Asaka Riken Co Cash Conversion Cycle

What does Asaka Riken Co do? Asaka Riken Co Ltd, listed on the Tokyo Stock Exchange under ticker 5724.T, is a Japanese company headquartered in Koriyama-shi, Fukushima Prefecture. Founded through an IPO on November 1, 2008, the company employs 182 people. It operates within the Industrials sector, specifically in the Commercial Services & Supplies industry. The company’s primary activities include the collection and refinement of precious metals, as well as the manufacture of industrial chemicals. Its operations are structured into three main segments. The Precious Metal segment focuses on the separation, recovery, restitution, and sale of precious metals such as gold, silver, platinum, and palladium, sourced from substrate chips, defective products, and waste materials. This segment provides services including gold bullion, silver bullion, platinum bullion, palladium, precious metal recovery and processing, jig cleaning and recycling, and functional component recycling. The Environment segment handles the delivery and recycling of ferric chloride waste fluid, along with the recovery and sale of copper, offering products like aqueous ferric chloride, water treatment agents, copper powder, and photocatalysts. The System Entrusted Development segment manages system entrusted development business, while the company also maintains a transportation business. Asaka Riken Co Ltd maintains a corporate website at https://www.asaka.co.jp/ for further information. Asaka Riken Co is one of the most popular companies on Eulerpool.