Asaka Riken Co Ltd

TSE:5724

Asaka Riken Co., Ltd. engages in the collection and refinement of precious metals and manufacturing of industrial chemicals. The company is headquartered in Koriyama-Shi, Fukushima-Ken and currently employs 176 full-time employees. The company went IPO on 2008-11-01. The firm operates in three segments. The Precious Metal segment is engaged in the separation, recovery, restitution and sale of precious metal such as gold, silver, platinum and palladium from substrate chips, defective products and waste. Its main products and services include gold bullion, silver bullion, platinum bullion and palladium, the recovery and processing of precious metal, the cleaning and recycle of jigs and the recycle of functional components. The Environment segment is engaged in the delivery and recycle of ferric chloride waste fluid, and the recovery and sale of copper. Its main products include aqueous ferric chloride, water treatment agent, copper powder and photocatalyst, among others. The System Entrusted Development segment operates in system entrusted development business. The firm also operates transportation business.