2027-09-21 | 0.455 | 1.24 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Sumitomo Riko has actively engaged in the bond market, starting its bond issuances in the early 2000s to finance expansion and operational needs. Notably, the company issued a series of corporate bonds in 2018 to support its strategic growth initiatives, which attracted significant investor interest due to their competitive yields compared to industry standards. As of 2023, its bonds offer attractive yields, reflecting its solid financial standing and strategic positioning within the industry, marking it as a notable player among Japanese corporates in the fixed income market.